Recently，First release of Chinese and English versions by XCMG

《2023 Environment、Social and Corporate Governance（ESG） Presentation 》

External disclosure

Enterprises are developing green.、Practice social responsibility

Strengthen the practice and effectiveness of corporate governance.

Received more than 1000 foreign media reportsConcern

What isESG？

ESGIt's EnglishEnvironmental（Environment）、Social（Society）AndGovernance（Corporate governance）Abbreviation for，It is a form of non-financial reporting in addition to financial reporting.，It is used to demonstrate the sustainable development of enterprises.、Efforts and achievements in social responsibility and good governance。

This time，XCMG Releases Chinese-English BilingualESGThe acquisition report includesAP NEWS、Yahoo! Finance、Asahi Shimbun、Yonhap、Seeking Alpha、Finanzen.net、Kyodo News、AFPBB NewsEtc. More than 1,298 media reports，In English、 French 、 German 、Spanish、Portuguese、Nine languages, including Japanese, are spreading overseas.。

PART 1

With“ Govern ”For the base

Guided by strategic planning，XCMG's Precise Recognition of Change、Scientific strain、Take the initiative to change，Unswervingly build a connotative high-quality development model and world-class capacity support，Major indicators continue to lead the industry。Carry out“High quality、Control risk、World class、Steady growth”Development policy，Implement efficient governance、Compliance operation，Focus on improving the quality of the company's operation。At the same time，Standardize information disclosure，Smooth communication with investors，Sustained、Stable dividends，Publish about the promotion“Double improvement of quality and return”Action Plan Announcement，Effectively safeguard the rights and interests of investors。Fully start the project of intelligent transformation from digital to network.，Focus“Six longitudes and six latitudes”Blueprint，Intelligent transformation、Digital transformation、Networked connectivity improves fine operations and process management capabilities。

Through a series of scientific、Effective operation management system，The overall business performance of XCMG is developing upward.。2023，XCMG achieved operating income928.4.8 billion yuan，Net profit attributable to parent company53.2.6 billion yuan，Year-on-year growth23.51%，Net profit after deduction44.9.7 billion yuan，Year-on-year growth29.47%，Key indicators such as revenue and profit continue to be the first in the domestic industry.。

PART 2

With“Environment”For

As the first company in the industry to release the outline of the Carbon Peak and Carbon Neutralization Action Plan，XCMG has planned the layout of pure electricity、Hybrid、Hydrogen Energy Technology Route and Cell Battery、Motor electronic control and other core components industry and charging station infrastructure；Under the tide of a new round of scientific and technological revolution and industrial transformation，Speed up running on the new energy electrification track，Complete set of products applied to urban construction、Mine Port、Mainstream scenarios such as road transport，Delivering Quality Services and Green Solutions to Global Customers；Strictly abide by relevant laws and regulations on environmental protection，Strengthen resource management and emission management，Integrate the concept of green development into the company's daily office and operation links，Install rooftop PV、Electric vehicle charging pile，Continue to explore renewable energy and clean energy applications，Implement the concept of green and low-carbon。

2023，XCMG accounts for 19% of new energy consumption.64%，Revenue from new energy products increased by 108..9%，Doubled for two consecutive years、The contribution is nearly 10%。Low-carbon emission control，2023，XCMG has invested 1 in the field of environmental protection.100 million yuan，Exhaust emission reduction16.600 million cubic meters，Wastewater emission reduction8.60,000 tons，Leading the low-carbon development of the industry。

▲XCMG Pure Electric Loader Products，Adopt industry-first“Three motors”Technical proposal

While laying out green products，XCMG has also implemented the concept of sustainable development into production and daily operations.，Promoting green and low-carbon transformation and upgrading of industrial chain。ESGThe report shows，By the end of 2023，Four subsidiaries of XCMG have been certified as green factories by the state，Eight subsidiaries have obtained provincial certification of green factories.， 24 subsidiaries obtained ISO14001:2015 Environmental Management System Certification。

PART 3

With“Society”For reading

Hand in hand with customers、Industry chain allies stand together through thick and thin，Continue to deepen exchanges and cooperation，Help territorial construction，Drive all stakeholders to high quality、Sustainable Development；Stick to it“Four aspects”，Implementing the strategy of innovation-driven development，Continue to increase investment，Focus on high-end breakthroughs，Promoting Industrial Innovation and Development by Scientific and Technological Innovation；Adhere to the main strategy of internationalization，Strengthen the equipment manufacturing industry、Expand the real economy、Build a world-class brand；Focus on security development，Stick to the bottom line of safety，Escort the company's high-quality development with high-level safety management；Employee-oriented，Continuously improve the salary and welfare、Training and promotion system，Pay attention to the occupational health of employees，Create a warm harbor for employees；Care for people's livelihood and shoulder social responsibility bravely，Help people's livelihood project construction，Enthusiasm for public welfare volunteer activities，Demonstrate the responsibility of public companies with practical actions。

Annual R & D investment of XCMG in 2023:50.1.9 billion yuan，98% customer satisfaction.6%。Take an active part“The Belt and Road”Construction，Create a win-win ecosystem。It has nearly 40 overseas subsidiaries and more than 300 overseas distributors.，The products are exported to more than 190 countries and regions around the world.，Overlay“The Belt and Road”95 along the line% The above countries and regions。At the same time，Xugong is also actively practicing corporate social responsibility.，Participate in public welfare undertakings。Over the years，XCMG continues to promote“Brand of global responsibility”，Actively carry out social public welfare actions worldwide。Take XCMG's public welfare in Ethiopia as an example.。By the end of 2023，The company has completed 161 household water cellars and 20 school water purification systems.，The problem of water shortage in dry season has been solved.。

▲“African water cellar”Beneficiaries of the project

In recent years，ESGThe concept has reached a global consensus.，It plays a key role in promoting the high-quality development of China's economy and society.。As a state-owned listed company，Engineer Xu is hereESGRemarkable achievements have been made in the field.。

Future，XCMG will continue to uphold the spirit of innovation，Strive to break through，Deep integrationESGManage the development strategy and daily operation，Strive to create a new quality productivity with distinct industry characteristics and XCMG personality，Contribute more to promoting sustainable development。