Congratulation to HANGCHA published on Chinese Shanghai Stock Exchange

We, HANGCHA GROUP CO., LTD. as the Chinese leading forklift truck manufacture is published today on Chinese Shanghai Stock Exchange with stock code 603298.

Ma Xiaohui, member of the Standing Committee of CPC Hangzhou committee, Executive Vice Major of Hangzhou, Qi Jun, the president of China Construction Machinery Association (CCMA), Qiu Jianping, the president of Greatstar Group, Zhao Limin, the president of Hangcha Group Co., Ltd., and other leadship from Hangzhou and Lin’an attend the publishing ceremony.

Founded in 1956, and transformed from a state-owned company to a state joined share-holding company in 2000, HANGCHA has carried too much responsibility and hope from every sector of Chinese society. Professional production, brand image building, group-oriented development, international integration are the key development strategy, and from then on, HANGCHA gets very fast progress, and gets awards from nationality to end users.

The usages of financing capitals from listed are mainly for the project of 50,000 units electric forklift trucks’ annual production, project of annual production of 200 reach stackers, project of annual production of 800 intelligent forklift trucks and the project of group integration platform based on IoT and Cloud computing, to enhance group self-reach capability, improve products’ technology, increase market share, and increase group core competitive value.