After more than 20 years of development, Shandong Hanwo Agricultural Equipment Co., Ltd. has become China's leading intelligent manufacturing enterprise of agricultural equipment, which covers tractors, harvesting machinery, and forage machinery. It covers an area of 600 mu, with assets of 1 billion yuan and more than 1,000 employees.The main products of Hanwo include 25-260 horsepower tractors, corn harvesters, and forage machinery.In 2021, it achieved sales revenue of 1 billion yuan, ranking in the first echelon of China's agricultural machinery equipment industry. The sales volume of Hanwo tractors above 100 horsepower has ranked first in the industry for three consecutive years.