Shenwu Energy Saving Co., Ltd. Class A
SSZSE:0008203.44
CNY
+0.09
(+2.69%)
ISIN
CNE0000007Q3
Return %
Stock
S&P 500
1Y
29.81
13.14
3Y
2.08
80.78
5Y
-5.23
67.74
Capital Structure
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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.Company Description
- CEO
- Lin Zhu
- Full Time Employees
- 150
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Tianfeng Building Nanjing China 210000
- IPO Date
- Jun 30, 1998
- Website
- njswes.com.cn
- Similar Companies
- Business
- Shenwu Energy Saving Co., Ltd. is a China-based technical solution provider and engineering general contractor specializing in industrial energy conservation, environmental protection, and comprehensive resource utilization technologies. The company develops and promotes energy-saving and low-carbon technologies, providing services that include technical proposals, engineering design and supervision, general contracting, and technical consulting primarily for the steel, non-ferrous metals, and metallurgical industries. Its core product portfolio comprises green smelting technologies and equipment such as direct reduction and smelting reduction equipment for iron, steel, and non-ferrous metals, as well as auxiliary machinery and integrated energy systems including new energy power generation and transmission and transformation equipment. Shenwu also engages in the treatment and recovery of solid wastes and dust from steelmaking and non-ferrous smelting slag, alongside sales of building materials, mechanical and electrical products, and import-export business of various energy-saving and low-carbon commodities and technologies. Founded in 1998, the company is headquartered in Nanjing, China. Recently, Shenwu Energy Saving has expanded its business operations through significant strategic contracts and projects, notably its holding subsidiary Jiangsu Metallurgical Design Institute Co., Ltd. securing a 1.003 billion yuan EPC general contract for an efficient battery intelligent manufacturing project with Zhongqing Advanced Battery Manufacturing (Shihezi) Co., Ltd. This contract underscores the company's move into the energy storage and battery manufacturing sector. Additionally, Shenwu anticipates operational challenges with a forecasted net loss for 2024 attributed mainly to increased project costs, reflecting the company's current focus on managing project execution amidst industry pressures. Shenwu continues to consolidate its position in industrial energy-saving technologies and broaden its offerings as a smart energy service operator covering new energy generation and integrated energy systems. The company remains active in energy conservation, environmental protection engineering, and related technological innovation across China’s industrial sectors.