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Shandong Shuangyi Technology Co.,Ltd. (China)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing | Engine, Turbine, and Power Transmission Equipment Manufacturing | Motor Vehicle Parts Manufacturing
Full name: Shandong Shuangyi Technology Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Shandong Shuangyi Technology Co., Ltd. is a modern high-tech enterprise located in Dezhou, Shandong Province, China. The company was established in 2000 and has a strong presence in the industry. With a registered capital of 52 million yuan and total assets of 550 million yuan, Shandong Shuangyi Technology employs over 1,000 people and covers an area of 370,000 square meters. The company operates four production sites, including its headquarters, as well as branches in Ling County, Wucheng, and the United States. Shandong Shuangyi Technology specializes in the research, design, production, sales, and service of advanced composite materials. Its main products span eight major fields, including non-metal mold processing, new energy wind power, automotive, advanced composite materials, public and rail transportation, yachts and ships, engineering and agricultural machinery, and medical devices. These products are manufactured using advanced production processes such as molding, hot pressing, rolling coating, VARI, LRTM, SMC, PDCPD, LFT-D, and wet molding, which offer advantages such as high dimensional accuracy, high tensile strength, and long service life. The company exports its products worldwide. Over the years, Shandong Shuangyi Technology has focused on quality and innovation, leveraging its experience and capabilities to achieve significant growth. The company has implemented modern management systems and obtained certifications for quality management (ISO9001), environmental management (ISO14001), occupational health and safety management (OHSAS18001), and automotive industry quality management (ISO/TS16949). It has also been recognized as a high-tech enterprise, provincial enterprise technology center, provincial industrial design center, and a one-enterprise-one-technology enterprise in Shandong Province. With its strategic thinking, professional management team, strong technical expertise, and fast delivery capabilities, Shandong Shuangyi Technology has become a leading brand in the Chinese composite materials industry. The company is committed to meeting customer needs and exceeding their expectations. It continues to invest in research and development, resulting in numerous patented products and recognition as a technology innovation project in Shandong Province. Shandong Shuangyi Technology looks forward to cooperating with customers and providing high-quality products and services.

Headquarters
Shuangyi R. Xinhua Industrial Park Decheng Dist. Dezhou Shandong
Dezhou; Shandong; Postal Code: 253000

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Website: http://www.shuangyitec.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:
March 06, 2000
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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General Manager
Ownership Details
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38.33%
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2.03%
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1.45%
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1.45%
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1.43%
Subsidiaries
Double One Technology Yancheng Co., Ltd.
100%
Double One Yacht (Hainan) Co., Ltd.
100%
Shandong Shuangyi Yacht Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Shandong Shuangyi Technology 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
7.69%
Total operating revenue
4.64%
Operating profit (EBIT)
-48.9%
EBITDA
-53.16%
Net Profit (Loss) for the Period
-56.39%
Total assets
4.85%
Total equity
4.31%
Operating Profit Margin (ROS)
-4.02%
Net Profit Margin
-3.35%
Return on Equity (ROE)
-0.29%
Debt to Equity Ratio
-0.06%
Quick Ratio
-0.14%
Cash Ratio
0.03%

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