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 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 of “supply the world with Chinese equipment” with the profound change from the “Golden Decade” to the “New Era of high-quality development”.
In 1943, Huaxing Iron Works (arsenal of the national army in southern Shandong province), predecessor of XCMG, was born.
In 1957, XCMG began to step into the construction machinery industry with the successful production of the first tower crane.
In 1960, XCMG developed China's first steam roller of 10 tons.
In 1963, XCMG developed China's first truck crane of five tons.
In 1976, XCMG developed China's first QY full hydraulic truck crane of 16 tons.
In 1982, XCMG developed China's first CA25 full hydraulic single-cylinder vibratory wheel roller.
XCMG group was formally established and became the first group company in the industry.
XCMG developed the first high-grade pitch paver in China.
XCMG developed the largest all-terrain crane of 160 tons in Asia.
In 1996, XCMG was listed on the Shenzhen Stock Exchange
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.
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.
XCMG advanced the "Chairman No. 1 Project" and developed ZL50G, the iconic product of China's third-generation loader.
XCMG developed China's first QAY25 all-terrain crane with independent intellectual property rights.
XCMG became the first in China's construction machinery industry with more than 10 billion yuan in both operating revenue and sales revenue.
With the laying of the foundation of Chongqing Construction Machinery Construction Base, XCMG took an important step towards its strategic layout at home and abroad.
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.
XCMG ET110 walking excavator won the Second Prize of National Science and Technology Progress Award.
XCMG launched the reform action of "Hanvan Plan" to build a strategic management control model and five business units.
XCMG scrambled into top 5 of the global construction machinery industry.
XCMG successfully developed 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.
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.
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.
XCMG's first overseas wholly-owned production base - The Brazilian manufacturing base was completed and put into operation.
The new manufacturing base of XCMG was put into production and the first "Hanvan" heavy truck was rolled off the production line.
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.
President Xi Jinping visited XCMG on Dec. 12.
XCMG 700-ton hydraulic excavator, the "Chinese No.1 excavator", rolled off the production line.
XCMG XCA1600 all-terrain crane successfully completed the offshore wind power installation of the world's highest 140 meters.