Zhejiang Huachang Hydraulic Machinery Co., Ltd., Being the chief former experimental works directly under Zhejiang institute of Mechanical and Electrical Engineering, has been charged with the dual tasks of trial-manufacture of scientific research and product development for a long time. With multiple years'developing, the company has become one specializing company in production of hydraulic parts, and the hydraulic cylinder is its leading product. Under the conditions of complete methods of production test, high ability of technique developing, the company is considered as a hi-tech industrial enterprise. In November, 2003, Zhejiang Institute of Mechanical and Electrical Engineering Co., Ltd., together with Zhejiang Hangcha Engineering machinery Co., Ltd, jointed venture on the basis of the chief former experimental works.

The company covers an area of 20, 000 square meters, and has more than 200 workers and staff, of them there are 35 engineers and technicians. In addition, there are also more than 200 manufacturing facilities, of them there are more than 100 metal-cutting machines and there are more other key equipments such as special equipments for precise cylinder-machine, auto-oil painting lines, auto-wedding machines, strengthen test-bed for hydraulic cylinder, etc. Thanks to the implementation of technological transformation and research, The company performs computer-aided management and hydraulic cylinder designed with CAD and CAM.