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XCMG is ranked #379 on the 2024 World’s 500 Most Influential Brands list and is leading industrial equipment innovation by Investing.com.

MONews
3 Min Read

Xuzhou, China, December 27, 2024 /PRNewswire/ — The World Brand Lab has officially released its report revealing the top global brands of the year. XCMG machine (“XCMG”, SHE: 000425), a leading global construction equipment manufacturer, proudly announces that it has secured 379.Day Entry on the 21stcastle List of the world’s 500 most influential brands published annually World Brand Research Institute. Company ranking: 42ndnd Achieved an impressive 7th place among Chinese brandsDay We have a global presence in the industrial equipment sector.

The World’s 500 Most Influential Brands ranking evaluates brands based on their ability to develop and capture markets and generate revenue, thereby providing a comprehensive determination of global brand influence. World Brand Lab’s The evaluation process included comprehensive scoring of more than 8,000 globally recognized brands using key indicators such as market share, brand loyalty, and global leadership. In particular, the brand loyalty assessment incorporates data from iTrust Rating, while the environmental, social and governance (ESG) performance assessment is derived from SuperFinance’s extensive ESG database.

The joint research team World Brand Research Institute SuperFinance has discovered a significant trend among multinational brands, where increasing globalization pressures are driving a shift towards different localization strategies and prioritization of ESG performance. The strong correlation between brand value and ESG performance highlights the growing importance of sustainable practices.

In response to these findings, XCMG has published its first ESG report. April 2024Further enhancing transparency in sustainable business development. By the end of 2023, the company has made significant progress, reducing total greenhouse gas emissions by 33,269.01 tons, or 7.84%.

doctor. Maria Jesus Sanzmove Digital Supply Chain Innovation Lab to MIT“The opportunities offered by digital twins in supply chain processes are enormous, especially when scaled end-to-end.” XCMG’s successful integration of digital solutions aligns with this vision and demonstrates XCMG’s leadership in leveraging technology to drive operational excellence and sustainability.

XCMG accelerated the adoption of cutting-edge digital technologies across multiple production processes throughout 2024. XCMG has implemented advancements such as image recognition-based material sorting, AGV shuttle intelligent transportation system, and digital twin robotic welding production line to effectively enhance automation. Realizes intelligence in parts manufacturing while reducing labor costs.

For more information, please visit https://www.xcmglobal.com/.

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