Nanjing Xugong Automobile Manufacturing Co., Ltd.

Activity by year

20252026

Acquisition

Apr 18, 2025ACQUISITIONChina$113.0M
XCMG Machinery to acquire 51% of Xuzhou Xugong Heavy Vehicle for 821 million yuan
XCMG Machinery announced plans to acquire a 51% stake in Xuzhou Xugong Heavy Vehicle Co., Ltd. from Nanjing Xugong Automobile Manufacturing Co., Ltd. for 821 million yuan. The acquisition aims to strengthen XCMG's mining machinery business.
XCMG Machinery acquirer Xuzhou Xugong Heavy Vehicle Co., Ltd. target Nanjing Xugong Automobile Manufacturing Co., Ltd. partner #Mining Equipment webull.com

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