On the afternoon of January 31, XCMG Group and XCMG Machinery held their 2026 Economic Work Conference. The conference comprehensively summarized the company's work during the 14th Five-Year Plan period and in 2025, scientifically analyzed and assessed the current situation, and systematically deployed key tasks for 2026. It called on the entire company to adopt a striving posture of "sprinting from the start," to think critically and innovate, to act with dedication and pragmatism, and to go all out to embark on a new journey of high-quality development during the 15th Five-Year Plan period.

In his speech, Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, pointed out that during the 14th Five-Year Plan period, especially over the past three years, XCMG's development journey has been extraordinarily remarkable, highly challenging, and highly fruitful, marking an important period of strategic deepening and transformation breakthrough. Keeping in mind our entrustment, we expressed gratitude and forged ahead, leading with action and pressing forward under pressure. We drew up a new "two-step" strategic blueprint and formulated a new "One-Two-Three-Three-Four-Four" strategic management philosophy guidance system, achieving high-quality development amid industry cyclical fluctuations.

The decisive battle is in the market, and victory is won in the factory. Combining the global competitive landscape, industry development trends, and the frontier trend of AI plus manufacturing, Yang Dongsheng focused on six directions—marketing, innovation-driven development, digital and intelligent transformation, development security, deepening reform, and Party building leadership—to put forward mobilization and deployment requirements for the company to fully achieve its annual goals. He called on everyone, in the great journey of reaching the summit of Mount Everest, to grasp things early, well, and in advance, and to quickly enter the spirited state of "the start is the decisive battle, the beginning is the sprint"—spurring the horse to seize the opening, embodying the spirit of the dragon horse to overcome difficulties, and riding the horse to raise the sail in pursuit of excellence—ensuring a leading first quarter and a successful whole year, and delivering an outstanding answer sheet for the opening year of the 15th Five-Year Plan with practical achievements!

The conference released the Top Ten Events of the 14th Five-Year Plan period, encouraging all XCMG employees to draw strength from them and translate it into practical actions that drive high-quality development. Yang Dongsheng signed organizational performance responsibility statements and safety responsibility statements with company leaders and heads of business divisions and subsidiaries, and the heads of each unit made statements of commitment regarding the implementation of business objectives.

Standing at the brand-new starting point of the 15th Five-Year Plan, the blueprint has been drawn, and the key lies in implementation and in practical action. The entire company will unite consensus through goals, demonstrate responsibility through execution, align thinking and action with the decisions and deployments of this conference, and unswervingly implement the business development policy of "high quality, strong safety, world-class, steady growth." We will temper the exemplary work style of "daring to act, being good at acting, and being pragmatic and implementation-oriented," tighten the strings, draw the bow to the full, and shift into high gear, and with the outstanding results of high-quality development, make new contributions and deliver new answer sheets for accelerating the building of a modern industrial system, building a world-class enterprise, and scaling the summit of the global industry!