XCMG Group

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Enterprise Overview

Established in 1943 and headquartered in Xuzhou, Jiangsu, XCMG Group is a global leader in construction machinery, renowned for its innovation and manufacturing prowess. It designs and produces a wide range of equipment, including cranes, excavators, loaders, and concrete machinery. Leveraging advanced technologies like 5G and industrial internet, XCMG has transformed its operations into a "smart manufacturing 4.0" model, with its 5G-enabled smart factory recognized as a national benchmark.

Business Scope

XCMG’s diversified portfolio includes:

· Core products: Mobile cranes (with a maximum capacity of 2,600 tons), excavators, and hydrogen-powered trucks.

· Smart solutions: The "HanCloud" industrial internet platform (ranked among China’s top three cross-industry platforms) for predictive maintenance and remote operations.

· Green technologies: Hydrogen fuel cell vehicles and offshore wind power equipment.

· Global services: Full-cycle support for infrastructure projects, including design, deployment, and maintenance.

International Status

XCMG has established a strong global footprint:

Market expansion: Products are exported to over 190 countries, with overseas revenue accounting for 46.66% of total sales in 2024.

· Localization strategy: 12 overseas production bases (e.g., in Brazil and Germany) and R&D centers in the U.S. and Australia, tailored to regional standards and demands.

· Major projects: Participation in iconic initiatives like the Middle East’s NEOM smart city and infrastructure development in Southeast Asia, solidifying its role as a trusted global partner.