About Us-Hangzhou Advance Gearbox Group Co., Ltd.

中文

About Us

National High-Tech Enterprise

R&D, Manufacturing and Service Provider of Advanced Transmissions

Hangzhou Advance Gearbox Group Co., Ltd.

Hangzhou Advance Gearbox Group Co., Ltd., formerly known as Hangzhou Gearbox Works, was established in 1960 and listed on the Shanghai Stock Exchange in October 2010. The company currently holds controlling interests in and exercises actual control over 19 subsidiaries, while holding minority stakes in 4 additional subsidiaries. As a pioneer among the first batch of Manufacturing Individual Champion Demonstration Enterprises recognized by China's Ministry of Industry and Information Technology, the company is also designated as a national-level High-Tech Enterprise. It boasts a nationally accredited Technology Center and hosts R&D projects that have won prizes of all levels,including two National Science and Technology Progress Second Prizes and one Zhejiang Province Science and Technology Progress First Prize.

The company remains committed to its brand development strategy, staying true to its core business in transmission systems. Through continuous, high-level technological upgrades, it has firmly established itself as an industry leader. Its product portfolio spans ten major categories offering over a thousand diverse models—including marine propulsion systems, construction machinery gearboxes, wind turbine speed increasers, agricultural machinery gearboxes, automotive transmissions, rail transit drivetrains, industrial gearboxes, special products, powder metallurgy components, and large-scale precision gears. The "ADVANCE" brand products are not only widely distributed across 31 provinces, municipalities, and autonomous regions within China but also exported to 55 countries and regions worldwide.

400 million

Registered Capital

Smart Manufacturing Bases

Controlled/Participating Subsidiaries

5 billion

Total Assets

Milestones

2024

1. First Prize of the Zhejiang Provincial Science and Technology Progress Award 2. The List of the Fourth Batch of Provincial Industrial Internet Platforms 3. Top 500 in Innovation Capability among Zhejiang Provincial High-Tech Enterprises 4. Special Prizes for Technological Innovation issued by the China General Machinery Components Industry Association

Milestones

2023

1. 2022 Zhejiang Provincial Technology Little Giant Enterprise 2. Shaoxing Advance was awarded the 2022 National-level Specialized, Refined, Characteristic and Innovative "Little Giant" Enterprise 3. The independently developed "Intelligent Control Small-Angle Marine Gearbox" was awarded as the Domestic first-of-its-kind (set/unit) 4. "Gear Transmission Device" was included in the second batch of Shipbuilding Industry "Strong Chain Brand" Product Catalog in 2023

Milestones

2022

1. ADVANCE gearbox used in China's first 8-ton hydrostatic loader 2. First GH630 high-speed gearbox for 20MW test bench was delivered 3. "Research and Application of Serialized Design and Manufacturing Technology for High-Parameter Gear Transmission Devices" won the First Prize for Technological Progress of the China Machinery Industry Science and Technology Award 4. "Research and Application of Fault Diagnosis Technology for Wind Power Gear Transmission Systems under Complex Working Conditions" won the Second Prize for Technological Invention of the China Machinery Industry Science and Technology Award 5. 2022 Zhejiang Provincial Intellectual Property Demonstration Enterprise

Milestones

2021

1. The first smart green vessel "Changhang Cargo 001" equipped with the "ADVANCE" hybrid marine gearbox was successfully launched 2. Linjiang Company successfully developed the vacuum pump prototype 3. 2021 Zhejiang Famous Export Brand Award

Milestones

2020

1. Top 100 Enterprises in China's Machinery Industry 2. The "ADVANCE" gearbox was installed on China's first oil-gas-electric hybrid inland river ship 3. Successfully produced the largest domestic specification GW series marine gearbox 4. Construction transmission products - port machinery automatic transmissions enter a new field

Milestones

2019

1. With the technological innovation of "flexible engagement" applied on marine products, HAGG successfully enter the high-end European market 2. HAGG's marine gearboxes and propulsion systems was awarded as "Outstanding Products of the Machinery Industry for the 40th Anniversary of Reform and Opening-up" by the China Machinery Industry Federation 3. The independently developed YB310 hydraulic transmission won the Second-Class Award for Industrial Technological Progress issued by the China Hydraulic Pneumatic and Sealing Industry Association 4. Established the Construction Machinery Transmission Business Division 5. Established Hangzhou Advance Power Transmission Anhui Co., Ltd.

Milestones

2018

1. The main propulsion system has been applied to the official ships of South Asian countries for the first time 2. Annual Excellence Award for China's Agricultural Machinery Manufacturing Enterprises 3. Authorization Certificate for the Use of the "Pinzibiao" Public Brand Logo of Zhejiang Manufacturing 4. The HCQ700 series marine gearboxes and YB310 hydraulic transmission (with integrated technology) won the Special Prize for Outstanding New Products of Independent Innovation in the Gear Industry in 2017

Milestones

2017

1. The HCT1400 series marine gearboxes won the Zhejiang Provincial Machinery Industry Science and Technology Award 2. Special Prize for Outstanding New Products of Independent Innovation in China General Machinery Components Powder Metallurgy Industry in 2016 3. Honorary Title of "2016 Pacesetter Enterprise in China's Industrial Sectors"

Milestones

2016

1. Was rated as a National Manufacturing Individual Champion Demonstration Enterprise (the first batch) by the Ministry of Industry and Information Technology of the People's Republic of China (MIIT) 2. Most Influential Enterprise in the Gear Industry in 2016 3. The "High-Power Electro-Hydraulic Controlled Automatic Shifting Transmission for Construction Machinery" was selected into the National Industrial Foundation Strengthening Project and successfully achieved vehicle operation 4. Jointly established Hangzhou Advance Drive Chain Technology Service Co., Ltd. 5. The project "Research and Industrialization of Key Technologies for Large-Megawatt Wind Power Gearboxes" won the Excellent Scientific and Technological Achievement Award of the Machinery Industry during the 12th Five-Year Plan period 6. Registered the "ADVANCE" trademark, and since then has owned three registered trademarks: Chinese trademarks "Qianjin" (前进) and "Hangchi Qianjin" (杭齿前进), as well as the English trademark "ADVANCE" 7. The project "Research and Application of Key Technologies for High-Power Marine Gearbox Transmission and Propulsion Systems" won the Second Class National Science and Technology Progress Award in 2016

Milestones

2015

1. Title of "2014 Pacesetter Enterprise in China's Industrial Sectors" 2. The 1.5MW hybrid-driven tidal gearbox, with the world's largest power generation capacity, passed prototype trial production and type test, was shipped to Europe, and used in the world's largest ocean current power generation plant 3. The project "Key Technologies and Industrialization of High-end Heavy-duty Gear Transmission Devices" won the Second Class National Science and Technology Progress Award in 2014 4. The project "Extra-large Speed Ratio Series 800 Marine Gearboxes" won the First Class Zhejiang Machinery Industry Science and Technology Award

Milestones

2014

1. The self - developed powder metallurgy project won the Special Prize of the China General Machine Components Industry Association 2. Enterprise Recognized in the 2013 Annual Evaluation of China's Industrial Enterprise Brand Competitiveness 3. 2013 Zhejiang Provincial Top 100 High-Tech Enterprises

Milestones

2013

1. The "Qianjin" Powder Metallurgy Parts won the Title of "2012 High-Quality Brand in China's Machinery Industry" 2. Title of "Quality Trustworthy Enterprise in China's Fishing Vessel, Fishing Machinery and Fishing Gear Industry"; the "前进" Marine Gearboxes won the Title of "Famous Product in China's Fishing Vessel, Fishing Machinery and Fishing Gear Industry" 3. Two sets of HAGG controllable-pitch propellers for trawlers were trial-installed on large domestic fishing vessels for the first time

Milestones

2012

1. Special Prize for Outstanding New Products of Independent Innovation in China General Machinery Components Gear Industry in 2012 2. National Torch Program Key High-Tech Enterprise 3. Title of "Top 50 Enterprises with the Strongest Brand Influence in China's Gear Industry" 4. Linjiang Company was officially established

Milestones

2011

1. "Advance Transmission Technology Research Institute" was included in the list of Zhejiang Provincial Enterprise Research Institutes 2. The "National Fishery Marine Gearbox Testing Center" settled in HAGG 3. Cast gearbox housings won the national "Excellent Casting Gold Award" 4. The High-Precision Gear Testing Center has passed the national laboratory accreditation and obtained the CNAS certificate

Milestones

2010

1. The company's stock was listed on the Shanghai Stock Exchange (SSE) 2. The "Qianjin" trademark was recognized as a "China Well-Known Trademark" by the State Administration for Industry and Commerce (SAIC) 3. The Zhejiang Key Laboratory of Gear Transmission and Friction Plate Material Research and the national Key Laboratory of Mechanical Transmission were established 4. The construction of the Linjiang Production Base officially started

Milestones

2009

1. The HCD600A series marine gearboxes passed the type approval of Bureau Veritas (BV) of France, becoming the first domestic enterprise to achieve this 2. First Prize for Technological Progress in China's Gear Industry in 2008

Milestones

2008

1. First Prize for Technological Progress in China's Gear Industry in 2008 2. The Technology Center was awarded the title of "National-Level Enterprise Technology Center" 3. Approved to establish a "National-Level Postdoctoral Research Station" 4. The registered trademark "Qianjin" was recognized as a "China Well-Known Trademark" 5. Pursuant to the share - holding system restructuring, wholly converted into Hangzhou Advance Gearbox Group Co., Ltd.

Milestones

2007

1. The HC038A marine gearbox was recognized as a "2007 Domestic First Set of Major Technical Equipment" 2. Title of "National Torch Program Key High-Tech Enterprise" 3. Awarded the title of "AAA-Level Credit Enterprise" 4. Zhejiang Changxing Advance Machinery Casting Co., Ltd. was founded

Milestones

2006

1. Top 10 Enterprises in Independent Innovation Capability among National Large and Medium-sized Industrial Enterprises in the Bearing, Gear, Transmission and Drive Component Manufacturing Industry 2. 2006 China Industrial Sector Pacesetter Enterprise, ranking first among gear, transmission and drive component manufacturing enterprises 3. Passed the audit of the Quality Management System in line with GB/T19001 (a national standard) conducted by China New Era Certification Center

Milestones

2005

1. Marine products obtained the Factory Approval Certificate from Nippon Kaiji Kyokai (NK) of Japan 2. The first domestically - made marine gearbox adopting the spatial staggered transmission technology with tapered gears was successfully trial - produced

Milestones

2004

1. The company was identified as one of the 43 high - tech enterprises in Zhejiang Province by the Provincial Department of Science and Technology, together with the Provincial Development and Reform Commission, the Economic and Trade Commission, the Department of Finance and other departments 2. The largest marine gearbox model GWC70.76 successfully passed the load test and rolled off the production line

Milestones

2003

1. The project "Development of New Planetary Transmission Mechanism " won the "National Excellent Achievement Award for Technical Improvement of Machinery Industry Employees " 2. The Gearbox Professional Group of the Wind Energy Professional Committee of the Chinese Society of Solar Energy was established, and HAGG was elected as the leading unit

Milestones

2002

1. The company passed the ISO9001 - 2000 version quality system certification

Milestones

2000-1990

In 1992, The "ADVANCE " brand trademark was rated as a "Zhejiang Provincial Consumer - Satisfied Trademark " In 1993, The company passed the ISO9002 standard certification of the China Classification Society Quality System Certification Company In 1993, The company was listed among the "Top 100 Largest Machinery Industry Enterprises in China " In 1994, "Hangzhou ADVANCE Gearbox Group Co., Ltd. " was established In 1996, Hangzhou ADVANCE Gearbox Group Co., Ltd., IVECO S.p.A. of Italy and Nanjing Yuejin Automobile Group Co., Ltd. jointly established "Hangzhou IVECO Automobile Transmission Co., Ltd. " In 1997, The "ADVANCE " brand marine gearbox was rated as a "Famous Product of China's Machinery Industry "

Milestones

1990-1980

In 1980, The Model 40 marine gearbox won the National Silver Award In 1982, The Model 06 and Model 120B marine gearboxes won the Excellent Product Award of the Ministry of Machinery Industry In 1984, The Model 135 marine gearbox won the National Silver Award In 1986, The Register of Shipping of the People's Republic of China issued the "Factory Approval Certificate " In 1988, The company was approved as a National Second - Class Enterprise by the Ministry of Machinery and Electronics Industry of the PRC

Milestones

1980-1960

In 1960, The Ministry of Agricultural Machinery of the People's Republic of China approved and confirmed the factory name as "Hangzhou Gearbox Works ". In the same year, Hangzhou Gearbox Works officially started construction at the foot of Xiaoran Mountain in Chengxiang Town, Xiaoshan County In 1961, The first marine gearbox (Model 3HC100) was assembled In 1965, After passing the acceptance inspection by the Ministry of Machinery Industry of the People's Republic of China, Hangzhou Gearbox Works was officially completed and put into production. The first - phase design plan had an annual output of 20,000 gearboxes In 1971, The first independently designed domestic marine gearbox (Model 120) was successfully trial - produced In 1977, The Powder Metallurgy Research Institute and the Marine Gearbox Research Institute were established, which were approved as the second - class institutes under the Ministry of Machinery Industry in 1977 and 1983 respectively

Culture

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