XCMG ranks 379th in the world's 500 Most Influential Companies in the World, the first ranking in Business Tools by Investing.com

Xuzhou, China, December 27, 2024 /PRNewswire/ — The World Brand Lab has officially released, revealing this year's top global brands. XCMG Machinery (“XCMG”, SHE: 000425), the world's leading construction equipment manufacturer, is proud to protect its 379.^th place in the 21st^St The annual list of 500 Global Businesses, issued by Global Symbol Lab. The company is also ranked 42nd^n.d among the Chinese characteristics and achieve impressive 7^th place worldwide in the industrial equipment sector.

The Global Top 500 Scores list evaluates brands based on their ability to develop and capture markets and generate revenue, collectively reflecting global brand influence. Global Symbol Lab The evaluation process includes a comprehensive score of more than 8,000 globally recognized brands using key indicators such as Market Share, Brand Loyalty, and Global Leadership. Notably, the brand trust assessment included iTrust Rating data, while the ESG (Environmental, Social, and Governance) performance evaluation was derived from SuperFinance's extensive ESG index.

A joint research group that appears Global Symbol Lab and SuperFinance discovered an important trend among international brands, increasing global pressure is driving a shift towards diversified local strategies and prioritizing ESG performance. The strong correlation between brand value and ESG performance underscores the importance of sustainability growth.

In line with these findings, XCMG released its first ESG Report April 2024further strengthening transparency in sustainable business development. By the end of 2023, the company has achieved progress, reducing the total greenhouse gas emissions by 33,269.01 tons, corresponding to a decrease of 7.84%.

Dr. Maria Yesu SaenzDirector of Supply Chain Digital Transformation Lab at the TOGETHERnoted, “The opportunities offered by digital twins in supply systems are enormous, especially when extended end-to-end.” XCMG's successful integration of digital solutions is consistent with this vision, demonstrating its leadership in leveraging technology to drive operational excellence and sustainability.

XCMG has accelerated its adoption of digital technology across multiple manufacturing processes by 2024. By implementing advancements such as image-based sorting, AGV shuttles for intelligent transportation systems, and digital twin robot welding production lines, XCMG has effectively improved automation. and the logic of component manufacturing while minimizing labor costs.

For more information, please visit https://www.xcmgglobal.com/.