Noblelift Intelligent Equipment Co Ltd, a leading domestic provider of comprehensive intelligent intralogistics systems, has unveiled its latest products at LogiMAT in Stuttgart, Germany.

The Huzhou-based company showcased its cutting-edge unmanned electric handling vehicles, attracting significant attention and securing multiple orders from global clients at the annual event for intralogistics solutions and process management.

"We are witnessing a substantial increase in our overseas market share, particularly gaining traction in European and American markets, thanks to significant enhancements in our research and development capabilities," a representative from Noblelift said.

The intelligent logistics equipment industry stands as a pivotal characteristic industry in Huzhou. In 2023, the city's 171 above-designated-size enterprises within the sector achieved a business income of 44.62 billion yuan ($6.16 billion), marking a year-on-year increase of 9 percent. Profits and taxes also experienced a significant upsurge, increasing by 37 percent and 43.9 percent, respectively.

This year, Huzhou aims to achieve a 10 percent growth in the output value of above-designated-size logistics equipment enterprises, with the goal of surpassing a total scale of 55 billion yuan.