GRG Metrology & Test Group Co. Ltd. Class A
SSZSE:00296716.98
CNY
+0.87
(+5.40%)
ISIN
CNE100003Q57
Return %
Stock
S&P 500
1Y
-15.65
13.14
3Y
25.13
80.78
5Y
-36.36
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
- Zhi Mao Ming
- Full Time Employees
- 6,717
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- No.163 Xipingyun Road Guangzhou GD China 511450
- IPO Date
- Nov 8, 2019
- Website
- grgtest.com
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- Business
- GRG Metrology & Test Group Co Ltd (002967.SZ) provides independent third-party measurement, testing, calibration, and evaluation services across the full industrial chain. The company offers measurement and calibration services for instruments and equipment in length, force, electricity, heat, and other categories; reliability and environmental testing compliant with IEC, ISO, GB, EIA, ASTM, IPC, ISTA, JEDEC, SAE, JIS, and MIL standards; electromagnetic compatibility (EMC) testing for automotive components, medical equipment, rail transit products, power equipment, and wireless devices; chemical analysis including physical and chemical testing of materials, VOC and odor tests, prohibited substances detection, and textile testing; environmental monitoring for water quality, soil, air, noise, and electromagnetic radiation; food and agricultural product testing covering microorganisms, heavy metals, pesticides, veterinary drugs, additives, and nutrition labels; EHS evaluation services encompassing safety assessments, environmental impact, and occupational health; safety testing, system certification, and technical training; digital services such as software testing, network security, and data compliance assessments; as well as research, development, production, and sales of reference materials. GRG Metrology & Test Group serves industries including automobiles, aerospace, rail transit, shipbuilding, communications, electric power, petrochemicals, medicine, environmental protection, food, agriculture, electronic appliances, and textiles, with operations primarily in China through 23 laboratories and over 50 branch offices. Founded in 1964 and headquartered in Guangzhou, China, the company, formerly known as Guangzhou GRG Metrology & Test Co Ltd, listed on the Shenzhen Stock Exchange SME Board in 2019 as the first listing from Guangzhou Municipal State-owned Assets and the third A-share under Guangzhou Radio Group. Recent developments include approval to acquire a 51% stake in Manhage (Shanghai) Biotechnology Co for CNY43.5 million to expand biotech testing capabilities, a strategic cooperation with the Institute of Quality Standard and Testing Technology for Agro-Products under the Chinese Academy of Agricultural Sciences to enter the reference material market, deepened investment in Zhonganguangyuan to strengthen evaluation and consulting, a strategic partnership with Xinrui New Energy in June 2024 for novel energy storage safety, and establishment of a joint innovation center with Beijing Yizhuang Artificial Intelligence Research Institute in October 2024 for metrology AI large models.