Spring heralds a new journey as we join forces to move forward! On March 3, the strategic cooperation talks and memorandum of understanding signing ceremony between Ligoo New Energy and XCMG was held at XCMG’s headquarters.
Mr. Wang Hanchao, Chairman of the Company, and Mr. Yang Dongsheng, Chairman of XCMG and XCMG Machinery and Secretary of the Party Committee, attended and witnessed the signing. Mr. Liu Yong, Vice Chairman and President of the Company, and Mr. Luo Deyong, General Manager of XCMG Industrial Investment, signed on behalf of the two parties. At the meeting, leaders from both sides discussed cooperation and jointly charted a blueprint for green development.
As a leading enterprise in China’s BMS (Battery Management System) field and a national-level specialized and sophisticated “Little Giant” enterprise, Ligoo has long been deeply engaged in the new energy sector, building a leading technological and market advantage in core areas such as BMS and energy storage. To date, its cumulative BMS installations have exceeded 6 million sets, ranking first among professional BMS companies.
As a leading enterprise in China’s high-end equipment manufacturing industry, XCMG has for years been deeply rooted in the construction machinery field, possessing profound technological accumulation and industrial heritage in core segments such as construction machinery and commercial vehicles, and leading the high-quality green transformation of the construction machinery and commercial vehicle industries.
This cooperation is a strategic handshake between the new energy core components industry and the high-end equipment manufacturing industry, marking the further deepening of Ligoo New Energy’s BMS and energy storage footprint, and kicking off long-term close cooperation and the establishment of a joint venture.
In the future, the two parties will deepen joint innovation around new energy, big data, and other fields, relying on their respective technological and resource advantages to achieve breakthroughs in new energy technology R&D, data applications, and market expansion, jointly creating industry-leading green and intelligent products, providing high-quality green development solutions to global customers, and realizing the goal of “technology synergy, resource sharing, and win-win cooperation.”
