Is Xugong Group a central enterprise or a state-owned enterprise?

Xugong Group is a state-owned enterprise and a state-owned joint-stock listed company.

Xugong's predecessor was the Eighth Arsenal of the Eighth Route Army Lu 'nan established by 1943, and 1989 was established as a regiment. It is a municipal state-owned enterprise.

Xugong Group Construction Machinery Co., Ltd. (hereinafter referred to as Xugong Company) is a "double hundred enterprises" in the reform of state-owned enterprises and the first batch of pilot enterprises in the reform of mixed ownership in Jiangsu Province. It is a 100 billion-level leading enterprise in China construction machinery industry with large scale, complete product varieties and series, great competitiveness and influence, and a national strategic position.

Since its establishment 25 years ago, Xugong Group has always maintained a leading position in the construction machinery industry in China. At present, it ranks fifth in the world's construction machinery industry, with China's top 500 enterprises 150 and China's top 500 manufacturing enterprises. It is the largest, most comprehensive, most competitive and influential large enterprise group in China construction machinery industry.

Xugong Group has established a nationwide marketing network. Xugong Group has set up more than 280 overseas agents around the world to provide users with all-round marketing services. Xugong Group's products have been exported to 158 countries and regions around the world, and the export value in 20 12 exceeded136 million US dollars, ranking first in the industry for 24 consecutive years.

Xugong pays attention to employees' sense of belonging.

In 20 13, Xugong Group saved 300 million yuan from its superiors to buy business jets to supplement the funds for the construction of young talent apartments. The completed 1380 apartment can accommodate more than 5,000 people, with at least one undergraduate. Through the honor memorial mechanism of annual service, 9905 people who have worked continuously for more than 10 years were awarded one-star to five-star medals of honor, which really gave hard-working employees more sense of gain. In recent 10 years, the per capita income of more than 20,000 employees in Xugong has increased by 3. 1 times.