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2025Invested over 270 million RMB in a new 70,000+ sqm plant with advanced equipment;Successfully developed and launched Rexroth PV7 series variable vane pumps and integrated servo units;Became a council member of Zhejiang Rubber and Plastics Association
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2024Initiated a 50 million RMB gearbox project; Acquired 45 acres of land in Fenghua District; Commenced construction of new plant
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2023Obtained Authoritative Classification Societies from U.K. LR and Japan NK classification societies
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2022Successful R&D and launch of Yuken PV2R series vane pumps;Became a governing council member of HPSA (China Hydraulic Pneumatic and Sealing Association) and standing vice chairman unit of NHPSA (Ningbo Hydraulic Pneumatic and Sealing Association)
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2021
Recognized as a National "Little Giant" Enterprise by MIIT
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2020
Successful R&D and launch of Eaton Vickers V series and Parker Denison M series vane motors
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2019
Took a leading role in formulating national industry standards for vane pumps
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2018
Invested 50 million RMB to introduce German technology;
Successfully developed and launched VG series internal gear pumps -
2017
Became a subsidiary of Baosi (Stock Code: 300441); Established Ningbo Engineering Technology Center
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2016
Awarded Second Prize for Technological Progress in HPSA (China Hydraulic Pneumatic and Sealing Association);
Products certified by U.S. ABS and France BV classification societies -
2015
Recognized as a Ningbo Famous Brand Product
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2014
Successful R&D and launch of ABT series servo vane pumps
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2013
Received National Innovation Fund support;
Became a strategic partner of Zhejiang University of Technology;
Obtained Authoritative Classification Societies from China CCS and Norway DNV;
became an authorized first-tier distributor for KEBA of Austrian -
2012
Formed strategic partnerships with Zhejiang University, Ningbo Yunsheng Co., and Haitian Drive (Sumitomo Pump);
Became a core supplier to Zoomlion -
2011
Recognized as a National High-Tech Enterprise;
Became a core supplier to China Shipbuilding Heavy Industry Group -
2010
Successful R&D and launch of Parker Denison T6 and T7 series high-pressure vane pumps
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2009Began providing integrated servo solutions;Became a servo system integrator and strategic partner of Delta Electronics and Physis motor
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2008
Successful R&D and launch of Eaton (now Danfoss) V, VQ, V10, V20 series and Tokimec SQP series vane pumps
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2007
Establishment of Ningbo Nvicks Hydraulic Co., Ltd.
