From November 9th to 15th, the 2021 (Nineteenth) China Enterprise Competitiveness Annual Conference Week hosted by China Business News and undertaken by China Economic Futures was held as scheduled. After selection by professional selection agencies and online voting, XCMG Machinery won the title of Influential Enterprise of the Year 2021.

This year’s annual conference week brings together 8 major brand forums, online linkage with more than 200 leading companies, covering real estate, finance, automotive, banking, insurance, medical, TMT, energy, new consumption and other industries, and more than 100 domestic key media are invited. Focusing on global economic changes, the road to high-quality development of China’s economy is discussed.

XCMG Construction Machinery Co., Ltd. was established in 1993 and listed on the Shenzhen Stock Exchange in 1996 with a stock code of 000425. It is a leading enterprise with a long history, the most competitive, influential and national strategic position in country’s construction machinery industry. XCMG currently ranks No. 1 in the domestic construction machinery industry and No. 3 in the world. It is the only enterprise among Top 500 Global Brand in this industry in China.

The China Enterprise Competitiveness Annual Conference was founded in 2003 by China Business News. As an authoritative and forward-looking event in the financial sector, over the past 19 years, it has brought together Chinese business think tanks and top entrepreneurs to explore the common development path of China’s economy and enterprises, and has successfully established a platform for the exchange of ideas and wisdom of well-known scholars at home and abroad.

Previously, XCMG Machinery disclosed its three-quarter report. In the third quarter of this year, it achieved operating income of 16.562 billion yuan, an increase of 2.12% year-on-year; net profit attributable to shareholders of listed companies was 806 million yuan, an increase of 116.46% year-on-year. XCMG Machinery is the only company that achieved revenue and net profit growth attributable to its parent in the third quarter of a key enterprise in China’s construction machinery industry.