- Business
- Hengxin Technology Ltd. is a Singapore-based investment holding company principally engaged in the research, design, manufacture, and sale of telecommunications products including radio frequency coaxial cables, leaky cables, antennas, high temperature resistant cables, active transmission equipment, connectors, jumper cables, and related accessories for mobile communications operators, equipment vendors, and rail transit builders; integrated circuits and digital technology encompassing chips research, design, sales, supply chain services, semiconductor intellectual property authorization, and digital security products and services; and new energy and services focused on solar power production and sales from tower concentrated solar power stations with molten salt energy storage, as well as development consultation and technical services for solar thermal power generation technology. The company operates primarily in the People's Republic of China through its key subsidiary Jiangsu Hengxin Technology Co., Ltd., with production facilities in Yixing City, Jiangsu Province, and additional operations including two solar power stations in Delingha; it also serves markets in Asia including India via subsidiaries and exports to international customers. Founded in 2004 and headquartered at 5 Tampines Central 1, #06-05 Tampines Plaza 2, Singapore 529541, the company maintains an annual production capacity of approximately 168,000 kilometers of RF coaxial cables, 7.86 million pieces of accessories, and 120,000 antennas. In recent developments, Hengxin completed the acquisition of the remaining 49% equity interests in Nanjing Zhangyu Information Technology Co., Ltd. and Shanghai Zhangyu Information Technology Co., Ltd. in 2024 to fully consolidate its digital technology segment; acquired Zhejiang Zhongguang New Energy Technology Co., Ltd. and subsidiaries in July 2023, establishing the New Energy and Services segment with a 50MW and 10MW solar power projects; renamed its Digital Technology and Digital Security segment to Integrated Circuits and Digital Technology during 2024 to better reflect operations; and issued new ordinary shares via placing in May 2024, increasing share capital.