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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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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 Company successfully made it onto the 2023 "Zhejiang Province Credit Management Demonstration Enterprise" list.
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Release date:
2024.03.19
Recently, the Zhejiang Provincial Administration for Market Regulation announced the "Zhejiang Provincial Demonstration Enterprises for Credit Management" for 2023. After undergoing a rigorous process that included enterprise applications, local recommendations, expert reviews, and public announcements, a total of 207 companies were selected for the list, which will be valid for three years. Among them, HAGG successfully made the cut. Starting from 2023, there will no longer be a renewal process for these enterprises; instead, all companies must reapply according to the new requirements, significantly increasing the application challenges. This year’s recognition, however, serves as a well-deserved acknowledgment and commendation of the group company’s outstanding credit management efforts.

As the "pass" for enterprises to navigate the market, corporate credit standing is a vital survival capability that enables businesses to thrive in today’s competitive environment. It forms the foundation for earning commercial trust and facilitating transactions, while also serving as a crucial reference point for critical decisions such as trade strategies, consumer choices, government regulations, and financing guarantees. The Group Company places great emphasis on corporate credit management, integrating it seamlessly into its overall business development strategy. Internally, we continuously refine and strengthen our company’s credit management systems, while externally striving to uphold an image of integrity and ethical business practices. By consistently learning from experience, standardizing our operations, and fostering a culture of accountability, we provide robust support for our daily business activities, transformation initiatives, and ongoing efforts toward operational excellence and sustainable growth. Moving forward, the Group Company remains committed to setting a leading example, further enhancing our compliance with credit-related standards. In doing so, we aim to make an even greater contribution to Zhejiang Province’s efforts in building a strong corporate credit system and driving high-quality economic development.
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