XUZHOU, China, Jan. 14, 2026 /PRNewswire/ -- XCMG and COSCO SHIPPING Lines have signed a strategic cooperation agreement, marking a new phase of deep industrial collaboration that integrates high-end manufacturing with global logistics.
At the signing ceremony, the two parties engaged in in-depth discussions on five core areas of cooperation: technological innovation, cross-border logistics services, green supply chains, overseas business coordination, and the joint development of digital platforms. The agreement signals a strengthened alignment across the industrial value chain, aimed at enhancing efficiency, resilience, and sustainability in global operations.
"This partnership reflects XCMG's commitment to building a more resilient and efficient global supply chain," said Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. "Through closer cooperation with COSCO SHIPPING Lines, we will better support the international development of Chinese construction machinery and accelerate our global footprint."
As a leading brand in the global construction machinery industry, XCMG's products are exported to more than 190 countries and regions worldwide. Throughout its globalization strategy, XCMG has consistently prioritized supply chain stability and operational efficiency to deliver greater value to customers across diverse markets.
COSCO SHIPPING Lines, a global leader in container shipping, operates an extensive worldwide route network supported by comprehensive logistics resources. By leveraging their respective strengths, the two companies will continue to expand the scope and depth of cooperation, fostering long-term synergies between advanced manufacturing and global logistics services.
Since establishing a direct partnership in 2017, the two sides have developed close collaboration tailored to XCMG's business characteristics, particularly its high proportion of oversized and heavy cargo. COSCO SHIPPING Lines has fully utilized its expertise in special container transportation and end-to-end supply chain coordination, enabling customized cross-border logistics solutions and integrated overseas warehousing services. Together, the partners have worked to build a green, efficient global logistics supply chain.
Looking ahead, the two parties will focus on the joint development of a globally integrated supply chain system, while advancing innovation in logistics models and digital transformation. By actively exploring cooperation opportunities in emerging areas such as green logistics and smart supply chains, the partnership aims to enhance the quality and efficiency of Chinese construction machinery companies' global expansion and further strengthen the international competitiveness of Chinese manufacturing.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
XCMG and COSCO SHIPPING Lines Deepen Strategic Partnership to Advance Integrated Global Supply Chains
ESG Strategies and Sustainable Practices Align with International Standards
HONG KONG, Jan. 14, 2026 /PRNewswire/ -- Sino Group ('the Group') is pleased to announce that Sino Land Company Limited ('Sino Land') (Stock Code: 0083.HK) has received the highest 'AAA' rating, up from 'AA', in the MSCI ESG (Environmental, Social and Governance) Ratings. This recognition underscores Sino Land's ongoing commitment to managing key ESG challenges and opportunities in alignment with international standards.
The MSCI ESG Ratings evaluate over 17,000 global issuers based on their ability to manage long-term, financially material sustainability-related risks and opportunities relative to their industry peers. The rating considers factors that include carbon emissions, green buildings, health and safety, and supply chain management, which help investors identify companies better positioned for sustainable growth. In 2025, Sino Land received a 'AAA' rating, placing the company among the top 5% of performers within its industry ('Real Estate Development & Diversified Activities').
Mr Daryl Ng, Chairman of Sino Group and Chairman of the Group's ESG Steering Committee, said, 'We believe that resilience and well-being are fundamental to a meaningful sustainability vision—one that aims to create lasting value for our stakeholders while making a positive impact on the environment. We are grateful for the recognition of our approach, reflected in a top position within this international ratings system, which motivates us to further integrate ESG considerations into our long-term strategy. Moving forward, we will continue to collaborate with partners to enhance our efforts and drive innovation in sustainable practices. Our strategic priorities will align with investor expectations through a commitment to responsible stewardship, thoughtful design, and social responsibility—ultimately strengthening both our portfolio and the communities we serve.'
Sino Group has focused on enhancing its climate change adaptation and resilience efforts and has launched the 'Supplier Climate Alliance' to promote a sustainable supply chain. In recognition of these efforts, the Group, including Sino Land, has received several accolades, such as validation from the Science Based Targets initiative ('SBTi') for its long-term emissions reduction targets, and top ranking in the Greater China Real Estate Business Sustainability Index ('REBSI'). Sino Land has been included in the CDP's highest benchmark—the 2025 Climate Change A List and recognised as a 'Global Sector Leader' in the Development Benchmark – Residential category, in the Global Real Estate Sustainability Benchmark ('GRESB') Real Estate Assessment, both for the second consecutive year. As of 30 June 2025, Sino Land has achieved BEAM Plus certification for 90% of its new buildings in Hong Kong.
| *THE USE BY SINO LAND COMPANY LIMITED OF ANY MSCI SOLUTIONS LLC OR ITS AFFILIATES ("MSCI") DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF SINO LAND COMPANY LIMITED BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS AND ARE PROVIDED 'AS-IS' AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI. |
*THE USE BY SINO LAND COMPANY LIMITED OF ANY MSCI SOLUTIONS LLC OR ITS AFFILIATES ("MSCI") DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF SINO LAND COMPANY LIMITED BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS AND ARE PROVIDED 'AS-IS' AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sino Land Achieves 'AAA' MSCI ESG Rating
