Guang Wu Wang

Xiamen CCRE Group Co., Ltd. engages in the manufacture of engineering machinery and trucks. Its business includes high-end equipment manufacturing, supply chain operations, financial services, aviation industry and real estate and investment. Its business scope includes operation and management of state-owned assets; manufacture, sale, and foreign trade of mechanical and electrical products such as construction machinery, transportation equipment, and electronics; investing, holding, and participating in relevant industries; providing product production, sales, and investment to the invested enterprises; and technical support, staff training, corporate management and other services in the market development process. The company was founded on May 29, 2006 and is headquartered in Xiamen, China.

China Construction Machinery Association operates as a trade association for manufacturers of construction machinery in China. Its customers include the machinery, urban construction, transportation, railway, metallurgy, coal, building materials, oil and natural gas, water conservancy, electric power, forestry, military industry and aviation industries. The company is headquartered in Beijing, China.

Lingong Heavy Machinery Co., Ltd. engages in the manufacture of mining equipment, and aerial work equipment. Its products include wide body mining vehicles, large mining excavators, mining auxiliary equipment, scissor type lift work platforms, boom type elevating work platforms, and telescopic forklifts. The company was founded on February 2, 2012 and is headquartered in Jinan, China.

Part of Xiamen XGMA Machinery Co., Ltd., Xiagong Group Sanming Heavy Duty Machinery Co. Ltd. manufactures and distributes heavy machineries. The company is based in Sanmin, China. Xiagong Group Sanming Heavy Duty Machinery Co. was acquired by Xiamen XGMA Machinery Co., Ltd. from Xiamen CCRE Group Co., Ltd. on June 30, 2011 for $68.30 million.

Xiamen CCRE Asset Management Co., Ltd. engages in the management of assets. Its business activities include investment in thermal power and real estate industries, installation and maintenance of heating pipes, development and operation of real estate properties, property management, and real estate leasing services. It also involves in the development and sale of thermoelectric equipment and materials, and environmental protection equipment and materials. The company was founded on July 8, 2002 and is headquartered in Xiamen, China.