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Suzhou Hesheng Special Material Co 002290.SZ · CNY

Materials · Shenzhen · 🇨🇳 China

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40.90

+1.04%

Close of 9 Nov 2026, in CNY

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About Suzhou Hesheng Special Material Co

Its shares trade on Shenzhen under the ticker 002290.SZ. It has been listed since 3 September 2009. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.55bn and net income of CN¥163.4m. At that date it held total assets of CN¥2.02bn and shareholders' equity of CN¥968.0m.

Suzhou Hesheng Special Material Co., Ltd. engages in the manufacture and distribution of electrical machinery and equipment as well as engages in the sale of instruments for material development and the manufacture of composite materials for home appliances. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2009-09-03. The Company’s products portfolio consists of pre-coated metal (PCM) sheets, which are used as skin plate materials and side and back plate materials for home appliances, including refrigerators and washing machines, and vinyl coated metal (VCM) sheets, which are used as skin plate materials for home appliances, including refrigerators, washing machines and electrical heating machines. Through its subsidiaries, the Company is also engaged in the research, development, manufacture and sale of coating composite materials. The firm distributes its products within domestic market and to overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
3 Sept 2009
Employees
791

Leadership

Pay as last reported

  • Mr. Xu LiangChairman of the Board, since 2013CN¥216,000
  • Mr. Wanmin ZhouFinance DirectorCN¥170,000
  • Mr. Hongbin GuoGeneral ManagerCN¥440,300
  • Mr. Wenqi WangDeputy General Manager, Secretary of the Board, since 2016CN¥240,300
  • Mr. Rui WangDirectorCN¥60,000
  • Mr. Zhenping WuDirectorCN¥60,000
  • Mr. Youshu ZhangDirectorCN¥60,000
  • Mr. Xuefeng LiuIndependent Director
  • Mr. Chen PengIndependent DirectorCN¥5,000
  • Ms. Yan YanIndependent Director
  • Mr. Qingbing YuIndependent DirectorCN¥60,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Suzhou Hesheng Special Material Co Ltd employs 791 full-time staff members in Suzhou.
  • The company manufactures pre-coated metal sheets for home appliances like refrigerators and washing machines.
  • Vinyl coated metal sheets are produced for electrical heating machines and other appliances.

Weaknesses

  • The company relies on the domestic market in China for product distribution.
  • Operations are concentrated in the single city of Suzhou, Jiangsu province.
  • The firm has limited product diversity beyond coated metal sheets for appliances.

Opportunities

  • Expanding sales of coating composite materials through its subsidiaries offers growth potential.
  • Overseas markets provide new distribution channels for home appliance components.
  • Increasing demand for refrigerators and washing machines boosts sales of pre-coated metal sheets.

Threats

  • Competition in the metals and mining sector may pressure profit margins.
  • Fluctuations in raw material costs could impact the manufacturing of composite materials.
  • Economic slowdowns in China might reduce domestic demand for home appliances.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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