Xuzhou Xugong Material Supply Co., Ltd. (hereinafter referred to as "Xugong Supply") was established in October 2010 and is located in the Jiangsu Xuzhou Economic Development Zone. It is a wholly-owned subsidiary of Xugong Group Construction Machinery Co., Ltd. As one of the four major functional platforms built by XCMG Group, XCMG Supply undertakes the optimization and integration of the Group's global procurement resources and the construction of the supply chain system. In October 2013, the company established XCMG European Purchasing Center Co., Ltd. in Krefeld, Germany to realize global operation of supplier management.
XCMG Supply takes quality as the guide, cooperation as the link, performance as the criterion, and logistics as the ring chain to create a XCMG supply chain procurement management system with market extension, risk sharing, benefit sharing, and win-win cooperation. The company strives to build a platform for purchasing information sharing within the group, a platform for resource sharing and simultaneous upgrading among suppliers, a specialized logistics platform, and a global procurement platform; strive to achieve the coordinated development of financial goals, operational goals, and innovation goals; and focus on training a loyal , A professional supply chain management team and an excellent supplier team; create best practices for centralized procurement, and set a benchmark for lean management of the supply chain in the construction machinery industry.