History
2014
In 2014, the XCMG Brazil Production Facility, the company's first fully-funded production facility abroad, was completed and put into operation.
2013
The XCMG Center for European Studies was established in Dusseldorf, Germany, bringing together high-level technical talents from around the world.
2013
In 2013, the independently developed XCMG 4,000 ton crawler crane, known as the "World's No.1 Crane", successfully completed its first lifting operation.
2012
XCMG became the first company in the industry to achieve over 100 billion yuan in operating revenue.
2012
Jiangsu Xuzhou Construction Machinery Research Institute was established with a total investment of 1 billion yuan so that XCMG could gradually build a global R&D system.
2012
XCMG simultaneously opened four major industrial facilities that were put into operation simultaneously and established itself as an international leader in advanced lean manufacturing capabilities.
2012
XCMG has acquired the German company Schwing, a leader in the global concrete machinery industry.
2012
XCMG is the leader in the mobile crane industry in the world.
2012
In 2012, XCMG successfully developed the world's largest tonnage off-road crane XCA5000 with the most advanced technical components.
2011
That year, XCMG was named one of the top five manufacturers of construction machinery in the world.
2011
XCMG launched the reform campaign “Hanfeng Program” to establish a control model for strategic operations management as well as a five-area platform.
2011
In 2011, the XCMG ET110 hiking excavator received second prize in the National Award for Science and Technology Progress.
2009
In 2009, XCMG was listed on the stock exchange, helping the company get rid of the strategic difficulties it had faced in the previous 4 years due to the restructuring process due to the cooperation with Carlyle Group.
2006
In 2006, the foundation was laid for XCMG's Chongqing Construction Machinery Facility, marking an important step in achieving XCMG's strategic domestic and overseas location.
2003
In 2003, XCMG became China's leading construction machinery company, with operating and sales revenue both exceeding 10 billion yuan.
2002
In 2002, XCMG successfully developed the first Chinese-developed all-terrain crane, the QAY25.
2000
XCMG started with the “President's No.1 Program” and successfully developed the ZL50G, an iconic Chinese third-generation loader.
2000
In 2000, XCMG made sweeping reforms in the employment, human resources and wage sectors and pushed for a series of reform measures, including a debt-to-equity swap, a refocusing on the business main and optimize the structure.
1999
In 1999, a new leadership team took over XCMG and implemented the “Seven Special Administrations” to strengthen discipline and reduce waste, which heralded a new chapter in XCMG's development.
1989
XCMG was officially established in 1989 and was the first group of companies in the industry.
1989
That year, XCMG successfully developed China's first high-end asphalt paver.
1995
In 1995, XCMG successfully developed the 160 ton all-terrain crane, which is the largest crane in Asia.
1996
In 1996, XCMG was listed on the Shenzhen Stock Exchange.
1982
In 1982, XCMG successfully developed China's first CA25 hydraulic single-drive single-wheel vibrating roller.
1976
In 1976, XCMG successfully developed China's first QY16t hydraulic crane truck.
1963
In 1963, XCMG successfully developed China's first 5-ton crane truck.
1960
In 1960, XCMG successfully developed China's first 10-ton steam roller.
1957
In 1957, XCMG successfully completed trial production of its first tower crane, marking the company's first foray into the construction machinery industry.
1943
In 1943, the forerunner of XCMG, the Huaxing Iron Factory (8th Armory of the Lunan Army), was established.
