Hangzhou Advance Gearbox Group Co., Ltd. is specialized in designing and manufacturing transmissions and powder metallurgical products, which is one of major high- and new-tech enterprises in China.
The Company with the former name "Hangzhou Gearbox Works" was founded in 1960. Approved by State Economy and Trade Commission, the Company was restructured into a liability limited company with diversified state shares in 2001 and in 2008 the company was restructured into a joint-stock limited company. The company has been listed on Shanghai Stock Exchange since October 2010. Located near the south bank of Qiantang River, the Company owns 500,000 area, 2500-odd employees, 19 affiliated companies. The Company is awarded as "Leading Company in China Industry Area", "Top 500 in China Machinery Industry", "Top 500 Competitive Big Enterprise and Big Group in China"