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In 2017, Qingdao Hyundai Hailin Heavy Industry Co., Ltd. seized the opportunity of industry development, and withstood the unfavorable factors such as intensified competition in the industry and large fluctuations in raw material prices. All departments of the company kept their focus on the annual target, actively implemented cost reduction and efficiency measures, and deepened structural adjustment. The main business indicators have increased substantially, and the output, sales volume and revenue growth have exceeded 150%, making it one of the fastest growing brands in the industry.
Qingdao Hyundai Hailin Forklift not only accelerated its sales, but also accelerated the complete series of products. From 2017 to 2018, it developed the series of iron-lithium battery electric forklifts and two-wheel drive/four-wheel drive cross-country forklifts. With the gradual improvement of quality, the continuous growth of production and the continuous improvement of product serialization, Qingdao Hyundai Hailin Forklift has gradually completed the industrial transformation and upgrading from quantitative change to qualitative change.