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XCMG held the groundbreaking ceremony for its Guangdong XCMG Intelligent Manufacturing Base in Danzao Town, Nanhai District, Foshan on January 16, 2021. The project involves a total investment of 2 billion yuan and will produce tower cranes and construction hoists, with annual capacity exceeding 5,000 units and annual sales revenue of 2.5 billion yuan.
“On January 16, the groundbreaking ceremony of Intelligent Manufacturing Base of Guangdong Xuzhou Construction Machinery Group Co., Ltd. (XCMG) was officially held in Danzao Town, Nanhai District, Foshan.”foshannews.net
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