Yang Dongsheng visits Uzbekistan and the United Arab Emirates with Xuzhou delegation

As a world-class advanced manufacturing cluster chain leader enterprise focused on the construction of the province's "1650" modernization system and the "No. 1 industry" of engineering machinery in Xuzhou's "343" innovation cluster, the friendly visit of the Xuzhou delegation is also an important practice for XCMG to deepen international cooperation and seek common development. This trip reached a series of cooperation consensus, facilitated the signing of a number of projects, and achieved fruitful results.

In January and July this year, the heads of state of China and Uzbekistan met twice, drawing a new blueprint for promoting the development of the all-weather comprehensive strategic partnership between China and Uzbekistan in the new era and building a community of shared future between China and Uzbekistan. As early as 2014, the XCMG Uzbekistan joint venture was established under the "Belt and Road Initiative", which is also the first manufacturing base of XCMG Group in Central Asia.

During the visit, the tenth anniversary celebration of the XCMG-Uzbekistan joint venture was held. It is reported that the joint venture has delivered more than thousands of equipment to the local market, which not only witnessed the strong competitiveness of XCMG Group in the international market, but also deeply reflected the deep foundation and broad prospects of economic and trade cooperation between China and Uzbekistan.

In addition, Yang Dongsheng and his party visited local major customers, signed cooperation agreements, and attended the ceremony to promote the signing of a friendly exchange city relationship agreement between Xuzhou and relevant cities in Samarkand Province.

The United Arab Emirates is one of the important countries in the joint construction of the "Belt and Road" and officially joined the BRICS cooperation mechanism in January this year. This year is the 27th year that XCMG has been rooted in the UAE. XCMG seizes the major opportunity of the joint construction of the "Belt and Road" and brings new opportunities for further expansion and deepening cooperation in the UAE.

During the visit to the UAE, the signing ceremony of XCMG's UAE distributors and Sakfarkan Company and the opening of the 4S store were grandly held, and the first batch of tens of millions of yuan orders were signed on the spot.

During the visit, XCMG's first overseas value-added business center was officially established in Abu Dhabi, UAE, focusing on the second-hand machine recycling business.

Yang Dongsheng emphasized that the aftermarket is our gold mine and silver mine. Through the establishment of a domestic and foreign dual circulation system, vigorously carry out the trade-in of second-hand equipment and circulate it in overseas markets, which is in line with the development direction of my country's green and low-carbon circular economy.

The establishment of the UAE Value-added Business Center is an effective way to achieve the reuse of resources and value re-creation in the domestic industrial chain. We look forward to contributing more to the realization of sustainable development goals!

During their stay in the UAE, Yang Dongsheng and his party also visited important local customers to gain an in-depth understanding of market demand and business environment, laying a solid foundation for XCMG to expand the UAE market.

Engineering technology leads, equipment for a better future. With the successful conclusion of the trip to Uzbekistan and the UAE, XCMG's internationalization journey has opened a new page. In the wave of globalization, XCMG Group is determined to develop towards the goal of internationalization with a more open attitude and a more determined pace, actively participate in the high-quality joint construction of the "Belt and Road", and work together to achieve mutual benefit and win-win cooperation, writing a new chapter in the overseas development of China's equipment manufacturing industry.