Xuzhou Construction Machinery Group Co., Ltd. (XCMG Group) (Chinese: 徐工集团; pinyin: Xúgōng Jítuán) is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1989, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands. Recently the company has taken over Schwing GmbH is a German manufacturer of mobile and stationary concrete pumps and truck mixers, headquartered in Herne, as well as the parent company of Schwing Stetter in Memmingen. The business group is the world's second largest concrete pump manufacturer, behind Putzmeister, also a German manufacturer and subsidiary of the XCMG group.

XCMG Group’s subsidiary, XCMG Construction Machinery Co. Ltd., was listed on the Shenzhen Stock Exchange SZSE: 000425 in 1996. With the largest scale, highest technical level and largest export volume in the Chinese construction machinery industry, XCMG Group is a competitive and influential hundred billion enterprise.

Taking "XCMG For Your Success" as its core direction for development, the word "Your" not only includes end-users but also the greater community of interest such as shareholders, suppliers, employees, and society. Constantly adhering to the concept of sustainable development, XCMG is committed to creating a greater value for the community and provide more value-added services for the entire value chain.

XCMG products are sold in more than 180 countries and regions and cover 97% of the countries along the Belt and Road Initiative. The group holds a worldwide sales network including more than 20 manufacturing bases in China, 300 overseas distributors, over 2,000 service centers, 40 overseas offices, and more than 30 overseas branch companies. 

The group has R&D centers, manufacturing bases or KD factories in more than 10 countries including Germany, United States, Brazil, and India, and has acquired 3 European companies including Schwing. It is now the top concrete machinery brand in developed markets of Europe and the United States. Meanwhile, XCMG’s manufacturing base in Brazil has become a model of China-Brazil economic cooperation, as the XCMG Brazilian Bank is now the first overseas bank of China’s manufacturing industry.