History

History

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1943-1988
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
1943
XCMG’s founding can be traced back to Huaxing Iron Factory.
1957
1957
The company completes trial production of its first tower crane.
1960
1960
The company develops China’s first 10t steamroller.
1963
1963
The company develops China’s first 5t truck crane.
1989-1998
REFORM AND EXPLORATION
Seizing the opportunity of China’s reform and opening-up, XCMG accelerates its market-oriented transformation and explores international development.
1992
1992
XCMG is the first and only Chinese company to participate in bauma.
1996
1996
XCMG is listed on the Shenzhen Stock Exchange.
1999-2008
INNOVATIVE PROGRESS
With continuous technological innovation, XCMG achieves rapid growth and establishes its leading position in the industry.
2003
2003
XCMG becomes the first group in China’s machinery industry with both research institute and national key laboratory.
2008
2008
XCMG wins the China Charity award for its massive disaster-relief efforts.
2009-NOW
TRANSFORMATION AND UPGRADE
XCMG accelerates digitalization, intelligent manufacturing and globalization, moving towards a world-class enterprise.
2009
2009
Xuzhou is named “China Construction Machinery Capital”.
2010
2010
XCMG is honored as the National Heroic Group for Disaster Relief.
2011
2011
XCMG ranks in the top 5 in the global construction machinery industry.
2012
2012
XCMG ranks NO.1 in the global mobile crane industry. XCMG merges with Schwing Stetter.
2013
2013
XCMG Europe GmbH and European Research Center are founded in Germany.
2013
2013
XCMG independently develops the world’s first 4,000t crawler crane.
2014
2014
XCMG opens a research center in the United States.
2014
2014
XCMG invests 200 million USD to build its first wholly-owned overseas manufacturing base in Brazil.
2016
2016
XCMG carries out global actions in five areas of public welfare.
2018
2018
XCMG launches the 700-ton hydraulic excavator, the first excavator in China with such tonnage.
2022
2022
XCMG launches the world’s largest rear-drive rigid mine truck with a load of 440 tons.
2022
2022
XCMG’s export destinations increase to 187 countries and districts.
2022
2022
XCMG launches the world’s largest tower crane, XGT15000-600S.
2022
2022
The launch of XCA1800 and XCC2000, two of the world’s largest thousand-ton all-terrain cranes.
2023
2023
XCMG is ranked among the top three OEMs in the global construction machinery industry.
2023
2023
XCMG Digitization and Intelligence of “Chairman-directed Project No. 1” is launched.
2023
2023
XCMG established its second high-end machinery factory in Ciénega de Flores, Mexico.
2023
2023
XCMG International Business Headquarters and Fourteen Regions of the World are established.
2024
2024
XCMG delivered China’s self-developed world’s largest tonnage mining machinery products.