- Business
- Hangzhou Youngsun Intelligent Equipment Co., Ltd. (603901.SS) manufactures and sells packaging machinery and related materials principally in China with exports to over 60 countries worldwide. The company, founded in 2002 and headquartered in Hangzhou, Zhejiang Province, offers a comprehensive range of products including vacuum packaging machines such as YS-ZS series and YS-DQ models; labeling machines like A2000, B2000, and CB2000 series; shrink wrappers including YS-ZB multi-lane and pad variants; carton sealers such as FJ-1A, FJ-3 series, and YS-501 models; strapping machines encompassing semi-automatic AS-10 and high-speed YS-305/405 series; palletizers and wrapping machines like MH-FG series and MD models; case erectors, carton packers, robots such as YSR series palletizers; filling and capping machines including YSDXR and YSCSP; vertical packaging machines like YS-CS and YS-BS series; conveyors, PP/PET straps, stretch films, and customized packing production lines; as well as ancillary equipment like blow molding machines, bottle washers, and pasteurizers. It serves industries including food and beverage, daily chemicals, pharmaceuticals, electronics, and logistics with clients such as Dell, Haier, and Lenovo, and employs approximately 5,000 people across multiple factories. Recent developments include a strategic global cooperation agreement with JD.com Industrial signed in April 2025 to enhance e-commerce packaging solutions; an ongoing share repurchase program through April 2025 totaling 0.39% of shares for 17 million CNY to optimize capital structure; participation in Zhejiang Province major AI standardization projects; and earlier acquisitions such as 73.5% of Zhejiang Longwen Precision Equipment in 2021 and 80% of Foshan Chuangzhaobao Intelligent Packaging in 2018 to bolster precision equipment and intelligent packaging capabilities.