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OUR HISTORY

Ruyi: Iconic Industry Leader

In Chinese, “Ruyi” refers to a jade object symbolizing good luck, with the power to dispel the evil. As a company, Ruyi has become a leader in the logistics equipment industry. After painstaking struggles over the past 37 years, Ningbo Ruyi Joint Stock Co., Ltd. has evolved from a small workshop without funds and equipment into the global “king of pallet truck.”

Over the past 37 years, Ruyi has earned a sterling reputation both domestically and internationally for its quality products. More importantly, it represents the spirit of Chinese entrepreneurs and the essence of traditional Chinese culture, which nourishes the soul of the company.




2025


14th "Today's Economy" Entrepreneurs Conference:

Chu Jiwang Shares Wisdom on Entrepreneurial Success




2025


XILIN Organizes a Public Welfare Blood Donation Activity




2025


        XILIN Shows Cutting-Edge Innovations at Canton Fair , Boosting Global Trade Ties




2025


XILIN Actively Contributes to Education and Provides Relief to Myanmar Earthquake-Stricken Areas!




2025


In February 2025, XILIN celebrated its 40th anniversary milestone.




2024


In April 2024, a series of lectures by famous economists in economic history from Peking University was held in the Chu Jiwang Lecture Hall of Peking University. Honorary Chairman Chu Jiwang was invited to participate, which was his 9th lecture at Peking University.




2023


In January 2023, XILIN successfully signed an agreement with the Taoyuan Street Office of Ninghai County People's Government to invest in the construction of the "Annual Production Line Project for 600,000 Intelligent Electric Warehouse Logistics Handling Equipment" in Ninghai County. This project aims to build a brand-new modern smart factory to achieve the goal of annual production of 600,000 intelligent electric warehouse logistics handling equipment.




2022


In September 2022, XILIN was upgraded to a national postdoctoral workstation. The company introduced its first postdoctoral researcher in October 2019 and officially inaugurated a mechanism for technology innovation practice combining industry, academia, and research, thereby creating a new platform for cultivating high-level talents at XILIN.




2022


In May 2022, the National Development and Reform Commission and other departments announced the list of newly identified and national enterprise technology centers in 2021 (the 28th batch), among which XILIN was newly identified as qualified.




2021


XILIN donated 5.01 million yuan and 4.285 million yuan of charity funds to the county charity federation at the beginning and end of 2021, for poverty relief and assistance. A donation of 1.1 million yuan was made to fight the COVID-19 epidemic in Wuhan. The donation for the Chu Jiwang Literature Award project was increased by 10 million yuan to promote the development of literary and artistic work.




2020


 Ningbo Ruyi was rated as a National Model Unit of Harmonious Labor Relations.




2020


Ningbo Ruyi fully implemented containment measurements after the outbreak of COVID-19 epidemic and donated 1.1 million yuan to Wuhan province through the Ninghai Charity Federation.




2019


SAP management system was officially launched in Ningbo Ruyi.




2019


Chu Jiwang was awarded as an outstanding contributor of construction machinery industry in the 70th anniversary of the founding of China.




2018


Ningbo Ruyi’s second branch plant was officially put into operation, mainly producing electric pallet trucks and electric stackers.




2018


Ningbo Ruyi was rated as a National Intellectual Property Demonstration Enterprise.




2015


CBD15W researched and developed by Ningbo Ruyi won the German RedDot design award. In April of the same year, CBD15W won German IF design award again. Electric stacker CDD10R-E won the two tiles too.




2014


Ningbo Ruyi took the lead around Zhejiang province in passing the certification of Intellectual Property Management System.




2013


Ningbo Ruyi, as the first one in the industry of warehouse and logistic equipment, won the title of National Export Inspection Free.




2008


Ningbo Ruyi donated 2.73 million yuan at first time after the Wenchuan earthquake under Chu Jiwang’s leadership.




2005


Chu Jiwang was awarded the honorary title of the first China Charity Award by Ministry of Civil Affairs.




2004


Ningbo Ruyi joint hands with German Jungheinrich to found Joint Venture Between Ningbo Ningbo Ruyi Joint Stock Co, LTD and Jungheinrich AG.




2003


Jiwang Medical Aid Fund,Ningbo Jiwang Poverty Relief Fund and Ninghai Ruxi Mecical AidFund were established. Accumulated donated amount has reached 18,000,000 yuan so far, and 1 million yuan will continue to be invested every year. This money is used to solve the problem of difficulty for some college freshmen from poor families to go to school, help them enter the University smoothly, and solve their urgent needs.




2002


Annual output of hydraulic pallet truck reached 500,000 pieces.




2001


   The first electric truck was produced.




1999


Newspaper Ningbo Ruyi Monthly started.




1997


The book How to Deal with Foreign Business by Chu Jiwang was first published in the Great Hall of the People in Beijing.




1995


Mr.Chu Jiwang was honored the title of “National Outstanding Veteran”, and received by Chairman Jiang Zemin and other leaders of the Party and the State.(The sixth from right in the second row is Mr. Chu Jiwang)




1993


Ningbo Ruyi, being the first one in the industry of warehouse and logistic equipment, passed the German GS certificate.




1991


“XILIN” trademark was registered.



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