Shanghai Hyder Industry Co, .Ltd. (hereinafter referred to as HYDER), founded in 2010 in Shanghai and the predecessor is ShanghaiChallengeImported and Exported Co., Ltd in 2003. The leading products are HYDER Branded series forklift trucks. Shanghai Hyder have invested three manufacturing bases in Anhui and Shandong Province, covering internal combustion counterbalanced forklift trucks, battery powered forklifts, material handling equipments and the related spare parts.