XCMG and ICCI sign Cooperation Framework Agreement

December 14, 2015

A cooperation framework agreement was signed between XCMG and Indonesian Chamber of Commerce and Industry (ICCI) on December 3, 2015. Sun Jianzhong, vice president of XCMG and Board Chairman of XCMG Imp. & Exp. Co., Ltd. and Hu Xiangyang, Deputy General Manager of XCMG Imp. & Exp. Co., Ltd attended the signing ceremony.

XCMG is China's first and the world's fifth largest construction machinery manufacturer and equipment solution provider. Its products have been exported to 173 countries and regions in the world. As China's only large-tonnage mining equipment provider, XCMG offers large-tonnage products, such as 400-ton mining Excavators, 400-ton mining Tippers, 12-ton mining loaders, 300 PS mining Graders, etc., which have been put in service successfully at major mining areas in China, Australia, the Middle East and Africa.

As the largest and the sole association cooperating with the government, ICCI has over 600 members and branches, including Indonesia Mineral Processing and Smelting Association, and covers such industries as mining, shipbuilding, construction, etc.

According to the framework agreement, the ICCI will become the formal advisor of XCMG in Indonesia and promote XCMG's business development in Indonesia. Based on win-win principle, ICCI and XCMG will cooperate in mineral extraction and processing, infrastructure construction, manufacturing as well as some other aspects.

Representatives from ICCI visiting XCMG Excavator Manufacturing Base

Seven ICCI representatives headed by the Executive Chairman visited the XCMG Experience Hall, Intelligent Manufacturing Base for heavy-duty loaders, XCMG Manufacturing Base for heavy-duty Cranes and Excavators. During the visit, the guests were amazed by XCMG's advanced manufacturing technology and complete sets of heavy-duty products, and said that they could not imagine that XCMG in China was able to create and produce such advanced equipment, and they expected to cooperate with XCMG to import more XCMG equipment to Indonesia and promote XCMG products to more places around the world. ”

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