Hangcha has increased its focus on intelligent logistics
Chinese materials handling equipment manufacturer Hangcha has reported operating revenue of $1.46 for the first half of 2026, which is an increase of 8.65% year on year (y-o-y), as it continues global expansion and increases its focus on intelligent logistics.
On the ground, in terms of its global network, the Group saw the opening of 20 overseas branches and more than 700 new sales channels.
Noteworthy additions included the expansion of local rental, sales, and service capabilities at Hangcha Equipment Rental Australia.
In addition, there was the introduction of Hangcha’s first overseas manufacturing base, bringing production closer to regional customers at Hangcha Group Manufacturing (Thailand); and the establishment with Manitou of advance lithium-ion battery solutions at HM Battery Solutions in Le Mans.
According to Hangcha, its overseas revenue for the for the first half of 2026 was $606.57 million (an increase of 12.69% y-o-y).
The Group’s automated guided vehicle (AGV)/ autonomous mobile robot (AMR) business achieved total revenue of $115.10 million, which is increase of 30.81% y-o-y, and order intake of $128.98 million (an increase of 26.96% y-o-y).