On November 23, the Chairman Wang Min met Former German Chancellor Gerhard Schroeder in Frankfurt, Germany. The two parties engaged in a candid and in-depth     exchange of views on XCMG's business development in Europe and other topics.   Mr.Gerhard Schroeder also highly appreciated tremendous achievements in XCMG's 20 years' development, and he would give help and support in XCMG's international    strategy .

During the stay in Germany, Wang Min, Chairman and his party of four also inspected   Putzmeister company (PM) and other three machinery manufacturing enterprises, Mr.Wang talked with CEOs and the management team in a friendly atmosphere.This inspect has played a positive role in XCMG's next step in the establishment of R & D subsidiaries in Europe ,which is also the first time that company's cooperation with foreign countries in the early stages of the in-depth study led by the Chairman himself.