Xinhuanet, Nanjing, September 22 (Reporter Zheng Shengzhu) On the 22nd, the signing ceremony of strategic investors for the mixed ownership reform of XCMG Construction Machinery Co., Ltd. was held in Nanjing, Jiangsu.
Xuzhou Construction Machinery Group Co., Ltd. and 3 state-owned holding companies successfully signed equity transfer agreements totaling 5.4 billion yuan, and Xugong Group Construction Machinery Co., Ltd. successfully signed a total capital increase of 15.656 billion yuan with 12 strategic investors and employee shareholding platforms. Agreement, which marked XCMG's solid step towards mixed reform.
It is understood that the capital increase project involved in the mixed reform of Xugong Group Construction Machinery Co., Ltd. was publicly listed on the Jiangsu Provincial Equity Exchange on June 24, 2020, and was delisted on August 20. In the end, a total of 14 strategic investors signed up for delisting. The corresponding subscription amount far exceeds the planned funds raised.
According to reports, Xuzhou Xugong Jinfan leads the corporate management consulting partnership as an employee shareholding platform. This capital increase project used 2.7% of the shares as employee shareholding, and the targets were business managers and R&D technicians who signed labor contracts with the company. And marketing backbone.
In May 2020, in the "Top 50 Global Construction Machinery Manufacturers 2020" announced by international organizations, XCMG ranked fourth in the world, ranked first among Chinese-funded enterprises, and successfully ranked first in the world.
Xugong Group Construction Machinery Co., Ltd., a wholly-owned subsidiary of Xugong Group, is a leading construction machinery enterprise in my country with extremely competitive, influential and national strategic status.
In recent years, XCMG has adhered to the "three high and one large" technological innovation strategy of high technology content, high added value, high reliability, and large tonnage, and has taken the lead in the industry to put forward the product concept of "leading technology and not being used".
At present, it has more than 7,000 valid authorized patents, more than 1,700 invention patents, and 75 PCT international patents. It has been awarded 5 single champion enterprises and products in the manufacturing industry by the Ministry of Industry and Information Technology, and has successfully completed the formulation and revision of 4 international standards.
The "XCMG Han Cloud Industrial Internet Platform" independently developed by XCMG ranks among the top three in the industry.
"This is another reform with far-reaching influence and great significance since the establishment of the group in 1989, and it is also a major opportunity." According to Wang Min, Chairman and Party Secretary of Xugong Construction Machinery Co., Ltd., who continues to promote the mixed reform, The successful signing of this capital increase agreement introduces high-quality strategic investors with strategic synergy and financial strength, and works together to make the equipment manufacturing industry stronger, stronger, and larger. This will give this 77-year-old company new market vitality, Competitive vitality, mechanism vitality and youth vitality.
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