Hangzhou Hangfa Power Generation Equipment Co., Ltd. is a state-owned holding limited liability company restructured on the basis of the original Hangzhou Power generation Equipment Factory (founded in 1956). The company is located at No. 128 Dongxi Road, Linpu Town, Xiaoshan District, Hangzhou. It is an important base for the production and export of small and medium-sized power generation equipment in China.

The company is a national high-tech enterprise, "specialized and special new" small and medium-sized enterprise in Zhejiang Province, obtained the "Zhejiang Manufacturing" certification, has Zhejiang provincial enterprise technology center, won the national hydropower equipment manufacturing industry "excellent enterprise" title, has a good brand and reputation.

The main products of the company are water turbine generator set, steam turbine generator, large water pump, motor and so on. So far, the company has produced more than 3,000 sets of hydrogenerator units and more than 2,700 sets of turbogenerators.

The turbine generator series products produced by the company are green products that effectively implement the energy goal of "carbon peak, carbon neutral", and are the largest small turbine generator manufacturing enterprises in China.

In the series of hydraulic power generation equipment produced by the company, the production technology of mixed-flow high head and high speed units is unique in the same industry. In recent years, through the introduction, digestion, absorption and independent innovation of the advanced technology of the water turbine generator set, the company has formed a mature technical system on the low water head cross-flow unit.

The company's products have repeatedly won the "National Science and Technology Conference Award", "Quality Product Award of the Ministry of Machinery and Electronics", "Zhejiang Provincial People's Government Award", "Zhejiang Provincial Science and Technology Progress Award", "Zhejiang Province's first set of products", "Hangzhou City's first set of products", "Hangzhou New Products and new Technology Award" and other honors. The company participated in the research and development of "Key technology and engineering application of large-scale high-efficiency hydroelectric generator set" won the first prize of Zhejiang Science and Technology Progress Award.

At present, the company has achieved 80 patents, presided over and participated in the formulation of a number of national standards and industry standards, and is a benchmarking enterprise in the power generation equipment manufacturing industry in Zhejiang Province.