Hande Axle formally signs in Zhuzhou Jinshan New City

On December 26, 2017, Shaanxi Hande Axle Co., Ltd.'s automobile drive axle and gear production base project entered the signing ceremony of Jinshan New City and was held in the conference room on the first floor of the Investment Promotion Center in Hetang District, Zhuzhou City. Secretary of the District Party Committee Yan Lingyun, deputy secretary of the district party committee and district chief Wang Libo, general manager of Shaanxi Hande Axle Co., Ltd., and Han Zhanqiao (Zhuzhou) Gear Co., Ltd. Chairman Wang Zhanchao attended the signing ceremony.
Jinshan New City Signing Ceremony Jinshan New City Signing Ceremony

At the signing ceremony, President Wang expressed sincere thanks to Hande Axle (Zhuzhou) Gear Co., Ltd. and the “Retreat into the Park” project for their support and assistance for the past year from Zhuzhou City and district governments and leaders. The progress of the project will further deepen the mutual benefit and win-win relationship between the two parties. President Wang emphasized that 2017 was the most brilliant year in the 14-year development history of Hande Axle. The annual production and sales volume increased by 67% over the previous year. The sales volume of the three main business segments increased substantially, and the products entered the markets of developed countries. Both created the best results in history. Hande Gear, as a wholly-owned subsidiary of Hande Axle, achieved profitability within one year of restructuring, and this year it has developed rapidly under the hot market conditions and achieved good results.

For many years, Hande Axle has been adhering to the corporate development strategy of "advanced technology, internationalization, and strengthening of the three major sectors to achieve the goal of 10 billion yuan." "The world's best axle" new goal. The company will actively integrate the strategic deployment of “Zhuzhou•China Power Valley”, accelerate corporate strategic upgrades, highlight corporate social responsibility, and provide support and contributions for the adjustment of industrial layout for Hetang District, Zhuzhou City, and for innovation, green, and coordinated development.

Hande Axle Products Show Hande Axle Products Show

In the future, Hande Axle plans to invest nearly 1.5 billion yuan in Jinshan New City to build a digital base that covers an area of ​​more than 400 acres, integrates automobile drive axles and gears, integrates research and development, intelligent manufacturing, and highly integrated information for the regional economy. Development injects strong power!

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