Guangdong Hongda Holdings Group Co., Ltd.
002683.SZ
Shenzhen Stock Exchange28.59
CNY
-0.69
- -
Guangdong Hongda Holdings Group Co., Ltd.
002683.SZ
(Shenzhen Stock Exchange)
Recent
price
28.59
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Guangdong Hongda Holdings Group Co., Ltd. operates extensively across various sectors within China and internationally. The company is primarily recognized as an integrated provider of mining and civil blasting solutions. Its operations are strategically divided into distinct business segments: mining engineering services, the manufacturing and distribution of civil explosive materials, and the production and sale of defense equipment. Within its mining engineering division, the company offers a broad spectrum of services, encompassing both surface and underground excavation, geological surveys, detailed design and optimization of operational plans, mine construction, extraction processes, mineral processing, environmental management, and comprehensive management of mining sites. This includes earth stripping, blasting for excavation, and the logistics of mineral transportation. The civil blasting segment focuses on a range of products, such as industrial explosives including ammonium oil and emulsion types, alongside detonators and fuses, electronic detonators, and on-site mixing solutions. These products and services support diverse applications in mining, water conservancy, hydropower projects, infrastructure development, urban renewal, and specialized blasting tasks. Furthermore, the defense equipment segment develops and supplies advanced systems like missile weaponry, precise missile components, intelligent ammunition, and individual soldier gear. Beyond these core areas, Guangdong Hongda is also engaged in the production and sales of energy and chemical products, notably PVC resin, ammonium nitrate, and urea. The company provides specialized technical consulting, development, and transfer services for blasting operations, alongside capabilities in non-metallic ore beneficiation and advanced processing. Its extensive qualifications allow for general contracting in mining engineering, specialized contracting for blasting and demolition, and comprehensive project management, including green vegetation restoration and general contracting for both mining and residential construction. Additionally, the group participates in investment activities, equipment leasing, marketing strategy, and corporate administration. Originally established in 1988 as Guangdong Hongda Blasting Co., Ltd., the organization officially adopted its current name, Guangdong Hongda Holdings Group Co., Ltd., in January 2022. The company is headquartered in Guangzhou, China. Recent financial reports indicate robust performance, with significant revenue growth in 2024 and substantial outstanding orders in its mining services division. It holds a prominent position as China's first listed company offering integrated mining and civil explosive services, emphasizing technological innovation and global expansion.