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Zhejiang Meilun Elevator Co.,Ltd (China)

Main Activities: Elevator and Moving Stairway Manufacturing
Full name: Zhejiang Meilun Elevator 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

Zhejiang Meilun Elevator Co., Ltd is a company located in Shaoxing, China. It was established in 1978 and entered the elevator industry in 1985. In September 2017, it successfully listed on the Shanghai Stock Exchange. The company is known as a highly specialized and leading elevator and escalator manufacturing base in Asia. It is situated in the ancient town of Keqiao, also known as the "Oriental Venice," covering an area of 230 acres. The company has convenient transportation, with the Keqiao exit of the Hangzhou-Ningbo Expressway 1.5km away, Shaoxing North High-Speed Railway Station 2km away, and Hangzhou Xiaoshan International Airport 12km away. Zhejiang Meilun Elevator Co., Ltd is a national-level high-tech enterprise with strong economic strength and technological innovation capabilities. It is the first elevator company in Zhejiang Province to be listed on the main board A-share market (stock code 603321). The company integrates elevator research and development, manufacturing, sales, installation, and services. Its product range includes passenger elevators, freight elevators, retrofitted elevators for old residential areas, villa elevators, medical elevators, sightseeing elevators, escalators, moving walkways, automated parking systems, and related components. The company has world-leading fully automated production lines, such as Salvagnini flexible production lines, Wagner coating production lines, Amada CNC sheet metal production lines, ABB robot welding production lines, Accurpress medium-thick plate production lines, and Siemens/Mitsubishi automatic integrated production line control systems. It has the capacity to produce 70,000 units (sets) of various types of escalators annually. Zhejiang Meilun Elevator Co., Ltd has obtained certifications such as the EU CE certification, TO energy efficiency A-level certification, ISO quality, environmental, occupational health management system, 2A-level integration of two chemical management system, and energy management system certification. It holds 22 invention patents, 321 utility model patents, and design patents. The company has received numerous honors, including China Famous Trademark, National Specialized, Refined, Special, and New Small Giant Enterprise, National Green Factory, National Excellent Scene Demonstration Enterprise for Intelligent Manufacturing, National Intellectual Property Advantage Enterprise, National CNAS Laboratory Certification, Zhejiang Province's First Set, and Zhejiang Manufacturing Certification. With over 40 years of manufacturing expertise, Zhejiang Meilun Elevator Co., Ltd continues to expand into new markets. Its marketing and service network covers the entire country, and it has established a collaborative team system of "production, education, and research," enabling it to promptly grasp market dynamics and respond to service demands. Internationally, Zhejiang Meilun Elevator Co., Ltd's professionalism, focus, and expertise have attracted numerous overseas customers. It has achieved outstanding performance and secured orders in some government major projects with strict audits. The company has established a good cooperation network in more than 30 countries in Asia, South America, North America, Africa, and Oceania. Zhejiang Meilun Elevator Co., Ltd will continue to leverage its over 40 years of professional manufacturing strength and adhere to the business philosophy of "quality as the core, service as the focus, and customer-centric." It aims to further innovate technology, improve quality, strengthen services, and operate with integrity, striving to build "Meilun" into an excellent elevator brand. The company warmly welcomes customers from both domestic and international markets to visit and cooperate for mutual success and a shared future.

Headquarters
576 Meizhong Road Kebei Ind. Pk. Shaoxing Zhejiang
Shaoxing; Zhejiang; Postal Code: 312065

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Website: http://www.zjml.cc

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:
May 23, 2000
Key Executives
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Chairman
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Director
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Director
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General Manager
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Deputy General Manager
Ownership Details
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36.07%
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26.12%
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3.6%
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0.69%
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0.65%
Subsidiaries
Jiangsu Stade Elevator Co., Ltd.
100%
Jiasheng International Development Co., Ltd.
100%
Shanghai Putuo Meilun Elevator Sales And Installation Engineering Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Zhejiang Meilun Elevator 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
1.43%
Total operating revenue
-4.1%
Operating profit (EBIT)
594.49%
EBITDA
763.47%
Net Profit (Loss) for the Period
671.61%
Total assets
-1.51%
Total equity
7.04%
Operating Profit Margin (ROS)
50.52%
Net Profit Margin
43.92%
Return on Equity (ROE)
5.12%
Debt to Equity Ratio
-1.47%
Quick Ratio
0.25%
Cash Ratio
0.12%

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