XUZHOU, China -- September 01, 2026 -- XCMG has rolled the first main unit of what it calls the world's largest ring crane off its production line, a 14,000-ton lifting machine built jointly with Sinopec Heavy Lifting & Transportation Co., Ltd. The announcement came out of Xuzhou, China, on August 28, 2026, and the companies described it as a breakthrough for heavy-lift technology used in power plant construction. Once fully assembled, the crane is expected to set new capacity records for the industry.