UPDATE BELT ROAD INTERNET COMMERCE(HANGZHOU) TECHNOLOGY CO, LTD

UPDATE-TECH (HANGZHOU) CO.,LTD is based on parent company Shanhu Group. Shanhu Group has subsidiary companies, Hangzhou Shanhu Machinery Co., Ltd., Hangzhou Dasun Investment Industry Co., Ltd., Deqing Senlei Mining Co., Ltd., Deqing Xinglong Mining Co., Ltd., Deqing Xinghu Mining Co. Ltd., Zhejiang Jiaxing New Waland Electric Machinery Co., Ltd., etc. The group's total registered capital is 130 million CNY, total assets is 850 million CNY, annual output value is over 1.5 billion CNY and the number of employees is more than 1600. Shanhu is a famous domestic enterprise in crusher industry. The company makes continuous efforts to improve professional technical capacity. It has passed ISO9001, ISO14001 Certifications. Shanhu developed and designed a variety of models and series of mining equipments with independent intellectual property rights. Large equipments include gyratory crusher, jaw crusher and cone crusher etc. PXZ1600 hydraulic gyratory crusher is the biggest type in China so far, which marks Shanhu Group has reached the leading domestic level in large crusher manufacturing technology. Other auxiliary products include impact crusher, vibrating feeder, vibrating screen and belt conveyor etc. Meanwhile, the company has undertaken the business of various large steel castings. The Waland motor was buyout by Shanhu in 2005, the original name is Jiaxing electromotor factory, which is established in 1958. It is professional motor factory and is famous in domestic market. The Waland motor is mainly applied for paper manufacture machine, weaving machine etc. We had exported our products by Chinese mining companies for more than 5 years. Now we begin to develop the international market by our own--UPDATE-TECH to introduce our superior products to the world market.