13.07
+1.71%
Close of 9 Nov 2026, in CNY
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About Hangzhou Advance Gearbox Group Co
Its shares trade on Shanghai under the ticker 601177.SS. It has been listed since 11 October 2010. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.40bn and net income of CN¥253.5m. At that date it held total assets of CN¥5.35bn and shareholders' equity of CN¥2.84bn.
Hangzhou Advance Gearbox Group Co., Ltd. is engaged in the design, manufacture and sale of transmission and powder metallurgical products. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2010-10-11. The firm's main products include marine gearboxes and marine propulsion systems, construction machinery gearboxes, wind turbines and industrial gearboxes, automotive transmissions, agricultural machinery gearboxes and drive axles, friction materials and friction plates, elastic couplings, as well as related castings, forgings and spare parts. The firm distributes its products in domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 11 Oct 2010
- Employees
- 2,913
- Website
- chinaadvance.com ↗
Leadership
Pay as last reported
- Mr. Shuiyu YangExecutive Chairman of the Board, since 2011CN¥765,500
- Mr. Beida ZhangFinance Director
- Mr. Huanhui ZhouGeneral Manager, Director, since 2021CN¥443,600
- Mr. Lin DengDeputy General ManagerCN¥584,900
- Mr. Bo HouDeputy General ManagerCN¥658,000
- Mr. Yuan LouDeputy General ManagerCN¥553,500
- Mr. Jianyuan QinDeputy General Manager
- Mr. Dejun ZhangSecretary of the Board, Director, since 2017CN¥562,600
- Mr. Yuecheng HuangStaff Elected Director
- Mr. Luxiao YuDirector
- Ms. Jing ZhangDirector
- Mr. Xianchang FuIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hangzhou Advance Gearbox Group employs 2,913 skilled workers for machinery production.
- Marine gearboxes and propulsion systems are key products for global marine markets.
- Wind turbines and industrial gearboxes support renewable energy sector growth.
Weaknesses
- Limited domestic market presence beyond Zhejiang province in China.
- Overreliance on construction machinery gearboxes for revenue streams.
- No mention of international market expansion beyond current overseas sales.
Opportunities
- Growing demand for wind turbine gearboxes in renewable energy projects.
- Expansion into automotive transmission markets for electric vehicles.
- Increasing global demand for marine propulsion systems in shipping industry.
Threats
- Competition from domestic machinery manufacturers in China.
- Economic downturns affecting construction and automotive sectors.
- Supply chain disruptions impacting global machinery exports.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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