Xuzhou Construction Machinery Group Co., Ltd. (XCMG) was officially founded in 1989. Since then, XCMG has stood at the forefront of the Chinese construction machinery industry and developed into one of the domestic industry's largest, most influential, and most competitive enterprise groups with the most complete product varieties and series.

XCMG is the 5th largest construction machinery company in the world. It is ranked 119th in the list of China's Top 500 Companies, 44th in the list of China's Top 100 Manufacturing Enterprises, and 2nd in the list of China's Top 100 Machinery Manufacturers.

XCMG won the industry’s only, and the Chinese industrial sector’s, top awards: the Grand Award for Industrial Enterprises of China and the National May 1st Labor Certificate. It also won the Achievement Award for National Accredited Technical Center, National Award for Progress in Science and Technology, and the 14th National Quality Award, as well as honorary titles including the National Exemplary Enterprise in Technological Innovation (the first batch in China and the first one in Jiangsu Province), National Advance Grassroots CPC Organization, and Meritorious Enterprise in Equipping China. Wang Min, Chairman of XCMG and Secretary of the XCMG CPC Committee, was bestowed the honorary title Meritorious Entrepreneur in Equipping China. Having achieved these top honors, XCMG will continue to strive to be the best.