To Cooperate For A Brighter Future

On Nov. 24, 2010 XCMG Overseas Distributors Association was opened in Shanghai. Group leaders such as Li Suoyun, Wang Yansong, Sun Jianzhong, Yang Dongsheng, Lu chuan and general managers of subsidiary companies participated in this meeting. About 300 overseas businessmen and industry delegates from 40 countries also took part in the meeting to discuss the future development.
Vice President Li Suoyun, on behalf of Chairman Wang Ming, delivered a speech in the meeting. He gave a warm welcome and thanks to overseas distributors. In his speech, he expressed his appreciation of overseas distributors powerful support and help to XCMG in the international financial crisis. Thanks to their support, XCMG together with the overseas distributors vigorously adjusted international marketing strategy and mobilized all resources and channels to expand global market, thus having gained a batch of large orders and strengthened customer relationship. He also said XCMG will continue to expand major overseas markets and markets surrounding these areas. Local financing, spare parts manufacturing, services and supporting facilities supply will be realized in overseas markets. Meanwhile, local employees will also be hired to build XCMG into a major provider in global market. XCMG will give great support to overseas distributors regarding technical service, maintenance, credit financing, customer communication and product promotion as well as protect their benefits for their better development. He sincerely hoped all overseas distributors will continue to support and cooperate with XCMG for great success of both parties.
Poland distributor representative Mike later said in his speech that large number of XCMG s wheel loaders, compactors, motor graders and truck cranes have been delivered to Poland, Romania, Hungary, the Czech Republic, Bulgaria and even western European countries, enhancing the brand influence of XCMG in Europe. It is also of great significance for XCMG s expansion of European market. He believed XCMG and its European companies will seize the opportunities brought by the "EU equal development plan" and by rapid development of Poland to sell more equipment to Poland and eastern and western European countries. XCMG European companies will help improve XCMG s international brand recognition.
Overseas distributor representative, the principal of Brazil GTM said in his speech that XCMG s cranes have become the benchmarks on Brazilian crane market and were widely used in the most important projects, which have received more and more recognition from Brazilian customers. Besides, XCMG continues to develop and improve its products and services in the cooperation, which will help strengthen its leading role in Brazil crane market.
At present, more than 100 overseas XCMG s agents provide comprehensive marketing services for global customers. XCMG s products have been sold to over 140 countries and regions in the world. The market shares of 9 types of host machines and 3 categories of key parts rank in the first place in China while export volume and value of 5 categories of host machines continuously rank the top in domestic industry. The exciting achievements of XCMG indicate China s engineering machinery industry will play an increasingly important role in the world. The great success of the 3rd XCMG Overseas Distributors Association provided opportunities for overseas distributors to better know and communicate with XCMG and expand their cooperation with XCMG in the future. It is also conducive to XCMG s goal to break into the Top 5 companies in global engineering machinery industry with multi-billion revenue in 2012.
During this meeting, XCMG s leaders, leaders from subsidiary as well as overseas distributors exchanged their views of bright future development.