According to CoinMeta, and based on information from XCMG Group, on November 10th, Yang Dongsheng, Secretary of the Party Committee and Chairman of XCMG Group and XCMG Machinery, held a discussion with Wang Zhijian, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group. Both parties expressed their intention to further expand the breadth and depth of business collaboration in areas such as mining machinery, excavation machinery, loaders and transporters, lifting machinery, road construction machinery, and new energy technologies. They aim to enter global high-end markets with high-quality products and lead the industry in transformation and upgrading.