Latest news with #Xuzhou
South China Morning Post
3 days ago
- Entertainment
- South China Morning Post
‘Delivery man-poet': Chinese man with no higher education appointed to head academic body
A food courier in China who has written thousands of poems and published several books of poetry has been appointed as the head of an non-governmental organisation promoting reading in public. In early June, Wang Jibing, 55, was named vice director of the Xuzhou All People Reading Enhancement Association, a charitable organisation affiliated with Xuzhou municipal civil affairs bureau in eastern Jiangsu province, the news outlet The Paper reported. Wang has been dubbed the 'food courier poet' thanks to his dedication to literature. Wang Jibing writes poetry in his spare time, even jotting down lines on his palm while waiting for food delivery orders. Photo: He uses his spare time and the intervals when he is waiting for delivery orders to write poems on scraps of paper or even on his palms. So far, Wang has written 6,000 poems and published four books of poetry. Wang dropped out of secondary school because of his impoverished family background. He then worked as a construction worker, a food stall owner and a waste collector before becoming a food courier in 2019. In 2022, a short poem he wrote, titled A Person in a Rush, was shared on social media by the famous poet Chen Zhaohua and it resonated with many internet users in China.
Yahoo
27-05-2025
- Business
- Yahoo
Solid Innovation for Green Tomorrow! XCMG Excavator Hosts 7th International Customer Festival in Xuzhou
XUZHOU, China, May 27, 2025 /CNW/ -- The 7th XCMG International Customer Festival was held in Xuzhou, China, at XCMG's state-of-the-art intelligent excavator manufacturing hub. The event highlighted next-generation smart, application-specific, and eco-conscious solutions through product showcases, hands-on demonstrations, and collaborative technical exchanges. Industry partners and customers from across the globe gathered to explore the latest innovations driving sustainable construction practices. From Achievements to Co-Creation: XCMG Debuts Full Line of Low-Emission Excavators At the event, XCMG Excavator introduced 10 next-generation models powered by battery electric, and hybrid. Ranging from 1.5 to 70 tons, this comprehensive lineup underscores the company's ongoing commitment to green transformation and robust sustainable product portfolio, in support of China's Dual-Carbon goals. In the live demonstration zone, customers test-drove the XE215EV electric excavator and praised its seamless maneuverability, responsive powertrain, and quiet operation — capabilities that align with today's demands for productivity and operator comfort on job sites. Of note, customers from Northern Europe participated in technical discussions with XCMG's R&D team to refine machine functionalities and explore technological improvements. The collaboration is aimed at developing tailored solutions that address evolving market requirements worldwide. From Products to Jobsite Solutions: XCMG Excavator Creates Real-World Operator Experiences "I've operated the XE135F in Indonesia's rainforests—it's incredibly intuitive and adaptable," an Indonesian customer remarked at the forestry equipment exhibit, drawing enthusiastic nods from other attendees. The event featured scenario-based zones showcasing static displays of forestry machinery, material handling solutions, and multi-attachment applications, alongside live demonstrations of earthmoving and steep-slope operations. The simulations gave customers a chance to evaluate the performance and durability of XCMG excavators in challenging field conditions. Interactive operator challenges, including "Excavator Basketball" and "Precision Hoop Drills", energized attendees. A participant skillfully navigated the XE60G compact excavator to back-to-back victories in a precision control contest, drawing roars of approval. These innovative, hands-on activities deepened customer engagement, underscoring the machines' exceptional performance and operational excellence. From Collaboration to Shared Success: XCMG Excavator Paves the Way for Global Partnership Growth At the festival, one of XCMG's Indonesian distributors reflected on their two-decade partnership, noting that since the first equipment delivery in 2005, the alliance has deployed over 8,000 units. He cited XCMG's relentless innovation and custom-engineered solutions as key drivers for their continued collaboration. XCMG Excavator also hosted dedicated dealer workshops focused on equipment applications, market insights, and strategies for aftersales support. Looking ahead, XCMG Excavator reaffirmed its commitment to global collaboration, building on its "Scenario + Product" approach to convert customer needs into shared value and sustainable growth. For more information of XCMG Excavator, please visit View original content to download multimedia: SOURCE XCMG Excavator View original content to download multimedia: Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
XCMG Opens 7th XCMG International Customer Festival, Strengthening Collaboration with Global Partners
XUZHOU, China, May 26, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425) has successfully hosted the 7th XCMG International Customer Festival (the "Festival") from May 20 to 23 in Xuzhou, China. More than 2,000 customers from over 80 countries and regions as well as 60 journalists from both home and abroad gathered in Xuzhou, China, to celebrate and witness the largest edition of the Festival to date. Yang Dongsheng, chairman of XCMG Group and XCMG Machinery, expressed his gratitude and respect to the partners from all over the world. "As the old saying goes, 'Nothing, not even mountains and seas, can separate people with common goals and ideals.' Every breakthrough and leap forward in XCMG's globalization journey is full of the trust and entrustment of our global customers; it's the cohesion of everyone's wisdom and contribution and a chapter of the times we grow together." XCMG lined up 16 top-selling cranes, which heralded the beginning of a new journey with global partners. 2,500 drones drew the "SOLID TO SUCCEED" manifesto with the night sky as canvas, mapping the blueprint for building a greener future for all during its opening ceremony. XCMG also showcased groundbreaking products and green technologies, including the pure electric unmanned excavator XE215E and electric loader XC968-EV, both utilize XCMG's self-developed algorithms and AI models and are equipped with multi-line LIDAR, cameras and deep learning computing units that are extensively configured in the intelligent equipment to achieve truck positioning, path planning and accurate loading. At the opening ceremony, Yang Dongsheng presented six golden keys to deliver a batch of high-end hoisting machinery, intelligent and digital mining and road equipment. The interactive experience zone with 12 programs of the Festival was set up close to the actual working conditions of customer experience projects, including excavating machinery, road machinery, shoveling machinery, truck-mounted cranes, fire trucks and the city's operating platforms. Rooted in more than 190 countries and regions, XCMG, as a leading construction machinery brand, has made remarkable achievements in product technology, intelligent manufacturing, brand building, international market development and more. Against the backdrop of profound changes in the current global economic landscape and accelerated restructuring of the industrial chain and supply chain, XCMG is actively responding to the challenges and grasping opportunities, showing strong resilience and vitality in development. Li Qi, vice president of China Machinery Industry Federation, noted in his speech that XCMG has set a benchmark for the transformation and upgrading of the construction machinery industry. "We hope that XCMG will continue to play a leading role in the industry, strengthen in-depth cooperation with global partners, and make greater contributions to the development of the global construction machinery industry," said Li Qi. From the Simandou iron mine in Guinea to the Future City in Saudi Arabia, from the wind farms in Europe to mines in Indonesia, XCMG is committed to responding accurately to the market demand, and each solution originates from the in-depth insight into the local regulations, standards and operating habits, constantly breaking through the boundaries of the construction machinery to build a future of shared success. View original content to download multimedia: SOURCE XCMG Machinery Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
13-05-2025
- Business
- Globe and Mail
Empowering New Industrialization, XCMG Machinery's 2024 Annual Report Highlights High-Quality Development
XUZHOU, China , May 13, 2025 /CNW/ -- XCMG Machinery ("XCMG", SHE:000425), a global leader in construction machinery, has published its 2024 Annual Report, showing strong performance with net profit attributable to shareholders reaching CNY 5.976 billion ( USD 821.866 million ), a 12.2 percent increase year-on-year. The total revenue remains stable at CNY 91.66 billion ( USD 12.61 billion ). XCMG continues to maintain a leading position in China's construction machinery industry. Its non-deductible net profit reached CNY 5.762 billion ( USD 792,435 million ), up 28.14% year-on-year. The group's gross profit margin and net profit margin show continuous improvement with a significant increase in operating cash flow of 60.18 percent year-on-year to reach CNY 5.720 billion ( USD 786,660 million ). The net sales margin also increased by 0.89 percent year-on-year to 6.53 percent in 2024. The proportion of overseas revenue has continued to grow. In 2024, the overseas revenue reached CNY 41.687 billion ( USD 5.73 billion ), marking a 12 percent increase year-on-year and accounting for 45.48 percent of the total revenue. XCMG's R&D investment is up 11.1 percent in 2024 with an investment of about CNY 5.6 billion ( USD 772.8 million ), which accounts for 6.11 percent of the revenue. By the end of 2024, the company has 7,619 R&D staff, an increase of 12.13 percent. Throughout the year, it added more than 1,600 new authorized patents, over 750 of which are patents for invention. High-quality development and long-term returns on value investment Showing resilient growth, 2024 was a year of breakthrough for XCMG, with accelerated development of intelligent transformation, digitalization and networked operation and stable growth showing high-quality development momentum. XCMG is taking the lead to drive transformation and unswervingly take the new industrialization path powered by AI, accelerating innovative, high-quality development with its own characteristics. XCMG HANYUN especially focuses on the three major sectors of intelligent manufacturing, internet of vehicles and unmanned applications scenarios leveraging HANYUN OS and AI technologies as the core. With high-quality development and sustainable performance as the foundation of success, XCMG shares the fruits of development with investors through cash dividends, share buybacks and more, showing confidence through the increase of shareholding by the major shareholders, shareholding by employees and equity incentives. In 2024 , XCMG's cash dividends remained at CNY 2.127 billion ( USD 292,521 million ). The Company will continue to advance its share repurchase program, the initiative including to allocate no less than CNY 1.8 billion ( USD 247,550 million ) for equity incentives and employee stock ownership plans, while dedicating a minimum of CNY 300 million ( USD 41.258 million ) to share cancellation through repurchases. XCMG continues the growth trend in the first quarter of 2025 reporting an operating income of CNY 26.815 billion ( USD 3.69 billion ), an increase of 10.92 percent year-on-year; net profit of CNY 2.022 billion ( USD 278,081 million ), a year-on-year increase of 26.37 percent; deducted non-net profit of CNY 2.007 billion ( USD 276,018 million ), a year-on-year increase of 36.88 percent, and operating cash flow was up nearly 2.6 times.
