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 Shandong Langjin Technology Co., Ltd. is a high-tech enterprise with internationally advanced frequency conversion energy-saving core technology and refrigeration system control technology. Founded in 2000, it was listed on the Shenzhen Stock Exchange Growth Enterprise Board in June 2019, with securities code: 300594. The main business involves the research and development, production, sales, and maintenance services of variable frequency energy-saving rail transit vehicle air conditioners, new energy vehicle air conditioners, and their control systems. The company has jurisdiction over Qingdao Langjin New Energy Equipment Co., Ltd., Shenyang Langjin Technology Co., Ltd., Chengdu Langjin Transportation Equipment Co., Ltd., Suzhou Langjin Rail Transit Equipment Co., Ltd., Guangzhou Langjin Rail Transit Equipment Co., Ltd., Foshan Langjin Rail Transit Equipment Co., Ltd., Shenzhen Langjin Rail Transit Equipment Co., Ltd., etc. As a technology leader in the field of urban rail transit air conditioning in China, Langjin Technology pioneered the variable frequency technology of rail transit air conditioning, relying on this technology to achieve product energy conservation and emission reduction of over 30%. It is a loyal practitioner of energy conservation and environmental protection in China. As a high-end manufacturing enterprise, the company's main customer groups are China CRRC's six major OEMs, Alstom, Bombardier, CAF, GE from the United States, OLIMPIA from Italy, Sanyo from Taiwan, Beijing Jingdiao, and others. As of now, the frequency conversion air conditioning products produced by the company for rail transit vehicles have been put into use in 33 cities in 20 provinces, cities, and autonomous regions, including Beijing, Shanghai, Chongqing, Guangdong Province, Xinjiang Uygur Autonomous Region, Jiangsu Province, Shandong Province, Liaoning Province, and Jilin Province. As China's railway construction has entered a new stage, China's railway equipment technology has entered the forefront of the world. Langjin Technology's air conditioners for rail transit vehicles have been exported to many countries through overseas bidding and cooperative development, such as New Zealand, Thailand, Türkiye, Malaysia, Romania, Brazil, etc., and have a stable high-quality customer base in the rail transit industry at home and abroad. With over 20 years of accumulated core technologies and operational experience in the rail transit industry, the company has always been customer-centric and committed to providing customers with efficient, energy-saving, and technologically advanced green products. We have obtained multiple professional certifications both domestically and internationally, including ISO22163 international railway industry standard certification, IATF16949 automotive industry quality management system certification, DIN6701 adhesive quality system certification, SIL2 software product safety level certification, and GB/T29490 intellectual property management system certification. We have been selected for the National Key Energy Conservation and Low Carbon Technology Promotion Catalogue by the National Development and Reform Commission for three consecutive years in 2015, 2016, and 2017, Core technical personnel participated in the revision of the Chinese railway industry standard "Railway Vehicle Air Conditioning Units" (TB/T1804-2017) released by the National Railway Administration. We possess internationally leading and fully independent intellectual property rights in core technologies, and have obtained certificates such as the "Shandong Engineering Technology Research Center" issued by the Shandong Provincial Department of Science and Technology, the "One Enterprise, One Technology" R&D Center of Shandong Langjin Technology Co., Ltd. recognized by the Shandong Provincial Bureau of Small and Medium Enterprises, and the "Specialized, Refined, Special, and New" Enterprise in Shandong Province. In recent years, the company has actively engaged in the development of energy conservation and emission reduction related fields, increasing research and development investment. As of 2021, the company has 192 authorized patents. Based on the energy-saving and emission reduction benefits brought by variable frequency heat pump technology externally, we have obtained a silver medal in the EcoVadis corporate social responsibility rating, and built intelligent manufacturing production lines internally to reduce carbon footprint. In 2022, it was awarded the title of "Little Giant" enterprise at the national level, recognized as a "National Intellectual Property Advantage Enterprise", and selected as a single champion demonstration enterprise. The enhancement of energy and environmental awareness always leads enterprises towards digital and intelligent energy development in the future, contributing to the realization of the "dual carbon" goal and shouldering social responsibility. Langjin Technology always adheres to the philosophy of "Deyi Zhonghui" corporate culture; Adhere to the business philosophy of "Langjin Manufacturing=Diligent Manufacturing"; Promote a philosophy of virtue and kindness in life; With a sense of social responsibility of efficiency, conservation, and environmental protection, we are committed to research on energy conservation of rail transit vehicles, focusing on the design and manufacturing of energy-saving vehicle air conditioning. All employees of the company adhere to the aspiration of "promoting social stability and progress", use first-class technology, products, and services, wholeheartedly serve customers, actively give back to investors, and are committed to becoming a pioneer in the field of high-end intelligent transportation equipment and shaping an international first-class brand. Langjin belongs to China, Langjin belongs to the world even more!.
Headquarter Jinan
Establish Date 4/7/2000
Listed Code 300594.SZ
Listed Date 6/21/2019
Chairman Li Jingmao.
CEO Li Jingen.
Website www.longertek.com

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