On the evening of August 30th，XCMG（000425）Publication of the 2023 semi-annual report。The report shows，Operating income of XCMG、Net profit attributable to shareholders of the listed company、Weighted average return on equity, etc.Key indicators rank first among major listed companies in the construction machinery industry。

Facing the complex and changeable market environment，New ideas、New ideas、Under the new mechanism“New Xugong” Make solid progress“Zhi Gai Shu Zhuan”Chairman's No.1 Project，Focus“High-end、Intelligent、Greening、Service-oriented、Internationalization”Industrial transformation and upgrading，Benefit from reform，Steady operation highlights enterprise resilience，Achieving Connotative High Quality Development，Many data rose against the trend，Hand in excellent answers。

Profitability improved quarter by quarter，Key indicators rank first

First half，Xugong Machinery Seizes the Market Without Relaxation，AtIn terms of income，The company achieved operating income of 512.800 million yuan，Among them, the international income is 20.9 billion yuan.，Year-on-year growth of 33.5%；Realize new energy product revenue 52.700 million yuan，Year-on-year growth of 174.9%；The market share of major products increased by 1% year-on-year.93 percentage points，Milling machine、Asphalt station ranks first in the domestic industry，So far, 15 mainframe products have occupied the first place in the domestic industry.。

In terms of profit，First half，The Company achieved a net profit attributable to the parent company of 35.900 million yuan，In the second quarter alone, year-on-year growth was 31 percent%；Achieve net cost reduction of procurement 13.900 million yuan，Net cost reduction rate 4.53%；Gross profit margin 22.86%，Year-on-year increase of 2.44 percentage points；Net profit margin on sales 7.00%，Year-on-year increase of 0.19 percentage points，The second quarter was 7..54%，Year-on-year growth of 1.77 percentage points。

First half，Whether it's business income、Or net profit attributable to the parent company?，XCMG ranks first among the major listed companies of construction machinery.。

In addition，Core indicators that reflect profitability——Return on equity，XCMG also ranks first in the domestic industry.。First half，The weighted average return on net assets of XCMG is 6.70%，Far higher than other leading enterprises。

“New Xugong”After performance disclosure，Brokerage analysts said：“The performance of the interim report in 2023 exceeded expectations.，Single second quarter performance significantly repaired，Profitability improved significantly。”   

Conform to the development trend of industry，Industrial plate blossoms in many places

In recent years，Construction machinery industry concentration continues to increase，The market share of leading enterprises has further expanded.，“New Xugong”Conform to the development trend of industry，Accelerate industrial transformation and upgrading，Realize multi-point blossom of industrial plate。

——Increase in the proportion of new industry sector income。The report shows，XCMG Aerial Work Machinery、Mining Machinery、Sanitation machinery、Port Machinery、Agricultural machinery and other strategic emerging industries earned 12.3 billion yuan.，Year-on-year growth of 44.5%，23% of operating income.99%，Year-on-year increase of 8.18 percentage points。Aerial work machinery revenue growth of 56..43%，Mining machinery revenue increased by 40.86%。

——Revenue from new energy products increased substantially.。Digitize、Greening is the reform and innovation of XCMG、The only way to achieve high-quality development。First half，The company vigorously embarked on the layout of new energy products industry.，Speed up product development，Seize the key market，Revenue from new energy products increased by 174% year-on-year.9%。Among，Mining machinery to build a complete set、Unmanned、Electrification、Advantages of networking products，Revenue increased by 40.86%，Gradually grow into a new pillar industry。

Accelerate the international layout，Export revenue hit a new high

Internationalization is XCMG's crossing the industry cycle、Build a century-old shop、The only way to build a world-class enterprise。Adhere to the main strategy of internationalization.，Xugong has been exported from the initial trade.“Walk out”Phases，Enter the localization of deep ploughing“Walk in”Phases，And accelerate toward“Walk up”Step forward，Export of products has been formed.、Build factories overseas、Cross-border mergers and acquisitions and global collaborative R & D“Four in one”International Development Model，Products are exported to more than 190 countries and regions.。

First half，The company's overseas system operation layout has achieved new changes.，According to“The headquarters grasps the general manager，Regional main battle，Main construction of product line”Thought，Company construction“1+11+N”The control structure of，Around“Finance、Informatization、Talents、Spare parts logistics”Four short boards，Attaching great importance to the safety and compliance management of overseas assets，Make up for shortcomings and empower、Improve quality and efficiency，The path of integration to promote the main strategy of internationalization is clearer.。 

By continuously consolidating the global marketing channel network，Improve service level in an all-round way，The proportion of the company's overall international revenue has increased.，Achieve international revenue of 20.9 billion yuan，Year-on-year growth of 33.5%，The proportion of international income rose to 40 percent.75%，Compared with 29% of the previous year.67%Increased by 11.0 8 percentage point，Most regions and most products have achieved rapid growth.。

Most regions：West Asia and North Africa、Central America grows over 200%，Europe grows more than 150%，Central Asia、Nearly 100% growth in North America%。

Most products：Aerial work platform、Milling and planing machinery、Fire truck growth over 300%，All over the ground、Truck mounted crane、Port crane、Skid Steer Loader Growth Exceeds 100%，Crawler crane、Mine digging、Road Roller、Paver、Concrete mixer truck increases by more than 50%，Excavator、Off-road crane growth over 20%。

In addition，First half，The companies are in the UK.、Singapore、Saudi Arabia、United Arab Emirates、Sales company established in Vietnam，There are many other production bases.、R & D institutions、The spare parts center is under planning.。

Promoting scientific and technological self-reliance and self-improvement，Leading the rapid development of industrial clusters

In June this year，XCMG Super Open-pit Mining Equipment 35m³The electric shovel officially rolled off the production line、Third 700t Hydraulic Excavator Delivered to Customer、440 Trains Depart South America，“Three arrows fired at the same time”，XCMG increases R & D investment，Concentrated presentation of high-level scientific and technological self-reliance and self-improvement achievements。

First half，The company realizes the layout of innovation system.，Take high-end as the lead，Constructed by the General Research Institute、Coordination between R & D institutions of headquarters and R & D institutions of various industries“1+6+N”R & D architecture，Organize and implement 403 scientific research and development projects，More than 280 new products launched。In addition，The company signed a contract with Baosteel Joint Laboratory and unveiled it.，Signed a strategic cooperation agreement with Toyota，Breakthrough in hydrogen energy technology research and application of the whole industry chain。

Qiangyi Enterprise、Live an industry，Driven by leading construction machinery enterprises such as Xugong，Xuzhou Construction Machinery Industry Successfully Selected as the First Batch of National Advanced Manufacturing Clusters，And sounded the clarion call to accelerate the leap to world-class advanced manufacturing clusters.。

More than a month ago.，XCMG officially released“Pilot· Climb ”Plan of action，Focus on building“Innovation and opening up、Complementary resources、Mutual benefit and win-win、World-class advanced manufacturing cluster with coordinated development”A target，And“Self-reliance and self-improvement in science and technology、Echelon cultivation and incubation、Intelligent change, digital transformation and empowerment、Green and low-carbon transformation、Expand international cooperation、Service extension and value-added、Talent introduction and gathering”Seven major actions，Sound the rallying cry to the summit of the global industry Mount Everest！