Hongli Group Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jie Liu
- Full Time Employees
- 163
- Sector
- Basic Materials
- Industry
- Steel
- Address
- Beisanli Street Weifang People's Republic of China 262400
- IPO Date
- Mar 29, 2023
- CIK
- 0001855557
- Website
- hlyxgg.com
- Similar Companies
- Business
- Hongli Group Inc is a holding company primarily engaged in the manufacturing and sales of cold-rolled formed steel profiles. The company designs, produces, further processes, and sells customized steel profiles for machinery and equipment. Its product range includes various forms and shapes of cold roll formed steel profiles such as angles, bows, beams, brackets, channels, cross-members, flanges, hats, panels, plates, posts, rails, stakes, and tracks. These products serve industries including mining and excavation, construction, agriculture, and transportation. Hongli Group conducts its operations mainly in the People's Republic of China and also has international distribution channels. Incorporated in 2021 and headquartered in Weifang, China, Hongli Group Inc is a subsidiary of Hongli Development Limited. In the last 1-2 years, Hongli Group has demonstrated a financial turnaround with increased revenues reported in the first half of 2025, rising from $6.96 million in 2024 to $9.59 million, and achieving a net income of $990,049 compared to a previous loss. Additionally, the company regained compliance with the Nasdaq minimum bid price requirement as of October 2025, following an earlier deficiency notice issued in July 2025. Hongli Group operates 11 cold roll forming production lines and continues to expand its market presence with strategic financial stability improvements and operational compliance in the Nasdaq Capital Market.
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