XCMG Hydraulics Co Ltd, a subsidiary of XCMG, has recently established long-term strategic cooperation agreement with Permco, an American hydraulic parts company. XCMG officially becomes its only designated hydraulic cylinder production base in China.

?Permco has high reputation as a world leading hydraulic parts manufacturer, our partnerships will not only build a new bridge between our companies, but also further utilise resources to create greater values through our cooperation,? said Chen Dengmin, General Manager, XCMG Hydraulics Company.
The company?s plan for the next decade will focus on breaking new grounds in fields of new material application, solving bottleneck problems in key technologies and achieving stricter quality assurance.