Winning Concept from XCMG's Green Creative Design Awards Earns Millions in Profit_Prnasia_Asia Pacific Daily

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Winning Concept from XCMG's Green Creative Design Awards Earns Millions in Profit

Prnasia2017-07-17

XUZHOU, China, July 17, 2017 /PRNewswire/ -- World leading construction machinery manufacturer XCMG, in collaboration with Cummins, has incorporated a winning project from its Green Creative Design Awards ("the GCD Awards") into the design of three hydraulic excavator products, the new sales of which have driven US$ 42.64 million in profit for the company. The winning concept, which deals with the application of new generation power matching technology in digital excavators, has been applied to three of XCMG's energy-efficient, reliable and durable hydraulic excavator models, the XE210U, XE250U and XE360U. Designed for the European and North American markets, they provide comfortable and safe driving, as well as easy maintenance. The award-winning design improvements are focused on enhancing fuel efficiency, reducing vibration noise, and enhancing the intelligence and reliability of hydraulic excavators. By applying constant speed power-matching technology, the thermal effect value has been improved by 8 percent and has reached an international advanced level. Improvements to the fan and shock absorber in the driving cab have decreased engine noise by 4dB and achieved an 85 percent vibration isolation rate in the cab. "Solving the 10 percent bottleneck problem is the biggest difficulty XCMG is facing at present. Thanks to innovations of our organizational structure and our support for innovation, our employees have free space and the integrated platform of the GCD Awards on which they can develop solutions," Min Wang, the president of XCMG said. Launched in 2014, the GCD Awards promote the R&D of green manufacturing, marketing and management. The winning projects are helping XCMG achieve technological breakthroughs, reform its organizational structure, overcome development challenges and cultivate emerging talent. "We are very proud of the winning teams from the GCD Awards, who have brought solutions to some of the most difficult problems we've encountered from R&D to business management," commented Min Wang, President of XCMG. "Their projects have not only generated millions in profits for XCMG, but also set the course for future sustainable development." A sequential engineering R&D team has also been established. About XCMG XCMG is a multinational heavy machinery manufacturing company with a 74-year history. It currently ranks ninth in the world's construction machinery industry. The company exports to more than 177 countries and regions around the world. For more information, please visit: www.xcmg.com, or XCMG's pages on Facebook, Twitter, YouTube, LinkedIn and Instagram. View original content:http://www.prnewswire.com/news-releases/winning-concept-from-xcmgs-green-creative-design-awards-earns-millions-in-profit-300488937.html

XUZHOU, China, July 17, 2017 /PRNewswire/ -- World leading construction machinery manufacturer XCMG, in collaboration with Cummins, has incorporated a winning project from its Green Creative Design Awards ("the GCD Awards") into the design of three hydraulic excavator products, the new sales of which have driven US$ 42.64 million in profit for the company.

The winning concept, which deals with the application of new generation power matching technology in digital excavators, has been applied to three of XCMG's energy-efficient, reliable and durable hydraulic excavator models, the XE210U, XE250U and XE360U. Designed for the European and North American markets, they provide comfortable and safe driving, as well as easy maintenance.

The award-winning design improvements are focused on enhancing fuel efficiency, reducing vibration noise, and enhancing the intelligence and reliability of hydraulic excavators. By applying constant speed power-matching technology, the thermal effect value has been improved by 8 percent and has reached an international advanced level. Improvements to the fan and shock absorber in the driving cab have decreased engine noise by 4dB and achieved an 85 percent vibration isolation rate in the cab.

"Solving the 10 percent bottleneck problem is the biggest difficulty XCMG is facing at present. Thanks to innovations of our organizational structure and our support for innovation, our employees have free space and the integrated platform of the GCD Awards on which they can develop solutions," Min Wang, the president of XCMG said.

Launched in 2014, the GCD Awards promote the R&D of green manufacturing, marketing and management. The winning projects are helping XCMG achieve technological breakthroughs, reform its organizational structure, overcome development challenges and cultivate emerging talent.

"We are very proud of the winning teams from the GCD Awards, who have brought solutions to some of the most difficult problems we've encountered from R&D to business management," commented Min Wang, President of XCMG. "Their projects have not only generated millions in profits for XCMG, but also set the course for future sustainable development." A sequential engineering R&D team has also been established.

About XCMG

XCMG is a multinational heavy machinery manufacturing company with a 74-year history. It currently ranks ninth in the world's construction machinery industry. The company exports to more than 177 countries and regions around the world.

For more information, please visit: www.xcmg.com, or XCMG's pages on Facebook, Twitter, YouTube, LinkedIn and Instagram.

View original content:http://www.prnewswire.com/news-releases/winning-concept-from-xcmgs-green-creative-design-awards-earns-millions-in-profit-300488937.html

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