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Company Profile of Xiamen Xiamen Machinery Co., Ltd.

Xiamen Xiamen Engineering Machinery Co., Ltd. was founded in 1951 with a registered capital of 799 million yuan and total assets of approximately 10.6 billion yuan. In December 1993, it was restructured from Xiamen Engineering Machinery Factory into a listed company (stock code 600815), is a key large-scale first-class enterprise in the country that produces loaders, excavators and other engineering machinery products. XCMG has more than 6,000 employees, including more than 1,000 professional and technical personnel, and more than 20 employees have a college degree or above. XCMG will have an annual production capacity of 40,000 loaders, 15,000 excavators, 5,000 forklifts, and 3,000 road machinery, becoming one of the largest engineering machinery manufacturing bases in China today. XCMG's products are efficient, energy-saving, flexible and reliable, covering eight categories including loaders, excavators, forklifts, small machinery, road machinery, environmental protection machinery, piling machinery and concrete machinery, forming a complete product series that is widely used in mining , engineering, agriculture, forestry and water conservancy construction, ports and terminals and other fields. XCMG is the designated supplier of the General Armaments Department, the General Logistics Department, the Armed Police Corps, the troops stationed in Hong Kong and Macao, and the peacekeeping forces of the Chinese People's Liberation Army. It is the only designated brand for China's polar scientific expedition. In 2012, XCMG ranked 66th in the "China's 500 Most Valuable Brands" with a brand value of "17.698 billion yuan", continuing to lead the development of brands in China's construction machinery industry. XCMG has a national technology center (the first batch of national technology centers in Fujian Province in 1995), an enterprise postdoctoral workstation (the first batch of enterprise postdoctoral workstations in the country in 2001), and an academician and expert workstation of Fujian Province. The technology center’s talent strength, software and hardware conditions, R&D capabilities and R&D results are among the best in the country. According to the 2009 evaluation results of 575 enterprise technology centers across the country organized by the National Development and Reform Commission, XCMG Technology Center ranked 105th, second in the construction machinery industry, second in Fujian Province, and first in Xiamen City. XCMG attaches great importance to the training of employees and actively advocates the creation of a learning enterprise. Establish a knowledge management system to collect and organize internal knowledge of the enterprise according to the principles of centralized management and segmented responsibilities, modularize explicit knowledge and document tacit knowledge, turning individual wisdom into collective wisdom. And through the information platform, all knowledge can be shared and passed on. Millions of dollars are invested in education and training every year, and the annual training plan completion rate is over 95%. The company's vocational skills appraisal station is the only skill appraisal station in Xiamen's machinery industry. It is a pilot unit for identifying high-skilled talents in Fujian Province and has established internship bases with more than a dozen colleges and universities. Won the title of "Advanced Unit for Vocational Skills Training Appraisal in 2005" in Xiamen City. In 2008, it also won the titles of "National High-Skilled Talent Training Demonstration Base" and "Fujian Province Senior Technician Training Base" issued by the Ministry of Human Resources and Social Security. In 2009, XCMG won the title of “National Advanced Unit for Staff Education and Vocational Training”. National, provincial and municipal labor models, "technical champions" and "technical experts" have emerged. The technology center currently has more than 400 professional R&D personnel, including 4 doctors, 35 masters, 2 professor-level senior engineers, and 40 senior engineers. It has a strong talent base. It has developed China's first wheel loader, wheel loader, etc. Breakthrough achievements include bulldozers, mid-wheelbase loaders, off-road forklifts and natural gas loaders.

For more than 60 years, XCMG has dared to go beyond and made unremitting efforts. It has always been committed to actively participating in China's major engineering projects and assisting the development of national scientific expeditions. It is rooted in China and looks to the world. It helps customers create value with high-quality products and services, and has won the Recognized by the industry and leaders, it has won many honors: from 2010 to 2011, it was selected as "China's 500 Most Valuable Brands" for two consecutive years; the "Xiamen Engineering and Tu" trademark has successively won the "Fujian Province Famous Trademark" and "China's Well-known Trademark" "; "Top 100 Enterprises" and "Top Ten Manufacturing Enterprises in Xiamen in 2010"; in 2011, the Xiamen Municipal People's Government awarded it "Top Ten Industrial Enterprises in Xiamen in 2010"; China Machinery Industry Federation awarded it "National Civilized Unit in the Machinery Industry", "Equipment "China's Meritorious Enterprise", "Top 100 Enterprises in China's Machinery Industry in 2010"; Fujian Provincial Quality Award, the Organizing Committee of the Global Construction Machinery Industry Conference and Top 50 Summit and China Engineering Machinery Magazine jointly awarded it "Top 50 Chinese Construction Machinery Manufacturers in 2011" ", "Top 50 Global Construction Machinery Manufacturers" and other honors.