Hangzhe domestic construction machinery gearbox market share of 20%

In recent five years, Hangzhou Gear's market share has been stable at about 20%. It is the largest professional and independent supplier of construction machinery gearboxes in China. IPO raised investment projects have an annual output of 12,000 sets of electro-hydraulic control engineering machinery. The commissioning of the transmission will increase the supporting capacity of high-end construction machinery products. Wind power gear box is the company's future growth point. More than 500 orders have been confirmed in 2010. In November 2010, a 2MW wind turbine gearbox sales contract was signed with a wind power company. The total contract amount is about 392 million yuan, which will be delivered in 2011.

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