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History
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History

History
Hard days

Being a trailblazer walking through the hard days in a stern and steady manner, XCMG has taken the lead in the development of Chinese construction machinery industry.

1943-1988
  • 1943
    In 1943, XCMG's founding can be traced back to Huaxing Iron Factory.
    1943
  • 1957
    In 1957, The company completes trial production of its first tower crane. This paves the way for the start of XCMG's construction machinery business.
    1957
  • 1960
    In 1960, The company develops China's first 10t steamroller.
    1960
  • 1963
    In 1963, The company develops China's first 5t truck crane.
    1963
Reform and exploration

Being a trailblazer walking through the hard days in a stern and steady manner, XCMG has taken the lead in the development of Chinese construction machinery industry.

1989-1998
  • 1992
    In 1992, XCMG is the first and only Chinese company to participate in the world's largest construction machinery exhibition Bauma in Munich, Germany.
    1992
  • 1996
    In 1996, XCMG is listed on the Shenzhen Stock Exchange.
    1996
Innovative progress

As a vigorous fighter with firm vision and lofty ideal, XCMG, a world-class enterprise in the pride of Chinese people and the respect of the world.

1999-2008
  • 2003
    In 2003, XCMG becomes the first group in China's machinery industry with both revenue and sales exceeding 10 billion RMB (about 1.5 billion USD).
    2003
  • 2008
    In 2008, XCMG wins the China Charity award for its massive disaster-relief efforts.
    2008
Transformation and upgrading Since

XCMG has written a new chapter of “supply the world with Chinese equipment” with the profound change from the “Golden Decade” to the “New Era of high-quality development”.

2009-Now
  • 2009
    In 2009, XCMG's city of origin, Xuzhou, is named, “China Construction Machinery Capital” because of XCMG's reputation and contribution.
    2009
  • 2010
    In 2010, XCMG is honored as the National Heroic Group for Disaster Relief.
    2010
  • 2011
    In 2011, XCMG ranks in the top 5 in the global construction machinery industry.
    XCMG acquires AMCA (Netherlands) and Fluitronics GmbH (Germany), two hydraulic technology providers.
    2011
  • 2012
    In 2012, XCMG ranks NO. 1 in the global mobile crane industry.
    XCMG merges with German global leading concrete machinery company, Schwing GmbH.
    2012
  • 2013
    In 2013, XCMG Europe GmbH, XCMG European Research Center GmbH, and XCMG Europe Purchasing Centre GmbH begin operations.
    XCMG wins the Best Investment Award of 2013 from the North Rhine Westphalia State of Germany.
    2013
  • 2013
    In 2013, XCMG independently develops and produces the world's first 4,000t crawler crane, winning several world records.
    2013
  • 2014
    In 2014, XCMG opens a research center in the United States.
    2014
  • 2014
    In 2014, XCMG invests 200 million USD to build its first wholly-owned overseas manufacturing base, XCMG Brazil, and wins the Best Business award from Pouso Alegre, Brazil.
    2014
  • 2016
    In 2016, XCMG carries out global actions in five areas of public welfare: education, disaster relief, poverty relief, industry growth and environmental protection.
    2016
  • 2018
    In 2018, XCMG launches the 700-ton hydraulic excavator, the first excavator in China.
    2018
  • 2022
    In 2022, XCMG launches the world's largest rear-drive rigid mine with a load of 400 tons.
    2022
  • 2022
    In 2022, XCMG's export destinations increase to 187 countries and districts.
    The launch of XCMG USA and its subsidiaries, accelerating a localized research, production, supply, sales and financing system.
    2022
  • 2022
    In 2022, XCMG launches the world's largest tower crane, XGT15000-600S.
    2022
  • 2022
    In 2022, The launch of XCA1800 and XCC2000, two of the world's largest thousand-ton cranes.
    For the third year in a row,XCMG is the only global brand of China's largest 500 companies.
    2022
  • 2023
    In 2023, XCMG, is ranked among the top three original equipment manufacturers (OEMs) in the world for the third consecutive year, according to the Yellow Table published by KHL Group.
    2023
  • 2023
    In 2023, XCMG Digitization and Intelligence of "Chairman-di-rected Project No. 1" kick-off meeting was held, releasing the "6+6" development plan.
    2023
  • 2023
    In 2023, XCMG established its second high-end machinery factory in Ciénega de Flores, Nuevo LeonMexico, with an investment of $80 million, the new facility is set to create 300 jobs and aims for a localization rate of over 50% with integrated local industry chain institutions.
    2023
  • 2023
    In 2023, XCMG International Business Headquarters and Fourteen Regions of the World were established, marking another stride in building the internationalized "1+14+N"operational system.
    2023
  • 2024
    In 2024, XCMG delivered China's self-developed the world's largest tonnage and strongest lifting capacity of the first 11-axle wheeled crane "the world's first crane" XCMG XCA4000, and has successfully completed its first lift at a 200MW wind farm in Hengshui, China.
    2024
Hard days
Reform and exploration
Innovative progress
Transformation and upgrading Since
Xuzhou Construction Machinery Group Global
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