XCMG's CONEXPO-CON/AGG Opening Marks New Beginning in North America Market

LAS VEGAS, March 9, 2017 /PRNewswire/ -- Global leading construction machinery manufacturer XCMG (SHE: 000425) held a launch ceremony for its all-new, exclusive North American equipment on the first day of CONEXPO-CON/AGG 2017, which is running from March 7-11 in Las Vegas.

The new series includes a 300-ton all-terrain crane, a 70-ton rough-terrain crane, a series of 3.5 to 49-ton excavators, light rollers, wheel loaders, rotary drilling rigs and backhoe loaders, all of which meet Tier 4 emission standards while guaranteeing robust power and stable performance.

"These 14 machines are the fruits of our decade-long research and development efforts," remarked Wang Min, chairman and president of XCMG at the opening ceremony. "We have always adhered to the core value of 'taking great responsibilities, acting with great morals, and making great achievements'."

XCMG's exhibition at CONEXPO-CON/AGG is a new start for the company in North America, where accumulative success has been achieved in technology, research and development, product localization, and market immersion.

Now XCMG engineers and designers from both China and US are working together to develop next generation machinery equipment for the North American market with emphasis on advanced technology and durability.

The XCA300U is currently the most intelligent and strong powered 6WD all-terrain crane on the market. Its seven-section 80-meter boom and 36-meter jib provides a lifting height of 112 meters; free changeover of 3WD/4WD is also available. While offering a maximum travel speed of 90 km/h (56 miles/h) and grade ability at 52 percent, the crane's intelligent boom technology also simplifies operation procedures and reduces operation difficulty to improve handling and control. Meanwhile, the overall operation efficiency of truck crane XCT40U is ten percent higher than the industry average by applying five-section boom.

"XCMG's philosophy of 'internationalization, leaning, upgrading and sustainable development' encourages us to create customized products, provide timely service and contribute to infrastructure construction on a global scale," noted Wang.

About XCMG

XCMG is a multinational heavy machinery manufacturing company with a 74-year history. It currently ranks ninth in the global construction machinery industry. The company exports to more than 177 countries and regions around the world.

For more information, please visit: www.xcmg.com, or XCMG's pages on Facebook, Twitter, YouTube, LinkedIn and Instagram.

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