en.Wedoany.com Reported - Yang Dongsheng, Chairman of the Board and Party Secretary of Xuzhou Construction Machinery Group Co., Ltd. (XCMG, 000425.SZ), attended the 5th Tashkent International Investment Forum held in Tashkent, the capital of Uzbekistan, from June 16 to 19, 2026, upon invitation. This forum is the highest-level and largest annual economic event in Uzbekistan, with over 10,000 representatives from more than 100 countries and regions participating. On June 18, Yang Dongsheng took part in the plenary meeting of the Foreign Investors Council chaired by Uzbek President Shavkat Mirziyoyev, which identified new priority directions for foreign investment cooperation.

Founded in 1989 and headquartered in Xuzhou City, Jiangsu Province, XCMG is a leading enterprise in China's construction machinery industry, covering the R&D, manufacturing, and sales of a full range of engineering equipment, including earthmoving machinery, hoisting machinery, mining machinery, and concrete machinery. In 2014, XCMG established a joint venture, UzXCMG, with Uzbekistan's state railway company in the Khorezm region. This is XCMG's first manufacturing base in Central Asia, having delivered thousands of units to the local market. XCMG has maintained the top market share in Uzbekistan's construction machinery sector for consecutive years.

During the forum, Yang Dongsheng and his delegation held talks with officials from the Bukhara region, Khorezm region, and the Uzbek State Assets Management Agency. The Uzbek side highly recognized the operational achievements and localization progress of XCMG's joint venture in the country. Luo Guangjie, Vice President of XCMG Machinery, signed a strategic cooperation memorandum on behalf of XCMG with Ukhtam Salomov, Deputy Minister of Higher Education, Science, and Innovation of the Republic of Uzbekistan. XCMG Global Learning and Education Center, together with Xuzhou Institute of Technology and Urgench State University, signed a strategic agreement for joint undergraduate international student training. Yang Dongsheng stated that XCMG will continue to expand its industrial investment in Uzbekistan, broaden the dimensions of industrial chain cooperation, and deepen localized operations.

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