Promoting sustainability, innovation and global collaboration
SHANGHAI, December 6, 2024 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE: 000425), the leading Chinese construction equipment manufacturer, announced the signing of contracts worth more than US$10,000 10 billion CNY at the recently completed balm China 2024. These agreements include zero-emission and smart mining equipment, new energy manufacturing and heavy-duty cranes, underscoring XCMG's commitment to sustainable, smart industrial solutions.
Standout offerings include:
- In a historic deal worth 3 billion CNYXCMG signed a contract for environmentally friendly mining equipment Fortescue Groupone of the world's largest iron ore producers Western Australia. Under the agreement, XCMG will deliver over 100 zero-emission heavy mobile units, including electric wheel loaders, bulldozers and graders, by 2030 to meet Fortescue's goal of achieving zero-emission units across its Australian iron ore operations by 2030. The first batch of equipment is expected to be operational by 2026 and will reduce fossil fuel consumption by millions of liters over its life cycle.
- XCMG has signed a strategic agreement with Tsingshan Holding Group to establish XCMG-Tsingshan's new energy equipment manufacturing plant in Indonesia. This factory is XCMG's first major production site in Southeast Asiais a milestone for the region as the first facility to specialize in new energy devices.
- XCMG has completed bulk delivery to China of wheeled and crawler cranes worth over 200 million CNYincluding:
- XCA4000the world's largest all-terrain crane.
- XCA2000known for its versatility in wind power projects.
- XLC18000M And XLC17000innovative crawler cranes for the installation of wind turbines.
With these agreements, XCMG solidifies its position as a leader in sustainable construction and mining equipment, driving progress in global markets while fostering long-term growth and innovation.
With the exhibition of more than 40 electric and hybrid machines, including 42% of all excavators, cranes, graders, mining equipment, road equipment and road machines on display, XCMG reinforced its leadership in clean energy solutions. Notable worldwide debuts included:
- XC9108EVthe world's largest purely electric charger.
- GR350EPthe world's first electric mining grader.
- XCT100G5-1HEVa 100 tonne hybrid crane.
- XE650GK-HEVa hybrid hydraulic excavator specifically designed for mining.
At bauma ChinaVisitors were fascinated by the display of XCMG's equipment featured in the blockbuster film The Wandering Earth IIincluding the Walking excavator ET120which conducted live demonstrations of complex maneuvers such as obstacle navigation and precise positioning. This integration of cinematic innovation and technical excellence underscores XCMG's futuristic vision.
“As a leading manufacturer with a proud 81-year history, XCMG has built a strong partnership with bauma China since 1992,” said Yang DongshengChairman of XCMG Machinery and XCMG Group. “Over the years, this global platform has been a testament to our ongoing commitment to innovation and collaboration, allowing us to work hand-in-hand with global partners to overcome both challenges and successes and thrive together.”
As a sign of its commitment to innovation and collaboration, XCMG is introducing this XCMG TrueCare global service brand and the Plan for a WIN-win situation She was a community and environmental initiative at the show, working with global partners to drive shared success through improved products and services.
SOURCE XCMG Machinery