Other Xuzhou Construction Machellonery Group Inc related
Xugong Group actively facing the domestic and foreign market turbulence situation, seize the state has increased investment and regional economic planning investment opportunities, vigorously transformation of operation mode and growth mode, accelerating the pace of industrial upgrading, has achieved four consecutive years of net increase of over 10 billion yuan, the scale of annual profit tax 3 times the speed of xugong".
XCMG has increased its investment in technology, management, manufacturing and internationalization, with bright spots and rising levels. A total investment of 5 billion yuan Xu large tonnage crane industry base foundation, will build a world-class industrial base for producing adult more than ten thousand cranes; a total investment of 730 million yuan with international level Jiangsu Xuzhou Research Institute of construction machinery construction project foundation; joint venture XCMG Doosan engine enterprises completed and put into production.
Learned from the Xugong Group, Xugong Group in 2010 operating income exceeded 66 billion yuan, an increase of more than 30%, to achieve profit growth of more than 50%, to achieve a sound and rapid development of the construction machinery industry, keep the leading position for 22 consecutive years.
2009 Xugong Group has entered the construction machinery of the world's top 10, the implementation of 66 billion yuan, not only to continue to consolidate the ranked first in the construction machinery industry position in the world ranking will also enhance the overall competitive strength, marking the Chinese engineering machinery enterprises have entered the country as the first column. In 2011, XCMG achieved operating income of 87 billion yuan. In XCMG 12th Five-Year plan, has made it clear that the scale of operation in 2012 to break through 100 billion yuan.
