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Zhejiang Sifang Group Co., Ltd
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Company Profile

Zhejiang Sifang Group Co., Ltd., under the subsidiary name Zhejiang Yongkang Tractor Factory, is located in Yongkang, Zhejiang, which enjoys the beautiful scenery and is known as the hardware capital of China. Founded in 1961, it is one of the earliest professional manufacturers in China to produce and export hand-held tractors and single cylinder diesel engines. After decades of development, it has become a large-scale comprehensive state-owned enterprise integrating science, industry, and trade, agricultural machinery manufacturing, foreign trade, and real estate development. The company has seven wholly-owned or controlling subsidiaries, including Zhejiang Sifang Co., Ltd., Zhejiang Sifang Import and Export Co., Ltd., and Zhejiang Sifang Modern Agricultural Machinery Equipment Research Institute. Sifang Group's main product is agricultural machinery that automates the entire process of rice production. The manufacturing of diesel engines, tractors, and harvesters is the core business of the company, with an annual production capacity of 100000 hand-held tractors, 200000 single cylinder diesel engine series, and 10000 harvester series. The products are sold nationwide and exported to 55 countries and regions, making it one of the largest hand-held tractor export production bases in China. Since 1987, it has consistently ranked among the top in the same industry for exports. The rapid development of Zhejiang Sifang Group Company has been fully recognized by leaders at all levels. Party and state leaders have visited the company many times, showing deep concern for the development of Sifang Group and enhancing the company's confidence in long-term development. Sifang Group has established an integrated operation mechanism and organizational structure for market, scientific research, and production to provide world-class products and services to global customers through innovative design and precision manufacturing. Sifang Group has a provincial-level enterprise technology center, which includes a tractor research institute, a diesel engine research institute, a harvester research institute, a metrology and testing center, and a casting, stamping, welding, and coating research laboratory. The company has complete production equipment, automated production lines, and testing equipment from casting, mechanical processing, heat treatment, stamping, welding, painting to tractor, harvester, and single cylinder diesel engine assembly. The company has an integrated enterprise management information system (SFMAS), computer-aided product design (CAD), and computer-aided process planning (CAPP) system, as well as 14 high measurement standards and high-precision production testing equipment. The main components are manufactured and produced by the company, and the process level is at the leading level in the domestic industry. Sifang Group has long adhered to the implementation of the ISO9001 quality management system, always adhering to the company's quality policy of "high-quality and reliable products sold in Sifang, and excellent and satisfactory services praised by Sifang". Throughout the entire process of production, manufacturing, sales, and service, an efficient process management system has been established to implement process management functions, establish evaluation systems and standards, and achieve assembly line production for all products. Each process is operated according to standard operating procedures, and the leading process has created Sifang's leading product quality, winning more brand followers for Sifang. Sifang Group has organized the promotion and application of new processes, technologies, and materials, achieving significant results in energy conservation and emission reduction, improving product quality, reducing costs, and improving working conditions. Sifang Group attaches great importance to the combination of production, learning, and research, and has maintained long-term cooperation with domestic professional scientific institutes to develop new products, introduce new technologies, maintain sustainable development of products, continuously meet customer needs, and enhance brand connotation. In 2003, Sifang Group successfully completed the Chinese aid to Myanmar agricultural machinery manufacturing plant project, which earned Sifang brand a good reputation in overseas markets. Sifang Group adheres to the implementation of brand strategy, implements the business philosophy of "brand promotes market, innovation seeks development", and strives to build the company into a comprehensive agricultural machinery enterprise group and a national agricultural machinery export base enterprise that integrates science, industry and trade, and is well-known in the world. It truly becomes a small giant in the domestic and foreign agricultural machinery industry. Value comes from creation, self-interest must first benefit others. Sifang people always take the market as the guide, putting customers in a priority position. Through continuous creation, they create value for customers, create benefits for enterprises, create happiness for individuals, and create wealth for society, so that all Sifang people and the general public can live a more meaningful life. As the enterprise continues to grow and develop, the corporate culture of Sifang Group has also been continuously enriched and developed, gradually building into a corporate culture centered on "pragmatism, enterprising, trustworthiness, and efficiency". After decades of historical changes, people from all over the world have gone through the ups and downs of the business world, achieving the spirit of unity, dedication, self-improvement, and innovation. Far sighted and enterprising, Sifang Group has finally achieved fruitful results today. Faced with the existing achievements, the people of Sifang Group have not been complacent and have closely followed the development trend of world agricultural machinery products. "Based on agricultural machinery, serving society, and building a century old Sifang" is the grand strategy of Sifang people. Diligent people from all directions are steadily advancing step by step on the journey of building a "century old four directions" and creating a better future.

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