According to KHL's Yellow Table, XCMG ranks No. 8 in the world construction machinery industry in 2014. According to the rank of Top50 Summit of World Construction Machinery Industry, XCMG ranks No. 5 in the world.
At present, XCMG is a large state-owned international corporation with the most complete range of products and over 30, 000 employees operating in China, America, Germany, Netherlands, Poland, India, Brazil and Uzbekistan.
The goal of XCMG is to become a leading world-class enterprise with great value creativity.
In 1943, XCMG's predecessor, the Huaxing Iron Factory (The Eighth Route Army Lunan 8th Arsenal), was founded.
In 1957, XCMG successfully completed the trial production of its first tower crane, marking the company's first step into the construction machinery industry.
In 1960, XCMG successfully developed China's first 10t steam roller.
In 1963, XCMG successfully developed China's first 5t crane truck.
In 1976, XCMG successfully developed China's first QY16t full-hydraulic crane truck.
In 1982, XCMG successfully developed China's first CA25 full-hydraulic single-drive single-wheel vibratory roller.