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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

XCMG receives state approval to absorb XCMG Construction Machinery · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Nov 8, 2021ACQUISITIONChina

XCMG receives state approval to absorb XCMG Construction Machinery

Xuzhou Construction Machinery Group (XCMG) received approval from the Jiangsu State-owned Assets Supervision and Administration Commission to absorb XCMG Construction Machinery Co., Ltd. (Xugong Youxian) via a share issuance. The merger will make Xuzhou Construction Machinery Group the controlling shareholder.

Status

Announced

Productsconstruction machinery

CompaniesXuzhou Construction Machinery Group acquirer XCMG Construction Machinery target

Sectors#Industrial Machinery

“原则同意徐工机械本次重组方案，徐工机械通过向控股股东徐工有限全体股东发行股份方式吸收合并徐工有限”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com徐工机械(000425.SZ)吸收合并徐工有限事项获江苏省国资委批复Nov 8, 2021

Summarized from public sources; check the original articles before acting on it.

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May 6, 2022ACQUISITIONChina$5.90B
XCMG receives regulatory approval for $5.9B merger with XCMG Construction Machinery
Xuzhou Construction Machinery Group Xuzhou Construction Machinery Group acquirer xcmgmachinery.com beta.zhitongcaijing.com
Jan 16, 2021NEW FACILITYDanzao Town, Nanhai District, Foshan, Guangdong, China$309.0Mops 2021
XCMG breaks ground on 2 billion yuan intelligent manufacturing base in Foshan
Xuzhou Construction Machinery Group foshannews.net ccm-1.com
Jul 21, 2020ACQUISITIONSouth Korea$375.0M
Multiple bidders pursue Doosan Mottrol stake
Doosan Xuzhou Construction Machinery Group investor pulse.mk.co.kr
Oct 23, 2019CONTRACTPilbara, Western Australia, Australia
XCMG to supply heavy mining equipment to Rio Tinto for Pilbara operations
Rio Tinto customer Xuzhou Construction Machinery Group supplier csteelnews.com

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