JAKARTA, Indonesia, Oct. 1, 2024 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425) has significantly expanded its service capacity in the Asia-Pacific (APAC) region through strategic initiatives, including the launch of a new financing subsidiary in Australia and a collaborative "Global Service Month" campaign in Indonesia. These developments are part of XCMG's ongoing commitment to enhancing its market footprint and customer service across the region.
Yang Dongsheng, Chairman of XCMG Group, recently embarked on a two-week tour across key APAC markets, visiting local partners and witnessing the inauguration of several localized service innovation projects. This tour included stops at the newly established XCMG Australia Technical Center, XCMG Indonesia Spare Parts Center, its Indonesia Kendari Branch, and meetings with major industry players such as PT. SERVISTAMA PRO INDONESIA (SPI) in Indonesia, along with Rio Tinto and Brooks in Australia.
In Australia, this month marked a significant milestone for XCMG with the unveiling of XCMG Financial Australia Pty Ltd. The new financial platform is set to support financing and risk management systems throughout Oceania, bolstering regional business development. This follows April's launch of the Australian R&D center, further cementing XCMG's strategic layout in the country.
"By deepening our market presence and expanding our network channels in Australia, we are not only fostering strong partnerships but also advancing our capabilities to meet high-end market demands," stated Yang Dongsheng during his visit.
Additionally, Yang signed project agreements with Rio Tinto totaling nearly 800 million yuan ($113 million) earlier in this August, propelling both entities into a new era of global mining equipment leadership. Deployed worldwide, including in Australia, XCMG's "intelligent" and "green" products deliver comprehensive solutions for mining construction, material handling, urban development, and more.
The recent trip also took Yang to Indonesia, where he attended Mining Indonesia 2024. XCMG, the pioneering Chinese construction machinery brand to enter the Indonesian market, is participating in the Mining Indonesia exhibition for the 11th time, in collaboration with its distributor GMT.
At this event showcased were twelve products from four major categories: mining machinery, earthmoving, lifting, and transportation equipment by XCMG. Highlighted were three electric-powered machines – the XC938-EV loader, the XT490 EV truck, and the electric dump truck XGE105, which drew significant attention due to their eco-friendly features.
Currently, XCMG is enhancing its aftermarket competitiveness in Indonesia through full industry chain innovation, thereby creating greater value for its customers. During the trade show, XCMG and GMT jointly kicked off the "Global Service Month" event. This initiative will engage customers across Indonesia, concentrating on their service requirements and dedicated to establishing a superior aftermarket service brand.
"Unwaveringly pushing forward 'full-chain development', upgrading innovative mining equipment, continuously exploring mineral markets, comprehensively laying out new energy fields, intelligent green, efficient, economical construction solutions, empowering dealers, customers, and partnering together, contributing towards building up Indonesian infrastructure," commented Yang.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
XCMG Bolsters APAC Presence with New Financial Subsidiary and Expanded Service Initiatives
VANCOUVER, BC, Oct. 1, 2024 /PRNewswire/ -- Global lifestyle brand MINISO opened its new Vancouver flagship store at CF Richmond Centre in Richmond, British Columbia, on September 28, 2024. The launch of another pink-themed store underscores MINISO's growing presence in Canada, as it advances on its mission to bring more joyful shopping experiences to a wider audience across the country through more innovative designs, dreamy atmospheres, and expanded IP product sections.
Located in the heart of Richmond with direct access to major transportation routes, the 3500-sqaure-feet MINISO store sits conveniently on the first floor of the CF Richmond Centre, near H&M and Shoppers. The new flagship brings MINISO to a prime location, offering a vibrant shopping environment and joyful experiences in one of the city's busiest retail hubs.
MINISO fans can explore a wide selection of around 3000 SKUs, offering everything they need for daily life, as well as products they love, such as blind boxes, plushies, cosmetics, stationery, and household items. The flagship store features a curated selection of popular products, along with exclusive collaborations with famous IPs such as Disney, Sanrio, and newly launched series like BT21, Chiikawa, and Zanmang Loopy. New beauty launches from beauty brands including Black Rouge, Into You, MilleFee, and Canmake further enrich the store's offering, ensuring the store has something for everyone.
As MINISO's first pink-themed store in B.C., the Vancouver flagship reflects the brand's dedication to creating fun and memorable shopping experiences. The store's soft pink hues and playful neon elements set the stage for a visually captivating environment, drawing customers into a whimsical world that feels fresh, inviting, and effortlessly joyful. With installations such as a pink Ferris wheel, pink blind box station, and an interactive makeup area, the store invites customers to explore and engage in an immersive, dynamic setting. The store's unique design and product variety make it a must-visit destination for Vancouver shoppers.
To celebrate the opening, MINISO organized a series of exciting events and promotions. Visitors were treated to live performances by local dance groups and can participate in a photo booth, face painting, and makeup sessions. Special gifts, including complimentary perfumes and limited-edition Sanrio blind boxes were available. Guests were also encouraged to share their shopping experiences on social media by tagging @Miniso.Canada for a chance to win exclusive products.
This flagship marks a key step in MINISO's strategic expansion across Canada as it brought another well-design store to the community. The recently opened Sherway store, which also marked the debut of the Chiikawa collection and introduced a new pink-themed store design for the first time in Canada, and other new stores such as CF Fairview Mall and CF Lime Ridge Mall in Ontario, exemplify the brand's fresh, innovative design approach, bringing more joy to shopping. With around 10 new stores opened earlier in the year, the brand plans to open up more new stores across the country in 2024, including a new themed store at Eaton Centre and additional locations in major malls across Quebec. With its unique IP collaborations and focus on customer engagement, MINISO continues to distinguish itself as a leader in the global lifestyle retail space.
Looking ahead, MINISO remains dedicated to further growing its footprint both in Canada and globally, bringing engaging, design-led, joyful shopping experiences to even more customers worldwide.
About MINISO
MINISO Group is a global value retailer offering a variety of trendy lifestyle products featuring IP design. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO's wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand "MINISO" as a globally recognized consuming brand and established a massive store network worldwide.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MINISO's New Vancouver Flagship Store brings Richmond a Pink-Themed Wonderland
MINISO's New Vancouver Flagship Store brings Richmond a Pink-Themed Wonderland
MINISO's New Vancouver Flagship Store brings Richmond a Pink-Themed Wonderland
