SUBSIDIALRIES - TOOLKING

TOOLKING

Zhejiang TOOLKING Hardware Tools Co., Ltd. is a professional R & D, production and sales of hardware hand tools manufacturing enterprises. The company is located in Hangzhou Bay Shangyu Economic and Technological Development Zone. It was put into operation in September 2010, with a registered capital of 11.7 million US dollars and a total investment of 25 million US dollars. It covers an area of 100 mu and currently employs more than 300 people.

 

The company specializes in the development and production of ratchet wrench and hand tool set products, relying on years of accumulated R & D technology and innovative ideas, as well as the introduction of foreign multi-station cold heading machine and high-precision CNC equipment, advanced cold heading technology, has become a leading enterprise in the sleeve manufacturing industry at home and abroad.

 

Taking product quality and innovation research and development as the lifeline of the enterprise, the company has strengthened the application of ISO9001:2008 quality management system. In 2011, the company hosted the drafting of the national standards of "Manual Socket Wrench-Socket", "Manual Socket Wrench-Transmission square and square Hole", "Manual Socket Wrench-Transmission Accessories" and "Manual Socket Wrench-Connecting Parts". And obtained more than 60 utility patents, 5 invention patents, 3 foreign invention patents. In terms of R&D, 6% of the annual turnover is invested in new product development and technical improvement. The company has participated in the drafting of the national standard series of hand tools for many times, especially in the formulation of the international standard of hand tools in 2018, which broke the situation that the European Union has been leading the formulation of product standards.

 

The company's cooperative customers cover the global Top 500 enterprises in Europe and America, with annual sales of 300 million yuan and taxes of more than 10 million yuan. With frequent sales breakthroughs, the company has also gained a lot of honors and government support: it has been rated as one of the top 100 industrial enterprises and one of the Top 100 tax payers in Shangyu District for many consecutive years; Certified as a national high-tech enterprise in 2016; In 2017, he won the Science and Technology Award of Shaoxing City. Shaoxing patent demonstration enterprise, district hidden champion enterprise, Shangyu R&D Center.

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