Latest news with #YangDongsheng
Yahoo
28-05-2025
- Business
- Yahoo
XCMG Champions "Solid Innovation for a Green Tomorrow" at 7th International Customer Festival
XUZHOU, China, May 28, 2025 /PRNewswire/ -- Xuzhou Construction Machinery Group Co., Ltd. - On May 20, the 7th XCMG International Customer Festival (hereinafter referred to as ICF 7) was officially launched under the theme "Solid Innovation for a Green Tomorrow," reaffirming its commitment to sustainable development. Over 2,000 customers from more than 80 countries came to Xuzhou to witness cutting-edge innovations and explore future-ready solutions for a greener, smarter, and more connected world. At the opening ceremony, Mr. Yang Dongsheng, Chairman of XCMG Machinery, extended his gratitude and respect to global partners. Quoting an ancient saying, "Those who share the same aspiration are never far apart," he emphasized that every breakthrough in XCMG's globalization journey is built on the trust, wisdom, and contributions of its international customers, highlighting a shared chapter of growth and success. As the construction industry faces mounting pressure to address climate change, XCMG has placed sustainable principles at the core of its strategy—leading the transition toward intelligent, low-carbon, and environmentally responsible equipment. This year's ICF 7 showcased XCMG's full-spectrum green solutions, including electric machines for all product lines and intelligent systems, designed to enhance energy efficiency, reduce emissions, and optimize productivity. A highlight of the ceremony was Mr. Yang delivering six golden keys to global customer representatives, marking the mass delivery of high-end and eco-friendly machinery. Customers praised the equipment as "solutions, not just machines," tailored to meet the evolving demands of smart and sustainable construction. ICF 7 also witnessed a record-breaking volume of signed orders, with total intended contract values nearing USD 800 million—an all-time high for XCMG's International Customer Festival. Orders covered a broad spectrum of advanced equipment, including cranes, earthmoving machinery, mining machines, road construction vehicles, and aerial work platforms, all reflecting integrated, intelligent, and eco-friendly solutions. Beyond economic impact, ICF 7 emphasized knowledge-sharing, with demonstrations of integrated smart and green solutions, intelligent control systems, and full lifecycle service technologies. XCMG continues to invest in R&D, global partnerships, and green manufacturing to help clients reduce their carbon footprint while achieving operational excellence. Over 2,000 overseas customers traveled far to Xuzhou, taking home more than equipment — they gained renewed confidence in "Made in China, Made in XCMG". As a trusted partner in the global construction machinery industry, XCMG remains committed to driving technological transformation and sustainable growth through its core focus on innovation and green development. View original content: SOURCE Xuzhou Construction Machinery Group Co., Ltd. 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
Korea Herald
26-05-2025
- Business
- Korea Herald
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 7 th 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.
Cision Canada
26-05-2025
- Business
- Cision Canada
XCMG Opens 7th XCMG International Customer Festival, Strengthening Collaboration with Global Partners
XUZHOU, China, May 26, 2025 /CNW/ -- XCMG Machinery ("XCMG", SHE: 000425) has successfully hosted the 7 th 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.
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
Korea Herald
14-05-2025
- Business
- Korea Herald
XCMG Machinery Publishes 2024 ESG Report: Pioneering Sustainable Innovation in Global Construction Machinery Industry Development
New Energy Leadership, Digital Transformation, and Global Partnerships Towards Carbon Neutrality Goals XUZHOU, China, May 14, 2025 PRNewswire/-- XCMG Machinery ("XCMG", SHE: 000425) has officially released its 2024 Environmental, Social, and Governance (ESG) report, particularly highlighting the group's achievements in sustainable practices aligned to global climate goals as well as breakthroughs in clean technologies, digital intelligence, and ethical governance, which positions XCMG as a catalyst of green industrial transformation. "In 2024, we achieved more stable operational quality and improved profitability, vigorously advanced sustainable practices and new energy product development, strengthened our technological innovation and capabilities and global development, and made significant strides towards establishing a world-class enterprise underscoring our philosophy of 'progress amid stability,'" noted Yang Dongsheng, CEO and Chairman of XCMG Machinery. Globally XCMG dominates in lifting equipment, foundation machinery, specialized vehicles, earthmoving, and loaders. The Company expands partnerships with 95 percent market coverage under the Belt and Road Initiative with localized procurement strategies enhancing resilience. Advancing Green Manufacturing Towards Dual Carbon Goals Committed to advancing green manufacturing transformation and upgrading products and operations to meet the carbon peaking and carbon neutrality goals, XCMG has implemented a broad range of initiatives aimed at reducing pollution, lowering carbon emissions, conserving resources and promoting recycling, leveraging technological and digital capabilities, financial strategies and cultural initiatives. In 2024, clean energy accounted for 13.63 percent of XCMG's energy consumption, and Scope 1 greenhouse gas emissions have been reduced by 102,363 tons. The digital carbon footprint management platform of XCMG covers 114 core components. In 2024, it launched 21 new energy product lines, including electric excavators, hydrogen-powered mining trucks, and hybrid cranes, and achieved 10.88 billion yuan (USD 1.508 billion) in sales revenue from new energy products. In addition, XCMG invested 46.34 million yuan (USD 6.42 million) in environmental initiatives. Leveraging a robust big data analysis model for energy consumption, XCMG has developed targeted strategies for energy conservation and carbon reduction across three primary energy sources: electricity, steam, and natural gas, driving a comprehensive transformation in energy management and steering the industry towards an era characterized by digitalization and intelligence. It has developed an energy and carbon control platform integrating cutting-edge cloud computing, big data, and IoT technologies to support a wide array of functions poised to facilitate seamless collection of energy consumption data via intelligent devices. Accelerating Digital and Intelligent Transformation as Industry Benchmark XCMG is consistently recognized as a national benchmark for smart manufacturing. In 2024, it achieved Level 4 Smart Manufacturing Capability Maturity and Level 3 Data Management Capability Maturity. Additionally, last year, XCMG Crawler and XCMG Fudi were included in the China 2024 5G Factory Directory, while XCMG Heavy Machinery was listed in both China's First Batch of Excellence-Level Smart Factories and Industrial Internet Pilot Demonstration Projects. Boosting Social Impact and Community Engagement Throughout 2024, XCMG conducted diverse ESG assessments with its suppliers and integrated ISO 14001 and SA8000 standards into procurement processes. It launched a low-carbon training initiative that allows the Company to conduct over 20 comprehensive training sessions for its suppliers globally. Meanwhile, XCMG has boosted investment in public welfare initiatives encompassing education, poverty alleviation and disaster relief. It also substantially enhanced the talent development system to provide employees with broader career advancement and personal growth opportunities. Last year, XCMG invested 2.04 million yuan (USD 282,664) in employee welfare programs, trained 7,619 R&D professionals, and promoted gender inclusivity, with two female directors on the Board.
