Xuzhou Construction Machinery Group Import & Export Co., Ltd. (named XCMG below), founded in 1997, is a wholly-owned subsidiary of Xuzhou Construction Machinery Group. We have always been the leading construction machinery manufacturer and provider in China since the establishment. Our products are sold to nearly 100 countries all over the world. XCMG has been always keeping the leading position in China construction machinery industry since our establishment. Right now, XCMG ranks No.168 in the Top 500 China Enterprises, and No.84 in the Top 500 China Manufacture Industries. We have the most complete product models and series of construction machinery, and we are the most competitive and the most effective large-sized enterprise group in China.Our business income was RMB40 billion with USD1 billion of export income in 2008. We rank No.1 of above aspects in China. XCMG has set up a sales network which covers the whole country and nearly 100 overseas dealers, with our complete marketing services for global customers.The enterprise vision of XCMG is to be a world-class enterprise with great competitive power and make all Chinese people to be proud of us. The strategic target of XCMG is to enter into the Top 10 of Construction Machinery Transnational Companies with our business income of RMB50 billion in 2010 and enter into the Top 5 of the World Construction Machinery Industry with our business income of RMB100 billion in 2015.