XCMG Debuted at the first 'China - Asia-Europe Expo'

September 02, 2011

From September 1st to 5th , 2011, the first ’China-Asia-Europe Expo‘ was held in Xinjiang International Exhibition Center. As an important exhibitor, XCMG stroke a pose on the stage with 21 sets of construction machinery products, comprehensively covering lifting, earthmoving, road construction and maintenance, concrete, and special Vehicles. Large exhibits lineup and waves of visiting people make XCMG be one of the most concerned exhibition areas. XCMG brand sets off upsurge in Xinjiang, the highlight land.

With higher standard, larger scale, wider impact, the success of this China-Asia-Europe Expo is the inheritance and sublimation of the 19th Urumqi Fair, predecessor of Asia-Europe Fair. Including Urumqi Fair, it is the fifth participation of XCMG in the Asia-Europe Fair. On this exhibition, XCMG elaborately prepares excellent products for all exhibit areas, and highlights benefits on the complete sets of large-scale enterprise group, with the ability to provide users with overall solutions for engineering construction such as lifting, road construction, road maintenance, transportation and excavation of earthwork, pumping and transportation of concrete, etc.

Machineries of XCMG have become a strong booster for the construction and development of Xinjiang. Meanwhile, thanks to good radiate ability of Xinjiang, products of XCMG have a high market share in countries and regions of Central Asian. Xinjiang has also become a major springboard for XCMG towards internationalization pace.

In the first year of the "Twelfth Five-Year Plan", Xinjiang will speed up the infrastructure construction of railways, highways, civil aviation, electric power, etc., and plan to complete major construction projects with investment of US$ 2.35 billion. In the next few years, construction machinery industry will play a promising role in Xinjiang. XCMG has also made strategic initiatives, with investment and construction of industrial bases in Xinjiang. On August 4, , XCMG and the Urumqi Economic and Technological Development Zone (Toutunhe) signed Xinjiang XCMG equipment manufacturing base project investment agreement at Horgos Port in Xinjiang. Covering an area of 867 square meters, with total investments of US $ 391.5 million, the project will produce earthwork machinery, Concrete Machinery, construction machinery and other products, with estimated annual production value of US $ 939.6 million. After completion, the project will become the R&D, manufacturing and sales center for XCMG in northwest provinces and the Central Asian countries, and will also contribute to the development of Xinjiang's economy.

At present, XCMG is striding forward to the company objective "US$31.32 billion Yuan, internationalization and world-class". Western and Central Asian markets, with Xinjiang as the representative, have become an important strategic market support for XCMG, which will take advantage of Asia-Europe Expo to construct and invest in Xinjiang, and will together with the Xinjiang People create a bright future!