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FORTUNE ANNOUNCED FORTUNE CHINA 500 RANKINGS, SERES HAD THE BIGGEST LEAP IN 2025 RANKINGS DRIVEN BY AITO BRAND GROWTH

SERES fastest-rising company of Fortune China 2025, outpacing peers in China’s competitive NEV market.

CHONGQING, China, Aug. 1, 2025 /PRNewswire/ — SERES has emerged as this year’s biggest mover on the 2025 Fortune China 500 list, vaulting to 169th place, a jump of 235 spots from last year’s 404th position. This dramatic rise underscores SERES’ rapid growth in the highly competitive new energy vehicle (NEV) market. In 2024, SERES’ revenue surged to RMB 145.2 billion (approx. US$20.2 billion), up 305% year on year, while net profit attributable to shareholders reached RMB 5.95 billion. The company’s annual NEV sales reached 420,000 units, an increase of more than 182%, driving its gross profit margin for the NEV business to 26.21%—a new record high.

Fortune highlighted that amid rapid NEV sector growth and intensifying competition, SERES’ success was driven by its close collaboration with partners, enabling continuous product innovation and operational excellence.

AITO Brand Fuels Growth

AITO, the luxury NEV brand founded in 2021, has been a core growth driver. In just 40 months, AITO achieved over 700,000 cumulative deliveries, setting a new record for delivery speed among luxury NEV brands in China including over 200,000 units delivered of the flagship model AITO M9 and deliveries of the recently launched AITO M8 already surpassing 40,000 units. In addition, the new AITO M7 series has maintained its position as the top-selling model in the highly competitive RMB 300,000 (approx. US$42,000) segment from 2024 to the present, setting a new record for Chinese luxury new energy brands.

These milestones demonstrate the brand’s ability to deliver advanced intelligent luxury experiences while accelerating its expansion in both domestic and overseas markets. With its strong manufacturing capabilities, deep collaboration on intelligent vehicle technologies, and a growing product portfolio, SERES is well-positioned to further strengthen its leadership in China’s NEV market and make significant strides globally.

 

PotisEdge Secures Fifth Consecutive BNEF Tier 1 Ranking in Q3 2025

VANCOUVER, BC, Aug. 1, 2025 /PRNewswire/ — Bloomberg New Energy Finance (BNEF), a globally renowned research institution for the new energy industry, released its BNEF Energy Storage Tier 1 List 3Q 2025 today. PotisEdge has once again been recognized as a Tier 1 Energy Storage Manufacturer, marking its fifth consecutive recognition by BNEF. This continued recognition reflects PotisEdge’s sustainable innovation, global performance, and industry leadership in energy storage field.

PotisEdge BNEF Tier 1 Again
PotisEdge BNEF Tier 1 Again

As an authoritative third-party research and data organization in the global new energy sector, BNEF has established a transparent evaluation framework through its rigorous supplier rating system. Its Tier 1 methodology is based on a rigorous evaluation of the project bankability, encompassing criteria such as technological innovation, market performance, financial stability, and project delivery capabilities.

PotisEdge BNEF Tier 1 List
PotisEdge BNEF Tier 1 List

A Proven Leader in Sustainable Energy Storage

This landmark achievement not only secures PotisEdge’s leadership position in the energy storage industry, but also underscores its commitment in delivering high-performance, scalable, and bankable energy storage solutions across residential, commercial & industrial (C&I), and utility-scale sectors. With systems actively deployed in Europe, Australia and the Americas, PotisEdge is enabling critical decarbonization and grid modernization efforts across diverse environments. Being listed reinforces not only product reliability but also the confidence that financial institutions and global developers place in PotisEdge solutions.

Powering the Sustainable Edge

As the global energy transition accelerates, PotisEdge is deepening its competitive edge through continuous innovation, localized service models, and global supply chain integration. The company remains committed to its mission of powering the sustainable edge—delivering energy systems that are not only intelligent and integrated, but also accessible, reliable, bankable and future-ready.

About PotisEdge:

PotisEdge, headquartered in Vancouver, Canada, is a globally recognized leader in energy storage system (ESS) integration, ranked as a Tier 1 ESS provider by BloombergNEF and a Global TOP3 ESS Integrator by InfoLink in 2024. With over 13 years expertise in the ESS industry, PotisEdge combines patented 5S technologies (BMS, ICCS, EMS, TMS, PCS) and automotive-grade manufacturing standards to deliver high-performance, sustainable solutions.

PotisEdge maintains wholly-owned subsidiaries across Sweden, the U.S., Australia, Singapore, and Hong Kong, with manufacturing bases located in Suzhou, China and Atlanta, the U.S.. It currently operates 31GWh of production capacity, targeting expansion to over 100GWh by 2028. PotisEdge combines cutting-edge innovation, operational excellence, and financial stability to serve C&I and utility-scale clients worldwide.

Media Contact: mktglobal@ipotisedge.com 

MDJM Signs Design Collaboration Agreement with Kengo Kuma and Associates for Fernie Castle Redevelopment Project to Enhance Cultural Exchange and Long-Term Value Creation

LETHAM, Scotland, Aug. 1, 2025 /PRNewswire/ — MDJM LTD (Nasdaq: UOKA) (the “Company” or “MDJM”), an integrated global culture-driven asset management company, today announced that its wholly owned subsidiary, MD Local Global Limited, had entered into a design collaboration agreement with Kengo Kuma and Associates (“KKAA”) for the renovation and landscape planning of the Fernie Castle cultural destination project in Scotland. This collaboration represents a strategic step toward enhancing both the cultural value and long-term commercial potential of Fernie Castle as part of MDJM’s broader strategy to transform the site into a multi-functional cultural landmark.

KKAA is an internationally recognized architectural firm known for integrating traditional aesthetics with modern design, with projects in more than 50 countries across cultural, educational, and public sectors. Notable recent works include the UCCA Clay Museum in Yixing, China, and the Centro de Arte Moderna Gulbenkian in Lisbon, Portugal. KKAA’s founder, Kengo Kuma, established the firm in 1990 and is a University Professor and Professor Emeritus at the University of Tokyo. His work, honored with the 2025 Louis I. Kahn Award, is celebrated for creating innovative relationships between nature, technology, and human experience.

Under the agreement, KKAA will provide comprehensive architectural and landscape design services for the Fernie Castle site. The redevelopment plan includes the creation of an Oriental-style garden and the planned development of an animation and art museum inspired by models such as Japan’s Ghibli Museum. The museum is expected to collaborate with leading European animation studios to produce works based on classical Eastern literature, with the objective of promoting Eastern cultural values and philosophical themes to audiences in the UK and other parts of Europe. This project seeks to combine the cultural heritage of Fernie Castle with Eastern aesthetics, creating a distinctive venue that integrates heritage preservation, immersive cultural programs, and innovative design. By engaging KKAA, MDJM aims to ensure high-quality planning and execution for a destination that blends architecture, art, and cultural exchange.

“Our collaboration with KKAA marks an important step forward for the Fernie Castle redevelopment,” said Mr. Siping Xu, Chairman and Chief Executive Officer of MDJM. “With KKAA’s expertise, we are confident that this project will evolve into a one-of-a-kind cultural and artistic destination that sets a new benchmark for combining Eastern aesthetics and Western heritage. This partnership underscores our vision of creating cultural properties that foster global cultural exchange while generating long-term value for our shareholders.”

About MDJM LTD

MDJM LTD is a global culture-driven asset management company focused on transforming historical properties into cultural hubs that integrate modern digital technology with rich historical value. The Company has been expanding its operations in the UK, where it is developing projects such as Fernie Castle in Scotland and the Robin Hill Property in England. These properties are being remodeled into multi-functional cultural venues that will feature fine dining, hospitality services, art exhibitions, and cultural exchange events. As part of its broader strategy, MDJM seeks to position itself as a hub for artisan exchanges, art shows, and sales, leveraging its historical properties as platforms for promoting Eastern and Western cultural exchanges. This initiative reflects the Company’s commitment to furthering its global market expansion and enhancing its cultural business footprint. For more information regarding the Company, please visit https://www.ir-uoka.com/.

Forward-Looking Statements

This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact:

Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com

Bybit Introduces Global Credit Incentive for TradFi Platform Adoption

DUBAI, UAE, Aug. 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching a global campaign to accelerate adoption of its newly enhanced Bybit TradFi* platform. Previously known as Gold & FX, the revamped service enables users to trade traditional financial instruments such as gold, forex, stock CFDs, commodities, and indices — all seamlessly integrated within the Bybit app and MT5 platform.

Since its soft launch, Bybit TradFi has seen exceptional early engagement. To build on this momentum, Bybit is offering up to 1,100 USDT in credit per eligible user as part of a that is now live and running through September 30, 2025. The promotion is available to users who have not previously opened a TradFi account. To qualify, participants must complete Identity Verification Level 2 and receive confirmation via email or push notification that their credit eligibility is active. Only deposits or internal transfers made after this confirmation will be counted toward credit allocation.

Credits distributed through the campaign can be used exclusively to trade TradFi products. Any profits earned using the credit are fully withdrawable. However, any withdrawal or internal transfer of the original deposit will result in a proportional reduction of the credited amount, based on the ratio between the withdrawn amount and the user’s net deposit.

The campaign is subject to an overall reward pool limit and may conclude early once fully allocated. The promotion is not open to institutional users, Market Makers, or residents of restricted jurisdictions, including the United States, United Kingdom, European Economic Area (EEA), India, Singapore, and others as outlined in Bybit’s compliance policy.

Full campaign details and terms are available via the official Bybit’s Help Center or Learn Portal.

*Bybit TradFi is powered by Infra Capital (Mauritius FSC licensed).

#Bybit / #TheCryptoArk / #BybitTradFi

Bybit Introduces Global Credit Incentive for TradFi Platform Adoption
Bybit Introduces Global Credit Incentive for TradFi Platform Adoption

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

Reallusion Celebrates 25 Years of 3D Innovation and AI Acceleration: Empowering Creators for a New Era of Real-Time Storytelling

SAN JOSE, Calif., Aug. 1, 2025 /PRNewswire/ — Reallusion proudly marks its 25th anniversary with a transformative leap into the future of animation, launching a wave of new innovations and policies that empower creators like never before. From pioneering 3D animation to leading AI-enhanced storytelling, Reallusion has spent the past quarter-century redefining how artists and studios bring stories to life—and the next chapter is unfolding at lightning speed.

Reallusion proudly marks its 25th anniversary with a transformative leap into the future of animation, launching a wave of new innovations and policies that empower creators like never before.
Reallusion proudly marks its 25th anniversary with a transformative leap into the future of animation, launching a wave of new innovations and policies that empower creators like never before.

3D Innovation to AI Acceleration

Since its founding, Reallusion has helped millions of creators animate faster, design smarter, and push the boundaries of real-time 3D. Now, the company is ushering in a new era of AI-accelerated animation—seamlessly blending its robust real-time tools like iClone and Character Creator with enhanced AI rendering, search, and storytelling capabilities.

“Our commitment to creators has always been rooted in giving them the power to move fast and tell stories with precision and heart,” said John Martin II, VP of Marketing at Reallusion. “The future is AI integrating into deep layers of our pipeline—from scene control and camera animation to character casting and deep asset search. We’re not just evolving—we’re giving every artist the force of a full studio, accelerated by AI, and guided by human creativity.”

New Content Policy: Freedom, Flexibility, and Control

To coincide with its anniversary, Reallusion introduces a major update to its Content Policy, giving creators unprecedented freedom to export and reuse assets across platforms. The new Standard License now allows unrestricted use of purchased content in Unreal Engine, Unity, Maya, Blender, and more—eliminating the need for extended licensing and unlocking a seamless cross-platform workflow.

Creators can:

  • Export assets to any external tool or engine
  • Reuse content across unlimited characters and projects
  • Scale projects without legal or technical barriers

For internal teams, students, and concept artists, Reallusion’s new iContent License offers a cost-effective solution for working entirely within the Reallusion ecosystem—ideal for previz, education, and in-software rendering.

Smarter Search. Limitless Creation.

AI innovation continues with the launch of AI Deep Search—a powerful new feature in the Reallusion Asset Store that uses natural language input and visual search to surface relevant characters, clothing, motions, and props in seconds. Combined with new trial access to all store assets, creators can now test before they buy, streamlining the creative process from idea to execution.

AI Render: From CG to AI Innovation

Reallusion introduces AI Render, a powerful new plugin built on the ComfyUI ecosystem that fuses the precision of 3D with the creativity of AI image generation. This innovative tool enables the re-visualization of characters and scenes through a streamlined pipeline that supports both rapid visual exploration and consistent AI-driven re-imaging for stills and video production.

Render your 3D characters and environments with AI and have complete control of animation, lighting, and cameras through iClone and Character Creator.

Join the AI Render Open Beta today, and experience the future of animation.

Join Us in the Next 25 Years

As Reallusion celebrates this milestone, it invites creators around the world to step into a new era of storytelling—where 3D innovation meets AI acceleration, and creative freedom knows no bounds.

Visit the 25th Anniversary webpage to explore the new tools, policies, and vision that are reshaping 3D creation. Discover AI-accelerated tools and connect with creators worldwide who are crafting the future of storytelling.

Claim Your Anniversary Advantage

Ready to transform your creative workflow? Celebrate 25 years of innovation with exclusive anniversary savings of 25% or more across all Reallusion Stores. Explore Anniversary deals now >> https://www.reallusion.com/25-anniversary/default.html 

HSG Japan R&D Center Launches Industry-First Breakthrough, Nozzle Visual Aligner(NVA) Solves High-Precision Calibration Challenges

TOKYO, Aug. 1, 2025 /PRNewswire/ — In the field of laser cutting, coaxial calibration between the laser and nozzle has long been a major challenge affecting processing accuracy and efficiency. Traditional calibration methods rely heavily on manual expertise, making the process time-consuming, labor-intensive, and prone to deviation and low success rates. Addressing this industry bottleneck, HSG’s Japan R&D Center has officially launched the Laser Nozzle Visual Aligner(NVA). Powered by advanced algorithms, visualized operation, and a 100% calibration success rate*, NVA is redefining industry standards and propelling laser processing technology into a new era of intelligent manufacturing.

A Game-Changer: 0.08mm Accuracy with 100% Success Rate*

Equipped with HSG’s proprietary high-precision arc-fitting algorithm, the NVA system achieves calibration accuracy within <0.08mm, eliminating human errors and misalignment issues that lead to defective products. While traditional calibration often requires repeated manual adjustments, the NVA uses AI vision and red-light simulation technology to achieve "one-and-done" precision, drastically reducing material waste and machine downtime.

Efficiency Revolution: 3 Steps to 300% Higher Productivity

Conventional calibration depends on operator experience and involves time-consuming iterations. In contrast, NVA simplifies the process into just three steps—positioning, Wi-Fi connection, and real-time visual calibration—delivering a 300% increase in efficiency. With a smartphone interface providing live visual guidance, even novices can operate the system with ease, significantly reducing training costs for enterprises.

Safety Meets Innovation

Driven by technological excellence, HSG’s Japan R&D Center has engineered NVA with a “laser-free adjustment” safety design to eliminate risks associated with traditional calibration. From algorithms to hardware, every component reflects the team’s relentless pursuit of ultimate precision, balancing industrial requirements with ease of operation.

Industry Impact: The Invisible Engine Behind Smart Manufacturing

NVA is more than a testament to HSG’s technological prowess—it’s a symbol of the industry’s shift from experience-driven to algorithm-driven calibration. Its application will accelerate productivity across industries such as sheet metal processing and automotive manufacturing, helping companies reduce costs and increase efficiency. As the head of HSG Japan R&D center remarked:
“The birth of NVA ensures that every laser beam hits its mark with pinpoint precision.”


Riding the wave of Industry 4.0, HSG Laser once again showcases its “innovation-driven, industry-leading” philosophy through the NVA system. This product is not only a leap in calibration technology, but also a milestone in globalizing smart manufacturing capabilities.

*Disclaimer: The above data is based on internal testing by HSG Laser and is for reference only. Actual performance may vary depending on real-world applications. HSG Laser reserves the final right of interpretation.

Kazia Therapeutics Announces $2 Million Private Placement at Premium to Market

SYDNEY, Aug. 1, 2025 /PRNewswire/ — Kazia Therapeutics Limited (NASDAQ: KZIA), an oncology-focused drug development company, today announced that it has entered into a securities purchase agreement with certain established institutional investors for a private placement of equity securities (PIPE). Pursuant to the securities purchase agreement, the Company agreed to offer and sell to an aggregate of approximately $2.0 million of ordinary shares and prefunded warrants. The securities being sold in the PIPE are priced at a 5% premium to the closing price of Kazia’s ADSs on July 31, 2025.  The PIPE is structured as a straightforward equity investment with no common warrant coverage.  The transaction is expected to close on Monday, August 4, 2025, subject to customary closing conditions.

The Company estimates that the net proceeds to the Company from the PIPE will be approximately $2 million, after deducting estimated offering expenses. The Company intends to use the net proceeds from this offering to support the continued clinical development of its lead programs, including paxalisib, a brain-penetrant dual PI3K/mTOR inhibitor currently in clinical trials for both brain cancer and advanced breast cancer, and EVT801, a selective VEGFR3 inhibitor, and for general corporate purposes.

“This transaction provides Kazia with additional capital to advance our clinical-stage assets through key near-term catalysts most notably additional data from our ongoing advanced breast cancer trial,” said Dr. John Friend, CEO of Kazia Therapeutics. “We are grateful for the continued support of our investors and look forward to delivering updates on upcoming milestones.”

The securities sold in this PIPE are being made in a transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements. Pursuant to the securities purchase agreement, the Company has agreed to file a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) within 60 days of the closing to register the resale of ADSs representing the ordinary shares and those underlying the pre-funded warrants.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Any offering of the securities described above under the resale registration statement will only be by means of a prospectus.

For investor and media, please contact Alex Star, Managing Director LifeSci Advisors LLC,  Astarr@lifesciadvisors.com, +1-201-786-8795.

About Kazia Therapeutics Limited Kazia Therapeutics Limited (NASDAQ: KZIA) is an innovative oncology-focused drug development company, based in Sydney, Australia. Our lead program is paxalisib, a brain-penetrant pan-PI3K/mTOR inhibitor, which is being developed to treat multiple forms of brain cancer, including glioblastoma and brain metastases. A Phase 1b clinical trial is also underway evaluating paxalisib in combination with checkpoint inhibition and chemotherapy for patients with advanced triple-negative breast cancer. EVT801, a selective VEGFR3 inhibitor, is currently in a Phase 1 clinical trial for advanced solid tumors. Kazia is working to rapidly progress these assets through clinical development and toward commercialization.

Forward-Looking Statements This announcement may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which can generally be identified as such by the use of words such as “may,” “will,” “estimate,” “future,” “forward,” “anticipate,” or other similar words. Any statement describing Kazia’s future plans, strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also forward-looking statements, including, but not limited to, statements regarding: the completion of the PIPE, the satisfaction of customary closing conditions related thereto, the intended use of proceeds from the PIPE, and the Company’s future expectations, plans and prospects. Such statements are based on Kazia’s current expectations and projections about future events and future trends affecting its business and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements, including risks and uncertainties: related to market and other conditions, associated with clinical and preclinical trials and product development, including the risk that preliminary or interim data may not reflect final results, related to regulatory approvals, and related to the impact of global economic conditions. These and other risks and uncertainties are described more fully in Kazia’s Annual Report, filed on form 20-F with the SEC, and in subsequent filings with the SEC. Kazia undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required under applicable law. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement.

XCMG Elevates Global Aftermarket Service Capabilities with Inaugural World Skills Competition

XUZHOU, China, Aug. 1, 2025 /PRNewswire/ — XCMG Machinery (SHE:000425), a global leader in construction machinery, has successfully concluded its first-ever XCMG World Skills Competition, marking a strategic leap in enhancing worldwide aftermarket service capabilities. The event underscores XCMG’s commitment to empowering customers through elite technical talent development and service excellence.

XCMG Elevates Global Aftermarket Service Capabilities with Inaugural World Skills Competition
XCMG Elevates Global Aftermarket Service Capabilities with Inaugural World Skills Competition

Held under XCMG’s globalization strategy, the competition brought together over 90 technicians from 24 countries for high-stakes skill challenges. After rigorous contests, 24 elite service engineers emerged as winners, showcasing world-class expertise in maintaining and repairing XCMG equipment.

The competition was designed to meet world skills international standards, focusing on practical, real-world scenarios in heavy-duty equipment maintenance, component servicing, and system diagnostics.

“The competition integrates skill validation, hands-on assessment, and professional certification. This approach strengthens XCMG’s global talent ecosystem, directly translating to faster, more reliable customer support worldwide,” emphasized Liu Haifeng, Chief Judge of the event and expert member of China’s National Training Team for World Skills Heavy Vehicle Maintenance.

During the 15-day intensive training, XCMG deployed cutting-edge technologies to maximize learning efficiency:

  • AI-Powered Feedback: Smart mining equipment simulators provided instant operational diagnostics.
  • AR/VR Solutions: Immersive modules accelerated skill mastery in complex repairs.
  • Precision Curriculum: Customized training aligned with XCMG’s end-to-end service protocols.

“The true victory was the knowledge we gained,” Amilton da Silva Sousa, XCMG South America Service Engineer and champion in the mining excavator category, captured the spirit of the event. “I came not just to compete, but to learn and share these insights with my team in Brazil. Every participant here is a winner—this experience elevates us all.”

The XCMG World Skills Competition exemplifies the company’s “Skills Empowerment” global strategy and its proactive role in the Belt and Road “Skills for Dreams” initiative. As XCMG continues expanding its international footprint, this competition establishes a benchmark for aftermarket service excellence. The company will integrate competition insights into its global training systems, ensuring customers receive unparalleled support through a skilled, connected, and technologically advanced service workforce.

About XCMG Machinery

XCMG Machinery (SHE:000425) is a multinational heavy machinery manufacturer headquartered in Xuzhou, China. With a product portfolio serving over 190 countries, XCMG ranks among the world’s top three construction machinery brands. The company drives innovation through intelligent manufacturing and sustainable solutions.