At the 18th "World Brand Conference" held on June 22, Xugong Group Construction Machinery Co., Ltd. (hereinafter referred to as "Xugong Co., Ltd.") took home the "my country's 500 Most Valuable Brand Certificate", and "Xugong" scored 923.97. The brand value of 100 million yuan ranks 64th on the list, and has been ranked first in my country's construction machinery industry for 8 consecutive years.
As an enterprise with red roots and red genes, XCMG's predecessor was the Eighth Route Army Lunan Eighth Arsenal established during the Anti-Japanese War. In the 78 years of development, the company has experienced multiple historical stages of the party and the country’s innovation, construction, transformation, and revival. A series of actions such as the mixed reform of state-owned enterprises and technological innovations continue to activate the system mechanism, break the central skills of the "big country heavy weapon", and assume the responsibility of leading the development of the high-end equipment manufacturing industry in the reform and innovation, and competing for the right to speak of the world's construction machinery.
According to the “Three Steps to the Summit of Mount Everest” action plan formulated at the XCMG Everest Summit Meeting, the company has made it clear that the main business of construction machinery has entered the top three in the world, completed the summit of the global industrial Mount Everest, and become a world-class enterprise. Long-term policy. Now, the first two steps of the "three steps to the summit of Mount Everest" have been successfully completed, and we are making every effort to sprint the summit policy of climbing the "Mount Everest" of the world construction machinery industry in 2035.
In the archives of XCMG, mines, larings, grenades and mortar shells of different materials and shapes are quietly collected. Looking at these "credentials" that witnessed past history, Wang Min, chairman and party secretary of XCMG Construction Machinery Co., Ltd. and XCMG Construction Machinery Co., Ltd. (hereinafter referred to as "Xugong Machinery", 000425.SZ) informed the "my country Business News" Reporter: "The red gene flowing in the blood of XU Workers is doomed to our original intention to be loyal to the party and win glory for the country. For 78 years, we have had no distractions and strongholds, and we have always carried the great responsibility of my country's construction machinery development and shouldered the responsibility of the nation. Equipped with the glorious mission of the revival of the manufacturing industry."
Red Gene Reinforces the Foundation and Stands the Root
A few farmhouses, a few hammer files, a small craftsman stove, a small hand-operated drill press and a small four-horsepower diesel engine are almost all of XCMG’s aspirations.
In March 1943, XCMG's predecessor Lunan Eighth Arms Factory was reorganized and established on the basis of Huaxing Iron Factory, Dadian Town, Junan County, Shandong Province. After 7 times toss and turns, the Lunan Eighth Arsenal, which has experienced swords and swords, was finally relocated to Xuzhou, Jiangsu in 1953, and entered a new stage of development along with the tide of construction in the new my country.
And from the mountain village that sprouted in the hinterland of the Yimeng Mountain Innovation Base in Lunan, to the town of Xuzhou in northern Jiangsu, from the Eighth Route Army's Lunan Eighth Arsenal, which experienced anti-Japanese warfare, to the large-scale enterprise group carrying the heavy equipment of construction machinery. , XCMG, with the red gene passed down from generation to generation, ended the overtaking over and over again and again.
In the course of 78 years of development, XCMG has become a large-scale, 100-billion-level leading enterprise in my country's construction machinery industry, with complete product varieties and series. It has continuously broken the monopoly of a few industrially developed countries through technological innovation, and has completed the same type of foreign enterprise. Catch up.
The reporter found out that XCMG had invented many domestic and even world top results such as "Shenzhou No. 1 Digging" and "Global No. 1 Hanging". For example, from the birth of my country’s first truck crane and steam roller to the world’s top 4000-ton crawler crane, 1600-ton all-terrain crane, and my country’s largest 700-ton mining excavator, the world’s first-time use People cluster road machinery, XCMG is leading my country's independent brand equipment manufacturing enterprises to complete the rapid rise and step-by-step improvement of comprehensive strength.
Statistics show that in the first quarter of this year, the company showed an outstanding momentum of booming production and sales and a significant increase in profitability, and achieved a good start in the first quarter. During the period, the production and sales of mainframes were 57,900 units and 58,200 units, an increase of 78.0% and 83.1% respectively year-on-year; the completed operating income was 33.61 billion yuan and the net profit was 2.58 billion yuan, an increase of 82.0% and 237.9% year-on-year, respectively.
"XCMG is a company with a strong roots and red genes. Adhering to the leadership of the party is an uninterrupted tradition of honor. I have always said that our greatest advantage is political advantage, with a glorious tradition of innovation and pure red genes. "Wang Min told reporters that the original intentions and national missions of Xuzhou workers have been passed down from generation to generation, and they have become a strong pillar of energy for all Xugong workers.
XCMG can continue to develop and grow, what benefits does it benefit from? Wang Min stated: "Now I also tell many people: benefit from the leadership of the party, benefit from good policies, good environment, good systems, and good mechanisms, and benefit from the hardships of generations of XCMG workers. The high spirit of fighting is due to the inheritance of this red gene of never admitting defeat, loyal to the party, and winning glory for the country."
It is understood that in the process of enterprise development, XCMG's innate red gene has gradually been internalized into a "rib" of hard work and never admit defeat. "What I understand is that one thing is done well in a lifetime. You must be persevering, have no distractions, and endure loneliness, so that you can do your work, and you can do it well." Wang Min noted, but " "A rib" is not without innovation, not without strategy, especially when the real economy and manufacturing industry are very difficult, when the market is not good, and when the company encounters many difficulties, this kind of energy is needed to support it. .
Change is a spear, innovation and a shield
Red Gene demand continues to be inherited and carried forward, transcending the need for continuous change and innovation.
As a municipal state-owned enterprise in Xuzhou City, Jiangsu Province, Xuzhou Construction Machinery Group Co., Ltd. (hereinafter referred to as "Xugong Group") was formally established in 1989 in the spring breeze of reform and opening up. Along with the process of reform and opening up, reform and innovation also run through the entire process of enterprise development and growth.
Wang Min stated that XCMG's development experience as a world-class enterprise is based on successfully transforming the responsibilities and tasks of state-owned enterprises into its own policy and vision, and transforming the common advantages of state-owned enterprises into its own economic advantages and central competition. force.
And change means to bring forth the new and get rid of the accumulated disadvantages. Recalling the development process experienced by the enterprise after the reform and opening up, Wang Min concluded: “We have survived the painful period of change from 1999 to 2003 and other stages, and eventually became the first 100 billion-level company in my country’s construction machinery industry. enterprise."
Since the beginning of this year, after the "mixed reform" ended smoothly, XCMG has opened a new process of reform for all listings. On April 20, Xugong Machinery issued an announcement stating that it intends to issue shares to all shareholders of the controlling shareholder Xugong Co., Ltd. to absorb and merge Xugong Co., Ltd.. After the transaction is completed, "XCMG" will take over and inherit all properties, liabilities and all other rights and obligations of the merged XCMG Co., Ltd., and will add high-quality properties of construction machinery such as excavating machinery, tower cranes, concrete machinery and mining machines.
This also means that XCMG will be listed on the market after the completion of this sale, and a "new XCMG" will be born that covers all products of construction machinery.
In fact, XCMG, which came from the gunfire of the War of Resistance Against Japan, is constantly undergoing reforms to give birth to "old state-owned enterprises". On March 16 this year, XCMG Co., Ltd. held the first shareholders meeting after the capital increase and share expansion. The revised articles of association of the new company were unanimously approved, and a new board of directors and board of supervisors were formed. The holding of the shareholders' meeting also marked the smooth end of XCMG's mixed ownership reform, and marked a critical step in the market-oriented reform and achieved substantial results.
It is understood that XCMG Co., Ltd. is an integrated channel focusing on construction machinery assets under XCMG Group. It is also one of the "Double Hundred Enterprises" for state-owned enterprise reforms. It is also one of the first batch of mixed ownership reform pilot enterprises in Jiangsu Province.
On June 24, 2020, the capital increase project involved in the mixed ownership reform of XCMG Co., Ltd. was publicly listed in the Jiangsu Property Rights Exchange. It is planned to collect 15.656 billion yuan from strategic investors and employee shareholding channels for the transformation and upgrading of intelligent production. Industrial development, globalization, mergers and acquisitions, joint ventures, etc.; afterwards, on September 22, XCMG's mixed ownership reform strategic investor signing ceremony was held, and more than 21 billion yuan of foreign capital was introduced.
On the other hand, in order to further undertake the task of "making the manufacturing industry bigger, stronger and better equipped", XCMG is constantly breaking through its independent and controllable high-end central skills. At present, there are more than 7644 useful authorized patents, 1787 invention patents, and more than 530 key center skills, of which more than 30% are at the world's leading level. There are 81 PCT world patents, and the revision of 5 world norms has been successfully completed, and the norms are in their own hands, and they truly have the right to speak of skills and are on the stage of world norm formulation.
According to the introduction, in accordance with the policy of advanced industrial base and modern industrial chain, XCMG has now begun to build an industrial system with complete product varieties, complete supporting systems, and covering the entire value chain of construction machinery. The key center components are mainly based on the company's internal supporting facilities. Relying on two channels of independent development and mergers and acquisitions cooperation, it quickly broke the development and industrialization of key components such as high-end hydraulic valves, new electronically controlled transmission boxes, walking reducers and intelligent controllers. Finished the localized substitution and batch matching of some key imported parts and components.
Wang Min stated that change is the endogenous driving force for XCMG's development and growth. The history of the company's development shows that reform and innovation are the life of the company. The strength of the company comes from reform and innovation. As long as the company continues to change and innovation, talents will continue to be vigorous and invincible. Innovation is XCMG’s most central competitive force. After a comprehensive break in the three major categories of key skills, central parts, and a full range of mainframes, my country’s production has been upgraded to a Chinese invention. XCMG has ushered in a new era of comprehensive independent innovation. .
The world of big country heavy equipment "circle fan"
In the Shaanxi Zichang Fan Hoisting Yard with high and low mountain roads, deep valleys and steep slopes, a 1,600-ton crane specially developed for fan hoisting has smoothly completed the tower hoisting and the docking of impellers and blades. A fan with a height of more than 100 meters is in a short period of time. It can stand on the top of the mountain channel within a few hours.
XCMG, thousands of miles away, is the location of the R&D and production base of this large country's heavy equipment. With the advancement of the domestic "carbon neutrality and carbon peaking" strategy, the development and utilization of wind energy is gradually changing the domestic power structure, and the 1,600-ton crane product is often faced with the situation of "difficult to find a single machine".
On the back of this high-end equipment production product, XCMG has continuously broken the hydraulic system and other key skills. The company’s “high-end products” such as cranes and excavators are also building a new development format in which the domestic big cycle is the main body and the domestic and world double cycles are mutually promoted. They have completed higher-quality development and have entered the world in the “Belt and Road”.
It is understood that in 2020, XCMG's leading products, cranes and excavators, will show a boom in production and sales, and demand exceeds supply. In the meantime, the sales of all crane products have increased significantly, with an export market share of nearly 50%, ranking first in the industry. In November of that year, the XC9350 ultra-large-tonnage electric drive wheel loader, the first in China, rolled off the assembly line. XCMG once again broke the world’s monopoly of ultra-large-tonnage loader technology and became the only one in my country and the third in the world with the production capacity of 35-ton-level ultra-large tonnage loader The company has become one of the world's leaders in super large tonnage loaders.
"Now, many of our research and development results and advanced use skills have reached the world's advanced level, and the independent and controllable hard-core skills are truly in our own hands." The relevant person in charge of XCMG indicated that a thousand-ton wheeled type emerged. Crane elastic hydraulic cylinders and hydraulic cylinders for super-tonnage excavators have increased the matching rate of super-tonnage crane cylinders to 87%; 120-ton and 200-ton mining “four wheels and one belt” have completed localized supporting, breaking the center of my country Parts and components have been constrained by people for a long time.
Globalization is exactly the strategic support for XCMG's development and growth. XCMG now has more than 10 large-scale production bases and global KD factories in Germany, Brazil, the United States, India and Austria, with 3,000 foreign employees, exports to 187 countries and regions, and overseas revenue accounts for 30%. Especially as a pioneer in the broadening of the “Belt and Road”, XCMG products cover 97% of the countries and regions along the “Belt and Road”, and 35 countries have the top export share among them; Hanyun’s channels have now connected more than 800,000 devices, including With nearly 3,000 equipment models, a relatively complete overseas marketing and service spare parts system has been established, covering more than 20 countries and regions along the “Belt and Road”.
Now, my country's construction machinery companies headed by XCMG have leaped into three of the top five in the world. XCMG has led the industry to break the history and competition format of the world's construction machinery industry for a long time dominated by European, American and Japanese companies. It has now become a high-end Equipped with the "national team" produced, it is a powerful competitor of construction machinery in the world.
It is understood that 2021 will be the year of XCMG's "Three Steps to the Top of Mount Everest" strategy. With the acceleration of all listings and the new transformation of the system mechanism, the company will have more resources for the transformation and upgrading of the company's intelligent production, the development of new industries, the expansion of globalization, mergers and acquisitions, joint ventures, and compensation for liquidity, etc., to promote The implementation of the strategic policy.
"As the founder and pioneer of my country's construction machinery industry, we have always carried the great task of my country's construction machinery industry and shouldered the glorious task of revitalizing the national equipment manufacturing industry." Wang Min stated that the future policy is to continue to maintain our country by 2025. At the top of the list, it has entered the world's top two, and in 2035, it will eventually end the "Mount Everest summit" of the global industry.
