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 centers on strategic positioning and resource integration in the high-end manufacturing sector, with a deep focus on real-economy industries. Leveraging a clear industry 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 manufacture and sale of hydraulic power machinery and components as well as automotive parts, and holds import–export qualifications, providing core supporting solutions to both upstream and downstream players 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 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 growth. 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 the core business 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 operating performance, with no record of major legal disputes, operational irregularities, or administrative penalties, thereby establishing a strong reputation as a stable, trustworthy, and high-quality enterprise.
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 establish itself as a leading holding group with pivotal influence in the automotive components and hydraulic equipment manufacturing sectors, thereby making a robust contribution to the industry’s high-quality development.