The history of Yufei can be traced back to 1955 when its first factory Xinxiang Hoisting Equipment Co.,Ltd was established by the government,which is the first professional lifting equipment maker in central China.During those early years, we had produced special cranes for PLA, metallurgy cranes,nuclear power station overhead cranes and gantry cranes, hydroelectric power station gantry cranes for state owned companies due to the economic circumstance at that time. As was a very special period before 1990s in China,after the reform and opening up policy,every industry started its day and grew fast,certainly Yufei had gone through thick and thin with the development torrent of China. So during the decade we enjoyed our day and got developed,by the year of 2002,there had been more than 400 workers, and our workshop extended to 10,000 square meters. Meanwhile there were lots of crane makers emerging during this period,the competition became fierce, but we still maintained our leading position in crane industry with our popular brand"Tengsheng"Fortune is fickle. From 2003 to 2005, we experienced the worst worldwide economy crisis,our business declined to a historical lowest point, we suffered but not at a loss as we knew we needed innovation and change to meet confronted challenge. The general manager Mr.Guo Zhangxian held countless meetings to find a breakthrough, then we got it: we merged some factories close to collapse,we made some key innovation on sales and service, we changed our mind on market exploration,we perfectly got restructured by doing so with our staffs.
