XCMG Group Won the Highest Medal of Honor for Brazil-China Friendship

Recently, the award ceremony of "Brazil-China Friendship Meritorious Enterprise" was grandly held in the Brazilian House of Representatives. The sponsor of the event specially awarded the 20th anniversary medal of honor. The award was jointly announced by the Brazilian Senate, the "Brasil-China Alliance" of the House of Representatives and the "BRICS Alliance” of the House of Representatives, aiming at strengthening the social, cultural and economic integration between China and Brazil.

XCMG Group, XCMG Brazil and XCMG Bank of Brazil were rewarded with "Eternal Guardian of Brazil-China Integration".

Since XCMG invested in the first overseas wholly-owned manufacturing base in Brazil in 2012, XCMG Brazil has been consolidating its localization and continuously improving its innovation, product competitiveness and brand influence. It gradually established a management culture, production system and sales network that fit the local situation. It has become a shining business card of Chinese manufacturing in South America, an important force to promote the economic and trade development between China and Brazil.

In July 2020, the world's first Chinese manufacturing enterprise bank, the XCMG Bank of Brazil, was officially approved for operation, opening a new chapter of XCMG's international finance. In more than two years, the accumulated credit has exceeded R $500 million. It provides customized financial products and services to meet the diversified needs of customers, and constantly wins the trust of customers.

In recent years, XCMG Brazil and XCMG Bank of Brazil have served Brazil, making outstanding contributions to promoting local talent employment and economic development.

Among them, XCMG Brazil Manufacturing Co., Ltd. has grown its business scale by 17 times, 96% employees are local.  Now it has become one of the most important and trusted equipment suppliers in South America, opening a new chapter of development.

Relying on XCMG's global R&D platform, XCMG Brazil studies the user habits and special needs of local customers in South America. It has successfully launched dozens of BR series products that adapt to the Brazilian market standards and user habits. Now it offers more than 100 types of construction machinery products for customers to choose from. While providing product solutions for the construction and sustainable development of South America, it also brings greater services to customers.

Relying on advanced product technology, complete mining equipment solutions and comprehensive after-sales service, XCMG Brazil has formed strategic cooperation with Vale, the world mining giant, to customize mining equipment for customers.

For booming wind power industry, XCMG Brazil has launched a number of super-large tonnage lifting equipment including 650t all-terrain crane, the largest tonnage in South America, which once again demonstrates XCMG's comprehensive technical strength of independent innovation.

XCMG Brazil has launched the public welfare program: "Help with Love", and become an influential Chinese brand in Brazil. When Brazil suffered from floods, more than 100 XCMG equipment stepped forward to the frontline. XCMG Brazil·launched the "joint partnership plan" with Vale, and helped a total of 547 local people. It also entered many schools and welfare institutions in Brazil, lighting up small wishes one by one.

In order to better support local social welfare, XCMG Brazil has made donations to local governments, schools and welfare institutions for social care. A series of public welfare activities have won the high recognition of the Brazilian government, all sectors of society and customers.