About XCMG
XCMG’s predecessor was established in 1943 and was restructured in July 1989. XCMG has always been the leader of China’s construction machinery industry. At present, XCMG ranks in the Top 5 in the global construction machinery industry, 122nd of Top 500 enterprise in China, and 49th 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 operating income of XCMG has increased to ￥87billion in 2011 from 386 million Yuan since its foundation, ranking Top 1 in China’s construction machinery industry. Market shares consisting of 9 kinds of main machines and 3 kinds of key components will push XCMG to rank first in China
The XCMG GR series Motor Graders are mainly used in ground leveling ,canalling, slope scraping, earthmoving, scarification or snow removal work on road, airfield, farmland, and so on. They are necessary construction machinery for national defense engineering, mine construction, town and country roads building, and farmland improvement
Since the induction of China into the World Trade Organization (WTO) in 2001 the business world has become a much different place. With the Chinese economy now open domestic firms have began to purse business abroad, many of which becoming quite successful in a short period of time. International Chinese construction equipment firms have started to steal market share from established firms, cutting into a significant portion of their profits and jeopardizing the livelihood of many small and medium sized organizations.