Hangzhou Oxygen Co., Ltd. is the product of the separate restructuring of Hangzhou Oxygen Machine Group Co., Ltd., which was established in 1950 (formerly known as Zhejiang Iron Works), renamed Hangzhou Oxygen Machine Factory in 1958 and established Hangzhou Oxygen Machine Group Co., Ltd. in 1995. Since 2000, Hangzhou Oxygen Machine Group Co., Ltd. has undergone a separate restructuring. Hangzhou Hangyang Group invested in its main business-sales and design of air separation equipment and manufacturing of air separation core units, and jointly established Hangzhou Hangyang Technology Co., Ltd. with other investors. With the approval of Zhejiang Provincial People's Government, Hangzhou Hangyang Technology Co., Ltd. was changed into today's Hangzhou Hangyang Co., Ltd. on June 5438+February 8, 2002.
In 2006, the foundation stone laying ceremony of the overall relocation project of Hangyang Co., Ltd. was held in Qingshan Lake, Lin 'an. Hangyang's new site is located in the east of Lin 'an, with a total investment of 2.04 billion yuan and 922 mu of land, reaching the production plan of 20 10. It can form an annual production capacity of 165438+ 10,000 cubic meters/hour air separation equipment, and the maximum level of a single machine can reach 80,000 cubic meters.