Development

Hengwang Industrial Park in Jibei New District is slated for production.

Large bulldozers and excavators have achieved mass production.

Hengwang Group's Total Sales Exceed 3.5 Billion.

Layout of First-Level Distributors in Major Countries Worldwide Completed.

In August, Hengwang's self-produced HW16D and HW22D series bulldozers rolled off the production line.

In September, Hengwang Group's Indonesian subsidiary was registered and established.

In March, the wheeled excavator and small-sized crawler excavator projects were launched.

In March, the company participated in COVID-19 relief donation activities and was awarded the title of "Jining City Caring Enterprise."

In May, the environmental upgrade and renovation of the group's headquarters were completed.

In December, Shandong Hengwang Group Co., Ltd. was recognized as a "National High-Tech Enterprise."

In July, the company's products obtained the European Union CE certification and ISO:9001 certification for the three systems.

In October, the company's self-manufactured products participated for the first time in the international machinery exhibition "Russia International Machinery Exhibition."

In November, the Communist Party of China (CPC) branch committee of Shandong Hengwang Group Co., Ltd. was established.

In January, General Manager Liu Mingtao was elected as the "Youth Entrepreneurial Pioneer" in the third Jining city session.

In April, Jining Hengwang Catering Management Co., Ltd. was established, and Jining Hengwang Fitness Club Co., Ltd. was also established.

In July, Jining Hengwang Industrial and Mining Machinery Co., Ltd. was recognized as a "Contract-Honoring and Credit-Respecting Enterprise."

In December, Jining Hengwang Industrial and Mining Machinery Co., Ltd. was recognized as a "High-Tech Enterprise in Jining City."

In January, the company's headquarters relocated to Haineng E-commerce Park.

In February, Shandong Hengwang Heavy Industry Co., Ltd. was established and put into production.

In March, the Communist Party of China (CPC) branch of Jining Hengwang Industrial and Mining Machinery Co., Ltd. was established.

In August, Shandong Hengwang Group Co., Ltd. was registered and established.

In November, the group's first utility model patent application was successfully exhibited at the Shanghai International Bauma Exhibition.

In May, the drilling equipment showroom began receiving customers.

In November, a Shanghai office was established, leading to the establishment of Shanghai Hengwang Machinery Equipment Co., Ltd.

In June, Jining Luheng Machinery Equipment Co., Ltd. was registered and established.

In December, the "HW" logo was registered as a trademark.

In May, the company relocated and simultaneously established an international trade team.

In September, the company expanded its staff for the first time, reaching a total of 20 employees.

In May, Hengwang Company was established.

On October 24, Jining Hengwang Industrial and Mining Machinery Co., Ltd. was registered and established.