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On November 29, Xuzhou XCMG Construction Machinery Co., Ltd. decided to participate in CIPPE 2022 Beijing Petroleum Exhibition, with its booth located in Hall E3 – Booth E3610, covering an area of 525 square meters. At this exhibition, XCMG Foundation will focus on showcasing products such as deep well drills, water well drills, air compressors, and horizontal directional drills. We welcome you to visit the exhibition site at that time. Regarding XCMG Foundation, as one of XCMG’s key business segments, it focuses on high-end equipment and aims to become a provider of comprehensive solutions for foundation construction and underground resource drilling. It is engaged in the research, development, manufacturing, and sales of pile-driving machinery, trenchless excavation machinery, mining and tunneling machinery, as well as resource drilling equipment; it also provides technical support for construction methods and handles various aspects of project construction, thus leading the industry forward. XCMG Foundation currently possesses the largest-tonnage rotary drilling rigs and horizontal directional drilling rigs in the world. Its rotary drilling rigs and horizontal directional drilling rigs have ranked first in the domestic market for eight consecutive years, as well as holding the top market share in key overseas markets. Its products have been exported to more than 80 countries and regions across Europe, the Americas, Africa, Southeast Asia, and elsewhere. XCMG Foundation continues to improve its intellectual property management system. To date, it has been granted over 480 patents in total, including 78 invention patents. It has also been honored with the title of “Enterprise with Strengths in Intellectual Property”. Multiple models of the product have obtained EU CE certification and Russian GOST certification. The company continuously improves its level of intelligent manufacturing, and boasts Jiangsu Province’s model intelligent workshops – an intelligent manufacturing workshop for rotary drilling rigs and an intelligent manufacturing workshop for horizontal directional drilling rigs – as well as an intelligent scheduling center for production and operations. The company has been repeatedly recognized by the Ministry of Industry and Information Technology and the China Industrial Economics Federation as a “Model Enterprise for Excellence in Manufacturing”. Looking ahead to the 14th Five-Year Plan period, XCMG Construction Machinery is planning to build a new industrial park for construction machinery covering 1,000 mu, featuring an \"intelligent + ecological\" approach, with the goal of becoming the world’s leading brand in this sector.