In June 2020, valin star horse, the predecessor of Hanma Technology, announced that Geely Commercial Vehicle Group would acquire a 5.24% stake in the company/KLOC-0 at a price of not less than 435 million yuan. In June 2020, valin star horse changed its name to Hanma Technology, and Geely Commercial Vehicle Group became the controlling shareholder of Hanma Technology.

Hanma Technology Group Co., Ltd., referred to as Hanma Technology for short, stock code 600375, is a holding subsidiary of Geely Commercial Vehicle Group. It is an important R&D base for heavy trucks, special vehicles, core components and new energy commercial vehicles in China.