Jiangyin Zhongnan Heavy Industries Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Zhongnan Red Culture Group Co., Ltd. is the first listed company in the industrial metal pipe fittings industry in China, with a registered capital of 369.38 million yuan. It was listed on the Shenzhen Stock Exchange in July 2010, with the stock code 002445. In response to the national call for industrial transformation, Zhongnan Heavy Industry has started to enter the cultural media industry. After successfully acquiring Datang Brilliant Media, the dual main business has begun to take shape, and the strategic plan of driving the company's development with dual wheels has been successfully implemented. Zhongnan Heavy Industry is mainly engaged in the processing of various materials such as pipe fittings, flanges, and pipe systems, as well as the manufacturing of pressure vessels. Its products are widely sold and applied in industries such as petroleum, chemical, marine engineering, shipbuilding, construction, gas, nuclear power, etc. The registered address of the company is Jiangyin Economic Development Zone, covering an area of 360000 square meters. The factory has rooms covering an area of over 300000 square meters, and its credit rating has been AAA for 10 consecutive years. The company currently has nearly 1300 employees, with personnel with a college degree or technical title accounting for over 30% of the total number of employees. As of the end of 2014, the company's total assets reached 3.5 billion yuan and annual sales exceeded 10.5 billion yuan. The main products of the manufacturing sector include: butt welding, socket welding, threaded series elbows, tees, reducers, pipe caps, flanges, pipe fittings extension products of various materials, as well as the manufacturing and processing of the four major pipelines and pipe fittings in power plants, The annual production capacity exceeds 30000 tons (about 250000 high-pressure pipe fittings of various material specifications, about 500000 forged pipe fittings, about 350000 carbon steel seamless pipe fittings, about 250000 low-temperature steel seamless pipe fittings, about 300000 alloy steel seamless pipe fittings, about 300000 stainless steel seamless pipe fittings, about 250000 carbon steel welded pipe fittings, and about 200000 stainless steel welded pipe fittings), with complete product specifications (DN15-DN3000). In addition to production according to various standards, it can also be produced according to the drawings provided by users. The company focuses on the production and sales of emerging industries such as marine engineering equipment products and nuclear grade products, in addition to its main sales in the existing petroleum, petrochemical, and shipbuilding industries. The company has self operated import and export rights and has established a complete sales network both domestically and internationally. In addition to having more than ten offices in Beijing, Shanghai, Nanjing, Chongqing and other places, the company exports a large number of products to countries and regions such as the UK, Singapore, Switzerland, the United States, Japan, South Korea, Austria, Germany, France, Italy, the Middle East, and successfully enters the Brazilian market, becoming the only qualified registered supplier of pipe fittings flanges for Petrobras, It is also the only manufacturer recognized by the world's nine major classification societies for pipe fittings, flanges, and pressure vessels. Zhongnan Heavy Industry adheres to the corporate mission of being an "expert in industrial vascular construction", stands united and innovates independently. It has successively applied for and obtained "equal wall thickness forming technology", "modular production technology for ship units and chemical control general cabinets", "factory piping technology for stainless steel composite pipes", "stainless steel composite pipes and fittings forming technology", "nickel based alloy composite pipes and fittings forming technology" More than 50 patented technologies such as "High Pressure Manifold Hot Jacking Technology" have been successfully converted into high-tech products recognized by the Jiangsu Provincial Department of Science and Technology, such as "Composite Materials Pipeline and Pipe Fittings", "Duplex Stainless Steel Pipe Fittings and Flanges", "High Temperature and High Pressure Manifold", "High Pressure Union Flange", "LPG Rehydraulic System", "LNG Reliquefaction System", "Large Diameter High Grade Natural Gas Pipeline Bends", etc, The company has also been approved to establish the only "High Pressure Pipe Fitting Engineering Technology Research Center" in the pipe fitting industry in Jiangsu Province, laying a solid foundation for the enterprise to continuously adapt to the market and innovate independently. Under the guidance of the government of the High tech Zone, Zhongnan Heavy Industry launched its main business transformation in 2014, building a cultural and media sector. It invested 1 billion yuan to fully acquire Datang Guanghuang Media Co., Ltd. and passed the approval of the China Securities Regulatory Commission at the end of the year, completing the merger and reorganization. Join hands with Zhongzhi Capital to jointly establish a 3 billion yuan Zhongnan Culture and Media Industry M&A Fund. As of now, we have completed our shareholding in two high-quality media and entertainment companies, Beijing Qianyi Times and Shanghai Aiqirui. Connect with Hunan TV, improve the cultural and entertainment platform, establish a Mango Media Cultural Investment Fund with a scale of 500 million, and collaborate to explore potential variety shows or film and television content projects. On February 6, 2015, Liu Chun, former Chinese director of Phoenix TV and editor in chief of Sohu, was appointed as the company's Chief Cultural Officer, responsible for the strategic execution of the cultural media sector. The successful restructuring of the cultural sector and the gradual enrichment of the company's cultural and entertainment industry chain mark the smooth formation of the strategic layout of the dual main industries of Zhongnan Heavy Industry, namely high-end manufacturing and cultural and entertainment development.Zhongnan Heavy Industry has successively won honors such as Jiangsu Quality Integrity Enterprise, Jiangsu Province Certified Enterprise Technology Center, Jiangsu Province Private Science and Technology Enterprise, Private Science and Technology Advanced Enterprise, Demonstration Unit of Enterprise Culture "Hundred and Ten Million Project", and Annual Top 100 Chemical Equipment Enterprises in China by the Small and Medium sized Enterprise Working Committee of the China Petroleum and Chemical Enterprise Federation. Zhongnan Heavy Industry is located in Jiangyin City, Jiangsu Province, in the core area of the Yangtze River Delta. It is connected to the Yangtze River Bridge to the north and Wuxi Shanghai to the south, occupying the hub of Jianghai exports. It has convenient transportation and developed logistics. At present, the company focuses on the development of emerging cultural industries, marine engineering, and nuclear power products. We warmly welcome domestic and foreign users to visit our company for inspection, guidance, and business negotiations. All employees of the company will wholeheartedly provide you with the highest quality service. |
| Headquarter | Wuxi |
| Establish Date | 5/28/2003 |
| Listed Code | 002445.SZ |
| Listed Date | 7/13/2010 |
| Chairman | Xue Jian. |
| CEO | Xu Weiguo. |
| Website | www.znhi.com.cn |
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