CNCMC Makes Steady Progress in H1 with In-depth Cultivation of Diverse Overseas Markets

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Amid a complex and volatile market environment in the first half of 2026, CNCMC sticks to the development model that combines “Trade + Service” with industry-technology-trade integration, accelerating its transformation from a traditional trader to a trade service provider. It achieved total operating revenue of RMB 426 million, a year-on-year increase of 98.30%, delivering steady overall business growth.

CNCMC continues to deepen its footprint in mineral-rich countries along the Belt and Road Initiative (BRI), having launched multiple mining machinery projects in Cambodia, Mongolia, Uzbekistan and Kazakhstan. The Group signed a mining equipment sales and purchase agreement worth roughly RMB 140 million with XCMG Group. Related equipment has passed acceptance and been delivered in batches, representing an upgrade to its export strategy for large-scale mining machinery.

Exports of heavy-duty trucks saw leapfrog growth with historic breakthroughs in Africa. A full range of domestic heavy-duty truck models have been supplied in bulk to Nigeria, Ghana and other nations, contributing H1 business revenue of RMB 133 million.

The Cummins engine business maintained strong momentum, with H1 turnover exceeding RMB 180 million, up 38% year on year. By the end of June, 135 new sales contracts with an aggregate value of RMB 140 million were signed, fulfilling over half of the annual sales target.

Cross-border e-commerce expanded market coverage simultaneously. While consolidating client resources in Central Asia and Latin America, CNCMC newly opened up the East African market, securing cross-border export contracts valued at RMB 19 million in the first half with mass shipments of construction machinery. Its Alibaba International store has consecutively earned a Five-Star rating.

The John Deere export business adopts domestic-overseas coordination to offset overseas market volatility. Exports of tractor spare parts to Mexico and Brazil generated revenue exceeding RMB 42 million. The business has extended to construction machinery components, with relevant products delivered to Brazil in bulk.

In the second half of the year, CNCMC will keep exploring key overseas BRI markets, especially Africa, Latin America and Central Asia. It will continuously optimize its export product portfolio, align online and offline channels, resolve operational bottlenecks and unlock new growth drivers to fully pursue the annual operational goals.

Post time: Jul-16-2026