XCMG Ranked the 4th Place among China’s Top 100 Machinery Enterprises

    In the List of China’s Top 100 Machinery Enterprises 2011 released by China Machinery Industry Federation in Dafeng, Jiangsu Province on 25 May, XCMG has been ranked 4th for three years in succession and first among the 15 engineering machinery enterprises in the list, topping the engineering machinery industry for 23 years in succession. President and Party Secretary Wang Min of the Corporation attended the press conference and gave a speech on the typical experience in the Seminar on the Development Strategy of National Machinery Industry held on the same day.

    In the Seminar, combining the overall strategy of XCMG in “the 12th Five-year Plan”, centered on the main topics of independent innovation and internationalization, President Wang Min focused on the latest progresses, experiences and modes of the corporation in the aspects of the new highlights in technical innovation, innovation and mastery of the whole industry chain, innovation and infiltration of the whole value chain, advancement in the global market, exploitation of the global resources and digging of the potential of the companies in the world, and talked about the corporate culture with rich traditions continuously injected with the vitality of the time. President Wang Min’s speech attracted extensive attentions from totally more than 200 participants including the leaders of various levels of China Machinery Industry Federation, China Association of Automobile Manufacturers and the relevant departments of the provincial government and the representatives of the top 100 machinery and top 30 automobile manufacturers.

    In the press conference, President Wang Min also received the interviews of more than 20 media including CCTV, Economic Daily and China Industry News, etc. XCMG’s merger and acquisition and control of Schwing, its internationalized strategic steps and its strategic development in “the 12th Five-year Plan”, etc. became the hot topics asked and concerned by the media. XCMG also became the enterprise which received the most hot pursuit and concerns of the media in this press conference and its influence and popularity of the corporation in the industry was further strengthened and enhanced.

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