In accordance with the development strategy of XCMG Group "consolidate and improve its competitive advantage in the construction machinery industry and vigorously develop special vehicles and core components," the XCMG Automotive Division (hereinafter referred to as "XCMG Automotive") was formally established in April 2015. Xuzhou Xugong Automobile Manufacturing Co., Ltd., Nanjing Xugong Automobile Manufacturing Co., Ltd. and Nanjing Xugong Research Institute. Relying on the advantages of the construction machinery giant of XCMG Group, XCMG Motors concentrates social and corporate resources and culture, and highly integrates centralized, differentiated, and cross-border, synergistic strategies to form a comparative advantage, gather competitive advantages, and achieve catch-up catch-up. As of 2014, The operating income has increased fivefold in five years, and it has successfully stepped up to 2 billion yuan with a profit of 22.2749 million yuan. It has provided a powerful engineering solution for XCMG Group to fully realize a complete set of engineering solutions that can lift, press, dig, push, and ship. Guarantee to become the only state-owned commercial vehicle manufacturing enterprise in Jiangsu Province that is healthy and developing.