- CEO
- Run Ping Liu
- Full Time Employees
- 766
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Zhengzhou China
- IPO Date
- Aug 21, 2024
- Business
- Zhengzhou Suda Industry Machinery Service Co., Ltd. is a China-based industrial service provider that specializes in full lifecycle management and aftermarket support for industrial machinery, primarily serving the coal mining, energy extraction, and heavy engineering machinery sectors. Founded in 2009 and headquartered in Zhengzhou, Henan Province, China, the company operates across key coal-producing provinces including Henan, Shaanxi, Shanxi, and Inner Mongolia, delivering integrated mechanical services to state-owned and commercial energy enterprises.
The company provides a comprehensive portfolio of products and technical solutions organized into five primary business divisions: Maintenance and Remanufacturing Services, which includes technical inspection, structural repair, performance restoration, and precision remanufacturing of fully mechanized mining equipment, hydraulic support systems, coal shearers, scraper conveyors, and roadheaders; Spare Parts Supply Management, comprising demand forecasting, centralized procurement, inventory management, warehousing, and rapid-dispatch distribution of specialized mechanical components, wear parts, and assembly modules; Specialized General Contracting Services, which delivers end-to-end on-site equipment maintenance, real-time operating condition monitoring, preventative servicing, fault troubleshooting, and total operational maintenance contracting linked to coal output; Used Equipment Leasing and Sales, covering the appraisal, refurbishment, technical retrofitting, short- and long-term leasing, and secondary-market brokerage of idle or pre-owned mining machinery; and Fluid Connectors and Systems, involving the research, engineering design, manufacturing, and distribution of high-pressure hydraulic hoses, rigid steel hydraulic piping, quick-release couplings, fluid connectors, and fluid conveyance assemblies for original equipment manufacturers and aftermarket operators.
In recent corporate developments, Zhengzhou Suda completed its initial public offering on the Shenzhen Stock Exchange Main Board in September 2024 under the stock code 001277, deploying proceeds to expand its nationwide network of service centers and remanufacturing bases. Expanding beyond traditional coal mining machinery, the company launched strategic initiatives in adjacent high-value industrial sectors, including the establishment of Zhengzhou Suda Oil & Gas Intelligent Equipment Technology Co., Ltd. to provide aftermarket maintenance, engineering services, and spare parts for oil and gas extraction equipment, as well as the commercialization of liquid cooling solutions through its fluid technology subsidiaries. To optimize subsidiary capital structures and accelerate capacity expansion across strategic northern energy hubs, the company executed direct capital increases into key operating subsidiaries, including Zhengzhou Airport Area Suda Industrial Machinery Service Co., Ltd. and Ordos Suda Industrial Machinery Service Co., Ltd., enhancing regional technical response speed and large-scale remanufacturing operations.