en.Wedoany.com Reported - XCMG is transforming from a traditional equipment manufacturer into a technology-innovation-driven and value-oriented enterprise.
Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, made the above remarks during an interview with Phoenix TV and other media outlets at the 8th XCMG International Customer Festival. Over 2,500 merchants from more than 100 countries and regions witnessed XCMG's latest green and intelligent achievements at the festival. The opening ceremony saw the launch of the XCMG CONNECT smart service system and showcased eight major application scenarios, including intelligent earthmoving, green energy, smart mines, and emergency rescue. These practices serve as the backbone of XCMG's green and intelligent transformation.
In terms of unmanned technology, the intelligent unmanned paving equipment displayed on-site can achieve precise control, ensuring uniform paving thickness and stable compaction. This solution has been successfully applied in a highway engineering project in Oman. The Omani partner commented that the equipment improved construction efficiency while reducing labor input and operational costs. They also stated that the most impressive exhibit was the electric excavator, as they had visited two major production bases and recognized XCMG's technical strength.
In the field of new energy, Stuart, Chairman of Australia's Brooks Group, pointed out at the customer festival that power batteries, pure electric, hybrid, and hydrogen energy represent the major trends in the industry. He noted that XCMG is at the forefront, setting benchmarks for the technology and quality of related products.
Regarding globalization, Stuart commented that they value XCMG's massive equipment production capacity, and even more so, its one-stop manufacturing capability. XCMG is comprehensively integrating digital, intelligent, and unmanned technologies into the entire process of product research and development, manufacturing, and enterprise management.
Yang Dongsheng revealed that XCMG will subsequently focus on sectors such as the mining industry, high-end agricultural machinery, and artificial intelligence, carrying out industrial mergers, acquisitions, and integration. He stated that XCMG aims to become a growth-oriented, technology-driven enterprise, continuously delivering cash flow and dividend returns to investors. He also clarified the development goal: during the "15th Five-Year Plan" period, XCMG will achieve leapfrog development.
Yang Dongsheng expressed the need to convey and showcase to global customers and investors the image of a green, intelligent, globally trusted, value-sharing, and world-class leading enterprise in China's high-end manufacturing industry. From Xuzhou to the world, from fuel to new energy, and from standalone machines to complete solutions, XCMG is accelerating its shift onto a new track of technological innovation and value creation.
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