6.12
-0.33%
Close of 9 Nov 2026, in CNY
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About Zhejiang Meilun Elevator Co
Its shares trade on Shanghai under the ticker 603321.SS. It has been listed since 15 September 2017. In the fiscal year to 31 December 2025, it reported revenue of CN¥677.6m and net income of CN¥32.3m. At that date it held total assets of CN¥2.17bn and shareholders' equity of CN¥1.44bn.
Zhejiang Meilun Elevator Co., Ltd. engages in the research, development, design, manufacture, and sale, of elevators, escalators, and automatic sidewalks. The company is headquartered in Shaoxing, Zhejiang. The company went IPO on 2017-09-15. The firm's primary products include elevators, escalators, moving walkways and related ancillary products. The elevators mainly include passenger lifts, sightseeing elevators, bed elevators, cargo elevators, hydraulic elevators, car elevators, home ladders and three-dimensional garage. The firm is also involved in the provision of relevant installation, retrofit, repair and maintenance services. The firm mainly operates its business in the domestic market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 15 Sept 2017
- Employees
- 634
- Website
- zjml.cc ↗
Leadership
Pay as last reported
- Mr. Xuelin QianChairman of the Board, since 2023
- Mr. Jianhua TianGeneral Manager
- Mr. Qian FuDeputy General Manager, Secretary of the Board
- Mr. Jin QianDeputy General Manager, Director, since 2017
- Mr. Xuegen QianDeputy General Manager, Director, since 1998
- Mr. Yegang WangDirector
- Mr. Wencai LuIndependent Director
- Mr. Deyi PuIndependent Director
- Mr. Yongjian ZhangIndependent Director
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
- Zhejiang Meilun Elevator Co Ltd employs 634 full-time employees in Shaoxing, China.
- The company offers a diverse range of elevators including passenger lifts and sightseeing elevators.
- Zhejiang Meilun Elevator Co Ltd provides comprehensive installation and maintenance services for its products.
Weaknesses
- The company's primary market is limited to the domestic Chinese market.
- Zhejiang Meilun Elevator Co Ltd has no international presence as of 2017.
- The firm's product range includes only standard elevator types without innovation.
Opportunities
- Expanding into international markets could increase Zhejiang Meilun Elevator Co Ltd's global reach.
- Growing demand for elevators in China's urban construction projects presents opportunities.
- The company could leverage its domestic market position to develop new product lines.
Threats
- Competition from established international elevator manufacturers poses a threat to Zhejiang Meilun Elevator Co Ltd.
- Economic downturns in China could reduce demand for elevator installations.
- Regulatory changes in China's construction industry might affect the company's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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