On May 18, UK KHL Group, the world’s most authoritative information provider for construction machinery, released the 2020 top 50 list of global construction machinery manufacturers (2020 Yellow Table).
2020 Yellow Table
It shows that for the first time in history, the total sales of enterprises on the list worldwide exceeded 200 billion US dollars, of which the total sales of Chinese enterprises reached 36 billion US dollars, accounting for 17.7%. With more than 30% of the total sales of Chinese enterprises, XCMG ranked the fourth from the sixth place last year. As the leading Chinese enterprise in the industry, XCMG is definitely second to none.
“The NO.1 Excavator in China” Works in Coal Mines in Inner Mongolia
From Wanhua, Yantai to Gulei, Fujian, and from Saudi Arabia to Oman, XCMG 4000-ton crawler crane, which was called “the No.1 crane in the world”, has successfully completed many tasks. The 700-ton mining excavator, which was called “the No.1 excavator in China” is working in the coal mine in Inner Mongolia … From China, which is a large enough practice ground, to the infrastructure construction following the “Belt and Road Initiative”, Chinese products enjoy an improving environment for better application. The Chinese technology has gradually become “solid”, continuously improving and upgrading, providing a series of good products to the world.
“The No.1 Crane in the world” Lifts the Largest Scrubber in the World
Good products are the pass for China in the world: G1 all-terrain cranes, which President Xi tried for test drive, have been launched to the market for two years, with sales accounting for more than 60% and demand exceeding supply. Complete sets of mining machinery are favored by global mining giants; “Steel Mantis” mountain excavators won orders from troops that worth of over 100 million yuan; Self-designed new electric control boxes, high-end hydraulic valves and intelligent control systems substitutes imported equipment…
It can be said that in the highly market-oriented industry of construction machinery, Chinese brands have experienced fierce competition and built quite high competitiveness.
The 20,000th Wheel Crane was Launched
Facing various challenges, XCMG made a sharp attack with two billion-level sections of cranes and excavators as well as four five-billion-level sections. The mining section fought into the world’s luxury club of large complete sets of mining machinery and broke the monopoly of giant enterprises. A group of invisible champions, such as piling section and core components, is gaining momentum and just waits for an opportunity to develop.
The obstacles and thorns will turn into the sonorous steps of XCMG to meet the difficulties.
