XCMG Construction Machinery Co., Ltd. Class A 000425

The 11th XCMG Staff Arts Festival opened in Xuzhou on September 19, with more than 3,000 employees from XCMG's businesses and operations taking part. Under the theme "Charming XCMG, Everyone Shines," the festival showcased XCMG's employee culture and corporate growth through performances, construction equipment displays and a global livestream.

XCMG broke ground on the XCMG Indonesia Remanufacturing Center on Sept. 16 in Balikpapan, Indonesia. As XCMG's first overseas base dedicated to the overhaul and remanufacturing of mining equipment components, the project marks the start of a localized aftermarket service center supporting equipment throughout its operational lifecycle and represents a key step in the company's overseas localization strategy.

XCMG Machinery (SHE: 000425) has released its financial results for the first half of 2026, reporting revenue of RMB 61.25 billion (approximately USD 9.03 billion), up 11.75% year-over-year.

The 15th China Innovation & Entrepreneurship Competition – "AI + Construction Machinery" Division opened for registration on August 13 under the theme "Green Intelligence for a Better World." Co-organized by XCMG, the competition invites innovators, engineers, scientists and tech enthusiasts to develop solutions that advance intelligent and green technologies for construction machinery.

XCMG (SHE: 000425) has accelerated equipment deliveries and deployments in Angola, Southeast Asia, South America and Mozambique, supporting road construction, lifting, aerial access and green mining projects.

XCMG's drive to bring battery-electric mining equipment to Australia's Pilbara region was the focus of an in-depth feature published by The Australian Financial Review (AFR) on Aug 3, including an interview with Yang Dongsheng, chairman of XCMG Group and XCMG Machinery.

XCMG Group highlighted sustained research and development, end-to-end digital transformation and deeper localization as three key pathways to advancing the sustainable transformation of the global mining industry at the Boao Forum for Asia Perth Conference held on July 27.

XCMG (SHE: 000425) held an inauguration ceremony for its Indonesia New Energy Manufacturing Base (the "Base") on July 27 at Indonesia Weda Bay Industrial Park (IWIP) in North Maluku Province. With the first batch of new energy equipment rolling off the production line and being delivered to strategic partner Tsingshan Holding Group's IWIP, XCMG's first overseas new energy factory commenced production.

As World Youth Skills Day 2026 highlights "Skills for a Shared Future," XCMG Group is advancing its overseas vocational education system to connect local employment needs and customer service scenarios with structured talent development, skills certification and career pathways.

XCMG recently launched XCMG CONNECT globally during the 8th XCMG International Customer Festival in Xuzhou. From equipment monitoring to AI-assisted diagnosis and global service coordination, XCMG CONNECT supports smarter, faster, and more connected equipment management for global users.

Xuzhou Construction Machinery Group (XCMG Group) and ZF Friedrichshafen AG (ZF) signed a joint venture agreement in Friedrichshafen, Germany on June 2. The partnership aims to provide locally tailored solutions for China's agricultural machinery market and accelerate agricultural technology innovation in China.