Hangcha Group Co.,Ltd (China)

Hangcha Group Co., Ltd. is one of the largest forklift research and manufacturing companies in China. It was successfully listed on the Shanghai Stock Exchange in December 2016 with the stock code 603298. Hangcha Group has consistently ranked among the top in terms of total sales and exports in the domestic industry for over a decade. According to the ranking of global forklift companies by revenue in the American magazine "MMH Modern Material Handling," Hangcha Group is ranked 8th in the world. The company has received numerous accolades, including being named in the "Top 500 Manufacturing Enterprises in China," "Top 500 Private Enterprises in China," "Top 500 Competitiveness of Large Enterprise Groups in China," and "National May 1st Labor Certificate." Hangcha Group has also been recognized as a leading enterprise in the Chinese machinery industry and a model for the Zhejiang economy. The company offers a wide range of products, including internal combustion forklifts, electric forklifts, container handlers, reach stackers, tractors, pallet trucks, stackers, off-road forklifts, aerial work vehicles, and compactors. They also provide intelligent logistics solutions and after-sales services such as product accessories sales, repairs, rentals, and remanufacturing. Hangcha Group aims to transition its entire product range to new energy products such as lithium-ion and hydrogen fuel cell to support the national strategy of "carbon peak and carbon neutrality." The company follows a business development model of "strong at both ends, precision in the middle." They focus on independent research and development to introduce competitive core technology products, establish a global sales and service network through subsidiaries, authorized dealers, and franchised stores, and produce high-quality industrial vehicles through self-production and procurement of components. Hangcha Group's vision is to become the world's strongest forklift company and their mission is to make handling easier. They adhere to a development strategy of specialized production, branded operation, group operation, and international integration, as well as an enterprise spirit of enterprising, pragmatic, innovative, and harmonious. The company strives to create value, contribute to society, provide sincere services to customers, and work towards their "Hangcha Dream" of entering the top five forklift companies in the world.