Michel Temer, President of Brazil, met with Wang Min, Chairman, XCMG, along with the Vice President of XCMG Machinery and Chairman of XCMG Brazil, Wang Yansong and the XCMG delegations at the Presidential Palace in Brasilia, Brazil. At the positive talk on Chinese enterprise taking root in Brazil and helping to improve the infrastructure of Brazil, Temer expressed his appreciation of XCMG?s investments in Brazil and contributions to the local economy in the country, praising the company?s achievements in Brazil to have set a good example for more Chinese enterprises that are willing to invest in Brazil.

XCMG manufacturing base in Brazil is not only the company?s largest overseas manufacturing base, but also the first and largest construction machinery industrial park in Brazil built by Chinese construction machinery industry. The factory has brought more values to XCMG?s local clients as well as pushing the economic development in Brazil.