July 23, XCMG Group signed strategic cooperation agreement with China Gezhouba Group at Xuzhou Construction Machinery Science & Technology Co., Ltd.

XCMG Group keeps the leading position in China’s construction machinery industry for 21 years. In recent years, XCMG Group develops rapidly, the sales income reached 50.5 billion Yuan in 2009, and the number will grow 10 billion each year. XCMG has edged into the top 10 enterprises in the world construction machinery industry. With years of development, XCMG has cultivated the ability of independent research and development and innovation. XCMG has launched the fourth generation of road machinery in China, and the technical level of road roller, paver, and asphalt mixing plant has reached advanced international level. The matching parts of road machinery, and the sales of truck crane and large-tonnage road roller all rank the first in the world.