July 22, 2022, Shenzhen, China, On July 20, XCMG and China International Marine Containers (Group) Ltd. (CIMC for short) signed the "Strategic Cooperation Framework Agreement" in Shekou, Shenzhen.

According to the agreement, the two parties will give full play to their advantages in industry, technology, capital, talents, management, market, resources, etc., and carry out strategic cooperation in the fields of logistics machinery and equipment, logistics services, new energy, overseas business, capital cooperation, enterprise management and other fields to achieve win-win results.

It is reported that XCMG and CIMC Group, the two 100-billion-level enterprises, will adhere to the original intention of mutual benefit and win-win cooperation, jointly promote the healthy development of the industry and enterprises, and contribute new value to the development of national strategic industries.

At the symposium, the two sides also conducted in-depth discussions on topics such as future cooperation planning, joint deepening of strategic cooperation and expansion of cooperation areas.
 

It is understood that the two parties plan to complement their respective advantages in the field of equipment and services. Under the guidance of the national "dual carbon" strategy, the two parties will focus on the goals of "green and low carbon", "safety and reliability", and provide solutions for unmanned container transshipment operations, in-storage material transshipment solutions, and cycle vehicle rental and operation services etc., to lead the green development of the industry. At the same time, they will jointly explore the research and development of hydrogen fuel power machinery, hydrogen energy technology and lightweight and high-strength materials, and strengthen the development of new energy, new materials and other fields.
 

The signing of this strategic cooperation agreement will further leverage the respective advantages of both parties, promote the in-depth development of logistics, supply chain, new energy, overseas business and other fields, inject new momentum into the common and healthy development of the industry and enterprises, and contribute to the development of national strategic industry.