About us History
  • 1943-1988
    Hard days
  • 1989-1998
    Reform and exploration
  • 1999-2008
    Innovative progress
  • Since 2009 to date
    Transformation and upgrading
Hard days 1943-1988

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. 

Reform and exploration 1989-1998

On the way forward, XCMG has always been the explorer and pioneer of reform, Taking Great Responsibilities, Acting with Great Morals, and Making Great Achievements.

Innovative progress 1999-2008

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

Transformation and upgrading Since 2009 to date

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

Since 2009 to date
  • 1943

    In 1943, Huaxing Iron Works (arsenal of the national army in southern Shandong province), the predecessor of XCMG, was born.

  • 1957

    In 1957, XCMG began to step into the construction machinery industry by successfully producing the first tower crane.

  • 1960

    In 1960, XCMG developed China's first steam roller of 10 tons.

  • 1963

    In 1963, XCMG developed China's first truck crane of five tons.

  • 1976

    In 1976, XCMG developed China's first QY full hydraulic truck crane of 16 tons.

  • 1982

    In 1982, XCMG developed China's first CA25 full hydraulic single-cylinder vibratory wheel roller.

  • 1989

    In 1989, XCMG group was formally established and became the first group company in the industry.

  • 1989

    XCMG developed the first high-grade pitch paver in China.

  • 1995

    In 1995, XCMG developed Asia's largest all-terrain crane of 160 tons.

  • 1996

    In 1996, XCMG was listed on the Shenzhen Stock Exchange

  • 1999

    In 1999, From the very start, the newly-elected executives of XCMG had focused on the “Seven special campaigns” to practice strict economy and curb extravagance, opening a new chapter in the development of XCMG.

  • 2000

    In 2000, XCMG deepened the reform of "employment, HR, and wages" and vigorously promoted a series of reform measures like debt-to-equity swaps, core business centering, and structural optimization.

  • 2000

    XCMG advanced the "Chairman No. 1 Project" and developed ZL50G, the iconic product of China's third-generation loader.

  • 2002

    In 2002, XCMG developed China's first QAY25 all-terrain crane with independent intellectual property rights.

  • 2003

    In 2003, XCMG became the first in China's construction machinery industry, with more than 10 billion yuan in both operating and sales revenue.

  • 2006

    In 2006, With the laying of the foundation of Chongqing Construction Machinery Construction Base, XCMG took an essential step towards its strategic layout at home and abroad.

  • 2009

    In 2009, Thanks to the listing of XCMG Machinery, XCMG came out of the strategic dilemma caused by the cooperation with Carlyle Group in the previous four years.

  • 2011

    In 2011, XCMG ET110 walking excavator won the Second Prize in the National Science and Technology Progress Award.

    XCMG launched the reform action of the "Hanvan Plan" to build a strategic management control model and five business units.

    XCMG scrambled into the top 5 of the global construction machinery industry.

  • 2012

    In 2012, XCMG successfully developed the XCA5000 all-terrain crane with the largest tonnage and highest technical standard in the world.

    The world's largest DE400 mining dumper successfully rolled off the assembly line of XCMG.

    XCMG came top in the global mobile crane industry.

    XCMG acquired SCHWING, a global leader in concrete machinery.

    In 2012, With the opening of its four industrial bases at the same time, XCMG had gradually formed a world-class lean manufacturing quality capability.

    With an investment of 1 billion yuan, XCMG Construction Machinery Research Institute was completed, enabling XCMG to gradually build a research and development system that radiates the world.

    XCMG took the lead in breaking through operating income of 100 billion yuan in the industry.

  • 2013

    In 2013, The European Research Center of XCMG in Dusseldorf, Germany, was completed, bringing together a group of global high-end technical talents.

    XCMG 4,000-ton crawler crane, the world's No.1 crane, operated for the first time in Yantai, China.

  • 2014

    In 2014, XCMG's first overseas wholly-owned production base - The Brazilian manufacturing base was completed and put into operation.

  • 2015

    In 2015, The new manufacturing base of XCMG was put into production, and the first "Hanvan" heavy truck was rolled off the production line.

  • 2016

    In 2016, XCMG built the first industrial cloud platform and became Predix, opened to and shared by industrial fields in China.

    XCMG released the golden standard of “Leading Technology and Everlasting Products" at Shanghai Bauma 2016.

  • 2017

    In 2017, President Xi Jinping visited XCMG on Dec. 12.

  • 2018

    In 2018, XCMG 700-ton hydraulic excavator, the "Chinese No.1 excavator", rolled off the production line.

  • 2019

    In 2019, XCMG XCA1600 all-terrain crane successfully completed the offshore wind power installation of the world's highest 140 meters.

  • 2021

    In 2021, The launch of XCMG India goes into production, and XCMG excavators are exported globally for the first time.

    The launch of XCMG USA and its subsidiaries accelerated a localized research, production, supply, sales, and financing system.

    The launch of XCA1800 and XCC2000, two of the world’s largest thousand-ton cranes.

  • 2022

    In 2022, XCMG has been rated as the world's top 3 in the Yellow Table list for two consecutive years

    XCMG launches the world’s largest rear-drive rigid mine with a load of 400 tons.

    XCMG launches the world’s largest tower crane, XGT15000-600S.

    XCMG's export destinations have increased to 191 countries and districts.