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Jiangyin Hengrun Heavy Industries Co.,Ltd (China)

Main Activities: Fabricated Metal Product Manufacturing
Full name: Jiangyin Hengrun Heavy Industries Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Jiangyin Hengrun Heavy Industries Co., Ltd. is a precision machinery manufacturer located in Jiangyin, China. The company was incorporated in July 2003 and currently employs over 900 people. They offer a one-stop service for design, forging, and precision machining. In 2021, the company had a consolidated sales revenue of 2.3 billion yuan, with over 40 million US dollars in self-operated exports. Hengrun Heavy Industries aims to become a globally recognized high-end precision machinery manufacturer. They have established deep collaborations with industry giants such as Siemens, GE, Emerson, Vestas, Shanghai Electric, Yantai Wanhua, CGN, and Sinopec. The company has been honored as an "excellent supplier" by Siemens, GE, Emerson, and China Nuclear Construction, among others. Their product range includes wind power flanges, wind power bearings, gas turbine components, nuclear power components, semiconductor equipment, pressure vessels, and offshore oil and gas equipment. The company possesses large hydraulic presses and CNC ring rolling machines, enabling them to produce various types of ring forgings with diameters below 12 meters. They have also introduced world-class processing centers, milling and turning composite machines, and advanced precision and testing equipment from Germany, the United States, Spain, and other countries. This allows them to master the deep processing technology of various precision mechanical parts, making them one of the few companies in the industry that can handle both forging and deep processing. Hengrun Heavy Industries has obtained various certifications and qualifications in the pressure vessel and wind power industries, including ISO9001 quality system certification, PED certification (EU Pressure Equipment Directive), Chinese Special Equipment Manufacturing License (Pressure Pipeline), and JIS certification (Japan). They have also been recognized by major international classification societies such as ABS, BV, CCS, DNV-GL, KR, LR, NK, and RINA. The company is a supplier to Sinopec and PetroChina, providing a solid guarantee for its continued development. The company places great importance on technology research and development and has established research and development institutions in collaboration with renowned universities. They have received honors such as the Jiangyin Science and Technology Progress Award and the Wuxi Patent Gold Award. In the future, the company plans to conduct thorough market research, attract high-quality talents, actively invest in new projects and technologies, accelerate the industrialization of scientific and technological achievements, and enhance its core competitiveness.

Headquarters
Zone A Europe Ind. Pk. Zhouzhuang T. Jiangyin City Wuxi Jiangsu
Jiangyin; Jiangsu; Postal Code: 214400

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Website: http://www.hrflanges.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 30, 2003
Key Executives
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Director
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Director
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Deputy General Manager
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Deputy General Manager
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Independent Director
Ownership Details
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29%
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17%
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6.99%
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5.66%
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3.5%
Subsidiaries
Beijing Lanrun Technology Development Co., Ltd.
100%
EUROBRUCKE GMBH
100%
Guangdong Lanrun New Materials Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Jiangyin Hengrun Heavy Industries Co.,Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
186.64%
Total operating revenue
186.65%
Operating profit (EBIT)
53.81%
Net Profit (Loss) for the Period
98.23%
Total assets
9.66%
Total equity
0.45%
Operating Profit Margin (ROS)
-3.85%
Net Profit Margin
-2.08%
Return on Equity (ROE)
0.84%
Debt to Equity Ratio
25.04%
Quick Ratio
-0.69%
Cash Ratio
-0.23%

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