On May 26, XCMG Machinery revealed the latest development trends of the industry and the company’s future plans when answering questions from investors on an interactive platform.
At present, the industry is showing a good situation with continued improvement in domestic sales and continued high growth in exports.
In the domestic market, with the gradual recovery of the economy and the advancement of infrastructure construction, the demand for construction machinery continues to increase.
XCMG Machinery has keenly captured this market change and actively adjusted its production and sales strategies to meet the needs of domestic customers.
The continuous improvement of domestic sales not only reflects the market’s recognition of XCMG machinery products, but also provides a solid foundation for the company’s development.
In the international market, XCMG Machinery’s export business has shown a trend of high growth.
The company has won a wide range of customer base around the world with its high-quality products and good services.
The high growth in exports not only enhances the international influence of XCMG Machinery, but also brings considerable economic benefits to the company.
Faced with such a market situation, XCMG Machinery has a clear development plan.
The company will adhere to the business policy of “high quality, strong safety, world-class, and stable growth”, which reflects the company’s high requirements for its own development and its deep understanding of the market.
In order to achieve higher-quality development, XCMG Machinery has deeply promoted the “five modernizations” transformation of high-end, intelligent, green, global and service-oriented.
High-end means that the company will continuously improve the technical content and quality of its products to meet the needs of high-end customers; intelligence means using advanced information technology to realize intelligent control and management of products; greening means following the trend of environmental protection and developing more environmentally friendly and energy-saving products; globalization means expanding the international market and enhancing the company’s international competitiveness; service-oriented means enhancing customer satisfaction and loyalty by providing high-quality after-sales services.
At the same time, XCMG Machinery is making every effort to fight the “three major battles” of intelligent transformation, digital transformation and network connection.
Intelligent transformation refers to the intelligent transformation of the production process to improve production efficiency and quality; digital transformation is to promote the digital transformation of enterprises and achieve effective management and utilization of data; network connection is to strengthen the network connection of products to achieve remote monitoring and fault diagnosis.
The company also accelerates the forging of new productivity, continues to optimize its global layout, and consolidates and improves its core advantages.
Through continuous innovation and technological upgrading, XCMG Machinery can stand out in the fierce market competition, actively seize structural opportunities in the industry, and achieve higher quality, more sustainable and more resilient development.
Under the background of improved domestic sales and high export growth in the industry, XCMG Machinery is expected to achieve better results in future market competition through a series of strategic initiatives and make greater contributions to the development of China’s construction machinery industry.
