Company introduction
Jining Hengwang Mining Machinery 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.
Company video
R&D Capacity
- R&D Engineers
- 20 people
- Production Machines
- Laser cutting machine, Bending machine, Assembly line
- Customization Options
- Customization from Samples, Customization from Designs, Full Customization, Minor Customization
- New Products Launched in Last Year
- Yes
Trade Capacity
- Export Year
- 13 years
- Main Markets
- South America, Europe, Southeast Asia/ Mideast
- Nearest Port
- Qingdao Port
- Terms of Payment
- LC, T/T, D/P, PayPal, Small-amount payment, Western Union
- Average Lead Time
- Peak Season Lead Time: within 15 workdays Off Season Lead Time: within 15 workdays
- Overseas Agent/Branch
- Yes
- Supply Chain Partners
- 2
- Minimum Order Quantity
- 1 set
- Number of Foreign Trading Staff
- 55
- International Commercial Terms(Incoterms)
- FOB, CIF, CFR, EXW
General Information
- Address
- Floor 24, Block C, Haineng International, No. 6, Jinyu Road, Rencheng Zone,Jining, Shandong, China (Mainland)
- Plant Area
- 2000 square meters
- Business Type
- Manufacturer/Factory & Trading Company
- Main Products
- Mining Machine, Drilling Machine, Railway Equipment, Road Machinery, Electrical Equipment, Hydraulic Tools, New Energy, Pump, Piling Machine, Exploration Equipment
- Registered Capital
- 10,800,000 RMB
- Number of Employees
- 216
- Repeat Buyers Choice
- 50%~80%
- Product Certification
- CE
- Year of Establishment
- 2011-10-24
- Cooperated with Fortune 500
- Yes
Production Capacity
- Production Lines
- 3
- QA/QC Inspectors
- 28 people
- Traceability of Raw Materials
- Yes
- Inspection Type for Finished Products
- 100% inspection(Visual inspection & Function inspection)
- Inspection Method for Finished Products
- Finished product checked by packing staff