Company Profile
Company Profile

Shandong Hengwang Group Co., Ltd., founded in 2011 with a registered capital of one hundred million yuan, is located in the cultural city of Shandong Jining, known as the "Canal Capital" and the birthplace of Confucius and Mencius. The factory covers an area of 100,000 square meters and currently employs over 1,000 people. It is a national high-tech enterprise integrating product research and development, design, manufacturing, international trade, e-commerce, and logistics transportation.

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.

Hengwang practices technological research and development and promotes comprehensive product upgrades. The Group has achieved breakthroughs in the fields of new energy and intelligent modification, successfully applying remote control technology to various drilling equipment to ensure construction safety. In the excavator field, they have overcome multiple technical challenges and continuously introduced various new types of excavation equipment, fully assisting customers in achieving multi-functional use and higher returns.

Throughout its history, Hengwang Group has been accelerating the standardization of intellectual property rights, emphasizing talent cultivation, and driving continuous company development through management and technological innovation. Along the path of independent innovation, they have obtained more than 100 cumulative patents, including invention patents, design patents, utility model patents, and software copyrights. They have also received certifications for more than 10 quality and safety testing projects, including ISO, EU CE, Germany TUV, and France BV.

Guided by the core values of "Perseverance, Virtue, and Enduring Achievement" Hengwang is committed to providing the broadest range of customers with the highest value products and services. They are continuously advancing towards the goal of building a century-old brand and creating a top-tier corporate culture.

Choose Hengwang for prosperous projects and flourishing careers!

Our History
2011-2015
The stage of arduous entrepreneurship
2011 - In May, Hengwang Company was established. On October 24, Jining Hengwang Industrial and Mining Machinery Co., Ltd. was registered and established.
2013 - In May, Hengwang Company relocated and simultaneously established an international trade team.
2014 - In June, Jining Luheng Machinery Equipment Co., Ltd. was registered and established. In December, the "HW" logo was registered as a trademark.
2015 - In November, Shanghai office was established, leading to the establishment of Shanghai Hengwang Machinery Equipment Co., Ltd.
2016-2017
The stage of riding the wind and breaking the waves
2016 - In January, Hengwang's headquarters relocated to Haineng E-commerce Park. In February, Shandong Hengwang Heavy Industry Co., Ltd. was established and put into production. 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.
2017 - 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."
2018-2020
Winning at every step
2018 - 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."
2019 - In December, Shandong Hengwang Group Co., Ltd. was recognized as a "National High-Tech Enterprise".
2020 - company has been recognized as a National High-Tech Enterprise, a Shandong Province Specialized, Fined, Peculiar and New (Specialist, Precise, Special, Novel) Enterprise, and a key research and development plan project in Jining City.
2021-2024
To forge a new landscape
2021 - In March, the wheeled excavator and small-sized crawler excavator projects were launched.
2022 - In September, Hengwang Group's Indonesian subsidiary was registered and established.
2023 - In August, establishing overseas branches in Russia, Chile, and other countries, as well as an overseas warehouse in Jakarta, Indonesia. In the fiscal year 2023, the group's total sales exceeded 1.6 billion RMB.
2024 - The 200,000 square meter new Hengwang Industrial Park, located in the Yunhe Development Zone, has officially commenced operations. Completed the establishment of primary distributors in major countries worldwide.
Hengwang Group
Shandong Hengwang Group Co., Ltd.
Address: 24/F, Block C, Haineng E-commerce Industrial Park, No. 6 Jinyu West Road, Rencheng District, Jining City, Shandong Province, China. 272007
Hotline: +8615265753897
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