The roots of Suzhou Mingzhi Technology Co. Ltd date back to 2003. Today we have over 800 dedicated employees spread over two divisions: Mingzhi Technology Equipment and Mingzhi Technology Castings.
Mingzhi Technology's Equipment Division is a world-class producer of high-end core shop equipment. From our facilities in China and Europe, we design, develop and produce core shop solutions that include a wide range of core shooters for various processes, sand preparation equipment, gassing units, core handling equipment, core package solutions using sand-precision casting technology, core-boxes and tooling. We engineer comprehensive proposals to meet unique core production requirements for customers worldwide.
The Mingzhi Technology Casting Division is a major supplier of high-end and complex aluminum castings designed and produced out of our quality management and safety certified foundries. In close partnership with our key OEM customers, we deliver castings such as Heat Exchangers for Condensing Boilers, Locomotive and Valve components and Commercial vehicle parts. We offer turnkey casting solutions from design to delivery, as well as core and casting prototype production for customers.
Mingzhi Technology emphasizes technology innovation as a key strategy by applying our know-how in ongoing, growing foundry production demands and foundry equipment development. At Mingzhi, we are forward looking, always keeping our pulse on the trends in the foundry industry to improve our own products and services. For this reason, we continue to develop new casting technologies that are environmentally sound and create constant development to positively impact the future of the foundry industry.
|Full name||Suzhou Mingzhi Technology Co., Ltd.|
|Domicile||No. 1999 West Tongxiao Road Suzhou|
|STAR Theme||High-end Equipment|
|Has weighted voting rights structure?||No|
|Earnings Per Share||1.28||0.87||0.33|
|R&D expenditure as a % of operating revenue||4.34%||4.24%||5.81%|
|Total Owners' Equity||454.07||335.35||275.48|
|Net Cash Flows-Operating||144.31||65.73||70.79|
|Net Cash Flows-Investing||-61.69||-74.68||-35.97|
|Net Cash Flows-Financing||-48.41||56.92||-31.06|
|Name||No. of Shares Held (mn)||% of Shares Held|
|Suzhou Zhixin Enterprise Management Partnership (Limited Partnership)||2.62||2.84%|
|Suzhou Zhiyuan Enterprise Management Partnership (Limited Partnership)||2.61||2.82%|
|Wujiang Dongyun Venture Capital Co. Ltd||1.85||2.00%|
|Suzhou Wujiang Chuangxun Venture Capital Co. Ltd||0.46||0.50%|
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