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00641 CHTC FONG'S INT

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  • 0.265
  • 0.0000.00%
Market Closed Apr 23 16:09 CST
291.56MMarket Cap-1221P/E (TTM)

About CHTC FONG'S INT Company

China Hengtian Lixin International Co., Ltd. was founded by Mr. Fang Shoulin in 1963. Its main business is to design, manufacture, sell and provide advanced textile dyeing and finishing equipment for the textile industry. It also began operating under the name “Lixin Dyeing and Finishing Machinery Co., Ltd.” in 1969, becoming one of the first Hong Kong merchants to expand the huge textile dyeing and finishing market in China. This is also an important turning point for China's Hengtian Lixin International Group to make great strides in the future. As of 1990, “Lixin Industrial Co., Ltd.” was successfully officially listed on the Hong Kong Stock Exchange Limited. At the same time, other core enterprises under the Group operate stainless steel trading and stainless steel casting production business, and shoulder the mission of providing high-quality stainless steel materials and castings for the Group. The Group currently employs about 5,000 people, has more than 5,700 customers worldwide, and introduces more than 2,000 high-quality and advanced dyeing and finishing equipment to the market every year. Up to now, about 28,000 sets of high-quality dyeing and finishing equipment have been provided to global customers, covering many high-end customers in the dyeing and finishing industry, which has promoted the continuous development and upgrading of the textile dyeing and finishing industry in China and the wider global economic region. It can be said that the history of development and growth of China's Hengtian Lixin International is a microcosm of the half-century growth history of China's textile, dyeing and finishing industry. China Hengtian Lixin International Co., Ltd. merged into China Hengtian Group Co., Ltd. in June 2011 and became the core enterprise in China's Hengtian Printing, Dyeing and Finishing Machinery business segment, rapidly improving the comprehensive capabilities of Hengtian Group's printing, dyeing and finishing equipment. As the world's second-largest textile machinery supplier, China Hengtian will fully support the future development of China's Hengtian International. In addition to helping China Hengtian Lixin International achieve greater economies of scale, it will further strengthen its competitive advantage in the dyeing and finishing machinery industry. The dyeing and finishing equipment sector brands under China Hengtian Lixin International Co., Ltd. include Lixin, Lixinmen Fuji, Salira, Tenn, Gaole, Lixin Water, and German Gate Fuji, bringing together all brands to provide customers with “one-stop” equipment solutions and services from pre-treatment, dyeing and post-finishing. Risshin Dyeing & Finishing “Lixin Dyeing and Finishing Machinery Co., Ltd.” is a flagship enterprise under China's Hengtian Lixin International Group, specializing in the design and production of various new textile dyeing and finishing equipment. “Lixin Dyeing and Finishing” is a market leader in dyeing and finishing equipment. Its success lies in continuous innovation and leadership in product design and technology, and also provides customers with everything from pre-sales consulting to after-sales service. “Lixin's logo, the reputation of dyeing and finishing” has become a recognized word of mouth and a well-known corporate brand in the industry. Lixin Steel In line with the diversified development strategy of the Group's business, “Lixin Steel Supply Co., Ltd.” has shouldered the mission of providing high-quality stainless steel to the Group since its establishment in 1988. At the same time, Lixin Steel has established a strong sales network after years of hard work. In order to provide better services, we are making greater efforts to continuously improve and improve the level of quality management. Thai Steel Alloys “Taigang Alloy Co., Ltd.” and “Taigang Alloy (Shenzhen) Co., Ltd.” were established in 1995 and specialize in the production of stainless steel metal castings and precision machined parts. The foundry of “Taigang Alloy” in Shenzhen uses precision casting and sand casting processes, which not only provides cost-effective solutions for the Group, but has also established a good international reputation. Since its inception, the company has successfully cast more than 10,000 castings from a few hundred grams to 600 kg each. Thai Steel Alloys is proud to be a market leader in providing customers with high-quality products. Risshinmon Fuji In 1999, China Hengtian Lixin International Group and the famous German textile machinery manufacturer “A. MONFORTS TEXTILMASCHINEN GMBH & CO. “KG” (“German Gate Fuji”) established “Risshinmon Fuji Textile Machinery Co., Ltd.” as a joint venture, and through its subsidiary “Risshinmon Fuji Textile Machinery (Shenzhen) Co., Ltd.”, the assembly, production and sales business of stretch and shape machines, continuous dyeing machines, pre-shrinking machines, dyeing shaft winders, and dryers in the Chinese market. Since the third quarter of 2008, Risshinmon Fuji's market has expanded from China to Southeast Asian countries, Mongolia, South Korea, etc., thereby providing customers in more regions with high-quality products and perfect customer service that meet market needs. Shahrira In 2002, China Hengtian Lixin International Group established “XORELLA Hong Kong Co., Ltd.” to acquire “Swiss XORELLA AG” (XORELLA AG), which specializes in the design and production of humidification and steam equipment needed for yarn/fabric. This acquisition is an important step for the Group to provide a one-stop service for the textile industry. Turne In 2004, China's Hengtian Lixin International Group acquired the patented technology and assets of the well-known German dyeing equipment manufacturer “THEN MASCHINEN- UND APPARATEBAU GMBH” and established “THEN MASCHINEN GMBH” (THEN MASCHINEN GMBH) to continue the development, production and sale of airflow dyeing machines. The “Turne Airflow Dyeing” technology patent is a dyeing operating system invented based on aerodynamic principles and has economic and ecological benefits, and continues to provide various advanced and environmentally friendly airflow dyeing equipment for the textile industry. “THEN MASCHINEN GMBH” (THEN MASCHINEN GMBH) changed its name to “FONG'S EUROPE GMBH” in June 2010. Gaulle In 2006, China's Hengtian Lixin International Group also successfully acquired all fixed assets, inventory and all intellectual property rights of “GTM Goller Textilmaschinen GmbH”, another well-known textile equipment manufacturer with over 100 years of history, and injected them into the newly established “Goller Textilmaschinen GmbH”. Following the acquisition and restructuring, Cloré continued to develop and produce continuous washing, bleaching, cooking and dyeing equipment for woven and knitted fabrics. “FONG'S EUROPE GMBH” merged into all assets of “Goller Textilmaschinen GmbH” (Goller Textilmaschinen GmbH) in July 2010. It is also at Schwabisch Hall as the Group's sole operating company and headquarters in Germany. Lixin Water In 2007, the Group established “Lixin Water Technology Co., Ltd.” to provide customers with safe, reliable, cost-effective and environmentally friendly reclaimed water reuse system equipment and technical services, marking that the Group is facing the opportunities and challenges of a new era, while also further expanding the Group's product portfolio, so that the Group can provide customers in the dyeing and finishing industry with a full range of economic and environmental protection solutions. German Gate Fuji In 2012, China's Hengtian Lixin International Group acquired Germany's Gate Fuji Group (including Risshinmen Fuji, a joint venture established by the two parties in 1998). German Gate Fuji “A. Monforts Textilmaschinen GmbH & Co. As the world's leading textile machinery manufacturer, “KG” mainly produces and sells continuous dyeing machines, finishing and coating machines for knitting and weaving. Currently, it has 148 employees in Monchengladbach, Germany, and nearly 100 employees in Austria. As a leader in post-finishing equipment innovation, this will greatly enhance the global competitiveness of China's Hengtian Lixin International. As a leader in textile machinery business and a world model of excellence, the company will focus on the industrial textile business in the future. Service network After half a century of development, the Group's products have spread all over the world, and technology promotion, product sales and after-sales service are carried out through overseas branches and agency systems. In addition to the European headquarters in Germany, it also has overseas offices directly under its control, including Macau, China, Thailand, Chile Latin America Representative Office, India Technical Service Center, and Indonesia Service Center. Other countries, on the other hand, cooperate with local companies very familiar with the textile industry in the form of agents. Currently, there are more than 50 agency companies, covering Asia, Europe, America, the Middle East and Africa.

Company Profile

Symbol00641
Company NameCHTC FONG'S INT
ISINBMG2168E1140
Listing DateOct 12, 1990
Issue Price1.00
Shares Offered52.00M share(s)
Registered AddressBermuda
Chairmanyouping guan
Secretaryzhiqiang li
Audit InstitutionDaxin Leung Hok Lian (Hong Kong) Certified Public Accountants Limited
Company CategoryOverseas registration of Mainland State-owned Assets control
Registered OfficeVictoria Place, 5th Floor 31 Victoria Street Hamilton HM 10 Bermuda
Head Office and Principal Place of BusinessRoom 2201 & 2203, Oriental International Building, 1018 Tai Nan West Street, Kowloon, Hong Kong
Fiscal Year Ends12-31
Employees2200
MarketHong Kong motherboard
Phone(852)2497-3300
Fax(852)2432-2552
Emailenquiry@fongs.com
Business China Hengtian Lixin International Co., Ltd. (former name: Hengtian Lixin Industrial Co., Ltd.) is an investment holding company mainly engaged in the manufacture and sale of dyeing and finishing machinery. The company operates through three divisions. The Dyeing and Finishing Machinery Manufacturing and Sales Division is engaged in the manufacture and sale of dyeing and finishing machinery. The products in this segment are mainly used in industrial equipment in the valve, pump, chemical, oil, gas and food industries. The Manufacturing and Sales Division of Stainless Steel Foundry Products engages in the manufacture and sale of stainless steel casting products. The Stainless Steel Trading Division is engaged in the trading business of stainless steel materials.

Company Executives

  • Name
  • Position
  • Salary
  • shoulin fang
  • Honorary Chairman
  • --
  • youping guan
  • Chairman of the Board,Executive Director,Chairman of the Nomination Committee,Remuneration Committee Members
  • --
  • peng chen
  • general manager,Executive Director,Nomination Committee Members,Remuneration Committee Members,Authorized Representative
  • --
  • guoliang fang
  • Non-executive directors
  • --
  • ying chen
  • Independent Non-Executive Director,Remuneration Committee Chairman,Nomination Committee Members,Audit Committee Members
  • --
  • yongzhi tang
  • Independent Non-Executive Director,Chairman of the Audit Committee,Nomination Committee Members,Remuneration Committee Members
  • --
  • gaoming jiang
  • Independent Non-Executive Director,Nomination Committee Members,Remuneration Committee Members,Audit Committee Members
  • --
  • daming xu
  • Chief Scientific Officer
  • --
  • haohui lei
  • VP
  • --
  • zihao wang
  • Deputy General Manager
  • --
  • qianyi du
  • Deputy General Manager
  • --
  • zemin wang
  • Deputy General Manager
  • --
  • jie liu
  • Chief Financial Officer
  • --
  • Gunnar Meyer
  • A of a wholly-owned subsidiary MonfortsTextilMasChinen GmbH & Co. Managing Director of KG
  • --
  • zhiqiang li
  • Company Secretary,Authorized Representative
  • --

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