XCMGForkliftRen Daming, General Manager and Party Secretary of the Business Division and XCMG Special Machinery

2024 is the inaugural year of the XCMG Forklift Business Division, and it is destined to be an extraordinary year in the history of XCMG forklift development. In this year, bearing in mind our mission and stepping up with responsibility, we followed XCMG's transformation and upgrading requirements of "high-end, intelligent, green, service-oriented, and internationalized" development, and remained firmly committed to the development philosophy of "Safe, Green, Intelligent—Making Material Handling More Efficient," continuously strengthening core technology R&D and resource investment, and driving a rapid transformation from single products to complete intelligent logistics solutions.

In this year, XCMG Forklift seized opportunities and set sail with determination, bravely shouldering the important task of developing strategic emerging industries, and the company's operating scale and operating quality reached new heights. In the fields of products and technological innovation, we launched globally the all-new Peacock series high-voltage lithium battery forklifts, Mantis series complete AGV solutions, and key core components, demonstrating strong technological R&D strength and leading the industry trend of green and intelligent technological innovation.

In 2025, XCMG Forklift will forge ahead with firmer steps under the Group's strategic blueprint. We will focus on industrial upgrading, continue to increase R&D investment, deeply integrate cutting-edge technologies such as artificial intelligence, the Internet of Things, and big data, drive products toward higher-end and more intelligent development, and accelerate the promotion and application of intelligent and complete material handling equipment. On the market side, we will continue to strengthen solution-based marketing capabilities, creating greater value for global dealers and customers with complete intelligent logistics solutions and full life-cycle services.

The mission is arduous and the journey continues. In 2025, driven by product and technological innovation, XCMG Forklift will open a new chapter and create a new situation in the company's high-quality development, injecting a steady stream of vitality into the industry's development. We look forward to close cooperation with friends from all sectors to jointly create an even more brilliant future for the industry and contribute XCMG's wisdom and strength to promoting the progress of the global material handling cause!