Vic Hydraulic has quadrupled since its listing.

Vic Hydraulic has quadrupled since its listing. Vic Hydraulic (83 1807) released the semi-annual report for 2020, which has quadrupled since Vic Hydraulic went public on June 30, 2020. In 2020, the company achieved operating income of 14 1, 58 1, 746.09 yuan, a year-on-year decrease of 6.09%. Vic Hydraulic was established in 2004, and was changed into a joint-stock company on 20 10. The company originated from local state-owned enterprises in Shaoyang. In the second half of 2003, Shaoyang Enterprise Reform Office took the lead in setting up the restructuring steering group of Shaoyang Hydraulic Co., Ltd. (hereinafter referred to as Shaoyang Hydraulic). In 2004, he instructed Shaoyang Hydraulic to reform the property right system of state-owned enterprises. Su and others invested in the acquisition of operating net assets of Shaoyang Hydraulic and established a new company, Vic Hydraulic.