Xugong Group was established in March, 1989. Since its establishment 19 years ago, it has always maintained the position of the leader in the construction machinery industry in China, ranking 16 in the world construction machinery industry, top 500 Chinese enterprises 19 1, and top 500 manufacturing enterprises in China 96. It is a large enterprise group with the most complete variety and series of construction machinery products in China. "Xugong" is the first "China well-known trademark" in the industry.

1April, 1997, Xugong Group was approved by the State Council as one of the 120 national pilot enterprise groups, one of the 520 national key enterprises and the national 863/CIMS application demonstration pilot enterprise. In 2004, it achieved an operating income of1700 million yuan, making it the largest construction machinery development, manufacturing and export enterprise in China.

Since the establishment of 16, Xugong Group has adhered to the diversified development with construction machinery as the core, devoted itself to brand management, and strived to build an internationally renowned brand of Xugong, forming more than 400 varieties of products in 78 series in 16 category, covering most fields of construction machinery. The products have been exported to more than 60 countries and regions around the world, and the annual operating income has increased from 330 million yuan when 1989 was established.