Brazil Agrishow was held in the state of Sao Paulo

Recently, the Agrishow was held in the state of Sao Paulo, showcasing the cutting-edge technological innovations in agricultural machinery and engineering construction.

Agrishow is the largest and most important agricultural technology trade exhibition in Brazil and one of the world's largest agricultural technology trade fairs. The exhibition area is 520000 square meters, and 160000 professionals from around the world gathered together with over 800 mechanical brands. XCMG has launched 11 high-end products, including XE27U hydraulic excavator, XT804 tractor, XGA4254BEV electric tractor, XCB-L25 forklift, XGA20ACE high-altitude operation platform, covering multiple agricultural supporting scenarios such as farm construction, water conservancy, and landscaping.

At the exhibition site, a continuous stream of customers came to watch, test drive, and negotiate, and customers praised the detailed design of XCMG products endlessly. Especially the XT804 agricultural tractor, which entered the South American market for the first time, became popular and shone brightly upon its release, winning high praise from a large number of agricultural customers! At this exhibition, XCMG not only showcased advanced product technology, but also brought financing assistance to customers. XCMG Brazil Bank has provided more favorable financial policies to Brazilian farmers and opened up a wide range of "financial activities".

High quality international financial services are also another highlight of XCMG's competition in the South American market. Since its establishment, XCMG Brazil Bank has continuously assisted in the development of its main business, providing customers with the most favorable purchasing experience with its flexible payment cycles, super value financing interest rates, and many other advantages. At this exhibition, XCMG also introduced exclusive financial services related to the agricultural market, achieving good market results.

According to data from the Brazilian Ministry of Agriculture, Livestock and Supply, Brazil's total grain production in 2022 reached 263.2 million tons, an increase of 3.9% compared to 2021, reaching a historic high. The harvested area of grain crops was 73.2 million hectares, an increase of 6.8% compared to 2021. Agricultural cooperation between Brazil and China is highly complementary, making it one of the most solid and dynamic areas of cooperation between the two countries, with great development prospects.