More than 85% of the power tools used in the world are produced in China, and many parts of the power tools produced abroad are also processed in China. China's power tools exports account for about 40% of the world's total power tools exports. The output of power tools in Jiangsu Province accounts for more than 50% of the total national output; the output of power tools in Zhejiang Province accounts for more than 30% of the total national output. Following closely are provinces and cities such as Guangdong Province, Shanghai City and Fujian Province. my country's power tools are mainly exported, with exports accounting for 85% to 90% of the total output, and domestic market sales accounting for 10% to 15%. Although domestic power tools are exported in large quantities, the market share of domestic power tools is still more than 90% in the domestic market, and it has formed power tool manufacturing bases such as Qidong, Yongkang, Yuyao and Guangdong in Jiangsu.
China Power Tools Industry Base
Jiangsu Qidong
Qidong is a nationally renowned "hometown of power tools". There are many companies engaged in the production of power tools. Qidong's professional power tools market has been awarded the title of "China's First City of Power Tools" by the China Hardware and Electrical Association.
Zhejiang Yongkang
Yongkang is a nationally renowned "hometown" and "hardware capital". The output value of the hardware industry accounts for more than 90% of the total industrial output value. It is the largest hardware product production base and distribution center in the country. Yongkang's power tools are one of the largest power tools export bases, and are known as the top three power tools in the world, along with Japan and Germany.
Zhejiang Yuyao
Yuyao currently has more than 300 power tool companies. It produces nearly 20 million power tool products in eight major series, including electric drill, electric planer, chainsaw, , etc., and the output of various accessories accounts for about 50% of the total national output. In April last year, it was awarded the "China Electric Tool Manufacturing Base" by China Electrical Appliance Industry Association , becoming the third largest Chinese power tool industry base after Qidong, Jiangsu and Yongkang, Zhejiang.
China's main power tools enterprise distribution
Jiangsu Province
Quanfeng Group
Quanfeng Group
https://www. ml1 founding time: 1993
Founder: Pan Longquan
Listing overview: May 10, 2019 Shanghai Stock Exchange Main Board A shares (603982)
Enterprise overview: Quanfeng focuses on handheld power tools , table-type power tools, electronic laser tools and garden tool product business. With its advanced R&D, testing, manufacturing strength and global marketing, industrial design and after-sales service team, Quanfeng provides customers with excellent solutions and wins customer satisfaction and recognition. Quanfeng's products are marketed in more than 30,000 chain stores in 65 countries around the world.
Company address: No. 529, 159, Jiangjun Avenue, Jiangning District, Nanjing
Jiangsu Sumeida Hardware Tools Co., Ltd.
Initial time: December 26, 1997
Initial time: December 26, 1997html ml0 registered capital: RMB 93.5 millionCurrent chairman: Liu Kai
Holding company: Jiangsu Sumeida Group Co., Ltd.
Enterprise profile: Jiangsu Sumeida Hardware Tools Co., Ltd. was established in 1997 and is one of the six major professional subsidiaries of Jiangsu Sumeida Group Co., Ltd. Sumei Hardware Tools insists on taking the market as the leader, technology research and development as the core, and independent industry as the support, and continues to promote the pace of industrialization development of trade, industry and technology integration, and actively integrates excellent domestic and foreign resources with outstanding capabilities. Sumeida Hardware Tools has now developed into an industrial enterprise integrating the research and development, manufacturing and sales of electric tools, garden tools, industrial parts, small power machinery, wind energy, solar energy and other products. Traditional industries represented by power tools and emerging industries represented by wind and solar energy are moving forward together to comprehensively build the company's sustainable development capabilities.
Company address: No. 1 Xinghuo Road, Nanjing
Greebo (Jiangsu) Co., Ltd.
Initial time: July 2, 2002
Registered capital: 3 RMB 64.62 million
Founder: Chen Yin
Enterprise profile: Greebo (Jiangsu) Co., Ltd. was established in 2002. It is a group company that develops, manufactures and sells new energy garden machinery products. It has its own brands Greenworks and Powerworks. Its products are directly sold to Europe, America, Southeast Asia and the "Belt and Road" countries, covering the top ten comprehensive building materials and life supermarkets in the world. With the headquarters of Changzhou as the center, Greebo has established R&D and sales companies in North America, Europe and Hong Kong respectively. It has more than 5,000 employees in China, more than 200 employees in North America, more than 500 factories in Vietnam, and more than 100 employees in Europe. Greebo's sales performance has grown at a growth rate of 30% per year. Greebo established the Engineering Technology Research Center as the company's technical research and development institution in 2007, and obtained the Engineering Technology Research Center of Jiangsu Province's "Intelligent Gardening Joint Industry Machine" in 2011
Enterprise address: No. 65-1 Xinggang Road, Zhonglou Economic Development Zone, Changzhou City
Jiangsu Jinding Electric Tool Group Co., Ltd.
Founded time: 1994
html ml0 registered capital: RMB 50.8 millionFounder: Lu Zhongqing
Social evaluation: Jiangsu Province’s outstanding builder of socialism with Chinese characteristics
Enterprise profile: Jiangsu Jinding Power Tools Group Co., Ltd. focuses on the research and development, manufacturing and sales of power tools, and is committed to providing safe, reliable, durable and easy-to-use power tool products and professional pre-sales and after-sales services to help global customers and partners achieve success. Jinding was founded in 1994, and its main products are divided into three series: desktop tools, charging tools, and alternating tools. It currently has more than 2,000 employees, the company covers an area of 550,000 square meters, has modern industrial factories, professional production equipment and nationally recognized laboratories. It is currently a power tool production base with large production scale, complete specifications and many varieties in China. In 2009, it was awarded the title of "The vanguard of China's power tool industry".
Company address: No. 28, Jinding Road, Huangli Town, Wujin District, Changzhou City
Jiangsu Jinfeida Electric Tools Co., Ltd.
Hometimes: June 30, 1994
Registered capital: 40.7808 million yuan
Legal representative: Zhang Qingqi
Enterprise Overview: Jiangsu Jinfeida Electric Tools Co., Ltd. is located in the township district of Xijia Town, Gaoyou City. It was founded in 1984. Through decades of hard work and reform and innovation, Jinfeida has developed into a key production base in the country's leading export-to-exchange township enterprises and a large-scale business scale in the machinery industry; Jiangsu Province's celebrity enterprises, advanced quality management units, and advanced scientific and technological progress enterprises; Jinfeida mainly produces a series of induction motors, serial motors, household drills, woodworking belt blocks, woodworking lathes, grinding machines, belt mills, cutting machines, curve machines, and garden saws, with an annual production and export volume of more than 3.5 million units.
Company address: No. 156, Dongfeng Street, Xijia Town, Gaoyou City
Baoshide Technology (China) Co., Ltd.
HD 1994
registered capital: US$50 million
Founder: Gao Zhendong
Enterprise profile: Baoshide Group was founded in 1994. It is a multinational company integrating power tool research and development, manufacturing and marketing, and has internationally renowned power tool brands.The group owns more than a dozen overseas branches in the United States, the United Kingdom, Italy, Germany, Australia, two major overseas R&D subsidiaries in Italy and Australia, as well as two major manufacturing bases of Suzhou and Zhangjiagang. It is one of the largest electric tool manufacturers and exporters in China. WORX, a well-known brand under Baoshide Group, has a high-end product positioning, covering professional, garden, household and other power tools categories. Its customers cover many countries and regions around the world, and the market share of some products has exceeded that of traditional well-known brands in the world. WORX WORX successfully entered the Chinese market in 2007, won the title of "Jiangsu Famous Trademark" in 2010, and won the title of "CCTV China Brand of the Year" in 2012, and won the title of "CCTV China Brand of the Year" in 2012, and won high popularity in the international and domestic power tool markets.
Company address: No. 18 Dongwang Road, Suzhou Industrial Park
Tianyou Electrical Appliances (Suzhou) Co., Ltd.
Founding time: December 6, 2006
Registered capital: US$50 million
Founder: Chen Hong
Hang Company overview: Tianyou Electrical Appliances (Suzhou) Co., Ltd. was established in 2006. It is an enterprise integrating the research, development, manufacturing and sales of vacuum cleaners, garden tools, power tools and high-speed micromotors. Located on the banks of the beautiful Yangcheng Lake in Suzhou, it covers an area of more than 130,000 square meters, has a construction area of more than 80,000 square meters, a total investment of more than 110 million US dollars, and has a total fixed assets of nearly 200 million yuan. Tianyou Electric Appliances is one of the largest manufacturer and sellers of wet and dry vacuum cleaners and lawn mowers in China.
Company address: No. 8 Tingrong Street, Suzhou Industrial Park
Jiangsu Dongcheng Electric Tools Co., Ltd.
Hometimes: 1995
Registered capital: 37.8 million
Founder: Gu Zhiping
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Social Honor: On May 21, the 2019 Nantong Second Trade Conference was a complete success. Mr. Gu Zhiping, Chairman of Jiangsu Dongcheng Electric Tools Co., Ltd., was awarded the honorary title of "Outstanding Trade"
Enterprise Overview: Jiangsu Dongcheng Electric Tools Co., Ltd., founded in 1995, is one of the key backbone enterprises in China's professional electric tool manufacturing. It has built a complete industrial production base for the vice chairman of the Electric Tools Branch of the China Electrical Appliance Industry Association. It currently covers an area of 139,000 square meters and has a construction area of 88,000 square meters. It has a modern industrial factory and first-class production and testing equipment. It also has a group of professional senior engineers , and a team of middle and senior management and technical personnel. It currently has more than 3,800 employees. Dongcheng Company mainly produces various power tool products and spare parts such as rotors and stators. All power tool products produced within the national 3C certification scope have passed the certification and obtained the certification certificate. There are special distributors in all major and medium-sized cities across the country, and they are exported to more than 50 countries and regions including Southeast Asia, South Asia and the Middle East. Dongcheng has become a leading enterprise in the domestic power tool industry. There are already 600 dealers in China, about 7,000 exclusive online stores, and after-sales outlets are spread all over the country.
Company address: Tianfen Town, Qidong City, Jiangsu Province
Jiangsu Iron Anchor Tools Co., Ltd.
Home time of creation: 1998
Registered capital: 139.99 million yuan
Registered capital: 139.99 million yuan
html ml0 Founder: Zhou HaichunEnterprise profile: Jiangsu Iron Anchor Tools Co., Ltd. was established in 1998. It specializes in the research and development, production and sales of power tool products, and is committed to building a world-class tool factory; Iron Anchor currently has more than 1,000 employees, including more than 500 technical workers, with a production capacity of 10,000 units per day; Iron Anchor's first handheld direct drive external rotor power tool was developed by 150 senior engineers for 3 years and has been manufactured locally in Germany for 9 consecutive years, with a total of more than 100 million units.
Company address: No. 88 Tiediao Road, Binhai New District, Haimen City
Jiangsu Dayi Mechanical and Electrical Tools Co., Ltd.
Initial time: July 30, 2012
html ml0 registered capital: RMB 100 millionFounder: Huang Jianping
Enterprise overview: Jiangsu Dayi Electrical Tools Co., Ltd. is a wholly-owned subsidiary of Jiangsu Dayi Control Investment Co., Ltd., with a total registered capital of subsidiaries and parent company of RMB 200 million and an annual turnover of nearly RMB 2 billion. It is a manufacturing enterprise based in China and facing the world that specializes in the research and development, design, manufacturing, testing and sales of lithium battery power tools. Dayi now has two production bases, covering a total area of more than 100,000 square meters, with modern factory buildings, first-class production and testing equipment, as well as a group of professional engineers and senior management teams. At present, the third production base with a total investment of 2 billion yuan and an area of more than 100,000 square meters is about to start construction, and the annual production capacity will exceed 30 million units after completion and production.
Company address: No. 99, Hehai East Road, Haimen Economic and Technological Development Zone, Haimen City
Jiangsu Hengfeng Electric Tools Co., Ltd.
Initial time: June 14, 2002
registered capital: RMB 5 million
Executive Director: Li Huiping
Enterprise profile: Jiangsu Hengfeng Electric Tools Co., Ltd. was established in 2002. The company is located in Qidong Tianfen Technology Hardware Industrial Park on the shore of Huanghai . It is a comprehensive enterprise dedicated to the research and development, manufacturing, sales and service of power tools. In 2008, it has successfully transformed from a pure processing enterprise to a development enterprise with independent R&D capabilities.
Company address: Dongshou
Nantong Chuangming Power Tools Co., Ltd.
Initial time: December 2, 1996
registered capital: US$100,000
Executive Director: Chen Yihua
Enterprise profile: Chuangming Power Tools Co., Ltd., established in 1996, is a modern joint-stock enterprise gradually developed on the basis of a wholly-owned Taiwanese enterprise, integrating R&D, production, sales and services. Chuangming is located in Qidong, a famous power tool industry base in China and a coastal city in Nantong. It has a factory area of 25,000 square meters. Chuangming has been focusing on the research and development and production of power tools for 20 years. It has advanced domestic testing and experimental equipment and modern production lines, and produces 3 million sets of various power tools annually.
Company address: Tianfen Town, Qidong City, Jiangsu Province
Wuxi Xinju Electric Tool Co., Ltd.
Home time of creation: January 10, 2002
Registered capital: RMB 45 million l2
Founder: Sun Yanxin
Enterprise Overview: Wuxi Xinju Electric Tools Co., Ltd. was newly developed on the basis of the original Juhua Electric Tools. It was established in 2003. The factory covers an area of 23,926 square meters, has a factory area of 7,060 square meters, 16 modern assembly lines, and a relatively high degree of automation of lithium battery workshop has been put into use, allowing Xinju to master the existing production capacity of core technologies, with a monthly output of 100,000 to 150,000 units. For a long time, Xinju has focused on the research and development and production of DC power tools, and has more than 20 years of rich experience in the electric industry. After so many years of hard work and accumulation, Wuxi Xinju has a very good reputation in the industry.
Company address: Hongguang Village, Shuofang Town, New District, Wuxi City
Suzhou Yinghe Tools Co., Ltd.
Registration time: September 28, 2016htmlm l3
Registered capital: RMB 10 million
Legal representative: Ye Xiuying
Company overview: Yinghe has its own original brand and is registered globally. As of 2016, the global application coverage rate of private brand trademarks (based on population) reached 99.96%. Yinghe has a professional and strong product research and development team that independently designs and develops products. As of 2016, it has applied for more than 200 product patents. Yinghe Tools has built smooth sales channels in more than 100 countries around the world and built an efficient logistics and distribution system, and has become a good helper for people around the world in their work and life. Since its establishment, Yinghe has been at the forefront of the commercial value chain and has maintained rapid growth every year. It has become a leading enterprise in the domestic tool industry and can advance to a win-win market with the Fortune 500 companies in the international tool industry, and still maintain a rapid development momentum.
Company address: No. 45 Songbei Road, Suzhou Industrial Park
Shanghai
Ruiqi Holdings Co., Ltd.
Home time of creation: April 29, 2000
registered capital: RMB 303.9576 million
Founder: Wu Mingtang
Listing summary: October 13, 2010 Shenzhen Stock Exchange GEM A-shares (300126)
Enterprise profile: Ruiqi Holdings Co., Ltd. was founded in 2000. The company is committed to the research and development, production, sales and technical services of professional-grade power tools. Ruiqi's main products cover 20 series, and more than 100 specifications are widely used in industrial manufacturing and other fields.
Company address: No. 5 Xinrong Road, Xinqiao Town, Songjiang District, Shanghai
Zhejiang Province Zhejiang Yate Electric Co., Ltd. Initial time: 2002
registered capital: RMB 302.1097 million
Founder: Chen Yong
Enterprise profile: Zhejiang Yate Electric Co., Ltd. was established in 2002 with a registered capital of US$51 million. It currently has two production bases of Zhejiang Jiaxing and Ningbo . It has sales branches in Hangzhou, the United States, Europe, the United Kingdom and other places, with a total number of employees exceeding 1,800. It is a modern manufacturing enterprise mainly based on garden machinery, power tools and smart products. Zhejiang Yate Electric Co., Ltd. was established in 2002. In the past 18 years of development, Yate has rapidly grown into a leading enterprise in the domestic industry. Since 2009, Yat has become the world's leading electric chain saw manufacturer, with more than 1 million electric chain saws sold annually. The development of Yat Electric Appliances is due to its advanced R&D and innovation capabilities, a complete management system and good service capabilities.The company has a R&D team of nearly 170 people and a national laboratory, and has obtained 83 invention patents and various utility model and appearance patents, totaling 397. It has more than 80 countries and 100 international front-line customer partners.
Company address: No. 150 Wenlong Road, Yuxin Town, Nanhu District, Jiaxing City, Zhejiang Province
Ningbo Daye Garden Equipment Co., Ltd.
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Legal representative: Ye Xiaobo
Listing overview: Shenzhen Stock Exchange GEM A-shares (300879)
Enterprise overview: Ningbo Daye Garden Equipment Co., Ltd. was established in February 2006 and completed the shareholding transformation in December 2016 with a registered capital of 120 million yuan. The company is located at No. 58, Jinfeng Road, Economic Development Zone, Yuyao City. The company has a total investment of 280 million yuan, covering an area of more than 121 mu, and the factory building area is 150,000 square meters. Daye is a joint venture between Taiwan, Hong Kong and Macao and domestic companies that combines talent-entrenched entrepreneurial and technology-intensive products. It specializes in the production of garden machinery, gasoline engines and agricultural machinery and other products, and is mainly sold to developed countries and regions such as Europe and the United States.
Company address: No. 58, Jinfeng Road, Yuyao City, Zhejiang Province
Zhejiang Sanfeng Industrial Co., Ltd.
Home time of creation: 1992
Registered capital: 87 million yuan
Registered capital: 87 million yuan
Founder: Huang Huifei
Enterprise profile: Zhejiang Sanfeng Industrial Co., Ltd. (hereinafter referred to as "Sanfeng" or "Company"), with a registered capital of 87 million yuan. It is located in Yongkang, Zhejiang, the capital of China's power tools. It has two major production bases covering an area of 1350 million square meters. It is a joint-stock private enterprise integrating the research and development, production and sales of electric garden tools, power low-speed garden machinery, lithium-electric garden tools, and electric welding machines. The company is a world-renowned manufacturer and seller of electric chain saws, and has been among the best in the field of garden tools for many years. It has been one of the top 100 taxpayers in Yongkang for 13 consecutive years. In 2019, the company achieved operating income of 780 million yuan, and maintained steady growth under the severe situation of continuous friction and escalation of Sino-US trade.
Home Address: Mingyuan South Avenue, Economic Development Zone, Yongkang City, Zhejiang Province No. 7
Zhejiang Zhongjian Technology Co., Ltd.
Founding time: 1997
Registered capital: 132 million yuan
Legal representative: Wu Minggen
Stock market overview: Shenzhen Stock Exchange Small and Medium Board A-share
Enterprise overview: Zhejiang Zhongjian Technology Co., Ltd. was established in 1997 and is a comprehensive export enterprise specializing in the production of outdoor power garden machinery. It covers an area of more than 71,000 square meters and has more than 860 employees, including 112 professional experience in technology development, foreign trade, management, etc. In 2000, Zhongjian began to engage in the field of garden machinery and cooperated with world-renowned R&D companies to develop gasoline chain saws. Since 2008, Chung Stan has provided a full range of chain saw products to global partners. Today, the backbone products have covered multiple series of garden tools.
Company address: No. 10 Mingyuan South Avenue, Economic Development Zone, Yongkang City, Zhejiang Province
Zhejiang Crown Power Tool Manufacturing Co., Ltd.
Initial time: 2001
registered capital: US$3.1 million Legal representative: Sha Yunbin Enterprise profile: Zhejiang Crown Power Tool Manufacturing Co., Ltd. was established in 2001. It is committed to building a leading modern tool manufacturing base in the industry. It follows the concept of "strength R&D and refined manufacturing". The products have always maintained high quality and innovation and are sold well at home and abroad. In recent years, Zhejiang Crown has actively introduced and learned from advanced domestic and foreign production, operation and management experience, continuously increased investment in equipment, and promoted the modern manufacturing level to a new level.Adhere to the path of scientific and technological innovation and continuously improve R&D capabilities and technical level. According to statistics, Zhejiang Crown invested a total of 28.36 million yuan in research and development expenses in the past three years, accounting for 4.61% of the total sales revenue in the same period. Company address: Industrial Park, Jinhua City, Zhejiang Province Guangdong Province Dongguan Chuang Mechanical and Electrical Products Co., Ltd. Date of establishment: October 20, 2003 Registered capital: US$47 million Legal representative: Wang Yingquan affiliated enterprise: Hong Kong Chuangke Industrial Group (TTi) Enterprise positioning: TTi Asia Pacific Manufacturing Base Enterprise profile: Chuangke Industrial Co., Ltd. ("Chuangke Industrial") is a fast-growing and leading global power tools, accessories, hand tools, outdoor gardening tools and floor care products. It specializes in providing home decoration, repair, maintenance, construction and infrastructure products for consumers, DIY people, professionals and industrial users. Chuangke Industry is accelerating the change of the industry through environmentally friendly rechargeable technology. Chuangke focuses on strategies of strong brands, innovative products, excellent operations and outstanding talents, and continuously promotes our corporate culture. The strong brands of Chuangke Industry, such as MILWAUKEE, RYOBI, and HOOVER, have a long history and distinctive products, excellent quality, excellent performance, and are brave in innovation, which is widely recognized by the world. All employees of the company are constantly enthusiastic about rechargeable technology and innovation, and have strong customer partners, Chuangke Industrial can continuously provide customers with satisfying and productive new products. This focus and motivation have made Chuangke Industrial a leading position in the market and continue to grow. Chuangke Industrial was established in 1985 and listed on the Stock Exchange of Hong Kong (“Hong Kong Exchange”) in 1990. It has now been included as one of the fifty constituent stocks of Hang Seng Index . The company has customers all over the world and employs more than 30,000 people. Chuangke Industrial maintained a solid financial position, while its global sales in 2019 exceeded US$7.7 billion. Company address: No. 2 Hujing Avenue, Houjie Town, Dongguan City, Guangdong Province
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