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About UsHangzhou 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.
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NewsThe first marine gearbox production enterprise in China, with a stable market share ranking first in the country. Successfully developed the first domestic marine gearbox, the first inclined transmission high-speed boat gearbox, and the largest specification marine gearbox in China.
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ProductsThe company is a large key backbone enterprise specializing in the design and manufacturing of gear transmission devices and powder metallurgy products in China, and a national high-tech enterprise.
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R&DThe company focuses on the main business of transmission devices, relies on technological progress, enhances its core competitiveness, and establishes a leading position in the industry.
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Contact UsADVANCE products are marketed in 31 provinces, municipalities, and autonomous regions in China, and exported to 55 countries and regions around the world, with high visibility and reputation both domestically and internationally.
HAGG attends the 2025 Zhejiang State-Owned Holding Listed Companies Collective Performance Briefing Event, themed "Discover State Enterprises in Zhejiang."
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2025.06.03
On May 29, HAGG Co., Ltd. participated in the collective performance briefing for Zhejiang-based state-owned holding listed companies, titled "Innovation Leads Value, Intelligent Manufacturing Drives the Future—Discovering State-Owned Enterprises in Zhejiang," jointly hosted by the Zhejiang Provincial State-owned Assets Supervision and Administration Commission and the Zhejiang Securities Regulatory Bureau. The company's controlling shareholder, Xiaoshan Industry Development Group, attended the roundtable discussion as the representative of the major shareholder.
The representative of the controlling shareholder, Sun Yuming, Deputy Secretary of the Party Committee of Xiaoshan Industry Development Group, led a discussion on the topic "How Controlling Shareholders Can Better Support Listed Companies in Achieving High-Quality Development," sharing insights and practical approaches from the controlling shareholder's perspective on engaging in corporate governance, strategic development, and operational management.
Yang Shuiyu, Chairman of the company, Zhang Dejun, Secretary of the Board, and Wu Fei, Head of Finance, attended the earnings briefing. Chairman Yang Shuiyu engaged in an in-depth discussion with media representatives and investors, sharing insights into the company’s key annual report metrics, recent innovation highlights, and future outlook—providing valuable context that helps investors better understand the company’s growth strategy.
During the interactive session, Chairman Yang Shuiyu and Board Secretary Zhang Dejun addressed questions from netizens and investors regarding topics such as "expanding into overseas markets," "innovative technology initiatives," and "smart manufacturing and digital transformation," engaging in a candid exchange that resonated deeply with the audience.
Moving forward, the company will remain committed to refining and strengthening its core transmission business, bolstering its competitive edge, and optimizing its industrial layout. We will continue to stay market-driven, leveraging technological innovation as our engine for growth, building reliability and quality as our solid foundation, and embracing intelligent manufacturing as our strategic support. At the same time, we will deepen reform and enhance management practices to achieve more sustainable development—delivering higher-quality products, greater operational efficiency, and improved profitability. Meanwhile, the company will also persist in elevating the standardized operations of its publicly listed entity. By fostering strong investor relations and effective communication, we aim to enhance value creation and gain broader market recognition, actively driving the realization of long-term corporate value.
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