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 Wuxi Lihu Booster Technology Co., Ltd. was established in 1994 and is located in Wuxi, a developed industrial and commercial water town in Jiangnan. We currently have two major production plants, Huazhuang and Hudai. The company was listed on the Growth Enterprise Market of Shenzhen Stock Exchange on October 15, 2018, with the stock code of 300694, abbreviated as Lihu Shares. The company's main business is the research and development, production, and sales of two key components of turbochargers: compressor casing and turbine casing. As an important accessory of internal combustion engines in the automotive and other fields, turbochargers can improve the fuel efficiency of gasoline engines by nearly 20% and diesel engines by nearly 40%, effectively achieving the goal of "energy conservation and emission reduction", in line with the national planning direction. Since its establishment, the company has always focused on the research and development, production, and sales of turbocharger components. It has mastered core technologies in various production processes such as mold design and development, product casting, machining, testing, and assembly, and has strong product research and development and manufacturing capabilities, which can meet the synchronous development requirements of downstream customers; As of the end of 2019, the company (including its wholly-owned subsidiary Wuxi Lihu Casting Industry Co., Ltd.) has 60 invention patents and 93 utility model patents. The company is a high-tech enterprise, a key high-tech enterprise of the National Torch Plan, and a technology-based small and medium-sized enterprise in Jiangsu Province; The engineering technology center established by the company has been recognized by the Jiangsu Provincial Department of Science and Technology as the "Jiangsu Turbocharger Shell Engineering Technology Center" and "Jiangsu Enterprise Technology Center"; The rotary table gravity casting automotive turbocharger compressor casing project developed by the company has been awarded the certificate of "National Torch Plan Industrialization Demonstration Project". The company's stable product quality, timely product delivery, and proactive service awareness have all been recognized by customers' global factories. It has established long-term and stable strategic partnerships with renowned multinational companies such as Garrett, Borgwana, Mitsubishi Heavy Industries, Ishikawa Shima Broadcasting, and Boma Technology. The engines matched with the product are widely used in automobile brands such as BMW, Audi, Volkswagen, General Motors, Honda, Ford, Great Wall, Geely, General Motors Wuling, SAIC, GAC, etc. The company has become a globally influential producer of compressor casings. Against the backdrop of "energy conservation and emission reduction" and "vigorously developing clean energy", the company has utilized its existing customer resources and technological advantages to expand into the field of new energy vehicle components. It has successfully delivered the core supporting components of the Garrett hydrogen fuel cell to customers and applied them to HONDA's CLARITY new energy vehicle manufacturing project; At the same time, the company also collaborates with domestic manufacturers of hydrogen fuel cell power system assemblies to develop key component projects for hydrogen fuel cell power system assemblies, in order to reserve relevant professional technology and manufacturing experience for future entry into the new energy vehicle industry chain. In the future, the company will have confidence and the ability to achieve healthy and sustainable development.
Headquarter Wuxi
Establish Date 4/11/1994
Listed Code 300694.SZ
Listed Date 10/15/2018
Chairman Zhang Jiabin.
CEO Wang Hongqi.
Website www.chinalihu.com

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