Huzhou Hengfu Elevator Factory was established.

After the restructuring, the enterprise was converted to a contract responsibility system.

The enterprise was transformed and renamed as Zhejiang Hengfu Elevator Co., Ltd.

The company changed its name to Zhejiang Hengfu Elevator Co., Ltd. after cooperating with foreign capital.

A joint venture with foreign capital was established, and the company was named Zhejiang FUJI Elevator Co., Ltd.

The registered capital was increased to 120 million, and the company was named FUJI Elevator Co., Ltd.

With an investment of 180 million yuan, the completion of the third-phase factory covers an area of hundreds of acres and features a test tower with a height of 100 m.

The company comprehensively achieved production management and brand enhancement, positioning itself as a leading manufacturer in the elevator industry.

The registered capital of the company has increased to 200 million yuan and 80,000 yuan. With an annual production capacity of 20,000 units, the company fully implemented modern management and operations.

The company introduced advanced Mazak laser cutting technology and production manufacturing automatic assembly lines. It also implemented IoT supervision for elevator operation, enabling 24/7 real-time tracking and monitoring of elevator usage.

The company was awarded several authoritative honors, including the "Most Innovative Enterprise" award, the Zhejiang Famous Brand Product certificate, and the Zhejiang Enterprise Technology Center certification.

A nearly 150-meter-high test tower was completed, housing a high-speed elevator capable of reaching speeds of 10 m/s, providing strong technical support for the R&D of high-speed elevators. Additionally, 4 advanced fully automated production lines were added to the nearly 60,000 square meter manufacturing center, ensuring greater scale and guaranteeing the stability and precision of the products.

FUJI once again received the prestigious New Elephant Enterprise Award presented by the local government. At the same time, it was awarded the honor of being a major taxpayer in Huzhou City.

FUJI Elevator was awarded the title of "Green Supply Chain Management Enterprise". This is another national-level environmental protection honor for FUJI Elevator after being awarded as a "National Green Factory" in 2018, which once again demonstrates its strength in green development and environmental protection.