XCMG was founded in March 1989, established 22 years ago remain the vanguard of China's construction machinery industry, the status of construction machinery industry is currently ranked No. 7, 500 enterprises in China No. 125, China's manufacturing industry 500 Strong No. 55, is the largest Chinese construction machinery industry, product variety and series of the most complete, most competitive and influential conglomerates.
XCMG annual revenues of 386 million yuan by the establishment, development in 2010 of $ 66 billion in China Construction Machinery Industry top.
XCMG has established a national technology center and Xuzhou Construction Machinery Research Institute as the core R & D system, Xugong Technology Center Technology Center in the evaluation of state-owned enterprises continue engineering machinery industry ranked first, by the National Development and Reform Commission Science and Technology and other five ministries jointly awarded the "National Technology Center Achievement Award." Established a marketing network covering the whole country, more than 100 foreign agents XCMG users worldwide with a full range of marketing services, XCMG products have been sold to more than 130 countries and regions. Class 9 Class 3 key parts of the host and home country market share in the first place. Category 5 host exports and domestic exports continued among the industry's first one.
XCMG adhering to the "on this responsibility, promenade, National Cheng Kung University," the core values and the "strict, practical, motivated, innovative" spirit of enterprise. Has won the "National Labor Award", the national machinery industry civilized units and other honors. CPC Central Committee Organization Department's party was named "National advanced grass-roots party organizations." XCMG has relief, construction Xugong Hope Primary School and other public welfare donations 60.75 million yuan, 14.9 million pieces of donated clothing, Ministry of Civil Affairs has been awarded the "China Charity Award", was the CPC Central Committee, the State Council awarded the "National Hero of collective relief."
XCMG's corporate vision is to become a very international competitiveness, so that people proud of world-class companies. XCMG's strategic goal is to achieve 2012 revenues of 100 billion yuan into the construction machinery industry, the world's top five.