ZheJiang Hangji Machine Tools Company Ltd.

Zhejiang Hangzhou Machine Tool Co., Ltd. was founded in 1921. Its predecessor was Daye Iron Works, which was acquired by the Hangzhou Municipal People's Government from private business owners in November 1951 and renamed the state-owned Hangzhou Iron Works. In November 1957, it was renamed Hangzhou Machine Tool Factory. It is a high-end equipment research and development enterprise with nearly a hundred years of development history. It is a key backbone enterprise in China's machine tool industry and a leading enterprise in the grinding machine industry. The company focuses on the research and development and manufacturing of medium and high-end CNC precision planes, precision molding and various precision special grinding machines for national economic construction and national defense force construction, and is a high-tech enterprise that takes solving the "bottleneck" problem in the field of high-end manufacturing and building a strong manufacturing country as its own responsibility.

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