Huazhang Technology Holding Ltd.
HHKEX:16730.24
HKD
+0.01
(+2.17%)
ISIN
KYG464201162
CUSIP
G46420116
Return %
Stock
S&P 500
1Y
-9.62
14.20
3Y
-33.00
81.12
5Y
-74.54
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Hui Fang
- Full Time Employees
- 215
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Canal Advertising Industry Building Hangzhou ZH China 314500
- IPO Date
- May 16, 2013
- Website
- hzeg.com
- Similar Companies
- Business
- Huazhang Technology Holding Limited, an investment holding company founded in 1992 and headquartered in Hangzhou, Zhejiang Province, China, engages in the research, development, manufacture, and sale of industrial automation systems, sludge treatment products, and related equipment primarily for the paper-making industry in the People's Republic of China; it operates through four segments including Industrial Products encompassing paper-making machines, headboxes, pulping equipment such as intelligent hydropulpers and conical refiners, high-speed drive control systems, dilution water hydraulic headboxes, and permanent magnet motors; Project Contracting Services providing design, procurement, installation, project management, and energy-saving solutions for paper production lines; Environmental Products offering wastewater treatment, waste recycling, sludge dewatering via steel press filters and chamber-type diaphragm filter presses, and waste-derived fuel solutions; and Supporting Services delivering after-sales maintenance, machine operation, logistics, warehousing, supply chain management, rental, renovation, computer software and hardware, technical support, and trading of electronic parts. The company serves paper manufacturers, metallurgical, power, and municipal sectors with a focus on intelligent manufacturing, digital transformation including MES systems, visualization platforms, data acquisition, and energy management; it targets domestic markets while exploring overseas opportunities and operates manufacturing facilities in Tongxiang Economic Technical Development Zone. Recent developments include securing major contracts in 2024 for special paper driving projects with Jintianhe Paper and Fengsheng Paper, achieving industry-first same-year commissioning and acceptance for projects like Hunan Golden Leaf and Guanhao High-Tech pulping systems, establishing platinum system integrator status with Rockwell, Siemens, and Innomotics alongside exclusive partnerships with Danfoss and Nidec plus collaborations with Schneider, ABB, and SKF, launching upgraded products such as the HZT-Precharger V8.0 control board and DUDT, passing acceptance for its Provincial Key Industrial Internet Platform for green paper-making manufacturing, earning provincial first-unit recognition for paper-making waste residue utilization technology, filing 15 new patents during the six months ended December 2024 to reach 354 total patents, partnering with a Hong Kong recycling firm for waste metal recovery and pursuing Indonesian opportunities, becoming a key investor via subsidiary Zhejiang Huazhang in a debtor company's bankruptcy restructuring for RMB95.7 million, and renewing its Master Sales Agreement with an annual cap of HK$18 million.