On the afternoon of May 16, 2022, the foundation laying ceremony of the construction project of the Science and Technology Innovation Park in Shiqiao of Hangcha Group (Stock code: 603298) was held. This project is located at No. 398, Shiqiao Road, Hangzhou, China. 

At the ceremony, Zhao Limin, the chairman and general manager of Hangcha Group, announced the commencement of the project.  Mr. Zhao pointed out that the construction of this project marks that we are closer to the vision of "becoming the best forklift manufacturer in the world". Quality and innovation are two of the reasons that Hangcha becomes the Global No.8 in Industrial Trucks and Services. Shiqiao area has witnessed the steady and rapid development of the company from small to large, from weak to strong.

In 2000, the company was restructured; in 2009, we moved from Shiqiao Base to Lin 'an Qingshan Park; in 2016, we were listed on Shanghai Stock Exchange; in 2021, we released of new energy products strategy, and now the construction of the Science and Innovation Park in Shiqiao. Each step is full of wisdom and confidence and helps build who we are today.

Zhao Limin, the chairman and general manager of Hangcha Group, announced the commencement of the project

The ceremony

This project will focus on new energy products and combined by below four bases and one center, with an annual sale of 10 billion yuan (about 1.5 billion USD).

—Intelligent material handling equipment innovation research and development base;

—Hangcha Import and Export Base;

—New energy forklift drive unit production base;

—Hangcha supporting industry chain innovation base;

—Hangcha product training and experiencing center.

Construction Project of the Science and Technology Innovation Park in Shiqiao

Shiqiao is where our dream starts, and today we come back to make the dream come true. We will keep offering the best material handling solutions and making material handling easier.