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Founded in 1956, Hangcha Group is currently one of the largest forklift R&D and manufacturing groups

Founded in 1956, Hangcha Group is currently one of the largest forklift R&D and manufacturing groups in China and the top eight forklift manufacturing and suppliers in the world. In 2022, the turnover of Hangcha Group is USD 2.14 billion, of which overseas revenue is USD 750 million, seeing a year-on-year increase of 70%. Export sales keeps leading in the industry for over ten consecutive years. In recent years, the company enjoys a great momentum of international development, and the overseas market prospects are promising. 

This acquisition is an important milestone for Hangcha Group to accelerate the process of globalization. The company will firmly grasp the development trend of digitalization, greening, internationalization, and intelligence in the forklift industry, keep providing global users with high-quality forklift products and services upon a global vision and international standards, and make handling easier!