9.09
-0.87%
Close of 9 Nov 2026, in CNY
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About Riyue Heavy Industry Co
Its shares trade on Shanghai under the ticker 603218.SS. It has been listed since 28 December 2016. In the fiscal year to 31 December 2025, it reported revenue of CN¥6.26bn and net income of CN¥553.3m. At that date it held total assets of CN¥13.55bn and shareholders' equity of CN¥10.34bn.
Riyue Heavy Industry Co., Ltd. engages in the manufacture and processing of heavy machinery parts and metal castings. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2016-12-28. The firm's products include wind castings, plastic machinery castings, diesel castings, machining center castings and other castings. The firm's products are used in heavy equipment in the fields of assembly energy, general machinery and marine engineering. The firm conducts its businesses in domestic and 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
- 28 Dec 2016
- Employees
- 4,352
- Website
- riyuehi.com ↗
Leadership
Pay as last reported
- Mr. Mingkang FuChairman of the Board, General Manager, since 2007CN¥432,600
- Mr. Ye WangFinance Director, Secretary of the Board, Director, since 2011CN¥374,800
- Mr. Lingyu LiChief Technology OfficerCN¥190,200
- Mr. Hongkang YuDeputy General Manager, Director, since 2007CN¥397,100
- Mr. Jianzhong ZhangDeputy General Manager, Director, since 2014CN¥465,600
- Mr. Hengsheng ZhuDirector of SalesCN¥258,500
- Ms. Ling'er FuDirectorCN¥51,400
- Mr. Jianjun ZhouDirectorCN¥161,400
- Ms. Wenjun TuIndependent DirectorCN¥30,000
- Mr. Ping WenIndependent DirectorCN¥30,000
- Mr. Shuguang ZhengIndependent DirectorCN¥72,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 63
- Environment
- 86
- Social
- 48
- Governance
- 54
- Direct emissions (scope 1)
- 1,077,408.22 t
- Energy emissions (scope 2)
- 351,927.72 t
- Women in the workforce
- 21.44512%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Riyue Heavy Industry employs 4,352 skilled workers in Ningbo for machinery parts production.
- Wind castings and diesel castings are key products for energy and marine sectors.
- Domestic and overseas markets provide diversified revenue streams for the company.
Weaknesses
- Ningbo headquarters limits geographic expansion opportunities for the company.
- Heavy machinery parts manufacturing relies on specific industry demand fluctuations.
- Limited product range beyond castings and metal processing segments.
Opportunities
- Growing demand for wind energy equipment in China's renewable energy sector.
- Expansion into marine engineering markets with increasing global shipping needs.
- Increasing adoption of plastic machinery castings in manufacturing industries.
Threats
- Competition from other Chinese machinery manufacturers in domestic market.
- Fluctuations in global metal prices affecting production costs.
- Economic downturns impacting heavy equipment manufacturing sectors.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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