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XCMG has always been the leader of China’s construction machinery industry, ever since its establishment in March 1989. At present, XCMG ranks in the Top 5 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 revenue of XCMG has increased to USD14 billion in 2011, ranking Top 1 in China’s construction machinery industry.
Zoomlion is China’s leading manufacturer of construction machinery equipment and among China’s first “Group of Innovative Enterprises.” Zoomlion is mainly specialized in the R&D and manufacturing of advanced technologies and equipment for national key infrastructure construction projects, including construction, energy engineering, environment engineering and transportation engineering projects. With a registered capital of USD1 billion yuan and a workforce of over 22,000 employees, Zoomlion has achieved an huge output value in China construction machinery industry.