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Wuxi New Hongtai Electrical Technology Co.,Ltd (China)

Main Activities: Switchgear and Switchboard Apparatus Manufacturing
Full name: Wuxi New Hongtai Electrical 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

Wuxi New Hongtai Electrical Technology Co., Ltd was established in 2008 in Wuxi. The company specializes in the research, production, and sales of key components for circuit breakers, low-voltage circuit breakers, and knife fuse switches. They are one of the leading manufacturers in China for key components in the circuit breaker industry. Their main products include BMC/SMC molded insulation products for circuit breaker accessories, motors and actuators, low-voltage circuit breakers, and knife fuse switches. As a professional supplier of key components for circuit breakers, the company is committed to providing integrated solutions for research and development, manufacturing, and services to their customers. They participate in the research and development process of customer products, provide suggestions for the selection and structural design of key components for circuit breakers and low-voltage circuit breakers, and develop them according to customer requirements. They also offer services such as tooling and mold design and manufacturing, process flow design, quality control process design, and manufacturing of key components for circuit breakers and low-voltage circuit breakers. The company and its subsidiaries have obtained 122 national patents, including 31 invention patents, and 11 products have been recognized as high-tech products by the Jiangsu Provincial Department of Science and Technology. In September 2010, the company was recognized as a high-tech enterprise and passed the re-evaluation of high-tech enterprise qualifications in September 2013. The "Xinghongtai" and "SAHAT" trademarks used by the company have been recognized as famous trademarks by the Jiangsu Provincial Administration for Industry and Commerce. In the future, the company will focus on the business of key components for circuit breakers, seize the historic opportunity of rapid development in the power industry, adhere to a market-oriented approach, prioritize quality, and aim for efficiency. They will use technological innovation, institutional innovation, and management innovation to continuously optimize product and technical structures. Leveraging their advantages in research and development, marketing, branding, and talent, they will enhance their research and development and operational capabilities, gradually forming a modern business pattern, and avoiding homogeneity, uniformity, and sameness in development. Their goal is to become a global professional provider of circuit breaker key component manufacturing and services, integrating product research and development, manufacturing, and sales.

Headquarters
18 Yanxin Road Huishan District Wuxi Jiangsu
Wuxi; Jiangsu; Postal Code: 214174

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Website: http://www.newhongtai.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:
November 03, 2008
Key Executives
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Director
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Director
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Director
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Director
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General Manager
Ownership Details
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17.72%
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15.65%
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12.26%
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5.87%
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3.34%
Subsidiaries
Wuxi Hongsen Electronics Co., Ltd.
82.5%
Tianjin Jindi Hongtai Electric Co., Ltd.
75%
Xiamen Lianrong Electric Control Co., Ltd.
51%
Company Performance
Financial values in the chart are available after Wuxi New Hongtai Electrical 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
4.95%
Total operating revenue
5.32%
Operating profit (EBIT)
-1.35%
EBITDA
-5.92%
Net Profit (Loss) for the Period
0.09%
Total assets
2.51%
Total equity
3.35%
Operating Profit Margin (ROS)
-0.79%
Net Profit Margin
-0.55%
Return on Equity (ROE)
-0.21%
Debt to Equity Ratio
-0.04%
Quick Ratio
0.27%
Cash Ratio
-0.32%

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