- Business
- Hubei Fuxing Science and Technology Co., Ltd. engages primarily in real estate development and metal product manufacturing, operating across China with international reach. The company offers residential and commercial real estate development, property operation and leasing, and project investment. Its metal products segment includes the manufacture and sale of radial tire steel cords, steel wires, steel wire ropes, and prestressed PC steel strands. These products serve key industries such as tire manufacturing, highway and bridge prestressed engineering, transportation, communications, aviation, power, coal, construction, petrochemical, and agriculture sectors. Hubei Fuxing also holds a well-known trademark "Lucky Star" in China for its steel wire products.
The company was founded in 1993 and is headquartered in Hanchuan, China. Recently, Hubei Fuxing has been focusing on strategic financial measures including a share repurchase program in 2024. It is currently in a due diligence stage exploring opportunities in the computing power field, signaling potential diversification or technology expansion efforts. Despite reporting a net loss in the first half of 2025, the company remains committed to its core industrial and real estate businesses while actively managing its operational structure and shareholder value. Hubei Fuxing employs over 2,200 personnel and continues to leverage its technical expertise in steel wire drawing and processing technologies to maintain its competitive position in the domestic and international markets.
The company operates as a key supplier within China's automotive tire industry and construction projects, supported by its long-established metallurgical capabilities. Its product lines are crucial for tire reinforcement materials and prestressed engineering applications across infrastructure projects. In addition to domestic operations concentrated in Central China, it maintains a modest presence in other Chinese regions. Hubei Fuxing is recognized for its operational management excellence, quality standards, and compliance with national safety and industry regulations, reinforcing its standing as a significant industrial and real estate enterprise in China.