Hangzhou Advance Gearbox Group Co., Ltd.

Hangzhou Advance Gearbox Group Co., Ltd., formerly known as Hangzhou Gearbox Works, was established in 1960 and listed on the Shanghai Stock Exchange in October 2010. The company currently holds controlling interests in and exercises actual control over 19 subsidiaries, while holding minority stakes in 4 additional subsidiaries. As a pioneer among the first batch of Manufacturing Individual Champion Demonstration Enterprises recognized by China's Ministry of Industry and Information Technology, the company is also designated as a national-level High-Tech Enterprise. It boasts a nationally accredited Technology Center and hosts R&D projects that have won prizes of all levels,including two National Science and Technology Progress Second Prizes and one Zhejiang Province Science and Technology Progress First Prize.

The company remains committed to its brand development strategy, staying true to its core business in transmission systems. Through continuous, high-level technological upgrades, it has firmly established itself as an industry leader. Its product portfolio spans ten major categories offering over a thousand diverse models—including marine propulsion systems, construction machinery gearboxes, wind turbine speed increasers, agricultural machinery gearboxes, automotive transmissions, rail transit drivetrains, industrial gearboxes, special products, powder metallurgy components, and large-scale precision gears. The "ADVANCE" brand products are not only widely distributed across 31 provinces, municipalities, and autonomous regions within China but also exported to 55 countries and regions worldwide.