Ruichang International Holdings Limited, founded in 1994 and headquartered in Shanghai, China, operates as a leading manufacturer of petroleum refinery and petrochemical equipment primarily serving the Mainland China market. The company’s core products include customized petroleum refinery and petrochemical equipment across four main categories: sulphur recovery units (SRU) and volatile organic compounds (VOCs) incineration equipment; catalytic cracking equipment; process burners; and heat exchangers. In addition to manufacturing, Ruichang International provides installation and technology consulting services.
Recent strategic developments include the formation of a joint venture company in Huangshan, China, focused on phosphorus pollution control, phosphorus-containing waste treatment technologies, and recycling, leveraging advanced entrained flow technology. The group holds an 80% stake with a total capital commitment of RMB 120 million for this venture as of December 2024. Furthermore, Ruichang International secured an exclusive cooperation license with Callidus, a subsidiary of Honeywell’s UOP, to fully take over after-sales services of the Callidus brand in China, covering equipment maintenance, technical support, spare parts supply, and customer training. The company is also expanding its footprint in the Middle East and North Africa, establishing partnerships and supplier status with key entities such as Abu Dhabi National Oil Company (ADNOC).
The company has notably increased investment in research and development, committing RMB 31.56 million in 2024, and holds 234 patents, underscoring its focus on innovation in energy-saving and environmental protection technologies aligned with China’s dual carbon commitment. It has modernized its production capabilities with an intelligent factory that commenced operations in July 2025, boosting production capacity and supporting market expansion. Ruichang International also emphasizes ESG initiatives alongside technological advancements and operates with subsidiaries including Luoyang Ruichang and Shanghai Ruiqieer, both certified high and new technology enterprises. The company was listed on the Hong Kong Stock Exchange in July 2024 under ticker 1334.HK.