XCMG (PNG) Engineering Machinery Limited

Xuzhou Construction Machinery Group Co., Ltd. (XCMG Group) (Chinese: ; pinyin: Xugong Jituan) 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 Chinas top 100 machinery enterprises, and 409th in the worlds 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 worlds second largest concrete pump manufacturer, behind Putzmeister, also a German manufacturer and subsidiary of the XCMG group. XCMG Groups subsidiary, XCMG Construction Machinery Co. Ltd., was listed on the Shenzhen Stock Exchange SZSE: 000425 in 1996. With the largest scale, highest technical level and largest export volume in the Chinese c...