On September 8, Xuzhou Construction Machinery Group Co., Ltd., known as XCMG, officially registered its North China regional headquarters in Xiong'an as North China XCMG (Xiong'an) Construction Machinery Co., Ltd., with a registered capital of 100 million yuan. This strategic move provides a powerful boost to Xiong'an New Area's efforts to accelerate the development of a headquarters economy hub.

As a leading enterprise in China's construction machinery industry, XCMG has been actively participating in the construction of Xiong'an and has been deeply engaged in planning regional headquarters and future industries. The North China regional headquarters will establish a comprehensive core functional platform, integrating a marketing center, spare parts service center, complete machine trading center, digital innovation center, new energy intelligent solutions center, as well as maintenance and remanufacturing, modification, training, and logistics support bases.

Looking ahead, XCMG plans to leverage Xiong'an's advantages in agglomerating innovative elements, continue to focus on tackling key technologies in construction machinery digitalization, intelligence, and green development, deepen industry-university-research collaborative innovation, and carry out research and commercialization of cutting-edge technologies such as new energy equipment and smart construction systems.

The Commerce and Investment Promotion Bureau of Xiong'an New Area has fully implemented the region's strategic decisions on building a headquarters economy highland. Focusing on industrial development, the bureau has been exploring resources from leading enterprises, precisely matching XCMG's development plans and business layout needs, and facilitating the successful establishment of the company's North China regional headquarters.

Luo Guangjie, Vice President of XCMG, stated that Xiong'an New Area, as a concentrated carrier for relieving Beijing's non-capital functions, boasts prominent geographical advantages, abundant innovation resources, and a well-established policy system, giving the company full confidence in its development there. The company will make full use of advantageous resources in technology innovation and talent development, using the North China regional headquarters as a fulcrum to fully unleash the platform's potential, play a driving role in the industrial chain, deeply participate in Xiong'an's urban development and scientific innovation, and contribute to the high-quality development of the new area.

An official from the Commerce and Investment Promotion Bureau of Xiong'an New Area indicated that the new area will continue to deepen market-based efforts to attract and relieve functions, make good use of various platform carriers, continuously optimize comprehensive supporting services, and strive to enhance the carrying capacity of the headquarters economy. The focus will be on attracting comprehensive and functional headquarters of central state-owned enterprises and high-quality private enterprises, continuing to strengthen, extend, and supplement the industrial chain to empower the construction of Xiong'an's modern industrial system.