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      History
      History
      Since foundation in March 1943, XCMG has always kept its leading role in Chinese construction machinery industry.
      Home / 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.
      • 1943
        In 1943, Huaxing Iron Works (arsenal of the national army in southern Shandong province), predecessor of XCMG, was born.
        In 1943, Huaxing Iron Works (arsenal of the national army in southern Shandong province), predecessor of XCMG, was born.
      • 1957
        In 1957, XCMG began to step into the construction machinery industry with the successful production of the first tower crane.
        In 1957, XCMG began to step into the construction machinery industry with the successful production of the first tower crane.
      • 1960
        In 1960, XCMG developed China's first steam roller of 10 tons.
        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.
        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.
        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.
        In 1982, XCMG developed China's first CA25 full hydraulic single-cylinder vibratory wheel roller.
      • 1989
        XCMG group was formally established and became the first group company in the industry.
        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.
        XCMG developed the first high-grade pitch paver in China.
      • 1995
        XCMG developed the largest all-terrain crane of 160 tons in Asia.
        XCMG developed the largest all-terrain crane of 160 tons in Asia.
      • 1996
        In 1996, XCMG was listed on the Shenzhen Stock Exchange
        In 1996, XCMG was listed on the Shenzhen Stock Exchange
      • 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.
        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
        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 deepened the reform of XCMG advanced the "Chairman No. 1 Project" and developed ZL50G, the iconic product of China's third-generation loader.
        XCMG advanced the
      • 2002
        XCMG developed China's first QAY25 all-terrain crane with independent intellectual property rights.
        XCMG developed China's first QAY25 all-terrain crane with independent intellectual property rights.
      • 2003
        XCMG became the first in China's construction machinery industry with more than 10 billion yuan in both operating revenue and sales revenue.
        XCMG became the first in China's construction machinery industry with more than 10 billion yuan in both operating revenue and sales revenue.
      • 2006
        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.
        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.
      • 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.
        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
        XCMG ET110 walking excavator won the Second Prize of National Science and Technology Progress Award.
        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 launched the reform action of XCMG scrambled into top 5 of the global construction machinery industry.
        XCMG scrambled into top 5 of the global construction machinery industry.
      • 2012
        XCMG successfully developed XCA5000 all-terrain crane with the largest tonnage and highest technical standard in the world.
        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.
        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 came top in the global mobile crane industry.  XCMG acquired SCHWING, a global leader in concrete machinery.
        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 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.
        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.
        XCMG took the lead in breaking through operating income of 100 billion yuan in the industry.
      • 2013
        The European Research Center of XCMG in Dusseldorf, Germany was completed, bringing together a group of global high-end technical talents.
        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 4,000-ton crawler crane, the world's No.1 crane, operated for the first time in Yantai, China.
      • 2014
        XCMG's first overseas wholly-owned production base - The Brazilian manufacturing base was completed and put into operation.
        XCMG's first overseas wholly-owned production base - The Brazilian manufacturing base was completed and put into operation.
      • 2015
        The new manufacturing base of XCMG was put into production and the first "Hanvan" heavy truck was rolled off the production line.
        The new manufacturing base of XCMG was put into production and the first
      • 2016
        XCMG built the first industrial cloud platform and became Predix opened to and shared by industrial fields in China.
        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.
        XCMG released the golden standard of “Leading Technology and Everlasting Products
      • 2017
        President Xi Jinping visited XCMG on Dec. 12.
        President Xi Jinping visited XCMG on Dec. 12.
      • 2018
        XCMG 700-ton hydraulic excavator, the "Chinese No.1 excavator", rolled off the production line.
        XCMG 700-ton hydraulic excavator, the
      • 2019
        XCMG XCA1600 all-terrain crane successfully completed the offshore wind power installation of the world's highest 140 meters.
        XCMG XCA1600 all-terrain crane successfully completed the offshore wind power installation of the world's highest 140 meters.
      • 2021
        The launch of XCMG India goes into production, and XCMGexcavators are exported globally for the first time.
        The launch of XCMG India goes into production, and XCMGexcavators are exported globally for the first time. The launch of XCMG USA and its subsidiaries, accelerating a localized research, production, supply, sales and financing system.
        The launch of XCMG USA and its subsidiaries, accelerating a localized research, production, supply, sales and financing system. The launch of XCA1800 and XCC2000, two of the world’s largest thousand-ton cranes.
        The launch of XCA1800 and XCC2000, two of the world’s largest thousand-ton cranes.
      • 2022
        XCMG has been rated as world top 3 in the Yellow Table list for two consecutive years
        XCMG has been rated as world 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 rear-drive rigid mine with a load of 400 tons. XCMG launches the world’s largest tower crane, XGT15000-600S.
        XCMG launches the world’s largest tower crane, XGT15000-600S. XCMG's export destinations increase to 191 countries and districts.
        XCMG's export destinations increase to 191 countries and districts.
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