XCMG(SZ:000425)2024-06-22 09:52Group 1: Export Performance - The company expects continued growth in international revenue, with a strong performance in overseas markets due to the increasing demand for domestic brands and improved product quality [1] - The international revenue accounted for 40% of the company's total revenue in 2023 [2] - The company has a well-established global marketing network covering over 190 countries and regions, with major export areas including Southeast Asia, Central Asia, Africa, South America, Europe, North America, and the Middle East [2] Group 2: Electric Product Development - The company is a pioneer in the electrification of products, with a significant market share in electric forklifts, aerial work platforms, and loaders [2] - The penetration rate of electric loaders is expected to exceed 20%, driven by the suitability of electric equipment for short-distance transportation in construction scenarios [2] - Revenue from new energy products doubled year-on-year in 2023, indicating a strong growth trend in this sector [2] Group 3: Mining Machinery - The company's mining machinery segment is a burgeoning industry, ranking first domestically and among the top five globally [2] - Mining machinery products, including mining excavators and articulated dump trucks, account for over 30% and 50% of revenue, respectively [2]