Ever since its establishment in March 1989, XCMG has always been the leader of China’s construction machinery industry. At present, XCMG ranks in the Top 7 in the global construction machinery industry, 123th of Top 500 enterprise in China, and 53th of Top 500 manufacturing industry in China．XCMG is a large-scale enterprise group in China’s construction machinery industry, with the largest scale and most diverse series of products.
The annual operating income of XCMG has increased to ￥66 billion in 2010 from 386 million Yuan since its foundation, ranking Top 1 in China’s construction machinery industry.
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