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Hangzhou Fuyang Water Sports Equipment Factory was established in 1986. Hangzhou Liangjin Boat Co., Ltd. is a joint venture established by Hangzhou Fuyang Water Sports Equipment Factory and Australia Comau Company in 1997.
The company's main products are rowing and canoeing. Products are sold to the United States, the Netherlands, Germany, the United Kingdom, Denmark, Austria, Spain, Belgium, Japan, South Korea and other countries. The existing factory area covers an area of more than 10,000 square meters and the workshop area is 3,500 square meters. The 7,000 square meter scientific research building is under preparation. The company has 48 employees, of whom 13 are managers. The branch factory is located in the suburbs, producing dragon boat and other leisure and entertainment products. Branch plant area of 800 square meters, more than 20 employees. The company has an annual output of 800 to 1000 boats, with a maximum production capacity of 1500 boats. The company spends more than 3-5% of the output value of scientific research investment for products each year.