Zhejiang Yinlun Machinery Co., Ltd Class A
SSZSE:00212632.01
CNY
+1.73
(+5.71%)
ISIN
CNE100000072
Return %
Stock
S&P 500
1Y
-10.71
13.14
3Y
89.52
80.78
5Y
211.99
67.74
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Jun Xia
- Full Time Employees
- 11,196
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- No. 8, Shifeng East Road Taizhou ZJ China 317200
- IPO Date
- Apr 4, 2007
- Website
- yinlun.cn
- Similar Companies
- Business
- Zhejiang Yinlun Machinery Co., Ltd. manufactures and sells thermal management systems and exhaust gas post-treatment products for automotive, commercial vehicle, off-road, new energy, industrial, and civil applications; its core offerings include engine oil coolers, radiators, charge air coolers, EGR coolers, cooling modules, battery thermal management systems, air conditioning and heat pump systems, electric water valves, gas-liquid separators, water pumps, urea tanks, diesel and gas engine post-treatment systems, plate heat exchangers, shell-and-tube heat exchangers, air-cooled heat exchangers, sea and fresh water heat exchangers, and coaxial heat exchangers. The company operates four main platforms—commercial vehicle and off-road thermal management, passenger car and new energy thermal management, engine post-treatment, and industrial and civil heat exchange—serving OEM customers such as Caterpillar, Cummins, Ford, Daimler, General Motors, Tesla, PACCAR, and others in passenger cars, trucks, construction machinery, locomotives, ships, power generators, data centers, robotics, and renewable energy sectors. Founded in 1958 and headquartered in Taizhou, Zhejiang Province, China, Zhejiang Yinlun Machinery maintains production bases across China in Hubei, Shandong, Shanghai, Jiangxi, Guangdong, Jiangsu, Guangxi, and Chongqing, alongside subsidiaries and operations forming Asian, European, and North American headquarters in over 40 countries including Poland and Mexico; it employs over 10,000 people and ranks first in China for heat exchanger production and sales for more than a decade. In recent developments, the company secures a USD61.3 million radiator supply contract with a major North American EV automaker for production starting in 2027 from its Mexico facility, launches operations in Poland and Mexico to expand globally with overseas revenue exceeding one-fifth of total sales, reports robust 2025 financial growth including Q3 revenue of RMB3.89 billion up 27.4% year-over-year and first-half revenue of RMB7.17 billion up 16.5%, advances into data center liquid cooling and humanoid robotics via new rotary joint and actuator modules plus a joint venture Suzhou Yizhi Dexterous Drive for dexterous hands, and completes divestiture of its 95.6% stake in Aicos 3D visual sensor technology in March 2025. Zhejiang Yinlun lists on the Shenzhen Stock Exchange under ticker 002126.SZ as China's first private heat exchanger company and a key industry standards drafter, with segments showing passenger cars at RMB7.09 billion, commercial/off-road at RMB4.18 billion, and digital/energy thermal management at RMB1.03 billion in 2024 sales predominantly from China alongside growing North America and Europe exports.