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