PR87390

XUZHOU, China, Dec. 23, 2020 /PRNewswire=KYODO JBN/ --

XCMG (000425.SZ), one of the world's top construction machinery manufacturers,

has been named one of "The World's 500 Most Influential Brands" for the second

time by The World Brand Lab and is the only Chinese construction machinery

manufacturer to make it onto the 2020 list. The company also ranked in the top

100 of the 2020 China's 500 Most Valuable Brands list.

"We are privileged to be recognized as an influential brand at a time when

people judge a brand more by its sustainability and change-making ability,"

said Yang Dongsheng, General Manager of XCMG Machinery. "The COVID-19 pandemic

has brought more challenges for brands to convert such value to its fundamental

strategy, and we hope to seize this opportunity to share our experience of a

green recovery with our industrial partners and other brands around the world."

XCMG is taking innovation and sustainability as its core development strategy

and places the concept of sustainable development throughout every link of its

product manufacturing.

The company is taking an "Advanced and Endurable" development path to develop

green products, helping customers save energy and reduce emissions. Its

introduction of LNG technology back in 2009 has led to a full coverage of green

energy product lines from construction machineries to heavy trucks, such as its

XE215HB hybrid excavator that can save energy at a rate of more than 25 percent.

The strategy has been proven by partners and customers. At the 2020 Global Top

50 Construction Machinery Summit, XCMG mobile cranes ranked first in the 2020

Top 10 Global Mobile Crane Manufacturers list. In addition, XCMG is investing

more in intelligent and green manufacturing. The company has stopped using

materials and processing techniques that may pollute the environment and

endanger health. It has invested more than CNY250 million(US$ 38.1 million) in

pollution treatment as well as energy and water source testing, including a

72-million yuan (US$10.9 million) investment in the green welding process.

XCMG has also invested 1.5 billion yuan(US$ 228.9 million) to establish a

large-scale precision machining factory which utilizes a world-class green

manufacturing system with zero emissions of solid pollutants.

For more information, please visit www.xcmg.com, or XCMG pages on

Facebook(https://m.facebook.com/XCMGGroup),

Twitter(https://twitter.com/XCMGGroup),

YouTube(https://www.youtube.com/user/XCMGgroup),

LinkedIn(https://www.linkedin.com/company/xcmg-imp-&-exp-co-ltd/) and

Instagram(https://www.instagram.com/xcmggroup).

SOURCE:  XCMG

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Recovery Experience