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Xuzhou Construction Machinery Group Inc. (XCMG) is considered one of the largest Chinese companies specializing in the production of construction equipment.
XCMG founded in 1989. One of the main principles of the company is internationalization. As a result, in the 1990s, the company's management actively attracted foreign capital and technology.
At this time, 14 joint ventures are being established with such well-known transnational construction equipment manufacturers like Thyssen Krupp, Liebherr, Caterpillar.
The XCMG brand is one of the most famous in the domestic market of China.
Since its inception, the company has set itself the goal of becoming a leader in the construction machinery sector in its country and a strong competitive player in the international market.
In the 90s, the company began to receive the first quality certificates, by 2000 it produced the first hundred-ton crane in China, in 2003 the first 500 ton crane XCMG was produced.
Currently, the XCMG group consists of 26 subsidiaries.
One of the largest divisions of the corporation is XCMG Xuzhou Truck-Mounted Crane Co., Ltd. - branch for the production of mobile self-propelled cranes.
The XCMG policy has a clear intention to develop its international network, creating distribution centers in America, Europe and Southeast Asia.
The company's products are exported to 80 countries.
John (Friday, 15 September 2023 12:12)
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