HuiZhou Intelligence Technology Group Co., Ltd. Class A
SSZSE:0021222.67
CNY
+0.05
(+1.91%)
HuiZhou Intelligence Technology Group Co., Ltd. Class A
SZSE:002122
(Shenzhen Stock Exchange)
Recent
price
2.67
P/E
ratio
- -
div
yld
0.08%
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- HuiZhou Intelligence Technology Group Co., Ltd HuiZhou Intelligence Technology Group Co., Ltd (002122.SZ), founded in November 2002 and listed on the Shenzhen Stock Exchange in March 2007, engages primarily in high-end equipment manufacturing and data services; the company manufactures and sells bearings including deep groove ball bearings, angular contact ball bearings, cylindrical roller bearings, double-row self-aligning bearings, thrust self-aligning bearings, tapered roller bearings, rolling mill bearings, petroleum machinery bearings, railway bearings, aircraft bearings, wind power slewing bearings, and nonstandard bearings, as well as computer numerical control machine tools such as heavy-duty vertical lathes, heavy-duty horizontal lathes, vertical machining centers, heavy-duty deep-hole drilling and boring machines, roller lathes, vertical grinding machines, and vertical gear milling machines. It also provides big model data services encompassing data labeling, collection, and Internet content security review; venture capital and asset management services including investment management systems, risk control systems, and post-investment management systems; and media business involving publications such as famous Chinese and foreign works, Chinese studies, history books, and children's picture books. HuiZhou Intelligence Technology Group operates predominantly in China, which accounts for the majority of its net sales, with additional exports to Europe, Japan, South Korea, the United States, and other international markets, serving industries including transportation, energy, metallurgy, machinery, shipbuilding, aerospace, military, and others; the company is headquartered at 18 Zhichun Road, Haidian District, Beijing, with its registered address in Quzhou City, Zhejiang Province, and subsidiaries primarily in Beijing, Heilongjiang, Jiangsu, and other locations. In June 2023, the company changed its name from Tianma Bearing Group Co., Ltd to HuiZhou Intelligence Technology Group Co., Ltd following its removal from special treatment status; it faced regulatory scrutiny in 2024 and 2025 from the China Securities Regulatory Commission and Zhejiang Securities Regulatory Bureau over suspected information disclosure violations and inflated revenue tied to a 2019 acquisition of media assets including stakes in Peking Rere Cultural Technology Co., Ltd and China Science Huashi Cultural Media Co., Ltd, which generated significant goodwill impairment and ongoing losses in the media segment; additionally, in October 2025, its subsidiary Qi Zhong Numerical Control was recognized by the China Machine Tool & Tool Builders' Association for the DVTG250×25/20B-MC double-column vertical lathe-grinding machining center as one of the top ten autonomous innovations of 2024.