The subordinate name of Zhejiang Sifang Group Company is Zhejiang Yongkang Tractor Factory. Founded in 1961, it is the earliest professional manufacturer in the country to produce and export walking tractors and single-cylinder diesel engines. After more than 40 years of development, it has become It is a large-scale comprehensive state-owned enterprise with diversified development integrating science, industry and trade, agricultural machinery manufacturing, foreign trade and real estate development. It is the world's largest walking tractor export production base. The company consists of Zhejiang Sifang Co., Ltd., Zhejiang Sifang Co., Ltd. Import and Export Co., Ltd., Zhejiang Sifang Group Real Estate Development Co., Ltd. and other 8 wholly-owned or holding subsidiaries.
The company is a national demonstration enterprise for technological progress in the machinery industry and a national "contract-abiding and credit-abiding" enterprise. The company passed ISO9000 quality management system certification in 1998 and was evaluated by the "Celebrating the 50th Anniversary of China's Tractor Industry Conference" in 2005. "Sifang" brand tractors are "farmers' favorite tractor brand". In 2006, "Sifang" brand tractors won the "National Import and Export Commodity Certificate of Exemption", "Chinese Famous Brand Products", "The Most Competitive Brand" and " "National Inspection-Exempt Product", the highest honor of four national-level brand recognitions, and is the only enterprise in the national agricultural and forestry machinery manufacturing industry to win the honor of "National Import and Export Commodity Inspection-Exemption". In 2007, "Sifang Trademark" was rated as "China's Well-known Trademark" by the State Administration for Industry and Commerce.
The company covers an area of ??536,000 square meters, with a construction area of ??217,000 square meters, total assets of 535.7 million yuan, 788 main production equipment, 30 main production lines, and has built an integrated enterprise management information system (SFMAS), computer-aided product design (CAD) and computer-aided process planning (CAPP) systems, with modern imported processing centers, direct-reading spectrum analyzers, electron scanning microscopes and three-coordinate measuring machines and other high-precision, With state-of-the-art equipment and automated production lines, the productivity and process levels of casting, machining, stamping, painting, walking tractors and single-cylinder diesel engine assembly are at the leading level in the domestic industry.
The company's leading products are agricultural machinery that mechanizes the entire process of rice production in the south. It has four series of products: walking tractors, single-cylinder diesel engines, combine harvesters and supporting gearboxes, pastoral management machines and plant protection machinery. Obtained the export quality license, production license, agricultural machinery product promotion appraisal of the Ministry of Agriculture and the first batch of Chinese agricultural machinery product quality certification; has an annual output of 120,000 units of walking tractor series, 300,000 units of single-cylinder diesel engine series, and 8 harvester gearboxes. The production capacity is 10,000 units and 10,000 units of plant protection harvesting machinery. The products are sold in 24 provinces, municipalities and autonomous regions in China and 55 countries and regions abroad. The annual export volume accounts for about 45% of the country's total exports of walking tractors. It has been the country's export champion in the same industry since 1989.