2.60
-0.76%
Close of 9 Nov 2026, in CNY
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About Tongyu Heavy Industry Co
Its shares trade on Shenzhen under the ticker 300185.SZ. It has been listed since 8 March 2011. In the fiscal year to 31 December 2025, it reported revenue of CN¥6.59bn and net income of CN¥65.5m. At that date it held total assets of CN¥15.16bn and shareholders' equity of CN¥6.85bn.
Tongyu Heavy Industry Co., Ltd. engages in the manufacture and sale of forging billets, forgings, and pipe mold. The company is headquartered in Dezhou, Shandong. The company went IPO on 2011-03-08. The firm mainly provides wind power principal axises, turbine rotors, other forgings, forging billets (steel ingots), metallurgical equipment and powder metallurgy products. The firm is also engaged in nuclear generation business. The firm distributes its products within domestic markets and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 8 Mar 2011
- Employees
- 4,291
- Website
- tongyuheavy.com ↗
Leadership
Pay as last reported
- Mr. Wei LiuChairman of the Board, since 2023
- Ms. Jing YangChief Financial Officer
- Mr. Yong SiGeneral Manager, Director, since 2010CN¥3.3m
- Mr. Zi WangDeputy General Manager, Secretary of the Board, Director, since 2024
- Mr. Jifeng LiangDeputy General ManagerCN¥1.5m
- Mr. Mao LiaoDeputy General ManagerCN¥1.3m
- Mr. Zhiqing LiuDeputy General ManagerCN¥1.5m
- Mr. Hongyun NiDeputy General ManagerCN¥1.7m
- Mr. Aijun ShiDeputy General Manager, since 2009CN¥1.8m
- Mr. Wenfeng HuangDirector, since 2020
- Mr. Jiantao SiDirector, since 2019CN¥1.4m
- Ms. Dan ZhuDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Tongyu Heavy Industry Co Ltd possesses several strengths that contribute to its success in the market. Firstly, the company has a diversified product portfolio, offering a wide range of heavy industry machinery and equipment. This enables them to cater to various customer needs and provides a competitive advantage. Secondly, Tongyu Heavy Industry Co Ltd has a strong brand reputation in the industry. With years of experience and a track record of delivering high-quality products, they have gained the trust and confidence of their customers. This helps in attracting new customers and retaining existing ones. Additionally, the company has a solid financial position. With healthy financial resources, Tongyu Heavy Industry Co Ltd is capable of investing in research and development, expanding its production capabilities, and exploring new growth opportunities. This financial stability also provides a sense of security to its stakeholders. Lastly, the company enjoys a well-established distribution network. This enables Tongyu Heavy Industry Co Ltd to efficiently reach its target markets and deliver its products to customers in a timely manner. The widespread distribution network enhances their market reach and enhances customer satisfaction.
Weaknesses
- Despite its strengths, Tongyu Heavy Industry Co Ltd faces certain weaknesses that need to be addressed. Firstly, the company heavily relies on a single market or region for its revenue generation. This poses a significant risk as any adverse economic or political conditions in that market can negatively impact their business operations. Furthermore, Tongyu Heavy Industry Co Ltd has limited brand recognition globally. This limits their opportunities to penetrate new markets and compete with well-known international competitors. Enhancing brand awareness and reputation on a global scale is crucial for their long-term growth. Additionally, the company struggles with supply chain inefficiencies. Delays in the procurement of raw materials or components can lead to production delays and impact customer satisfaction. Streamlining the supply chain processes and strengthening relationships with suppliers can help improve operational efficiency. Lastly, Tongyu Heavy Industry Co Ltd lacks expertise in certain emerging technologies. In a rapidly evolving market, the company needs to invest in research and development to stay ahead of competitors and adapt to changing customer demands.
Opportunities
- Tongyu Heavy Industry Co Ltd can capitalize on several opportunities to drive growth and expand its market presence. Firstly, there is a growing demand for heavy industry machinery and equipment globally. The company can leverage this trend to enter new markets and increase its customer base. Secondly, Tongyu Heavy Industry Co Ltd can explore strategic partnerships or collaborations with other industry players. This can help them gain access to new technologies, expand their product offerings, and enhance their competitive capabilities. Additionally, the transition towards sustainable and eco-friendly practices presents an opportunity for the company. By investing in research and development of green technologies and offering environmentally friendly solutions, Tongyu Heavy Industry Co Ltd can attract customers who prioritize sustainability. Lastly, the advancement of digitalization and automation in the industry creates an opportunity for Tongyu Heavy Industry Co Ltd to develop smart and interconnected machinery. This can enhance operational efficiency, reduce costs, and provide a unique selling point to differentiate from competitors.
Threats
- Tongyu Heavy Industry Co Ltd must also be aware of potential threats that can impact its business. Firstly, intense competition in the heavy industry sector poses a threat. There are numerous established players and new entrants constantly entering the market, increasing competition for market share and pricing pressures. Moreover, economic downturns or fluctuations in the global economy can affect the demand for heavy industry machinery. Reduced investments in infrastructure projects or industrial activities during such periods can negatively impact the company's revenue and profitability. Additionally, geopolitical uncertainties, trade disputes, or changes in government regulations can disrupt Tongyu Heavy Industry Co Ltd's operations, particularly if they heavily depend on a specific region or market. Lastly, rapid technological advancements and disruptive innovations can pose a threat to the company's existing products and technologies. Tongyu Heavy Industry Co Ltd needs to stay updated on industry trends and invest in research and development to remain competitive.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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