Tat Hong Equipment Service Co. Ltd.
2153.HK
Hong Kong Stock Exchange0.84
HKD
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Tat Hong Equipment Service Co. Ltd.
2153.HK
(Hong Kong Stock Exchange)
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0.84
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div
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ROIC.AI
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- Business
- Tat Hong Equipment Service Co., Ltd. is a leading provider of one-stop tower crane solution services primarily operating in the People's Republic of China and expanding in the Asia-Pacific region. The company offers a comprehensive portfolio of products and services including consultation, technical solution design, commissioning, construction, installation, maintenance, leasing, and after-sales services for tower cranes. These services primarily serve engineering, procurement, and construction (EPC) contractors involved in infrastructure, clean energy (thermal power, nuclear power, wind power), traditional energy, general construction, commercial building, and residential building projects. Tat Hong manages a large fleet of tower cranes with lifting capacities ranging from medium to large scale, supported by continuous research and development efforts, with over 150 registered patents related to tower crane technologies. In the past 1-2 years, Tat Hong has strategically diversified its business by reducing reliance on the domestic real estate sector and increasing its focus on clean energy projects and key overseas markets, notably expanding its presence in Indonesia and the Greater Bay Area. The company has invested significantly in digitalizing its management platforms and enhancing its research and development capabilities in tower crane technical solutions to improve operational efficiency and service excellence. Despite industry challenges such as weak domestic demand and market competition, Tat Hong focuses on expanding its fleet of large-tonnage tower cranes and strengthening its technical capabilities to secure new projects. It aims to become the best construction equipment service provider in its industry through technical innovation and market diversification. Tat Hong was founded in the 1970s and is headquartered in Shanghai, China. It is recognized as the first foreign-owned tower crane service provider established in China and operates multiple subsidiaries and bases across various cities including Beijing, Guangzhou, and Yizheng. The company’s leadership underscores its commitment to corporate values of virtue, safety, and excellence as it navigates economic pressures and market shifts while pursuing strategic growth in clean energy and international markets. Its ongoing efforts include optimizing operations, enhancing resource sharing, and cost reduction to sustain long-term business development. This comprehensive profile reflects Tat Hong's core business activities, recent strategic shifts, and its operational footprint as of late 2025.