Production Line
Shandong Hengwang Group Co., Ltd., Relying on technological innovation, Hengwang has a comprehensive layout for product research and development. The main product lines currently include three major sectors: drilling machinery, engineering machinery, and components. These cover more than 40 categories, such as excavators, bulldozers, drilling machinery, new energy photovoltaic pile drivers, road rollers, and tracked transport vehicles. Among these, the drilling equipment ranks at the forefront of the industry, with an increasing market share in the excavator sector.
Hengwang is actively expanding into overseas markets, with its business coverage growing year by year. The Group's overseas business spans most of the countries and regions along the "Belt and Road" initiative, aligning well with national development strategies. Currently, the overseas market accounts for over 40% of the total, encompassing more than 120 countries and regions. In 2021, the Group established an overseas branch in Indonesia and progressively set up overseas warehouses in countries and regions such as the Philippines, Indonesia, Russia, and the Middle East, gradually establishing a global logistics network and component supply system.
R&D
Shandong Hengwang Group Co., Ltd., This national high-tech enterprise is a true powerhouse, seamlessly integrating product research and development, design, manufacturing, international trade, e-commerce, and logistics transportation. Hengwang's success story hinges on its unwavering commitment to technological innovation, evident in its diverse product lines comprising drilling machinery, engineering machinery, and components, encompassing more than 40 categories, including excavators, bulldozers, drilling machinery, new energy photovoltaic pile drivers, road rollers, and tracked transport vehicles. Notably, their drilling equipment leads the industry, consistently gaining ground in the excavator sector.