The 7th Summit of Gold Prize of Round Table of Board of Directors of Listed Chinese Companies & Awarding Ceremony has been grandly held in Beijing recently. XCMG has won the award of Best Board of Directors, Mr. WANG Min, the Company Board Chairman and President, has been honored Board Chairman with Best Strategic View, and Mr. FEI Guangsheng, Secretary of the Board, has won the award of Best Board Secretary with Innovative Capability.

The annual Gold Prize of Round Table, successfully held for seven years in a row, is a high-end charity brand award in the field of enterprise board system building under the magazine Directors & Boards. On the basis of the actual condition of listed companies, the award is committed to pushing forward the sound development of the board system building in China with profound data and fair and objective standard for evaluation. The Gold Prize of Round Table is widely acknowledged as the top prize in this area.

Since being listed for years, XCMG has consistently commited itself to the improved corporate administration and safeguard of investors’ rights and interests under the management of six board of directors. And those in recent years headed by Mr. Wang Min have realized striding advancement of corporate business, enhanced administrating level, and substantial increase of influence in capital market comprehensively acknowledged by regulatory authorities and investors with forging governance and determined will. In the year of 2010, with the award of Best Board of Directors and the company Board Chairman and President Mr. WANG Min has been honored Board Chairman with Best Strategic View and Secretary of the Board, Mr. FEI Guangsheng, has won the award of Best Board Secretary with Innovative Capability, XCMG stood out from over 2200 listed companies in Shanghai and Shenzhen stock markets.