Hanma Technology Group Co.,Ltd. (China)

The company is a key manufacturer of various special-purpose engineering vehicles in China. It owns special-purpose vehicles production line of advanced technology, more than 800 sets of various types of production equipment and the total installed equipment capacity reaches 5600kw. The company has annual output of 5000 special-purpose vehicles including automotive bulk cement truck, concrete mixer, concrete pump with 8 series and more than 100 varieties, among which the domestic market share of bulk cement truck is more than 50% ranking top for six consecutive years. Concrete mixer is replacing imported products and sales ranks for first in China. The company has a provincial enterprise technology center and a post-doctoral research station, established long-term research cooperation with Tsinghua University and other institutions of higher learning as well as many internationally renowned enterprises from Japan, Germany and the United States. The company has become a new generation of domestic heavy-duty vehicles and special vehicles R&D and production base. In November 2009 announced restructuring plan: the company acquired 100% stake of Hualing Vehicle, the heavy duty vehicle and chassis manufacturer. Main operation of the company has turned to production and sales of heavy-duty vehicles, special-purpose vehicles, and chassis.