Hangzhou Advance Gearbox Group Co., Ltd. (601177.SS) SHH

Currency In CNY

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Hangzhou Advance Gearbox Group Co., Ltd.

Address

No. 45, Xiaojin Road

Hangzhou, 311203

China

Phone

86 571 8267 3888

Sector

Industrials

Industry

Industrial - Machinery

Employees

2663

First IPO Date

October 11, 2010

Key Executives

NameTitlePayYear Born
Bin SongChief Engineer01965
Fei WuFinancial Manager01970
De Jun ZhangSecretary of the Board of Directors & Director01972
Jianyuan QinDeputy General Manager01969
Yuan LouDeputy General Manager01984
Guiqin XuDeputy General Manager01971
Jia Qin XuDeputy General Manager01971
Huan Hui ZhouGM & Director01980
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Description

Hangzhou Advance Gearbox Group Co., Ltd., established in 1960 and headquartered in Hangzhou, China, specializes in the development and manufacturing of sophisticated power transmission systems and powder metallurgy products. Its extensive portfolio caters to a broad spectrum of industries. For the maritime sector, the company supplies marine gearboxes, hydraulic clutches, and comprehensive propulsion solutions, including hydraulic transmissions, controllable and fixed pitch propellers (CPPs/FPPs), and tunnel and azimuthing thrusters, suitable for diverse marine vessels, from fishing and transport to workboats and large ocean-going ships. In the realm of construction and industrial machinery, it engineers transmissions, torque converters, and specialized axles for off-highway vehicles, supporting a range of applications in earthmoving, construction, mining, railway, and various industrial vehicles. The automotive division develops a variety of transmissions, spanning light vehicles, passenger cars, commercial vehicles, heavy-duty trucks, and city buses, including advanced pure-electric, hybrid, and automated manual transmission (AMT) systems. Furthermore, the company produces gearboxes for wind energy installations and offers a wide array of industrial applications, including those in building materials, food processing, energy (petrochemical, electric power, mining, coal, new energy), transportation, manufacturing (rubber, plastic), hoisting, and specialized engineering (railway, ocean engineering, test rigs). Agricultural machinery benefits from its transmissions designed for harvesters and balers. Additionally, Hangzhou Advance Gearbox Group manufactures friction materials and powdered metal structural components essential for clutching and braking across marine, construction, agriculture, mining, heavy, and special-purpose vehicles, in addition to crafting large, high-precision gears. The company maintains a strong international presence, exporting its products to markets across Southeast Asia, Europe, the Middle East, and other global regions.

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