Established Hangzhou Machinery Repair Factory
Mainly engaged in repair business

Renamed as Hangzhou General Machinery Manufacturing Factory
Mainly produces general machine tools such as cW6140, etc.

Started trial production of CZ3 forklift and achieved success

Mass production of CZ3 forklifts, and successful trial production of CPC3 forklifts

Renamed as Hangzhou Forklift Factory,
officially became a professional forklift manufacturer

Approved by the Ministry of Machinery and Electronics Industry as a national second-level enterprise; Hangcha's 10,000th forklift was born, named "Zhongshan", and donated to the Chinese Antarctic Research Station

CPC3 forklift won the only silver medal, the highest national award

Restructured and established Hangzhou Forklift Co., Ltd., implemented a flat management model and a business model of strong at both ends and refined in the middle, embarking on a path of rapid development

Zhejiang Hangcha Engineering Machinery Co., Ltd. was established

Overall relocation to Lin'an Economic Development Zone, Zhejiang Province

Changed its name to Hangcha Group Co., Ltd.

Introducing GreatStar Holdings as a strategic partner

Passed the IPO review of the China Securities Regulatory Commission
First listing on December 27

Annual forklift sales exceeded 100,000 units for the first time

Acquired Hangzhong Engineering Machinery
Hangcha Hengfan Technology Park (Phase I) was put into use

Hangcha Science and Technology Park Phase II
Intelligent Manufacturing Base Foundation Laying

Annual forklift operating revenue exceeded 10 billion yuan for the first time

The construction project (Science and Technology Park) of Hangcha Shiqiao Plant Area Upgrading and Reconstruction was started and the foundation stone was laid

Forklift production and sales exceeded 2 million units