XCMG Machinery Releases 2025 ESG Report: Leads Construction Machinery’s Green & Intelligent Sustainable Development
XCMG issued its bilingual 2025 ESG Report, centering on the “Transformation” strategy to disclose full-year governance, environmental and social performance. Chairman Yang Dongsheng noted 2025 marked the end of the 14th Five-Year Plan; XCMG will keep advancing green digital transformation and global win-win cooperation.
Core 2025 ESG Highlights Governance
Elevated ESG to board level by renaming the Strategy Committee to Strategy and ESG Committee, winning top board governance awards. 100% staff anti-corruption training coverage, obtained ISO 37301 compliance certification. Rated Grade A in SZSE disclosure for 8 consecutive years, rolled out a 2025-2027 shareholder return plan promising annual dividends+repurchases ≥40% of distributable profit. Zero data security incidents.
Environment
Environmental investment reached RMB 62.68 million. New energy product revenue hit RMB 13.32 billion （+23.6%）， accounting for 19.6% of machinery revenue. PV installed capacity 189.17MW, green power utilization rate 20.45%. Unit output energy consumption hit the target; hazardous waste disposal rate 100%. Multiple factories awarded national/zero-carbon factory certifications.
XCMG launched the world’s first full-process zero-carbon smart mining solution and led electric machinery standard formulation.
Social
30,485 total employees, 100% labor contract & social insurance coverage, turnover rate 3.5%. Full staff training coverage, zero fatal work injuries and occupational diseases, 100% hazard rectification rate. Customer satisfaction 91.8%, zero ESG-related product recalls. Products sold to 190+ countries, covering over 95% Belt and Road regions.
Green Low-Carbon Layout
XCMG set clear dual-carbon goals: carbon peak by 2027, 50% renewable electricity by 2035, full operational carbon neutrality by 2049. It developed multi-energy new energy equipment and built digital carbon management platforms to track full-product carbon footprints, while scaling distributed PV and green supply chain management.
Digital Intelligent Upgrade
R&D investment totaled RMB 5.93 billion with 8,286 R&D staff. XCMG Heavy Crane Factory became a national pilot smart factory, included in global top 10 intelligent manufacturing advances. It rolled out the AI 5000 Strategy, built national key labs, and won multiple provincial & industry science and technology awards.
Social Responsibility Practice
Launched long-term public welfare projects including African Water Cellar and Global Mini Wishes. Established a professional emergency rescue team for cross-border disaster relief. Built full-life-cycle customer service and ESG-integrated supplier management systems, launched core talent equity incentives, and improved all-round employee care systems.
Governance & Disclosure
The report complies with domestic and international ESG standards, released in Chinese and English on exchange and official website. XCMG built a three-line compliance defense system with complete anti-bribery and whistleblower mechanisms to boost transparency.
Moving forward, XCMG will deepen sustainable development, innovate green intelligent technology, and build a globally responsible industrial ecosystem.
Full report: XCMG Construction MachineryCo ., Ltd. 2025 Environmental,Social,and Governance（ESG）Report.pdf
