Chongqing Hengchang Agricultural Machinery Manufacturing Co., Ltd. (hereinafter referred to as "Hengchang Agricultural Machinery") was established in 1992. Since then, the company has ventured into various industries, including tower cranes, specialized medical equipment, and pressure vessels. Starting in 1999, Hengchang Agricultural Machinery has focused on the research, development, manufacturing, and sales of various agricultural cutting tools. Since 2019, the company has dedicated its efforts to the bainitic research of agricultural machinery and garden machinery blades.