Chairman Wang Min has focused on China's construction machinery development for over 40 years and has steered XCMG's transformation for more than a decade. He firmly believes that "innovation is driven by competition and forced by the need to survive better; an enterprise that does not innovate is waiting for death." Chairman Wang Min draws on the concepts and methods of performance excellence and Lean Six Sigma, supported by a global collaborative R&D platform, to achieve performance improvement across the entire value chain, and has pioneered the XPS enterprise innovation quality management model with XCMG characteristics.

As a "China Outstanding Quality Person," Chairman Wang Min personally promotes the performance excellence model, builds a company-wide "big quality" system, and implements Six Sigma management to improve corporate management decision-making and operational levels while continuously perfecting product quality. While significantly enhancing business performance, he also continuously leads the healthy and rapid development of the industry. Through continuous reform and progress, constant challenge and transcendence, Chairman Wang Min has led XCMG to achieve a historic leap, now ranking among the top five in the world's construction machinery industry, contributing to the nation a world-class construction machinery enterprise and a world-class strong national brand.