Tongyu Heavy Industry Co., Ltd.
通裕重工
300185
Shenzhen Stock Exchange
Company Profile
1. Comprehensive research and development manufacturing platform advantages The company has now formed a set of "special steel smelting / electric slag remelting - forging / casting / welding - heat treatment - machining - large-scale complete sets of equipment design and manufacture - coating - logistics" in one of the complete manufacturing chain.Through the organic combination, rapid response and synergy of the various processes in the manufacturing chain, product quality can be controlled from the source.The company relies on three core processes - forging / casting / welding,forming a comprehensive research and development manufacturing platform in the field of machinery manufacturing,According to market demand to continue to expand the product range and application areas,it also avoids the market risks associated with a single product. 2. Independent research and development innovation advantages The company is a national high-tech enterprise,has a national enterprise technology center, Shandong Province Engineering Technology Research Center, Shandong Province Engineering Laboratory, Shandong Province Industrial Design Center, Shandong Province large-scale wind power main shaft engineering laboratory, Shandong Province large-scale precision pipe mould preparation demonstration engineering technology research center.The company has long been engaged in large-scale forgings and structural parts research and development, manufacturing and sales,and carry out a lot of independent innovation work in the process of production and operation with more than 150 patented technology. 3. Complete quality assurance system The company's testing center has passed the national laboratory certification,obtained the CNAS accreditation mark, strict control of product quality.The company has more than 80 sets of advanced testing equipments, such as ultrasonic detector, direct reading spectrometer, electronic universal test machine, impact test machine, ZEISS universal microscope, three coordinate measuring instrument and others,can carry out the test of chemical composition, non-destructive testing, mechanical property, metallographic test, 3D dimension detection and other analysis.The company has always adhered to the "quality to occupy the market, reputation to win customers" as the principle,and it has fully recognized by customers in the aspect of product quality, delivery time, after-sales service, etc.With excellent product quality and efficient and perfect after-sales service,the company maintain long-term and stable cooperative relations with nearly a thousand enterprises at home and abroad,our products are sold to more than 20 provinces and autonomous regions in China, and more than 40 countries and regions abroad. 4.State-owned listed credit to enhance the advantages In 2020, the company set foot a new starting point of rapid development of the large state-owned enterprises Zhuhai Port Group Holdings in the Zhuhai Special Economic Zone, and become the new benchmark of "national mixed reform" of the state-owned capital of Dawan District+Shandong Province private real estate industry.With the strong support of state-owned shareholders, the capital structure of the company has improved significantly and the level of corporate governance has continued to improve.In addition, the state-controlled company has also won more favorable credit support and development prospects for the company in the national new energy strategy in the future.
Full description
The company is a state-controlled listed company and a national high-tech enterprise. It is a comprehensive R&D and manufacturing platform integrating smelting, forging, casting, welding, heat treatment, machining, and coating. It has established a strategic development orientation of "building a world-class supplier of high-end equipment and new energy" and a "1122" strategic layout of "one aviation (aerospace), one high-end (high-end equipment), two seas (overseas and offshore engineering), and two new (new energy and new materials)". It can provide core components of large-scale high-end equipment for industries such as energy and power (including wind power, hydropower, thermal power, and nuclear power), petrochemicals, ships, offshore engineering equipment, metallurgy, aerospace, mining, and cement. (1) Wind power products remain the company's main product type. Relying on its comprehensive R&D and manufacturing platform advantages, the company can simultaneously provide forgings, castings, and structural components for onshore and offshore wind turbine generators of doubly-fed, direct-drive, and semi-direct-drive types in large quantities. The main product forms include wind power forged main shafts, cast main shafts, hubs, frames, bearing seats, rotor casings, stator frames, etc. In December 2024, the company's first 14MW large-scale offshore wind turbine rotor housing product was successfully launched at the Qingdao base, adding a new piece to the company's wind power product portfolio and further promoting the development of its overseas market and offshore wind power business. (2) The cast steel business has achieved high-quality development. In 2024, the company established a cast steel division, integrating existing workshops, equipment, and personnel to build a cast steel production line. It recruited talents and formed a technical team with rich experience in the research and development of large-scale high-end cast steel parts, achieving production and benefits in the same year. It provides customers with integrated services including casting, precision machining, and assembly of large-scale cast steel parts for high-end equipment. The market covers large-scale high-end equipment fields such as energy equipment (hydropower, nuclear power, thermal power, gas power, energy storage, etc.), offshore oil and gas, mining machinery, and metallurgical machinery. The product materials include stainless steel, heat-resistant steel, high-strength steel, low-temperature steel, etc., with the maximum production capacity of a single cast steel part reaching 150 tons. Currently, the company has provided products to the three major power enterprises in China and successfully "exported" cast steel products. It has obtained orders for the high-pressure outer cylinder of the conventional island steam turbine in the Bailong and Haiyang nuclear power projects and has become a supplier of cast steel parts for nuclear power steam turbine outer cylinders, marking a further enhancement of the company's large-scale high-end cast steel manufacturing capabilities and its global first-class competitiveness. (3) The nuclear equipment business enhances the company's capability in the R&D and manufacturing of complete sets of equipment. Relying on its comprehensive R&D strength and industrial chain advantages, the company has entered the nuclear equipment manufacturing field. Since the "integration of national and civilian sectors", it has continuously provided nuclear-related complete sets of equipment that can be used in various working conditions for China Nuclear Engineering Corporation, China Nuclear Power Research and Design Institute, and China Nuclear Industry Fourth OAP, etc., becoming a qualified supplier of China National Nuclear Corporation and receiving honors such as a 4A-level supplier of China Nuclear Engineering Corporation and a top ten supplier of the Second Project Department of China Nuclear Engineering. The company's nuclear equipment division is mainly responsible for the R&D and manufacturing of nuclear-related high-end equipment products, covering marketing, design, technology, quality, and after-sales services. It has completed products such as the high-level radioactive waste hot cell transfer device (hot cell crane), the low and intermediate-level radioactive waste hot cell external transfer system, and the hoisting and installation tools for nuclear power plant main equipment and auxiliary equipment in cooperation with China Nuclear Engineering Corporation, and the high-efficiency solidification production line for boron-containing waste liquid in cooperation with China Nuclear Power Research and Design Institute. (4) The structure of other forging businesses has been upgraded. The company's other forging products are diverse, covering various types of forgings such as shafts, cylinders, and gear rings. The main product forms include marine shafting forgings and hydropower unit forgings, which are widely used in the shipbuilding, power, metallurgy, mining, chemical, and heavy machinery industries. In terms of marine forgings, the main product forms include large-scale marine shafting and rudder system forgings, such as intermediate shafts, propeller shafts, rudder stocks, rudder pins, crankshafts, etc. The company has successively obtained factory approval certificates from nine classification societies including China CCS, France BV, Lloyd's Register (LR), Norway DNV, American Bureau of Shipping (ABS), Japan NK, Korea KR, Italy RINA and Russia RS. It has extended its marine forging business to the vast overseas market. Besides providing conventional products such as rudder stocks and rudder pins, it is also committed to meeting the diversified and personalized demands of customers and customizing special-shaped forgings and other cutting-edge products. Over the years, the company has closely followed the high-end, intelligent and green development trends of the shipbuilding industry, continuously optimizing the manufacturing capabilities and product structure of marine products. The orders for marine forgings have maintained a stable growth, and the marine transmission shaft products have successfully made it to the list of the eighth batch of single-champion enterprises in manufacturing released by the Shandong Provincial Department of Industry and Information Technology. In the field of hydroelectric forgings, the company can produce key core components of hydroelectric units such as turbine shafts, generator shafts and yoke rings. By leveraging the advantages of the industrial platform, it has seized the historical opportunity of the country's vigorous development of hydropower resources and continuously developed new hydroelectric unit supporting products.