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Is Xugong Group a central enterprise or a state-owned enterprise?
Xugong Group is a state-owned enterprise. Xugong Group generally refers to Xuzhou Construction Machinery Group Co., Ltd., which is a wholly state-owned construction machinery enterprise in Xuzhou, Jiangsu.

Introduction of Xugong Group:

Xugong Group is a large-scale, competitive and influential enterprise group in China construction machinery industry, with complete product varieties and series.

Xuzhou Construction Machinery Group Co., Ltd. was established in 1989, and its headquarters is located in Xuzhou Economic and Technological Development Zone, Jiangsu Province. Since its establishment, it has always maintained the leading position in China's construction machinery industry, ranking among the top 500 Chinese enterprises 150 and 55 among the top 500 manufacturing enterprises in China.

Xugong Group has successively won the highest industrial award in China, the China Industrial Award and the National May 1 Labor Award, and its Party Committee has been rated as the national advanced grass-roots party organization by the Organization Department of the CPC Central Committee. Won the 5th China Industry Award. National model enterprise of harmonious labor relations.

Xugong Group established the first 10 billion enterprise group in China industry, and then achieved a leap of 10 billion for three consecutive years, forming a rigorous, down-to-earth, enterprising and innovative enterprise spirit, and creating the core values of shouldering heavy responsibilities, striving for progress and achieving great achievements.