August 31, Kunming, Yunnan, China Enterprise Confederation and China Entrepreneur Association jointly released the list of 2013 China Top 500 Enterprises. With annual revenue of more than 101.2 billion yuan last year, XCMG ranks No. 119 on it, 3 places ahead of last year; XCMG also ranks No.44 on the list of 2013 China Top 500 Manufacturers, 5 places ahead of last year; its ranking still stays at No.1 in China's construction machinery industry. XCMG has ranked No. 78 on the list of 2013 China Top 100 Multinational Companies. XCMG's chairman, Wang Min, attended the Top 500 release conference and China's large enterprise summit, and attended the "Large enterprises with innovative achievements" parallel forum at the summit as a special guest. He shared XCMG's innovation experiences with participants from China Top 500 Enterprises.

    At the forum, Mr. Wang said that XCMG would continue to strengthen its global R&D layout, gather a group of core R&D personnel, fully graft high-end human resources of the world, integrate global R&D and industrial resources and strive to build world-class technical strength and brand influence.