In the first half of 2025, XCMG recorded RMB 25.55 billion<\/span> (US$3.58 billion<\/span>) in overseas revenue, marking a 16.64% increase year-on-year and raising the overseas share of total revenue to 46.61%. This growth reflects the company’s continuous internationalization efforts, with its global revenue share rising steadily from 29.07% in 2022 to today’s near-half mark.<\/p>\n Key growth drivers include:<\/p>\n Profitability metrics also showed significant improvements. Gross margin increased by 0.7 percentage points to 22.03%, while net profit margin rose to 8.06%. Operating cash flow more than doubled, reaching RMB 3.73 billion<\/span> (US$523.08 million<\/span>), underscoring the company’s strong operational quality and financial discipline.<\/p>\n XCMG continues to reinvest profits to secure future growth, with R&D spending climbing over 5% year-on-year to RMB 2.64 billion<\/span> (US$ 370.22 million<\/span>). The company is accelerating innovation in new energy technologies, deploying advanced testing platforms, and attracting top global talent in electrification and intelligent systems.<\/p>\n Its “1+6+N” innovation framework has yielded tangible results, from mass production of in-house developed CTV battery systems to breakthroughs in ultra-high-voltage power systems, high-integration thermal management, and high-efficiency silicon carbide technologies.<\/p>\n Meanwhile, XCMG is embracing AI-driven transformation, identifying high-value application scenarios, piloting eight AI projects, and building a scalable framework for intelligent manufacturing and operations. The company secured 218 new invention patents and 45 overseas patents in the first half, bringing its total patent portfolio to over 12,000.<\/p>\n The mining equipment sector, a key “second growth curve,” expands strongly. Highlights include deploying 100 electric autonomous trucks at Huaneng Yimin Open-pit Mine and hosting a global zero-carbon mining summit with participants from 30+ countries. Partnerships with leaders like BHP and Rio Tinto reinforce its expanding global role.<\/p>\n Discover at www.xcmgglobal.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n Revenue and profit hit historic highs as XCMG accelerates technological breakthroughs and sustainable growth<\/i><\/b><\/p>\n XUZHOU, China<\/span><\/span>, Sept. 2, 2025<\/span><\/span> \/PRNewswire\/ — XCMG Machinery<\/a> (SHE:000425) has released its 2025 1H earnings report, posting record revenue of RMB 54.81 billion<\/span> (US$7.69 billion<\/span>), up 8.04% year-over-year, and achieving double-digit net profit growth. The company continues to lead China’s<\/span> construction machinery industry while strengthening its global reach and innovation-driven strategy.<\/p>\n![\"XCMG](\"https:\/\/mma.prnasia.com\/media2\/2762261\/2025_09_02_113902_665.jpg?p=medium600\" "\\"XCMG")
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XCMG Reports Record-Breaking Half-Year Results, Driving Innovation and Global Expansion<\/span><\/p>\n<\/div>\n\n