(Yicai) May 24 -- XCMG Construction Machinery welcomed more than 1,200 visitors from countries such as Australia, Brazil, and Thailand to its international client festival. They bought an array of products from the Chinese heavy machinery supplier, including the world’s strongest wheeled crane.

A Brazilian client told Yicai that the XCA3000, a 3,000-tonnage crane, that the company bought at XCMG’s sixth annual international customer festival can be used to install wind power turbines under 10 megawatts, meeting local market needs over the next 10 years.

Xuzhou-based XCMG customizes its products to suit conditions in Southeast Asia, which can be mountainous, humid, windy, and hot, according to a client from Thailand. The products offer stable operation, high efficiency, strong adaptability to different working conditions, and high cost-efficiency, the person said.

An Australian customer said that to a large extent their country's need for engineering machinery is determined by the mining industry, but demand is also influenced by the US stock market to some extent. Overall, the trend is upward, they said.

XCMG is becoming more profitable and international. It had a net profit of CNY5.3 billion (USD731.6 million) last year, a 24 percent year-on-year gain, with a 1 percent decline in operating income to CNY92.8 billion (USD12.8 billion). Overseas revenue jumped 34 percent to CNY37.2 billion, or 40 percent of the total.

Major Chinese excavator makers sold more than 18,800 units last month, up 0.3 percent from a year earlier, according to figures from the China Construction Machinery Association. Such exports tallied 8,040 units, down 13 percent, but made up almost 43 percent of the total.

Though first-quarter sales of traditional machinery such as excavators and forklifts grew slowly, emerging segments such as mining machinery, aerial work platforms, and industrial vehicles expanded quickly, driving business growth at XCMG and Zoomline Heavy Industry Science and Technology, Soochow Securities said in a research note following their earnings results.

Editors: Zhang Yushuo, Emmi Laine