Founded in 1943 as Huaxing Factory, XCMG was the first group company established in China's construction machinery industry in 1989. As the pioneer, founder, and leader of China's engineering machinery sector, XCMG is a leading enterprise with global competitiveness and influence in the industry, ranking among the world's top brands with revenue reaching hundreds of billions of yuan. Over its 36-year history, the Company’s key performance indicators have consistently ranked first in the construction machinery industry in China, maintaining a leading global position for multiple consecutive years. It has been the sole domestic industry representative listed in the “World's 500 Most Influential Brands” for six consecutive years, and has been also listed in the Fortune China 500 and Forbes China's Top 30 Go-International Brands, ranking first in the domestic industry in each list. XCMG is resolutely advancing our industry’s transformation towards high-end, intelligent, green, service-oriented, and globalization development, accelerating the construction of a world-class modern enterprise and scaling the peak of global equipment manufacturing.



