# XCMG Joins 2026 Fortune China 500 Summit to Discuss Corporate Competitiveness

- Link: https://www.thailand-business-news.com/pr-news/xcmg-joins-2026-fortune-china-500-summit-to-discuss-corporate-competitiveness
- Published: 2026-10-27T14:03:00+07:00
- Author: PR Newswire

_Company ranks No. 202 on the 2026 list, up 10 places from the previous year and
retaining its lead among Chinese construction machinery companies_

XUZHOU, China, Oct. 27, 2026 /PRNewswire/ — XCMG Machinery (SHE: 000425) attended
the 2026 Fortune China 500 Summit in Chengdu on Oct. 22, joining business leaders,
entrepreneurs and scholars to discuss how companies can strengthen their competitiveness.
The event followed the July release of the 2026 Fortune China 500 ranking, in which
XCMG placed No. 202, up 10 places from the previous year and retaining its leading
position among Chinese construction machinery companies.

 [⌊The certificate for the 2026 Fortune China 500 ranking⌉](https://mmx.prnasia.com/media/MS2021417/20261026213115EDT_image_1.jpg?id=OA3041447&p=medium600)

The certificate for the 2026 Fortune China 500 ranking

Using a methodology consistent with the Fortune Global 500, the Fortune China 500
includes both listed and unlisted companies, providing a reference for tracking 
the development of China’s largest businesses.

Shen Yan, chair of XCMG Machinery’s labor union, accepted the Fortune China 500 
certificate and exchanged views with fellow participants on strengthening corporate
competitiveness.

For XCMG, the ranking provides a benchmark for progress as it continues to strengthen
its competitiveness through transformation. The company will continue to advance
higher-end products, intelligent technologies, green development, global operations
and service-oriented businesses, translating these priorities into practical action
and building new strengths to support the development of a world-class construction
machinery industry cluster.

**Embedding Sustainability in Business Development**

Beyond its Fortune China 500 ranking, XCMG was again included in Fortune China’s
ESG Impact List this year, remaining the only construction machinery company on 
the list.

Its sustainability efforts span green manufacturing, new energy solutions for different
operating scenarios, and low-carbon supply chains. These areas form part of the 
company’s long-term approach to environmental, social and governance practices and
support its broader green transformation.

**Strengthening Talent Development**

Talent development and organizational capabilities also support XCMG’s transformation.
On Oct. 20, XCMG was recognized in both the annual best employer and best employer
for ESG practices categories of Forbes China’s 2026 Best Employers selection. This
marked its second consecutive year receiving the annual best employer recognition.

As its business evolves, XCMG is upgrading its human resources system through professional
skills development, organizational and process improvements, and digital transformation.
These efforts aim to provide clearer career pathways and broader development opportunities
for employees.

Through integrated recruitment, structured training and market-based incentives,
the company supports professional development, cross-functional exploration and 
international work experience across its global operations and diverse businesses.

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