11.71
+1.04%
Close of 9 Nov 2026, in CNY
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About Neway CNC Equipment Suzhou Co
Its shares trade on Shanghai under the ticker 688697.SS. It has been listed since 17 September 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.89bn and net income of CN¥302.6m. At that date it held total assets of CN¥4.53bn and shareholders' equity of CN¥1.85bn.
Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research, development, production, and sale of high-end computer numerical control (CNC) machine tools. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2021-09-17. The firm's products mainly include large machining centers, vertical CNC machine tools, horizontal CNC machine tools and other main product categories. The large machining centers mainly include fixed column gantry machining centers, overhead bridge gantry machining centers, CNC boring and milling machines and other series models. The vertical CNC machine tools include high-speed vertical machining centers, motorized spindle vertical machining center series and other series models. The horizontal CNC machine tools include high-speed horizontal machining centers, high-efficiency horizontal machining centers, inclined bed CNC horizontal lathe series and other series models. The firm's products are exported to the United States, Germany, Britain, Italy and other countries and regions.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 17 Sept 2021
- Employees
- 1,156
- Website
- newaycnc.com ↗
Leadership
Pay as last reported
- Bao Qing WangGeneral Manager & Director, since 2004
- Li Qing HongChief Financial Officer & Board Secretary, since 2020
- Hui Jian LuManager-Research & Development, since 2008
- Jun Qiang LiManager-Research & Development, since 2007
- Xiao Cai SongManager-Research & Development, since 2007
- Chun You HuDirector & Deputy General Manager, since 2008
- Guo Xin GuoDirector & Deputy General Manager, since 2007
- Qin YanChairman-Supervisory Board, since 2019
- Zhang Wen ChengChairman, since 1997
- Bao Qing WangGeneral Manager & Director, since 2004
- Fu Zhong HuangIndependent Director, since 2020
- Ya Hong MaIndependent Director, since 2020
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
- Neway CNC Equipment Suzhou Co Ltd employs 1,156 skilled workers for high-end CNC machine production.
- The company's large machining centers include fixed column gantry and overhead bridge models for industrial use.
- Exporting to the US, Germany, Britain, and Italy demonstrates strong international market reach.
Weaknesses
- The company's product range focuses on CNC machine tools without mentioning advanced automation features.
- Limited export markets beyond US, Germany, Britain, and Italy may restrict global expansion.
- No mention of R&D investment or new product development in the provided facts.
Opportunities
- Expanding CNC machine tool exports to emerging markets in Asia and Eastern Europe.
- Increasing demand for high-speed vertical machining centers in automotive manufacturing sectors.
- Growing adoption of CNC boring and milling machines in aerospace and defense industries.
Threats
- Competition from established CNC machine tool manufacturers in Germany and Japan.
- Economic downturns in key export markets like the US and Germany could reduce demand.
- Trade tensions between China and Western countries may affect export operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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