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 Riyue Heavy Industry Co., Ltd. is a private listed company specializing in casting research and development, production, sales, and service (stock code: 603218), and is also a high-tech heavy industry enterprise. Founded in 1984, after multiple restructuring and restructuring, a scientific mechanism and system have been established, mainly focusing on casting large and super large equipment castings. At present, the company is in a period of rapid development and has become one of the largest casting production enterprises in China with advanced equipment, strong technical strength, multiple varieties, and batch production. It is known for producing "thick and large section ductile iron castings" and is at the forefront of the casting industry. The company is located in Beicun Village, Dongwu Town, Yinzhou District, Ningbo City, Zhejiang Province, covering an area of 170000 square meters. The company has over 140 sets of large and medium-sized production equipment, including advanced resin sand casting production lines, cupola, induction furnace melting equipment, as well as large-scale shot blasting machines, heat treatment furnaces, and other post-processing equipment for castings; We have over 70 sets of testing instruments and equipment, as well as advanced testing instruments and equipment such as direct reading spectrometers, infrared carbon sulfur analyzers, mechanical performance testing machines, large horizontal microscopes, and ultrasonic flaw detectors imported from Germany. The company has jointly established a provincial-level enterprise engineering technology center with universities such as Tsinghua University and Hunan University. The casting technology center of the company has been recognized as a provincial-level enterprise technology center in Zhejiang Province, and the "injection molding machine thick section ductile iron template casting" developed by the company has been included in the national torch project. The company's main casting products include large wind turbines, large diesel engines, large injection molding machines, large machining centers, large mining machinery, and other series of castings. The annual production capacity is 200000 tons, mainly consisting of ductile iron, gray cast iron, and vermicular cast iron. The grades of ductile iron are QT350-20, QT400-18, QT450-10, QT500-7, QT600-3, QT700-2, and QT800-2, while the grades of gray cast iron are HT200, HT250, and HT300, and the grades of vermicular cast iron are RUT300. The maximum wall thickness for producing ductile iron castings is 1200 millimeters, and the maximum weight of a single casting is 160 tons. The company has strong and responsive R&D and production capabilities. We adhere to a research path closely integrated with military and local research institutes (schools), especially in recent years with successful cooperation with multiple research institutes. Our products cover key castings for the power system of large ships, key castings for large diesel engines, key castings for megawatt scale wind turbines, key castings for large mining machinery, and key castings for large injection molding machines Large machining center series key castings and other fields. Casting products draw on the strengths of many domestic and foreign experts, with performance and structure at the leading level in China, and have formed their own unique characteristics and advantages. We have won the trust of our customers through high-quality products and services, and have a good reputation in the casting industry. The company plans to carry out key research and development projects in the fields of key castings for military aircraft and large aircraft equipment, key castings for tanks and large transportation machinery diesel engines, key castings for the power system of military large ships, and key castings for military large diesel engines. The company has a nationally recognized experimental center, a provincial-level enterprise technology center, and a postdoctoral research workstation. We have passed ISO9001, ISO14001, OHSAS18000 system certifications, and have also passed certifications for marine product production factories in China, the United States, Italy, the United Kingdom, France, Norway, and other countries. The company has 80 patents with fully independent intellectual property rights, including 36 invention patents; Received 12 provincial and municipal scientific and technological progress awards, participated in drafting 19 national and industry standards such as "Grey Iron Castings" and "Ductile Iron Castings". The company adheres to the equal emphasis on economic and social benefits, firmly follows the path of sustainable development, relies on technological progress to actively prevent and control industrial pollution, and promotes clean production. While achieving sustained, rapid, and healthy development in production, the industrial wastewater treatment rate, exhaust gas purification rate, and comprehensive utilization rate of solid waste have all significantly improved, achieving significant results in environmental protection. The company adheres to the policy of "safety first, prevention first, and comprehensive management", implements the responsibility system for safety production at all levels, achieves safety goal management, conscientiously implements the "three simultaneities" and "five simultaneities" systems, continuously improves labor conditions, improves intrinsic safety, and reduces the incidence of accidents year by year and eliminates the occurrence of occupational diseases. Since 2009, the company has achieved no major accidents such as death, serious injury, or occupational disease.With the aim of "creating a standardized first level enterprise for safety production, further improving management systems, standardizing management processes, clarifying management responsibilities, consolidating management foundations, establishing a long-term mechanism, driving the comprehensive improvement of equipment management, production management, quality management, on-site management, and other management levels, and creating a safe, environmentally friendly, and healthy working environment for employees", we have comprehensively organized and carried out the activity of creating a standardized first level enterprise for safety production.
Headquarter Ningbo
Establish Date 12/13/2007
Listed Code 603218.SH
Listed Date 12/28/2016
Chairman Fu Mingkang.
CEO Fu Mingkang.
Website www.riyuehi.com

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