XCMG NEWS

Promoting Friendship, Seeking Cooperation, and Developing Together︱2018 XCMG Overseas Strategy Seminar Was Held

?During the bauma China 2018, XCMG Global Dealer Conference was held in Longemont Shanghai on November 28. As an important part of the Global Dealer Conference, XCMG Overseas Market Strategy Seminar was held on the afternoon of the same day.

Yu Dongke, Director of the Department of Industry Development and General Secretary of Constructional & Agricultural Machinery Branch, China Chamber of Commerce for Import and Export of Machinery and Electronic Products, Cui Jingtao, Director of the First Business Office of Overseas Investment Insurance Underwriting Department of China Export& Credit Insurance Corporation, Nick Johnston, CEO of Asia Pacific, Commerzbank, Fu Maozan, President and CEO of United Overseas Bank (China), Wu Jianglong, Vice President of XCMG Construction Machinery, Liu Jiansen, Vice President of XCMG Construction Machinery and General Manager of XCMG Imp. & Exp. Co., Ltd. and more than 500 XCMG dealers and customers from 64 countries attended the Seminar.

Yu Dongke, Director of the Department of Industry Development and General Secretary of Constructional & Agricultural Machinery Branch, China Chamber of Commerce for Import and Export of Machinery and Electronic Products, addressed the Seminar that in recent years, the Chinese construction machinery industry has advocated the One Belt, One Road initiative proposed by Chinese President Xi Jinping, committing to Chinese construction machinery going overseas and accelerating the international layout. XCMG is a typical representative in this respect. At present, XCMG products have been exported to 182 countries and regions around the world, allowing its heavy equipment to go overseas and help the economic construction of countries around the world.

 

Speech by Yu Dongke, Director of the Department of Industry Development and General Secretary of Constructional & Agricultural Machinery Branch, China Chamber of Commerce for Import and Export of Machinery and Electronic Products

 

Subsequently, Liu Jiansen, Vice President of XCMG Construction Machinery and General Manager of XCMG Import & Export Corporation, also gave a keynote speech themed “New Era, New Journey and New Dream”, introducing XCMG 2018 overseas development process and the future planning for overseas market.

 

Liu Jiansen, Vice President of XCMG Machinery and General Manager of XCMG Imp. & Exp. Co., Ltd. delivered a keynote speech

 

During the Seminar, Wu Jianglong, Vice President of XCMG Construction Machinery, signed a strategic cooperation agreement with Commerzbank and United Overseas Bank on XCMG behalf, and delivered a speech entitled “XCMG Financial Internationalization”, introducing XCMG financial internationalization development strategy.

 

Wu Jianglong, Vice President of XCMG Construction Machinery, and Nick Johnston, CEO of Asia Pacific, Commerzbank, signed a Memorandum of Understanding on Strategic Cooperation

 

Wu Jianglong, Vice President of XCMG Construction Machinery, and Fu Maozan, President and CEO of United Overseas Bank (China), signed a Memorandum of Understanding on Strategic Cooperation

 

Cui Jingtao, Director of the First Business Office of Overseas Investment Insurance Underwriting Department of China Export& Credit Insurance Corporation, also made a keynote speech themed CITIC - Safeguarding the Stable Growth and Risk Mitigation of Construction Machinery Industry in the Seminar, reviewing the development history of CITIC insurance business and export business of Chinese construction machinery, and systematically describing the contents involving the construction machinery industry such as promoting trade financing, optimizing trade terms, expanding financial resources, and enhancing mutual trust.

Yu Hongyu, Deputy General Manager of XCMG Import& Export Corporation, made a Progress Report on Trade and Finance Cooperation. Krishnakumar P.N., General Manager of XCMG Schwing (India), and Biju, Chief Financial Officer of UAE Branch of Xuzhou Construction Machinery (Middle East) Co., Ltd., as outstanding customer representatives, shared their successful cases and management experience in the process of cooperation with XCMG. The present dealers said that they have been inspired and prompted by the outstanding performance of the two dealers in the field of sales expansion and risk control in the local market.

 

Yu Hongyu, Deputy General Manager of XCMG Imp. & Exp. Co., Ltd. delivered a keynote speech

 

Krishnakumar P.N., General Manager of XCMG Schwing (India), delivered a keynote speech

 

Biju, Chief Financial Officer of UAE Branch of Xuzhou Construction Machinery (Middle East) Co., Ltd., delivered a keynote speech

 

Since then, Karl Werner of Ritchie Bros. Auctioneers has also introduced the plan for disposal of used construction machinery in global market. All dealers signed a Letter of Commitment to Integrity Convention at the Seminar.

 

Karl Werner of Ritchie Bros. Auctioneers delivered a keynote speech

 

The Seminar achieved success and ended in a harmonious and friendly atmosphere, which not only enhanced dealers’ determination and confidence to closely cooperate with XCMG, but also paved a road for XCMG international development and reaching the industry’s Everest summit in the future.