XCMG Group, formerly known as Huaxing Ironworks founded in 1943, was formally established as a group in 1989. It is a founder, pioneer, and leader in China’s construction machinery industry, and a globally competitive and influential enterprise with assets exceeding 100 billion yuan. The company’s main indicators consistently rank first in China’s construction machinery industry, third globally for three consecutive years, and among the “World’s 500 Most Valuable Brands” for four consecutive years.
The company’s business scope includes construction machinery, mining machinery, agricultural machinery, sanitation machinery, emergency rescue equipment, commercial vehicles, and modern service industries. Its products are exported to more than 190 countries and regions, covering more than 95% of the countries and regions along the “Belt and Road”.