XCMG
徐工
Heavy Industry, Machinery & ChemicalsXuzhou · Yangtze River Delta
Business focus
Heavy Industry, Machinery & Chemicals
Description
XCMG (徐工) traces its roots to the Huaxing Iron Works, founded in 1943, and was formally established as a group in Xuzhou in 1989. Its shares listed on the Shenzhen Stock Exchange in 1996, with a full group listing in 2009. In 2012 it became the first Chinese construction-machinery firm to top 100 billion yuan in revenue. XCMG is now the world's third-largest construction equipment maker, producing cranes, loaders, excavators and road machinery.