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XCMG machinery announced that the company plans to increase capital of RMB 352 million to Xuzhou XCMG Environmental Technology Co., Ltd. (hereinafter referred to as XCMG environment), a wholly-owned subsidiary, for the construction of a new base of environmental sanitation industry.
XCMG's 2021 interim report shows that the company's main revenue is 53.234 billion yuan, a year-on-year increase of 51.8%; The net profit attributable to the parent company was 3.803 billion yuan, a year-on-year increase of 84.46%; Deduction of non net profit of RMB 3.63 billion, a year-on-year increase of 79.2%; The debt ratio is 64.59%, the investment income is 314 million yuan, the financial expense is - 87.792 million yuan, and the gross profit margin is 15.8%.
The chairman of the company is Wang min. Mr. Wang Min: born in 1954, Han nationality, CPC member, Chinese nationality, master's degree, professor level senior engineer, chairman and party secretary of Xuzhou Construction Machinery Group Co., Ltd. and XCMG Construction Machinery Co., Ltd., chairman, President and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd, Chairman of Xuzhou XCMG Special Vehicle Co., Ltd., chairman of Xuzhou XCMG excavation machinery Co., Ltd., chairman of Xuzhou XCMG Investment Co., Ltd; From April 2017 to August 2017, he served as chairman and party secretary of Xuzhou Construction Machinery Group Co., Ltd. and XCMG Construction Machinery Co., Ltd., chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd., chairman of Xuzhou XCMG Special Vehicle Co., Ltd. and chairman of Xuzhou XCMG excavation machinery Co., Ltd, Chairman of Xuzhou XCMG Investment Co., Ltd; From August 2017 to December 2018, he served as chairman and party secretary of Xuzhou Construction Machinery Group Co., Ltd. and XCMG Construction Machinery Co., Ltd., chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd., chairman of Xuzhou XCMG Special Vehicle Co., Ltd. and chairman of Xuzhou XCMG Investment Co., Ltd; From December 2018 to September 2019, served as chairman and party secretary of Xuzhou Construction Machinery Group Co., Ltd. and XCMG Construction Machinery Co., Ltd., chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd. and chairman of Xuzhou XCMG special vehicles Co., Ltd; From September 2019 to June 2020, served as chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd. and chairman of Xuzhou XCMG Special Vehicle Co., Ltd; From June 2020 to December 2020, he served as chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman and party secretary of XCMG Construction Machinery Co., Ltd., chairman of Xuzhou Heavy Machinery Co., Ltd., chairman of Xuzhou XCMG Special Vehicle Co., Ltd. and chairman of Xuzhou XCMG Agricultural Equipment Technology Co., Ltd.