XCMG Machinery: Our overseas business has a global layout and strong international expansion capabil
Created Date: 26th Aug 2024
On August 20th, XCMG Machinery (000425. SZ) announced on the investor interaction platform, 'Hello!'! XCMG Machinery's overseas business has a global layout and strong international expansion capabilities, with a marketing network covering more than 190 countries and regions worldwide. The main export regions currently include Southeast Asia, Central Asia, Africa, South America, Europe, North America, West Asia and North Africa, Central America, Oceania, etc. The company's internationalization revenue will account for 40% in 2023 and 44% in the first quarter of 2024. The company expects that the export market will continue to maintain a good trend, and international revenue will continue to grow well. At present, the sales revenue in the European and American regions accounts for about 10% of the company's overall export revenue.