Fortune China 500 Summit highlights XCMG and Huitongda Network

The 2026 Fortune China 500 Summit was held in Chengdu on October 22, focusing on the theme of ‘Renewing Competitiveness’. The event brought together business leaders, entrepreneurs, and scholars to discuss strategies for enhancing corporate strength.

XCMG Machinery maintained its position as the leading Chinese construction machinery company, ranking 202nd on the Fortune China 500 list, a rise of 10 places from the previous year. The company also remains the sole construction machinery firm on the Fortune China ESG Impact List, highlighting its focus on green manufacturing and low-carbon supply chains. Additionally, XCMG was recognized as a ‘Best Employer’ by Forbes China.

Huitongda Network secured its place on the Fortune China 500 list for the fifth consecutive year, ranking 303rd. The company reported strong interim results for the first half of 2026, with revenue reaching RMB23.58 billion. Huitongda is currently undergoing a strategic transformation, expanding into AI technology and fast-moving consumer goods (FMCG) retail chains through its ‘Qiancheng Cloud AI Large Model’.