XCMG Machinery Consolidates Top Three Ranking on KHL Group's Yellow Table, Leads Chinese OEM Market

Leveraging high-performance products and strong brand influence, multiple of XCMG's business units, including excavation, hoisting, earthmoving, and road machinery, have been growing exponentially with increased market shares and top rankings globally.  Leveraging high-performance products and strong brand influence, multiple of XCMG's business units, including excavation, hoisting, earthmoving, and road machinery, have been growing exponentially with increased market shares and top rankings globally...

Leveraging high-performance products and strong brand influence, multiple of XCMG's business units, including excavation, hoisting, earthmoving, and road machinery, have been growing exponentially with increased market shares and top rankings globally. 

In 2022, XCMG has delivered large batches of products to high-end markets in Europe and North America, as well as countries along the "Belt and Road" Initiative. It has exported the 800-ton all-terrain crane to Singapore, 2,000-ton wind turbine crane to Bosnia and Herzegovina, setting a series of export records. 

XCMG has achieved sales and successful delivery of the entire crane product portfolio in Europe, which makes it the only company to export complete sets of hoisting machinery in batches to the European market. XCMG's excavator equipment have received rave reviews in the U.S., while its new energy electric products were praised by the New Zealand Prime Minister and Minister of Transport. The GR5505 mining graders, which XCMG has developed in partnership with Rio Tinto, have been shipped off to work in mines in Australia. 

Meanwhile XCMG has continually achieved breakthroughs in the R&D and manufacturing of green and new energy equipment products, further advancing the sustainable strategy for green, low-carbon, and intelligent new infrastructure. 

"I think more and more people are realizing that electric vehicles can be a very important approach to decarbonization, and in the next five years there will be more and more new energy products, probably reaching the scale of 30 percent," said Liu Jiansen, vice president of XCMG. 

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