XUZHOU, China – Fortune magazine has released its 2026 list of “China’s Most Admired Companies,” and XCMG has been awarded a place on the Industry Star List, recognizing the company’s outstanding performance beyond traditional financial metrics.
A New Standard for Admiration
This year’s evaluation focused less on short-term market fluctuations and more on tangible strengths in:
- Business innovation & management
- Talent development & investment
- Sustainable growth
Amid global trade restructuring, companies that reduce dependence on macro trends and invest consistently in digital and hard technologies have gained particular recognition – and XCMG stands firmly among them.
Global Rankings: Strength Beyond Borders
In the past month, XCMG has also been featured in two other major international rankings:
- KHL Group (April 30): XCMG ranked No. 3 globally in the 2026 Yellow Table of construction equipment manufacturers – the only Chinese company in the top five. The group has exceeded RMB 100 billion in annual revenue for seven consecutive years, and leads China in new‑energy commercial vehicle sales.
- Fortune China ESG Impact List (Early May): XCMG was once again the sole construction machinery company selected, highlighting its leadership in environmental, social, and governance performance.
Industrial Ecosystem & Self‑Reliance
Around XCMG in Xuzhou, a national‑level advanced manufacturing cluster has emerged, accounting for approximately one‑fifth of China’s construction machinery revenue. The cluster has achieved over 90% supply chain independence, covering 20 industry categories and 85% of the nation’s product types.
The Road Ahead: A Five‑Pronged Transformation
XCMG is driving its “High‑end, Intelligent, Green, Global, Service‑oriented” transformation, under the chairman’s “No.1 Project” – digital, intelligent, and connected transformation.
“The global equipment manufacturing race will ultimately be won by resilience and patience,” a senior XCMG executive said. “We will keep moving forward, step by step.”
With strong fundamentals, rising global recognition, and a clear strategic path, XCMG continues to earn trust – and admiration – from customers, partners, and industry observers worldwide.
XCMG: Building Trust, Delivering Excellence
