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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  XCMG Construction Machinery Co., Ltd.    000425   CNE000000FH0

XCMG CONSTRUCTION MACHINERY CO., LTD.

(000425)
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XCMG Construction Machinery : to Take Part in bauma China 2020 with the Largest Outdoor Exhibition

11/20/2020 | 05:48am EST

SHANGHAI, Nov. 20, 2020 /CNW/ -- XCMG (000425.SZ) is set to join the 2020 bauma China with a full exhibition lineup of 120 construction equipment products, 65 sets of parts and components as well as demonstrations of the company's latest technologies.

XCMG to Take Part in bauma China 2020 with the Largest Outdoor Exhibition

The international trade fair for construction machinery, building material machines, mining machines and construction vehicles will be hosted from November 24 to 27 in Shanghai New International Expo Centre (SNIEC). XCMG will be at booth A.24-B.32 for outdoor exhibition and W3.100-W3.811 for indoor exhibition with a total exhibition area of 8,878 square meters (95,562 square feet). XCMG will also be livestreaming in English, Russian, Arabia, French and Chinese throughout http://live.global-ce.com/baumachina2020xcmg/.

As a leading Chinese construction machinery manufacturer and among the top five enterprises in the global market, XCMG will introduce its new brand slogan of "Dream Up, Build Better" at the event.

The largest outdoor exhibitor will take center stage with the world's largest-scale integrated construction solution covering major sectors of hoisting, port, earthwork, mining, road and piling machineries; application of information technologies; as well as the unveiling of mining and emergency rescue product sets; and the release of new cranes, excavators and loaders for the overseas market.

"This exhibition will be showcasing the best and strongest of XCMG. To take lead in the ever-competitive market, XCMG must be consistent and persistent in quality and innovation; and remain at the forefront of technological development," said Wang Min, Chairman of XCMG.

XCMG will highlight a series of new intelligent products and technologies, including the unmanned excavator, XE335DK; intelligent excavator with voice recognition, XE215G; the world's first all-terrain crane with remote intelligent control, XCA260; and more.

Following the market trends of new energy, XCMG will exhibit electric loaders XC918EV and XC958EV, and the world's first hybrid truck crane, XCT25EV, among other clean power products.

Highlights of XCMG's presentation on opening day include:

  • the official launch of X-GSS, XCMG's global digital spare parts service information system;
  • the release of the 5G intelligent cabin by XCMG Road Machinery;
  • the official release of the super-tonnage loader XC9350;
  • delivery ceremony of 10 XCA1600 all-terrain cranes;
  • large-scale joint construction demonstration.

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

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View original content to download multimedia:http://www.prnewswire.com/news-releases/xcmg-to-take-part-in-bauma-china-2020-with-the-largest-outdoor-exhibition-301177940.html

SOURCE XCMG

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2020 68 887 M 10 633 M 10 633 M
Net income 2020 3 788 M 585 M 585 M
Net cash 2020 8 802 M 1 359 M 1 359 M
P/E ratio 2020 12,1x
Yield 2020 1,06%
Capitalization 45 592 M 7 056 M 7 037 M
EV / Sales 2020 0,53x
EV / Sales 2021 0,49x
Nbr of Employees -
Free-Float 49,6%
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Mean consensus BUY
Number of Analysts 9
Average target price 6,70 CNY
Last Close Price 5,82 CNY
Spread / Highest target 44,3%
Spread / Average Target 15,1%
Spread / Lowest Target -9,79%
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Managers and Directors
NameTitle
Chuan Lu President & Director
Min Wang Chairman
Ge Li Chairman-Supervisory Board
Jiang Long Wu Chief Financial Officer, Director & Vice President
Shou Hang Zhang Member-Supervisory Board
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