- XCMG Releases 2021 CSR Report and Underlines Its Commitment to the UN Sustainable Development Goals to Build a Better World with Green Construction

XUZHOU, China, Oct. 22, 2022 /PRNewswire/ -- XCMG (SHE:000425) recently released its 2021 Corporate Social Responsibility (CSR) Report, highlighting its achievements in innovation, digital transformation, development sustainability and corporate social responsibility. On the occasion of United Nations Day 2022, XCMG has underlined its commitment to the UN Sustainable Development Goals (SDGs) and building a better future for all through innovative green construction.

XCMG has tackled 337 key technologies in 2021 and is a pioneer in developing green, energy-saving, intelligent and reliable technologies for high-end markets. It has launched a line of new energy products including hybrid and electric models, as well as green building technologies to drive the transformation of the low-carbon construction machinery industry.

"We have established a sustainable development ecosystem with its upstream and downstream business partners, forming alliances of strategy, talent, pandemic prevention/control, and public welfare to promote cooperation in various fields, and drive the positive development of the entire industrial chain, from suppliers, channel partners to end users and the industry structure," said Lu Chuan, President and CEO of XCMG.

XCMG's innovative actions not only provide more comprehensive and accessible support to global customers, but also reduce the company's carbon footprint through measures such as implementing a paperless spare parts information service and use of environmentally friendly packaging materials.

XCMG's CSR initiative "Help with Love" is a fundamental part of XCMG that assumes its social responsibilities and promotes sustainable development in the fields of supporting global infrastructure, promoting local employment, rescue/reconstruction in case of catastrophe and crisis, and education and welfare, through the protection of rights and interests, environmental conservation, public welfare, and targeted poverty alleviation.

In Africa, XCMG has carried out the water cellar project to provide access to clean water in several countries, including the donation and construction of 20 water purification systems for 20 public schools in Addis Ababa, Ethiopia. The project aligns with the goals of SDG 6 to guarantee clean water and sanitation for all and benefit more people in need.

"Social responsibility has always been a key part of XCMG's corporate strategy and roadmap, leveraging our social capabilities and influences, XCMG is fully committed to fulfilling our promise and contributing to social progress with the goal of making the world a better place." better place," Lu said.

For more information, visit XCMG.

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