XCMG NEWS

100 Million USD! XCMG Embraces the World with a Shared Future!

The second China International Import Expo, or CIIE, was held

in Shanghai,

with over 3,000 exhibitors from more than 150 countries and regions gathering together,

covering an area of 360,000 square meters



A year ago,

A strong message was sent out,

In a year,

All commitments were delivered.

 

“XCMG will keep on going out and bringing in, and enhance its voice in the international market by importing advanced technologies and parts.” Wang Min, Chairman of XCMG mentioned in an interview by CCTV at the first CIIE in 2018.



Share the Future in a New Era

XCMG, as a purchaser, has participated in the CIIE for two consecutive times.

During this CIIE,

XCMG will sign with internationally renowned suppliers

such as GE, Daimler and Kawasaki for deep cooperation.

With the expected amount of more than 100 million US dollars in purchasing,

XCMG will work with its partners to explore the global value chains

for win-win results.

 

“XCMG sincerely hopes to form a new relation of strategical cooperation with equipment manufacturers, research institutions and relevant enterprises at home and aboard.” Lu Chuan, President of XCMG Machinery, commented in an interview.



Opening-up for Cooperation, Innovation and Sharing

In recent years, XCMG has always insisted on

“going global” and “bringing in”.

It has built a bridge for working with leading enterprises in the industry

by the cooperation on advanced technologies and imports of high-end parts.

At the same time, XCMG works hard to develop its technologies and promote innovation, further improving its competitiveness in international market.

 


By extending its purchasing platform worldwide from 2010, XCMG has formed a global supply network based on purchasing centers at home and in Europe



Where--

· The domestic purchasing center is taken charge by XCMG Supply Company and its Bonded Function.

· XCMG Bonded and European Purchasing Center are responsible for global purchasing together. Imports mainly include high-end core parts from more than 20 countries and regions, including Europe, Japan, the USA and South Korea.




By continuously exploring a model for strategical purchasing worldwide,

XCMG has formed a strategically alliance with its global industrial partners and 

interconnection of purchasing around the world.



Cooperation and Sharing for a Better Life

Reinforcing strategic cooperation and industry layout,

XCMG continues to improve its competitiveness in global construction machinery field, with a view to being a world-class brand equipment manufacturer by constant innovation and international strategy.