Brief Introduction

Suzhou Harmontronics Automation TechnologyCo., Ltd. is a high-tech enterprise focusing on intelligent manufacturing and industrial Internet related products and solutions.Core businesses include intelligent manufacturing production line system integration, standard intelligent equipment, industrial cloud software systems and services.

In 2007, HarmontronicsElectromechanical Co., LTD., the company's earliest subsidiary, was established and successfully developed the first generation of automobile connector high-speed needle inserting machine.

In 2009, the company passed the ISO9001 certification, and the first generation of auto ABS/ESP coil automatic production line was also successfully developed.

In 2010, we exported the first automobile electronic intelligent assembly equipment to France, which successfully opened the foreign market.Subsequently, we successfully developed the north American market and southeast Asian market.

In 2013, the first generation of small parts flexible automation production platform was successfully developed. In the same year, the company successfully launched ERP/PLM/HR/OA and other information management systems,

In 2015, the company successfully entered the medical and health industry. Since then, the medical industry has become one of the core markets of our company.In the same year, its subsidiary Dongguan Harmontronics Automation Technology Co., LTD was established.

In 2016, the German subsidiary was established. Recognizing that industrial Internet is the key infrastructure for the development of intelligent manufacturing, the company began to make strategic layout in the industrial Internet industry.

In 2017, the company began to promote its industrial software to the market. In the same year, it established a Philippine office and successfully entered the lithium battery industry of new energy.

In 2018, a new plant opened in Suzhou and construction began in Ganzhou, Jiangxi.At the same time, the second generation of standard flexible production platform and industrial cloud software product release, industrial Internet has officially become one of the company's core business.

In 2019, the company went public with the initial public offering of shares and listed on the technology innovation board, becoming one of the first batch of technology innovation board listed enterprises.

Relying on high-quality products and efficient services, the company has gradually won more market shares in intelligent manufacturing fields of automobile electronics, medical and health care, new energy batteries and other industries.We have won the recognition of world famous companies including continental, Valeo, Magna, Tyco, Sensata, 3M, Bosch, TDK, Medtronic, Baxter and so on, and established good cooperative relations. Meanwhile, the existing core teams of the company have more than ten years of working experience in the field of intelligent manufacturing.

The company has obtained the high and new technology enterprise certification, has the intelligent manufacturing hardware and software core technology.At present, we have accumulated 82 patents (including 18 invention patents, 60 utility model patents and 4 design patents), 3 software Copyrights and 13 trademarks.In addition, the research department of the project has been recognized as a provincial technical research center and Suzhou technical research center by Jiangsu Department of Science and Technology.

 

Company Overview

Full name Suzhou Harmontronics Automation Technology Co., Ltd
Abbreviations HCZN
Code 688022
Founded 16th November 2012
Listing 22th July 2019
Domicile Suzhou, Jiangsu
Website https://www.harmontronics.com/
Email George.Tang@harmontronics.com
STAR Theme High-end equipment
CSRCSector Manufacturing of Special Equipment
Has weighted voting rights structure? No

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.87 0.41 -
R&D expenditure as a % of operating revenue 4.5% 5.19% 7.61%
Operating Revenue 436 244 150
Net Income 71 33 2

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 436 244 150
Operating Costs 281 153 93
Operating Income 82 39 5
Pretax Income 83 38 5
Income Tax 12 6 2
Net Income 71 33 2

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 374 240 121
Non-current Assets-Total 113 70 42
Total Assets 487 310 163
Liabilities
Current Liabilities-Total 284 184 115
Non-current Liabilities-Total 16 11 11
Total Liabilities 300 195 126
Stockholder's Equity
Share Capital 94 96 77
Retained Profits 89 18 -39
Minority Interests 4 1 -1
Total Owners' Equity 187 115 37

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 60 22 -15
Net Cash Flows-Investing -59 -47 -15
Net Cash Flows-Financing 30 50 47

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
苏州瀚川投资管理有限公司 36.49 33.79%
苏州瀚川德和投资管理合伙企业(有限合伙) 8.85 8.20%
天津华成智讯创业投资合伙企业(有限合伙) 6.40 5.93%
江苏高投创新中小发展创业投资合伙企业(有限合伙) 5.39 4.99%
苏州瀚智远合投资管理合伙企业(有限合伙) 3.13 2.90%
苏州敦行价值投资合伙企业(有限合伙) 2.17 2.01%
朱勇 1.96 1.81%
张洪铭 1.47 1.36%
宁波梅山保税港区国制苏瀚投资管理合伙企业(有限合伙) 1.45 1.34%
国仪投资(深圳)合伙企业(有限合伙) 1.45 1.34%
 

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