On the morning of May 18, Qingdao Hercules Machinery Manufacturing Co., Ltd., located in Dazeshan Town, Pingdu City, Qingdao, held a new product launch event. The first domestically produced high-end product integrating a hundred patented technologies—the H series small wheel loader—was unveiled. On the day of the new product launch, a transaction volume of 2,000 units was completed, achieving a transaction value of 200 million yuan.

　According to the company's responsible person, the H series small wheel loader was developed and designed jointly with a professional European technical team for the high-end market. The integration of mechanical, electrical, and hydraulic control and multifunctionality greatly meet the needs of different users. The launch of the new product is an important turning point for the company's transformation from "Made in China" to "Intelligent Manufacturing in China," and has epoch-making significance for the company's brand building. Currently, the new products are exported to countries in Asia, Africa, and Europe.
　It is understood that Qingdao Hercules Machinery Manufacturing Co., Ltd. was established in 2008. The Pingdu factory started construction in 2015 with a total investment of 200 million yuan and a registered capital of 40 million yuan. Trial production began in March this year, mainly producing loading machinery, forklifts, and excavators. The company has a modern production workshop with an annual capacity of 40,000 loaders, more than 200 large and medium-sized equipment with international leading levels, and has introduced world-advanced scientific research and experimental facilities, intelligent detection systems, mechanical manufacturing talent, and 3D design software. It has established a good technical platform with famous domestic universities, research institutes, and enterprises, and has established and passed ISO9001 international quality system certification and ISO4001 environmental certification. It has independent R&D capabilities for high-tech products and a complete scientific research system. At present, it has developed a pattern of compact loader products with world-leading levels.