Baoding Ruigong Hoisting Machinery Manufacturing Co., Ltd., located in Qingyuan District, Baoding City, was established in 2016 as a general VAT taxpayer with 35 employees. The main products are: color lifting belts, flexible lifting belts, binding belts, screw jacks, hydraulic carriers, on-board electric winches, trailer ropes, fall arresters, miniature electric hoists, and electronic hanging scales. The Bank of deposit is industrial and Commercial Bank of China.