Xuzhou Construction Machinery Group Co., Ltd. (XCMG Group) is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu.
Founded in 1989, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands.
Recently the company has taken over Schwing GmbH is a German manufacturer of mobile and stationary concrete pumps and truck mixers, headquartered in Herne, as well as the parent company of Schwing Stetter in Memmingen. The business group is the world's second largest concrete pump manufacturer, behind Putzmeister, also a German manufacturer and subsidiary of the XCMG group.
The world's largest all-terrain crane, QAY1600, made its grand debut, while the XGC88000 sets a new record for heaviest crawler crane lift with a successful lift of 4500 tonnes in overload tests. That year, XCMG ranked first in the global mobile crane industry. With operating income exceeding 100 billion RMB, XCMG ranked first in the Chinese construction machinery industry.
The XCMG's 1,600-tonne all terrain crane, the XCA 1600, completed its first job - the installation of a 140-meter-tall wind turbine in north China's Hebei Province, marking a breakthrough in hoisting performance.
According to wikipedia