Qingdao Zhongzi Zhongcheng Group 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 | Qingdao Zhongcheng Group Co., Ltd., formerly known as Hengshun Electric Appliances Co., Ltd., was a state-owned enterprise jointly established in 1998 by China Electric Power Technology Import and Export Corporation, Shandong Electric Power Bureau Material Department, Qingdao Electric Power Bureau, and Qingdao Transformer Group Co., Ltd. In 2010, Hengshun Electric Appliances completed the shareholding reform and was listed on the Shenzhen Stock Exchange Growth Enterprise Board in 2011. Currently, the largest shareholder is Qingdao Urban Investment Financial Holdings Co., Ltd., a subsidiary of Qingdao Urban Construction Investment (Group) Co., Ltd., a large state-owned enterprise under the Municipal State owned Assets Supervision and Administration Commission. Since its establishment, the enterprise has adhered to the business philosophy of "strengthening the enterprise through technology and innovative development", committed to the research and development, manufacturing, and technological innovation of power quality improvement and harmonic pollution control equipment. It has achieved multiple significant achievements in the fields of power quality optimization and grid energy conservation and environmental protection, reaching international advanced levels. In 2012, the company seized the support of domestic and foreign industrial policies, as well as the opportunity to acquire high-quality assets overseas. With electricity as the core, it tracked the development of the entire upstream and downstream industrial chain, actively participated in the construction and operation of Indonesian power plants, as well as the development and utilization of mineral resources. Subsequently, it developed its own industrial park, drove the export of domestic equipment and technical services, and began the internationalization process. In early 2015, according to development needs, Qingdao Hengshun Zhongsheng Group Co., Ltd. was established. In recent years, the Group has focused on exploring the mixed transformation and integration development model of state-owned and private enterprises, implemented the national "the Belt and Road" initiative with an innovative attitude, seized the historical opportunity, boldly "went global", and actively expanded overseas markets with electricity as the core. In just a few years, it has completed the transformation from a power equipment supplier to a resource integrator of the "the Belt and Road", and has gradually formed a diversified development pattern centered on Qingdao, China, radiating to Singapore, Indonesia, the Philippines, Zimbabwe, South Africa and other Asian and African countries, becoming a leading enterprise in promoting the construction of the "the Belt and Road" in Qingdao. At the beginning of 2019, in order to clearly reflect the system change and value orientation of the Group from a private enterprise to a state-owned holding enterprise, and also to highlight the new era and new situation, the Group closely follows the national "the Belt and Road" initiative, shoulder the historical mission of representing Chinese enterprises to appear in overseas markets, and establish the high-quality image of "Chinese capital" and "China engineering", the enterprise was officially renamed as "Qingdao Zhongcheng Group Co., Ltd.". As of now, the group has more than 30 subsidiary companies with total assets of approximately 5.1 billion yuan. It has developed into a multinational mixed ownership enterprise dedicated to green grid construction, power development, overseas mineral operation, industrial park development, as well as comprehensive businesses such as artificial intelligence, big data, and blockchain technology applications. Zhongcheng Group, a Chinese owned enterprise, has always been closely following the national policy trend, steadfastly engaged in industrial development, dedicated to business management and transformation innovation. At the same time, it actively seeks further breakthroughs in domestic and foreign businesses, fully relying on the platform advantages of Qingdao Urban Investment Group in terms of funds, management, talent, and other aspects. With its experience in creating smart industrial parks and developing intelligent manufacturing and other innovative fields, it continues to contribute to the construction of comprehensive industrial parks and the emerging energy market, Vigorously expanding business sectors and integrating industry and city development. The group also leverages its layout advantages in the fields of big data, blockchain, artificial intelligence, etc., explores new driving forces, and creates a comprehensive and multi-dimensional "Chinese funded medium range commercial ecosystem" to promote stable, fast, and healthy development of the group company, achieving dual drive in domestic and international markets, and stepping into a period of development opportunities. Today's Chinese owned Zhongcheng is leading the overall situation with a global perspective, open thinking, and innovative integration spirit, adhering to the strategy of "diversification, platformization, and internationalization", based on transformation and development, focusing on becoming bigger and stronger, and making strides towards a century old international modern large group. |
| Headquarter | Qingdao |
| Establish Date | 3/10/1998 |
| Listed Code | 300208.SZ |
| Listed Date | 4/26/2011 |
| Chairman | Yang Jiguo. |
| CEO | Yang Jiguo. |
| Website | www.qdzzzc.com |
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