XCMG 徐工机械
China · Xuzhou
alternative to Caterpillar / Liebherr / Komatsu
Truck, crawler and all-terrain cranes, excavators, wheel loaders, road and mining machinery from the highest-ranked Chinese maker in the global construction-equipment league table. Overseas sales were about 48% of 2025 revenue.
Why it fits
- Construction Machinery
- Global-ready
Regional alternatives
Product facts
- Segment
- Construction Machinery
- Role
- Machine maker (OEM)
KHL Yellow Table 2026: #3 worldwide and the top Chinese OEM, with 2025 equipment sales of about US$14.2B (5.8% share).
Regulatory & supply-chain notes
US trade-remedy duties on imports
- aerial work platforms (boom and scissor lifts)US importers of XCMG aerial work platforms made in China pay a 56.33% anti-dumping cash deposit (XCMG Group Imp. & Exp., as amended after a 2025 court ruling); its cranes, excavators and loaders are not covered. US importers of XCMG aerial work platforms made in China pay the 12.98% all-others countervailing duty rate; its cranes, excavators and loaders are not covered. A-570-139 (AD order, 2022) · C-570-140 (CVD order, 2021)
EU trade-remedy duties on imports
- aerial work platforms (boom and scissor lifts)XCMG Fire Fighting Safety Equipment is listed as a cooperating exporter, so EU importers of its China-made aerial work platforms pay a 30.1% anti-dumping duty (as amended by Regulation (EU) 2025/796). XCMG Fire Fighting Safety Equipment is listed as a cooperating exporter, so EU importers of its China-made aerial work platforms pay a 12.1% countervailing duty. Commission Implementing Regulation (EU) 2025/45 (amended by (EU) 2025/796) · Commission Implementing Regulation (EU) 2025/796
Company & market
- Parent company
- XCMG Group
- Registered
- Xuzhou
- Listing
- A-share
- Ticker
- 000425.SZ
- Market cap / val. (USD)
- ~$12 B
- Foreign-investable
- Yes