KHL’s International Crane magazine used “never had such a big change” to describe the huge changes in the ranking and performance of the companies in this list. XCMG’s strong carry is officially defined as “we have a new someone.”

It is understood that among the 20 companies included in the list, 16 companies have experienced a decline in sales, and all the four companies showing growth are from China, benefiting from the development opportunities brought by the “dual cycle” and “dual carbon”.

Products are the core element of market competition. XCMG always keeps in mind that “The equipment manufacturing industry is the backbone of the manufacturing industry. It is necessary to increase investment, strengthen research and development, accelerate development, strive to occupy the commanding heights of the world, control technological discourse, and make my country a modern equipment manufacturing country. Innovation is the core of the enterprise. The source of competitiveness, many core technologies are unavailable and unavailable.”, said   General Secretary Xi Jinping. The important speech indicates the spirit of the important speech, continues to strengthen the technological leadership, and continues to open up the road of independent research and development of China's lifting machinery to create a true “Made in China” .

At present, XCMG’s G-generation new products, which have entered the market for less than two years, account for more than 50% of sales. In the field of mobile cranes of 100 tons or more representing high technology and high added value, XCMG’s market share is as high as 55.6%, ranking first in China with absolute advantage. Especially for all-terrain crane products above 1,000 tons, XCMG has successfully realized import substitution and has further formed a market-leading advantage. In the field of crawler cranes, XCMG’s market share has increased by more than 10% in the past year, ranking first in China.

While truck cranes and crawler cranes continue to maintain high positions in the global market, XCMG is also deploying a wider range of cranes. In the tower crane sector, 33 main models of tower cranes, covering 80t·m to 3,500t·m continue to provide a complete set of solutions for global construction!