Taier Heavy Industry Co., Ltd. Class A
SSZSE:0023476.85
CNY
+0.31
(+4.74%)
ISIN
CNE100000KX6
Return %
Stock
S&P 500
1Y
-5.52
13.14
3Y
46.37
80.78
5Y
58.20
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
- Dong Bao Huang
- Full Time Employees
- 1,529
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No. 669, Chaoshan Road Maanshan AN China 243000
- IPO Date
- Jan 29, 2010
- Website
- taiergroup.com
- Similar Companies
- Business
- Taier Heavy Industry Co., Ltd. specializes in the research, development, manufacture, and sale of high-end metallurgical equipment and power transmission machinery. Its core products include industrial universal shafts, gear couplings, shearing blades, sliding plates, mandrels, compactors, auto transmission shafts, industrial robots (such as packaging, welding fixture, sampling labeling, and unpacking robots), and laser composite welding production lines. The company operates across metallurgical intelligent equipment, laser technology, surface technology, powder materials, industrial services, and investments. It serves major industries including metallurgy, steel, new energy, semiconductor manufacturing, wind power, hoisting, cement, mining, electricity, and paper making. Founded in 2001 and headquartered in China, Taier maintains eight subsidiaries and leverages platforms for R&D, core manufacturing, equipment spare parts services, and big data to support high-end domestic and international customers. In the last 1-2 years, Taier Heavy Industry has made strategic moves such as raising its stake in its subsidiary Shentai Intelligent to 83.4% to improve operational efficiency and plans to acquire additional minority shareholder equity in Shentai Intelligent. It has established new partnerships and a strategic cooperation agreement with the Ma'anshan municipal government and Shanghai Jiaotong University, focusing on intelligent manufacturing and laser welding technologies. Taier has developed innovations including an automatic laser composite welding production line for multi-gun barrels, which won the Golden Ray Laser New Application Award. The company is also advancing multi-axis, multifunctional laser welding systems particularly for nuclear power, and a multi-source sensing system for welding quality monitoring. Taier's business strategy emphasizes intelligent products, intelligent manufacturing, intelligent management, and intelligent services aligned with China's high-quality development goals. Its global strategy, branded "One Main and Two Wings," concentrates on maintaining leadership in metallurgical equipment alongside growth in laser and surface technologies. The company targets high-end markets domestically and internationally with a production capacity exceeding 1,000 lines. Taier's client base includes major steel producers and equipment manufacturers globally, with ongoing expansion in new energy and semiconductor sectors. Taier Heavy Industry is publicly traded on the Shenzhen Stock Exchange under ticker 002347.SZ and is recognized as a leading equipment manufacturer in the metallurgical sector worldwide. Its comprehensive product and service portfolio spans core spare parts, complete equipment sets, laser remanufacturing services, turnkey solutions, and associated new energy fund business activities, reflecting a diversified industrial footprint. The company continues to pursue technological excellence and internationalization with a long-term vision of becoming an "International Taier, Centennial Taier."