Hanma Technology Group Co., Ltd. (600375)

Overview

Hanma Technology Group Co., Ltd., originally known as Hualing Xingma Automobile (Group) Co., Ltd., is a company primarily involved in the research, development, production, and sale of heavy trucks, special vehicles, and auto parts within the People's Republic of China. Since its inception in 1999, the company has expanded its business operations to include a wide range of automotive-related services and products. Based in Maanshan, Hanma Technology Group undertakes extensive activities in the automotive sector, from manufacturing heavy-duty vehicles and construction machinery to providing motor vehicle refitting and maintenance services. The company underwent a significant branding change in December 2020, marking a new phase in its development while continuing to build on its legacy in the automotive industry.

Products and Services

• Commercial and Heavy-Duty Vehicles:

The company manufactures a broad array of vehicles tailored for various industrial and commercial applications. This includes tractors, dump trucks, mixer trucks, and bulk powder material and truck-mounted lifting transport vehicles. Additionally, it offers semi-trailer tractors and concrete pump trucks, demonstrating its capacity to serve the construction industry's specific transportation needs.

• Vehicle Components:

Hanma Technology Group is also deeply involved in the production of vehicle components such as engines, gearboxes, and axles. This segment of its business caters to the needs of both its internal manufacturing requirements and the broader market for replacement parts and upgrades.

• Additional Automotive Services:

Beyond manufacturing, the company provides a suite of services to support vehicle owners and other businesses within the automotive sector. These services include motor vehicle refitting, repair, and maintenance, which are essential for the longevity and reliability of heavy-duty vehicles.

• Construction Machinery:

Expanding its manufacturing capabilities, Hanma Technology Group produces construction machinery, emphasizing its role in supporting infrastructure development projects apart from its primary focus on vehicle manufacturing.

• Automotive Sales and Leasing:

The company engages in the sale of new cars, including energy vehicles, indicating its participation in the growing market for environmentally friendly transportation solutions. It also operates in car rental and second-hand car distribution, offering a comprehensive range of automotive purchasing and leasing options to its customers.

• Technical and Consultation Services:

Hanma Technology Group provides technical, technology development, consultation, exchange, transfer, and promotion services. This aspect of its business highlights the company's commitment to innovation and technological advancement within the automotive and heavy machinery industries.