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.

XCMG has established an R&D system with the National Level Technology Center and Jiangsu Xuzhou Construction Machinery Institute. XCMG Technology Center ranks first in construction machinery industry in the evaluation of national enterprise technology centers, and was awarded the “National Technology Center Achievement Award”. XCMG establishes marketing network covering China, and has more than 100 XCMG agents abroad providing omni-directional services for global users. The products of XCMG have been sold to over 130 countries and regions all over the world. Market shares consisting of 9 kinds of main machines and 3 kinds of key components will push XCMG to rank first in China. Export volume and total export continuously rank first in the industry in China.

XCMG Core Values are “Taking Great Responsibilities, Acting with Great Morals and Making Great Achievements”. Its enterprise spirit is “Strictness, Sureness, Aggressiveness and Creativity”.

The vision of XCMG is to become a world-class construction machinery conglomerate and develop a reputation that would make Chinese proud. The XCMG strategic objective is to realize an operating income of ￥100 billion in 2012, and over ￥300 billion yuan in 2015, while rank in Top 5 and strive to rank Top 3 in the global construction machinery company.