XCMG Group's Heavy Truck Production Base is located in Xuzhou High-tech Industrial Development Zone. The total planned land area is over 3,000 mu, and the project will be implemented in two phases. The first phase covers an area of 1,382.26 mu, with a construction area of approximately 500,000 square meters. The total investment is nearly 4 billion yuan. It is expected to be officially put into production in the first quarter of 2014, forming an annual production capacity of 60,000 heavy trucks and 80,000 construction machinery cabs. In 2015, the second phase will be initiated, focusing on the development of core components for automobiles and construction machinery on the remaining 1,600-plus mu of land, aiming to achieve a sales target of over 10 billion yuan within about three years.