2016-present
The Company has transformed its business focus to high technology and services and ushered in diversified and international development. The Company works in concert with Pinming to march into intelligent construction site market. It comprehensively expands its product line, enters the AIoT era from single product era, and wins application cooperation opportunities in 30+ overseas countries and regions. The establishment of 8 overseas after-sales service centers signals the global strategic development stage.
- 2016年
- 2018
- 2019
- 2021
the headquarter Hangzhou Pinming Technology Co., Ltd. was listed on the New Third Board, and in the same year, the PM760I hook video monitoring product line was launched.
The intelligent construction site production line (remote control terminals, proximity, personnel and unloading) launched in 2018 marked the beginning of the IoT era.
The year 2019 saw the launch of the fifth generation of tower crane safety monitoring products PM530-M.
the headquarter Hangzhou Pinming Technology Co., Ltd. was listed on the STAR Market of the Shanghai Stock Exchange, with stock code: 688109. In the same year, the sixth generation of tower crane safety monitoring products were under development, mainly focusing on artificial intelligence, digital twins, and closed-loop monitoring and management of tower cranes.
2011—2015
The Company built up its brand with marketing. The Company completed business integration with Hangzhou Pinming Security Control Information Technology Co., Ltd. to form the dual matrix strength of Fosow + Pinming and reach extensive application cooperation.
- 2011
- 2012
- 2013
- 2014
- 2015
Pinming Security Control became a member of Pinming Company, and in the same year, the Company's domestic market share exceeded 50%.
the Company and Xuzhou Construction Machinery reached cooperation. Fosow successfully developed tower crane safety monitoring system MT200-S, winning itself the fame as one of the domestic manufacturers that developed such systems that meet the requirements of Singapore MOM. The Company won the domestic "certificate for scientific and technological achievements about intelligent safety monitoring system of distributed multi-agent tower crane group."
the Company reached a cooperation with Zoomlion, and the products were sold to South America and Russia. The Company took the lead in obtaining 3000T.M type test certificate for tower crane safety monitoring system industry.
The year 2014 saw the launch of the fourth generation of PM530 and PM310 series products.
PM530 series product became the only one that successfully passed the EU SÜD TÜV testing and certification in the whole industry.
2007—2010
The Company utilized technical services to accumulate funds, opened up the market through competitive products, and engaged in tower crane monitoring. After completing the primitive accumulation of technology and products, the Company started to march into the overseas market, and began to explore the market in some areas in China.
- 2007 Xi'an Fosow Electronic Technology Development Co., Ltd. was established. The Company's products and technology won the European Union CE certification, and was further recognized by the market, and sold to Hong Kong, Macao, Singapore and other places.
- 2008
- 2009
The year 2008 saw the launch of the second generation MT200 moment products.
the Company negotiated with Yongmao Construction Machinery for product testing and started a pilot program in Yangquan, Shanxi Province.
2004—2006
The Company cooperated with Comedil Tower Crane Company of Italy and Housing & Development Board of Singapore to research the anti-collision technology of hoisting machinery, jointly develop anti-collision products for tower cranes and realize prototype testing.