Development History

2010

Flag-Up registered and established

2012

First VIP customoer from Sunward Intelligent Equipment

2014

ISO9001 quality certified enterprise, awarded High-tech Enterprise title

2015

Establishing business relationship with XCMG Group

2017

Passed high-tech enterprise recertification, output value doubled, achieving above-scale enterprise status

2018

Shandong Construction Machinery working with Flag-up

2019

Annual sales exceeded 10,000,0000USD

2020

Two famous brand“Zoomlion&Lovol”cooperating with us

2021

Annual sales exceeded 20,000,0000USD Ningbo Flag-up Transmission Co.,ltd (1st subsidiary established) :Due to requests from many of our VIP customers requiring us to supply winches and planetery gearbox.

2022

Mass supply of Lonking, trial installation for Shandong Lingong

2023

Mass supply of Sany winch and planetery gearbox sold out 150 sets/year with turnover 1 million USD

2024

Developed the brake system, Ningbo Spassun Hydraulics Technology Co.,ltd (2ed subsidiary established)
(In order to reduce the cost of winch,gear box and manifold blocks with integraged valve, using our own “SUPPASS” cartridge valve to replace SUN and Hydraforce brand)

2025

annual sales up to 30 million USDS