Hengli

What Hengli does

Hengli (Jiangsu Hengli Hydraulic Co., Ltd., SSE: 601100), founded in 1990 and headquartered in Changzhou, China, is a publicly listed manufacturer of hydraulic components and integrated hydraulic systems serving heavy industrial OEMs worldwide. Its product platform spans 12 categories: hydraulic cylinders (including world-record-scale units up to 385 tons and 21m stroke), axial piston pumps and motors, mobile and industrial hydraulic valves, cartridge valves, electronic drive technology, pneumatic components, linear transmission products (electric cylinders, ball screws, linear guides), system integration, precision castings, and surface treatment/sealing technologies. Underlying capabilities include proprietary high-speed cladding on large piston rods, load-sensitive multi-way valves with CAN bus electro-hydraulic control, HVOF and laser cladding surface treatments, and a world's-first closed-circuit energy recovery system achieving 40% energy recovery in pile driving equipment.

The company operates 7 R&D centers and 12 manufacturing bases across China, Germany, the US, Japan, Mexico, India, Indonesia, and Brazil, employing 10,000+ people and serving 2,000+ customers across 30+ countries. Customer end-markets include construction machinery (excavators, concrete pumps, cranes), agricultural and forestry machinery, tunnel boring, lifting and handling, mining, marine and port equipment, metallurgy, metal forming, rubber and plastic forming, and energy/water infrastructure. Named customers and partners include Putzmeister (2023 Outstanding Supplier Award, the only Asia-Pacific recipient), CCCC Second Harbor Engineering, Siemens Energy (thermal spray coatings), Dongfang Electric Group Honghua (marine co-development), Guangxi Pinglu Canal, and Dubai 950MW solar power. The company has been recognized twice as a National Manufacturing Single Champion Enterprise by China's Ministry of Industry and Information Technology.

Hengli monetizes primarily through direct B2B hardware sales of hydraulic components and integrated systems to enterprise OEM customers on a quote-based pricing model. Go-to-market is direct enterprise field sales supported by a global manufacturing footprint and engineering teams, complemented by major industry exhibitions (Bauma, CONEXPO-CON/AGG, CSPI-EXPO) and government/industry awards for brand building. The firm pursues platform expansion through international M&A (InLine Hydraulics of Germany in 2015, Hattori Seiko of Japan in 2018, Praxair Surface Technologies Changzhou subsidiary in 2022) and continues to invest heavily in capital projects (~$320M for Mexico and Indonesia facilities in 2025) and R&D (7.73% of revenue in 2023).

Name

Hengli

Legal name

江苏恒立液压股份有限公司

Website

https://henglihydraulics.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hengli Hydraulic (SSE: 601100) is a China-based, globally operating manufacturer of hydraulic components and integrated hydraulic systems (cylinders, pumps, valves, motors, castings, surface treatments) serving 2,000+ enterprise OEM customers across construction machinery, mining, marine, agriculture, and energy sectors in 30+ countries.

Ownership category

akta.pro rank

Product category

Hydraulic Components and Systems

NAICS

Fluid Power Pump and Motor Manufacturing (333996), Fluid Power Cylinder and Actuator Manufacturing (333995), Fluid Power Valve and Hose Fitting Manufacturing (332912), Other General Purpose Machinery Manufacturing (3339)

SIC

General Industrial Machinery & Equipment (3560), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Hydraulic Components (Pumps, Motors, Cylinders) (IMAHAGAA)

akta.pro secondary industries

Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB), Proportional & Servo Hydraulics (Electrohydraulic Valves, Servo Systems) (IMAHAGAF), Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC)

Keywords

• Hydraulic cylinders
• Hydraulic pumps
• Hydraulic valves
• Hydraulic systems
• Industrial hydraulics

Headquarters

HQ city

Bolingbrook

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Hydraulic Components Manufacturing and Sales: Hengli generates revenue through the design, manufacture, and sale of hydraulic components including cylinders, pumps, valves, motors, and precision castings to industrial OEM customers globally.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Hengli designs, manufactures, and sells hydraulic components and integrated hydraulic systems for industrial OEM customers. Its product portfolio spans hydraulic cylinders (including world-record ultra-large units), axial piston pumps, hydraulic motors, mobile and industrial valves, thread cartridge valves, electronic drive and control systems, pneumatic components, linear transmission products, precision castings, and surface treatment/sealing technologies. The company delivers complete hydraulic system solutions to construction machinery, agriculture, mining, marine/port, metallurgy, energy, and industrial automation OEMs across 30+ countries.

Product overview

Hengli Hydraulic is a platform-based hydraulic components and systems manufacturer offering 12 major product categories: hydraulic cylinders, pumps, motors, mobile valves, industrial valves, cartridge valves, electronic drive technology, pneumatic components, linear transmission, system integration, precision castings, and surface treatment/sealing technology. The core platform consists of hydraulic components (cylinders, pumps, valves, motors) that can be combined into complete system solutions for diverse industrial applications. The company operates under the Hengli (恒立) main brand and sub-brands including InLine (German acquisition) and Hattori Seiko (Japanese acquisition). Key product series include V30D, V32G, F30D variable and fixed displacement pumps, HRP radial piston motors, and comprehensive valve families. Solutions are tailored for construction machinery, agricultural machinery, tunnel boring, lifting and handling, mining, marine/port, metallurgy, metal forming, rubber/plastic forming, energy/water conservancy, and industrial automation sectors.

Differentiator

Problem solved

Functional benefit

Brands

• InLine: German subsidiary brand for heavy-duty piston pumps, invented the piston pump torque controller, serves industrial applications including metallurgy, marine engineering, construction machinery, tunnel boring equipment, municipal vehicles and agricultural machinery
• 立新 (Lixin)

Products and services

• Hydraulic Cylinders (液压油缸)
• Hydraulic Pumps (液压油泵)
• Hydraulic Motors (液压马达)
• Mobile Hydraulic Valves (行走液压阀)
• Industrial Hydraulic Valves (工业液压阀)
• Thread Cartridge Valves (螺纹插装阀)
• Electronic Drive Technology (电子驱动技术)
• Pneumatic Components (气动元件)
• Linear Transmission Technology (线性传动技术)
• System Integration and Industrial Automation (系统集成及工业自动化)
• Precision Castings (精密铸件)
• Surface Treatment and Sealing Technology (表面处理与密封技术)
• Closed-Loop Energy Recovery System for 156m Pile Driving Equipment

Quantifiable outcome

• V93N375 high-pressure heavy-duty dual pump reduces fuel consumption by ≥8% compared to previous generation
• +5 more outcomes

Named customers6 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• 东方电气集团宏华 (Dongfang Electric Group Honghua)coreStrategic or Co-development Partner · 21 August 2025Signed strategic cooperation agreement and marine key equipment joint development agreement. Hengli provides hydraulic components and system solutions while Dongfang Honghua provides main engine R&D capabilities. The partnership focuses on ocean environment-specific hydraulic solutions, domestic substitution, and overseas market expansion sharing.
• 西门子能源 (Siemens Energy)coreStrategic or Co-development Partner · 28 August 2024Signed strategic agreement for thermal spray coating project. Hengli Surface provides plasma, HVOF, laser cladding and other coating services for Siemens Energy's gas turbine and energy equipment components. Siemens Energy is a global energy technology leader with operations in over 90 countries.
• 普茨迈斯特 (Putzmeister)coreChannel Partner/ Reseller/ DistributorHengli supplies hydraulic cylinders to Putzmeister, a global leader in construction and mining equipment (concrete pump trucks, trailers, plastering machines). Hengli was awarded the 2023 Outstanding Supplier Award as the only Asia-Pacific supplier among 5 global award recipients. Partnership began in 2022 with batch supply starting in 2023.
• 中国铁建/中国铁建大桥局 (China Railway Construction Corporation / CRCC Bridge Bureau)coreStrategic or Co-development PartnerJoint development of the world's first 156m pile driving equipment with closed-circuit energy recovery system. Hengli supplies ultra-large hydraulic cylinders (399 tons single unit) and energy recovery hydraulic systems for China's Belt and Road initiative marine projects including the Brazil Salvador Cross-sea Bridge.
• 上海振华重工 (Zhenhua Port Machinery)coreStrategic or Co-development PartnerZhenhua built the 'Erhang Changqing' pile driving vessel equipped with Hengli's world-record 385-ton hydraulic cylinder. This vessel is the world's tallest, largest pile capacity, longest pile driving capability, and strongest wind resistance pile driving equipment.
• 广西平陆运河建设有限公司 (Guangxi Pinglu Canal Construction Co., Ltd.)coreStrategic or Co-development PartnerHengli provides complete hydraulic system solutions for the Pinglu Canal project, a 134.2km strategic canal for the Belt and Road and new development pattern. Delivered 20 hydraulic cylinder assemblies and 12 hydraulic pump stations for the Madao Navigation Lock's miter gates and valve hydraulic openers.

Scale indicators12 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Bosch Rexroth: Global fluid power leader offering hydraulic cylinders, pumps, motors, and valves across construction, mobile, machinery, and factory automation applications. Directly comparable as Hengli's most established global competitor in the same product categories.
• Parker Hannifin: US-based motion and control technologies leader with a major Winhydraulics division producing hydraulic cylinders, pumps, valves, and motors for industrial and aerospace. Comparable across product breadth, global footprint, and OEM customer base.
• Eaton: Power management company with a significant hydraulics business supplying pumps, valves, cylinders, and fittings to construction, agriculture, and industrial markets. Closely aligned with Hengli's mobile and industrial hydraulics portfolio.
• Danfoss: Danish fluid power and climate solutions provider offering hydraulic pumps, motors, valves, and electronic controls. Direct peer in mobile hydraulics and increasingly in electrified hydraulic systems for off-highway machinery.
• HAWE Hydraulik: German hydraulic specialist in high-pressure hydraulic valves, pumps, and power packs; original parent of the InLine piston pump business acquired by Hengli in 2015. Closely comparable in advanced proportional and servo hydraulic technology.
• Bucher Hydraulics: Swiss hydraulic components manufacturer specializing in pumps, motors, valves, cylinders, and power units for mobile and industrial applications. Comparable mid-size specialist competing in similar European and global OEM channels.
• Kawasaki Heavy Industries (Hydraulic Components): Japanese industrial conglomerate with a hydraulic components division producing pumps, motors, and valves for construction machinery and industrial applications. Comparable in axial piston pump technology and Asian OEM customer base.
• Husco International: US-based privately held manufacturer of hydraulic valves, pumps, and electronic controls for off-highway equipment. Comparable mid-size specialist serving similar construction and agricultural machinery OEMs.
• KYB Corporation: Japanese hydraulic specialist manufacturing hydraulic cylinders, dampers, and pumps for construction, agricultural, and industrial machinery. Closely comparable in cylinder manufacturing scale and Asian OEM customer overlap.

Broad incumbents

• Liebherr (Components Division): Swiss-German construction machinery OEM with in-house hydraulic cylinders, pumps, and valves production. Overlaps with Hengli's offerings as both supplier and potential customer, but operates across the broader heavy equipment value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hengli