Brief Introduction

Zhejiang Hangke Technology Incorporated Company is committed to building a leading brand in global charging and discharging industry, and has become a world class lithium cell processing system integrator which combines sales, R&D, manufacturing and service.

Hangke Tech is located in Hangzhou, China. Hangke currently has more than 1400 employees and three factories covering a total of 250000 m2 which consists of intelligent manufacturing workshops, stereoscopic warehouse, 100 precision CNC processing centers, large-scale milling machines, 15 flexible general assembly lines and 5 SMT lines. The company is capable of manufacturing 100GWH fully automatic production lines per year. Hangke leads the development of global lithium post processing industry in terms of production efficiency, capability, equipment and quality.

By cooperating closely with domestic and foreign counterparts, Hangke maintains advanced level of technology in the industry. Hangke pays special attention to talent introduction and training and has set up 4 research institutes, 20 project teams and more than 200 professional after-sales service personnel to serve battery manufacturing enterprises with strong R & D, production, installation and after-sales capabilities. Hangke has formed up a specialized R&D and production team with expertise and broad knowledge regarding high temperature pressing and formation machine, grading machines, OCV/IR testing machines, sorting machines, IVE, NG Discharge, intelligent stereoscopic warehouse, MES, software, stacking machines, AGV and logistics. Hangke has set up 34 offices worldwide to provide customers 24/7 professional after-sales service.

Company Overview

Full name Zhejiang HangKe Technology Incorporated Company
Abbreviations HangKe Technology
Code 688006
Founded 21st,Nov.,2011
Listing 22nd,Jul.,2019
Domicile Hangzhou, Zhejiang, China
STAR Theme High-end Equipment
CSRCSector Manufacturing
Has weighted voting rights structure? No



  2018 2017 2016
Earnings Per Share 0.8 0.5 1.78
R&D expenditure as a % of operating revenue 5.18% 6.36% 6.38%
Operating Revenue 1,109,31 770,98 410,22
Net Income 286,24 180,59 91,92

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 1,109.31 770.98 410.22
Operating Costs 591.72 386.17 224.95
Operating Income 330.02 209.51 82.64
Pretax Income 330.83 209.43 106.43
Income Tax 44.59 28.84 14.51
Net Income 286.24 180.59 91.92

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Current Assets-Total 1,898.85 1,496.91 1,125.24
Non-current Assets-Total 409.04 339.56 127.55
Total Assets 2,307.89 1,836.47 1,252.78
Current Liabilities-Total 1,391.13 1,173.84 764.00
Non-current Liabilities-Total 5.22 2.31 2.58
Total Liabilities 1,396.36 1,176.14 766.58
Stockholder's Equity
Share Capital 467.94 467.94 459.41
Retained Profits 443.60 192.38 26.80
Total Owners' Equity 911.54 660.33 486.21

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 252.83 277.61 131.45
Net Cash Flows-Investing -55.86 -260.39 -327.15
Net Cash Flows-Financing -46.04 -45.70 334.33

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Cao Ji 187.616596 46.79%
杭州杭可投资有限公司 96.411406 24.04%
Shenzhen Liding Fund Management Co., Ltd. 18.00 4.49%
Chen Hongxia 10.177922 2.54%
Gao Yanfeng 9.541749 2.38%
合肥信联股权投资合伙企业(有限合伙) 8.110485 2.02%
Sang Hongyu 4.242102 1.06%
Cao Zheng 4.242102 1.06%
Zhao Qunwu 4.242102 1.06%
Yu Pingguang 4.242102 1.06%

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