XCMG Named as One of the World's 500 Most Influential Brands, Shares Green Recovery Experience
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
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