The predecessor of HXME is the auxiliary equipment office of Hangzhou Mechanical Design Institute. The establishment of HXME was to meet the needs of the market economy and the country's reform direction of the Applied Technology Institute. HXME takes scientific research and development and product design as the forerunner, organizes manufacturing, supply and installation, commissioning, maintenance, transformation and upgrading service, and provides clients with a full range of one-stop services. 

HXME's main technical force is concentrated on the research and development of special equipment such as QDW series of new bridge cranes, ZQX series of four-drum traction ship unloaders to meet the different needs of various users. Its main products are a large range of hoisting equipment and operation system such as port machinery equipment (ship unloaders, ship loaders, container cranes, portal cranes, rail-mounted gantry cranes in stockyard, etc.), power plants and general purpose bridges cranes, gantry cranes, nuclear power equipment, environmental protection equipment, automation control equipment, intelligent system, safety monitoring system.

Its main after-sales service items include overhauling service, upgrading service, maintenance, and spare parts supply etc. Its market involves thermal power, hydropower, nuclear power, pumped storage, gas, shipyards, steel factories, transformer factories and other industrial production plants and ports, terminals and garbage treatment factories. 

Its products are not only distributed in domestic market, but also exported to India, Pakistan, Bangladesh, Kazakhstan, Turkey, Serbia, Indonesia, Malaysia, Philippines, Vietnam, Cambodia, Singapore and other Asian countries, as well as Iraq, Saudi Arabia, Oman, Dubai and other Middle Eastern countries, Ghana, Ethiopia, Nigeria, South Africa, Guinea and other African countries, and Brazil , Venezuela, Ecuador and other South American countries, the market spreads all over the world.

HXME has four wholly-owned subsidiaries (Zhejiang Haizhong Heavy Industry Co., Ltd. (Haiyan Manufacturing Base), Wuxi Guodian Huaxin Hositing and Transportation Equipment Co., Ltd. (Wuxi Manufacturing Base), Hangzhou Huaxin Mechanical and Electrical Engineering Co., Ltd. Yuhang Branch (Hangzhou Manufacturing Base) and Hangzhou Huaxin Technology Co., Ltd., as well as invest and control Zhejiang Tianxin Intelligent Research Institute Co., Ltd.

HXME's headquarters consists of eight departments including marketing department, product technology center, production department, after-sale service department, quality assurance department, finance department, administration department/CPC work department, as well as a new technology R&D center, three manufacturing bases and a professional installation team.