Oct 19, 2021 07:56 PM (GMT+8) · EqualOcean
Financial Associated Press, October 19 - XCMG machinery announced that according to the company's "14th five year plan" strategic plan, internationalization has risen to the company's main strategy, and breaking through the European and American markets is the focus of the company's internationalization. In order to accelerate the establishment of a localized "research, production, supply and marketing finance" system, quickly integrate and form XCMG's North American market development ability, the company plans to invest US $99 million to establish XCMG America and its subsidiaries.