XCMG establishes e-commerce company
The Inaugural Conference & 1st Shareholders' Meeting of XCMG E-Commerce Inc. has been held in Xuzhou, Jiangsu in 30th Dec., 2017. The establishment of XCMG E-Commerce Inc. is an important move to accomplish the transformation, upgrading and business success of XCMG proposed by Chairman Wang Min, as well as an important strategic decision of XCMG to respond to the national "internet +" action plan and accurately grasp the opportunity from internet economy development. XCMG E-Commerce Inc., complementary to XCMG's traditional overseas channels, will explore after-market business forms including overseas used cars, spare parts and rental service. The company will play a significant role in exploring "internet +" for XCMG and speeding up the transformation and upgrading of international trade.