XCMG stably ranks the 6th in 2019 Yellow Table!
On April 8, when Bauma 2019 MUNICH was developed vigorously, a big news raised the confidence of Chinese equipment manufacturing enterprise. KHL Group- the most authoritative engineering machinery information provider in the world- issued Yellow Table 2019; the list shows that the total income of global enterprises listed is 184 billion USD, which increases by 13.5% compared with 2017. XCMG ranks the 6th on the list, and ranks the 1st among China-invested enterprises, and it has been ranked in top 10 for several successive years.
The data disclosed by KHL shows that the sales amount of China’s engineering machinery industry enjoyed a year-on-year growth in 2018, and the sales volume was 340,000 sets. The equipment sales volume on Chinese market of this year is the biggest since 2012, and China becomes the global largest construction equipment market again, which is consistent with the development of China’s equipment manufacturing industry. The growth is accompanied with the improvement of Chinese enterprise on Yellow Table. XCMG, as the continual leader in China’s engineering machinery industry, ranks the 6th on the table, and it always keeps the stable and high quality development based on the excellent performance of “the stronger will be stronger”.
In 2018, the growth of overseas business of XCMG is the new highlight; and the foreign exchange earned through exports enjoys a year-on-year growth of 75%. 70%-80% overseas business of XCMG is mainly developed in the countries along the “Belt and Road”, and important breakthrough has been made in European and North American market.
At present, the full series product of XCMG has covered 183 countries and regions all over the world; and 4 R & D centers, 14 overseas manufacturing bases and KD factories, over 2, 000 service terminals, over 300 overseas dealers, 40 overseas offices, 40 overseas large-scale spare parts centers have been established. XCMG has manufacturing base and six overseas assembly factories in Brazil, Germany, Austria, India and America; R &D center has been established in Germany, America and Brazil and European purchase center has been established; and XCMG has merged and purchased 3 European enterprises (including SCHWING). Its global sales and service network can meet users’ all-round demands and requirements.