Hangzhou Fuhong Holdings Co., Ltd. was established on December 19, 2024, and is a comprehensive holding enterprise based in Hangzhou with operations spanning the entire region. The company’s core strategy revolves around strategic positioning and resource integration in the high-end manufacturing sector, with a deep focus on real industry. Leveraging a clear industrial positioning and a standardized operational management system, it has progressively built a specialized industrial ecosystem centered on forklift brakes, automotive components, and hydraulic power machinery manufacturing.

The company’s headquarters is located in Lushan Subdistrict, Fuyang District, Hangzhou City, Zhejiang Province. Leveraging the region’s well-developed manufacturing industry chain, the company has established deep roots in the high-end equipment manufacturing sector and adopts a dual-engine growth model—equity investment combined with industrial empowerment—to foster synergistic development among its subsidiaries and multiply operational efficiency. As a core holding platform, the company has completed strategic deployments across multiple high-quality subsidiaries, creating a diversified yet focused business portfolio: Hangzhou Fuhong Brake Technology Co., Ltd. specializes in the R&D and production of drum brake assemblies for forklifts, electric vehicles, special-purpose vehicles, and other applications, with products widely used in forklifts, electric-powered vehicles, and upgraded transport vehicles, earning a strong market reputation and a stable customer base; Hangzhou MeiYi Filtration Equipment Co., Ltd. is a specialized lost-foam casting enterprise that integrates design, R&D, manufacturing, and sales; Hangzhou Jiade Brake Systems Co., Ltd. focuses on the R&D, production, and sales of electromagnetic brakes and general-purpose components, holding numerous core certifications and proprietary trademarks, deeply engaged in niche segments of the automotive manufacturing industry, and enjoying broad market recognition for its stable and reliable product quality; Hangzhou Fuhong Hydraulic Equipment Co., Ltd. is dedicated to the manufacturing and sales of hydraulic power machinery and components as well as automotive parts, and holds import–export qualifications, providing core supporting solutions to upstream and downstream enterprises in the supply chain.

At the corporate governance level, Fuhong Holdings has assembled a professional and highly efficient core management team, led by Mr. Xu Xin. Drawing on his many years of hands-on experience in cross-sector corporate operations, Mr. Xu has guided the team in establishing a well-structured and robust internal control system as well as a flexible and efficient market-oriented decision-making mechanism, thereby providing solid assurance for the company’s steady and sustainable development. The company’s equity structure is clear and stable, with its core shareholders leveraging ample capital and high-quality resources to deliver two-way support, thus underpinning the effective implementation of strategies and business expansion. Since its inception, the company has consistently adhered to its core operating philosophy of “compliant operations, deep engagement in the real economy, and collaborative win-win outcomes,” rigorously complying with industry regulations. All of its subsidiaries have maintained sound operational performance, with no record of major legal disputes, operational irregularities, or administrative penalties, thereby cultivating a reputable corporate image characterized by prudent management and integrity-based practices.

Looking ahead, Hangzhou Fuhong Holdings Co., Ltd. will remain firmly focused on the high-end manufacturing sector, leveraging technological innovation as its guiding principle and deep integration of the industrial value chain as a key strategic lever. The company will further optimize its portfolio of business operations, strengthen synergies among its subsidiaries, and continuously enhance its core competitiveness. At the same time, by fully capitalizing on the favorable industrial policies in the Hangzhou region, the company will proactively expand into high-quality domestic and international markets, striving to become a leading holding group with pivotal influence in the automotive components and hydraulic equipment manufacturing sectors, thereby making a substantial contribution to the industry’s high-quality development.

Hello, everyone!

Time refines our original aspirations, and unwavering commitment leads to extraordinary achievements. Amid the relentless tides of industry change, we remain focused on our core businesses—forklift brakes, electromagnetic brakes, and composite counterweights—crafting products with meticulous craftsmanship, forging trusted partnerships through integrity, and driving growth with a strong sense of responsibility. Step by step, we have solidified our corporate foundation and written our own chapter of growth. On behalf of the entire management team, I would like to extend our sincerest gratitude and highest respect to our customers and partners who have consistently placed their trust in us, as well as to all our colleagues who have worked side by side, pooling our strengths to overcome challenges.

As the core equipment in the material-handling industry, forklifts’ safety performance and operational stability are directly linked to production efficiency and workplace safety. Brake systems and composite counterweights are precisely the critical core components that safeguard forklift safety and ensure precise operation. Since our founding, we have set the goal of becoming a benchmark enterprise in the field of forklift core components, deeply cultivating this specialized segment by perfecting every brake model and optimizing every composite counterweight. We fully recognize that the quality of core components allows no room for compromise: from raw-material selection and meticulous refinement of manufacturing processes to rigorous inspection and verification of finished products, we have established a stringent quality-control system at every stage. It is this unwavering commitment to reliability that has earned us market recognition and made us a trusted, long-term partner to many renowned forklift brands.

Innovation is the inexhaustible driving force behind corporate development. In today’s era of accelerating technological iteration, we consistently maintain a keen awareness of industry trends, continuously invest in R&D, and build specialized technical teams. We focus on optimizing core performance metrics such as braking efficiency, wear resistance, and energy conservation and environmental protection for brakes, while also deepening our efforts in material upgrades, precision control, and lightweight design for counterweights. Through relentless breakthroughs in overcoming technical bottlenecks, we deliver products that are better aligned with the needs of modern warehousing and logistics operations as well as industrial production. We firmly believe that only by leveraging technological innovation as the engine of growth can we sustain a competitive edge in an intensely contested market and create greater value for our customers.

The development of our company would be impossible without the unwavering collaboration of every single colleague. From the meticulous and perfection-seeking technicians in the production workshops to the engineers in the R&D team who tackle the toughest challenges; from the sales professionals tirelessly working on the front lines to expand our market reach, to the administrative and support staff quietly providing essential back-office assistance—every role, with its dedication and commitment, comes together to form a powerful synergy that drives the company’s growth. We have always adhered to a people-first philosophy, placing great emphasis on talent development and building robust platforms for career advancement, so that each colleague can realize their full potential, achieve personal growth, and share a common destiny and future with the company.

Integrity is the foundation of success, and collaboration is the path to mutual benefit. Over the years, we have consistently treated every customer and partner with sincerity, upheld the spirit of contract, rigorously managed delivery timelines, and continuously enhanced our after-sales service—all in order to build long-term, stable partnerships through professionalism and accountability. We deeply understand that industry prosperity does not depend on the solitary efforts of a single company; rather, it stems from the coordinated synergy across the entire value chain, from upstream to downstream. Looking ahead, we remain committed to an open and inclusive mindset, eager to deepen our collaboration with all partners, advance together, and jointly drive high-quality development in the forklift industry.

Looking ahead, we face both opportunities and challenges. Driven by the rapid growth of the warehousing and logistics sector and the continuous advancement of industrial automation, the market for core forklift components is poised for new development opportunities—while also placing higher demands on product quality and technological innovation. We will remain true to our original mission, deepen our focus on core business, uphold even stricter quality standards, leverage sustained innovation to drive continuous upgrades, and assume our responsibilities with unwavering commitment. We are committed to delivering superior products and services to our customers, making a greater contribution to the industry’s development, and creating a brighter future for all our colleagues.

The road may be long and arduous, but as long as we keep moving forward, we will eventually arrive; with unwavering perseverance, the future holds great promise. Once again, we extend our heartfelt gratitude for your trust and companionship. Let us stand side by side, upholding our original aspirations with meticulous craftsmanship and forging ahead with practical action, to jointly create new heights for our industry!

Finally, we sincerely wish all our clients thriving businesses and smooth sailing in your endeavors; we wish all our partners collaborative success and the realization of ambitious goals; and we wish all our colleagues and their families happiness and every wish fulfilled.