Case Introduction

XCMG Group Engineering Machinery Co., Ltd. (referred to as XCMG Co., Ltd.) is an important member enterprise of Xuzhou Engineering Machinery Group Co., Ltd. (referred to as XCMG Group) with the most core business and the longest history. It is a "Double Hundred Enterprises" in state-owned enterprise reform and one of the first mixed ownership reform pilot enterprises in Jiangsu Province. It is a leading enterprise in China's engineering machinery industry with a grand scale, complete product variety and series, high competitiveness, influence, and national strategic position, worth billions of yuan.

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