Does XCMG Have the Potential to Increase 10 Times?
1 Answers
XCMG has the potential to increase 10 times. Below are specific details about XCMG: 1. Background: XCMG Group is a large corporation based in Xuzhou that produces heavy machinery, including cranes, loaders, road rollers, and other equipment. It is a leader in China's heavy machinery industry. The group's overall listing was officially approved by the China Securities Regulatory Commission on June 25, 2009. On July 28, 2009, Wang Min, Chairman of XCMG Group, stated that the overall listing process had been progressing smoothly and that the official operation of XCMG's overall listing would commence within 1-2 months. 2. Philosophy: XCMG Group adheres to the principle that 'talent is the most valuable asset in an enterprise.' The group believes that competition in comprehensive corporate strength ultimately comes down to competition for talent. Only by having top-tier talent can a company remain invincible in the competitive landscape.