# XCMG Construction Machinery to acquire 51% stake in Xuzhou XCMG Heavy Vehicle for 821M yuan

XCMG Construction Machinery announced it will acquire 51% equity of Xuzhou XCMG Heavy Vehicle Co., Ltd. from Nanjing XCMG Automotive Manufacturing Co., Ltd. for 0.821 billion yuan. The heavy vehicle sector will become a controlled subsidiary of XCMG Construction Machinery.

- Type: Acquisition
- Announced: 2025-04-18
- Where: China
- Value: $113.0M (821.0M CNY)
- Status: announced
- Products: mining machinery
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [XCMG Construction Machinery](https://endata.com/companies/52617.md) (acquirer)
- [Xuzhou XCMG Heavy Vehicle](https://endata.com/companies/84242.md) (target)
- [Nanjing XCMG Automotive Manufacturing](https://endata.com/companies/84243.md) (partner)

## Sources

- [news.futunn.com](https://news.futunn.com/en/flash/18719253/xcmg-construction-machinery-intends-to-acquire-51-equity-of-xuzhou), 2025-04-18: "XCMG Construction Machinery announced that the company intends to acquire 51% equity of Xuzhou XCMG Heavy Vehicle Co., Ltd. held by Nanjing XCMG Automotive Manufacturing Co., Ltd. for 0.821 billion yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.