History

1943-1988 TOUGH TIMES
1989-1998 EXPLORATION
1999-NOW REFORM
1943-1988
TOUGH TIMES

The pacesetter walked arduously but steadily against all odds and assisted the motherland in overcoming difficulties with his self-reliance, courage, and wisdom. 

XCMG has shouldered the mission of leading the rapid development of China's industrial machinery industry.

  • 1943

    In 1943, XCMG's predecessor, the Huaxing Iron Factory (The Eighth Route Army Lunan 8th Arsenal), was founded.

    <p>In 1943, XCMG's predecessor, the Huaxing Iron Factory (The Eighth Route Army Lunan 8th Arsenal), was founded.</p>
  • 1957

    In 1957, XCMG successfully completed the trial production of its first tower crane, marking the company's first step into the construction machinery industry. 

    <p>In 1957, XCMG successfully completed the trial production of its first tower crane, marking the company's first step into the construction machinery industry. </p>
  • 1960

    In 1960, XCMG successfully developed China’s first 10t steam roller.

    <p>In 1960, XCMG successfully developed China’s first 10t steam roller.</p>
  • 1963

    In 1963, XCMG successfully developed China’s first 5t crane truck. 

    <p>In 1963, XCMG successfully developed China’s first 5t crane truck. </p>
  • 1976

    In 1976, XCMG successfully developed China’s first QY16t full-hydraulic crane truck.

    <p>In 1976, XCMG successfully developed China’s first QY16t full-hydraulic crane truck.</p>
  • 1982

    In 1982, XCMG successfully developed China’s first CA25 full-hydraulic single-drive single-wheel vibratory roller. 


    <p>In 1982, XCMG successfully developed China’s first CA25 full-hydraulic single-drive single-wheel vibratory roller. </p><p><br/></p>
1989-1998
EXPLORATION
Along the way, the courage to do the reform of explorers and pioneer; In an era of change, becoming the cornerstone of the country's reform and opening up of the firm; Xugong, this responsibility, the pedestrian boulevard, National Cheng Kung University, on the world stage blooming splendor, grand and majestic.
  • 1989

    XCMG was officially founded in 1989 and was the industry’s first corporate group.

    <p>XCMG was officially founded in 1989 and was the industry’s first corporate group.</p>
  • 1989

    That year, XCMG successfully developed China’s first high-grade asphalt paver.

    <p>That year, XCMG successfully developed China’s first high-grade asphalt paver.</p>
  • 1995

    In 1995, XCMG successfully developed a 160t all-terrain crane, which was Asia's largest.

    <p>In 1995, XCMG successfully developed a 160t all-terrain crane, which was Asia's largest.</p>
  • 1996

    In 1996, XCMG was listed on the Shenzhen Stock Exchange.


    <p>In 1996, XCMG was listed on the Shenzhen Stock Exchange.</p><p><br/></p>
1999-NOW
REFORM
  • 1999

    In 1999, a new leadership team took over XCMG and implemented the “Seven Special Governance Items” to strengthen discipline and curb waste, which heralded a new chapter in XCMG's development.

    <p>In 1999, a new leadership team took over XCMG and implemented the “Seven Special Governance Items” to strengthen discipline and curb waste, which heralded a new chapter in XCMG's development.</p>
  • 2000

    In 2000, XCMG deepened reforms in the areas of employment, personnel, and wages and pushed ahead with a series of reform measures, including a debt-to-equity swap, refocus on primary business, and structural optimization.

    <p>In 2000, XCMG deepened reforms in the areas of employment, personnel, and wages and pushed ahead with a series of reform measures, including a debt-to-equity swap, refocus on primary business, and structural optimization.</p>
  • 2000

    XCMG pressed ahead with the “Chairman's No. 1 Program,” and successfully developed the ZL50G, an iconic third-generation Chinese loader.

    <p>XCMG pressed ahead with the “Chairman's No. 1 Program,” and successfully developed the ZL50G, an iconic third-generation Chinese loader.</p>
  • 2002

    In 2002, XCMG successfully developed the first Chinese developed all-terrain crane, the QAY25.

    <p>In 2002, XCMG successfully developed the first Chinese developed all-terrain crane, the QAY25.</p>
  • 2003

    In 2003, XCMG became the leading Chinese construction machinery company with operating revenue and sales revenue both in excess of RMB 10 billion.

    <p>In 2003, XCMG became the leading Chinese construction machinery company with operating revenue and sales revenue both in excess of RMB 10 billion.</p>
  • 2006

    In 2006, the foundations were laid for XCMG's Chongqing Construction Machinery Base, marking a crucial step in achieving XCMG's strategic domestic and overseas layout.

    <p>In 2006, the foundations were laid for XCMG's Chongqing Construction Machinery Base, marking a crucial step in achieving XCMG's strategic domestic and overseas layout.</p>
  • 2009

    In 2009, XCMG listed on the stock exchange, which helped it out of the strategic difficulties it had faced over the previous four years due to a restructuring as a result of cooperation with Carlyle Group.

    <p>In 2009, XCMG listed on the stock exchange, which helped it out of the strategic difficulties it had faced over the previous four years due to a restructuring as a result of cooperation with Carlyle Group.</p>
  • 2011

    In 2011, XCMG‘s ET110 walking mountain excavator received second prize in the National Award for Progress in Science and Technology.

    <p>In 2011, XCMG‘s ET110 walking mountain excavator received second prize in the National Award for Progress in Science and Technology.</p>
  • 2011

    XCMG launched the “Hanfeng Program” reform campaign in order to establish a control model for strategic operations management as well as a five-sector platform.

    <p>XCMG launched the “Hanfeng Program” reform campaign in order to establish a control model for strategic operations management as well as a five-sector platform.</p>
  • 2011

    That year, XCMG was named one of the top five construction machinery manufacturers in the world.

    <p>That year, XCMG was named one of the top five construction machinery manufacturers in the world.</p>
  • 2012

    In 2012, XCMG successfully developed the world's largest tonnage all-terrain crane, the XCA5000, which featured the most advanced technical components.

    <p>In 2012, XCMG successfully developed the world's largest tonnage all-terrain crane, the XCA5000, which featured the most advanced technical components.</p>
  • 2012

    In addition, the largest mining dump truck in the world, the DE400, successfully rolled off the production line at XCMG.

    <p>In addition, the largest mining dump truck in the world, the DE400, successfully rolled off the production line at XCMG.</p>
  • 2012

    XCMG ranked top in the world mobile crane industry.

    <p>XCMG ranked top in the world mobile crane industry.</p>
  • 2012

    XCMG purchased German company Schwing, a leader in the global concrete machinery industry.

    <p>XCMG purchased German company Schwing, a leader in the global concrete machinery industry.</p>
  • 2012

    XCMG simultaneously opened four large industrial bases were put into running simultaneously and became an international leader in advanced lean manufacturing capabilities.

    <p>XCMG simultaneously opened four large industrial bases were put into running simultaneously and became an international leader in advanced lean manufacturing capabilities.</p>
  • 2012

    Jiangsu Xuzhou Construction Machinery Research Institute was founded with total investment of RMB 1 billion so XCMG could gradually build a global R&D system.

    <p>Jiangsu Xuzhou Construction Machinery Research Institute was founded with total investment of RMB 1 billion so XCMG could gradually build a global R&D system.</p>
  • 2012

    XCMG became the first company in the industry to achieve operating revenue of over RMB 100 billion.

    <p>XCMG became the first company in the industry to achieve operating revenue of over RMB 100 billion.</p>
  • 2013

    In 2013, XCMG’s independently developed 4,000t crawler crane, reputed as “The World No.1 Crane,” successfully completed its first lifting operation.

    <p>In 2013, XCMG’s independently developed 4,000t crawler crane, reputed as “The World No.1 Crane,” successfully completed its first lifting operation.</p>
  • 2013

    The XCMG Europe Research Center was founded in Dusseldorf, Germany, bringing together high-end technical talent from all over the world.

    <p>The XCMG Europe Research Center was founded in Dusseldorf, Germany, bringing together high-end technical talent from all over the world.</p>
  • 2014

    In 2014, the XCMG Brazil Production Base, the company's first overseas wholly-funded production base, was completed and put into operation.

    <p>In 2014, the XCMG Brazil Production Base, the company's first overseas wholly-funded production base, was completed and put into operation.</p>