8.23
-1.67%
Close of 9 Nov 2026, in CNY
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About Zhejiang Xinzhonggang Thermal Power Co
Its shares trade on Shanghai under the ticker 605162.SS. It has been listed since 7 July 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥707.5m and net income of CN¥123.1m. At that date it held total assets of CN¥1.85bn and shareholders' equity of CN¥1.32bn.
Zhejiang Xinzhonggang Thermal Power Co., Ltd. engages in the production and sale of electricity and heat, the provision of technical services for electricity and heat, and import and export of goods. The company is headquartered in Shaoxing, Zhejiang. The company went IPO on 2021-07-07. The firm's main products include steam products, power products and compressed air. The steam products are mainly supplied to industrial users in the park for heating, drying, shaping and other processes in the production process of papermaking, printing and dyeing, pharmaceutical, chemical, food and other industrial enterprises. The power products are sold directly to the State Grid Corporation of China. The compressed air products are supplied to some gas users. The firm primarily operates in the domestic market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Utilities
- Industry
- Electric Utilities
- Listed since
- 7 Jul 2021
- Employees
- 393
- Website
- zjxzgrd.com ↗
Leadership
Pay as last reported
- Mr. Baijun XieChairman of the Board, since 1997
- Ms. Jianhong WuChief Financial Officer, Director, since 2024
- Mr. Xun XieGeneral Manager, Director, since 2024
- Mr. Jingyue LiuDeputy General Manager, Director, since 2021
- Mr. Aimin WangDeputy General Manager, Director, since 2024
- Mr. Junliang WangChief Engineer
- Mr. Zhenglong WengAssistant to General Manager
- Mr. Zhichun MiSecretary of the Board
- Mr. Sanjun ZhaoDirector
- Mr. Leming ChengIndependent Director
- Mr. Chenbo ShanIndependent Director
- Mr. Chunpeng 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 Xinzhonggang Thermal Power Co Ltd supplies steam to papermaking and chemical industries in Shaoxing.
- The company sells power products directly to State Grid Corporation of China.
- Compressed air products serve gas users within the domestic market.
Weaknesses
- The company operates solely in the domestic market with no international presence.
- Limited to 393 employees, restricting scalability and innovation capacity.
- Dependent on State Grid Corporation for power product sales.
Opportunities
- Expanding steam supply to pharmaceutical and food industries in Shaoxing.
- Increasing compressed air services for industrial gas users domestically.
- Growing demand for heat and power in Zhejiang's industrial parks.
Threats
- Regulatory changes in China's Utilities sector could impact operations.
- Competition from other thermal power providers in Zhejiang.
- Economic downturns affecting industrial demand for steam and power.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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