Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) Bundle
With a legacy stretching over 80 years and an annual production capacity surpassing 10 million kilowatts, Harbin Electric Corporation Jiamusi Electric Machine Co., Ltd. (000922.SZ) stands as a powerhouse in electric machinery-manufacturing 269 series and 1,909 varieties of products that span single-machine power from 0.12 to 35,000 kW and serve critical sectors like machinery, coal, petrochemical and aerospace; its mission to 'Bear the Hope of China's Industrial Sector, and Showcase China's Strength in Power Generation' drives a strategic focus on high-efficiency, energy-saving solutions, while the vision to 'Become a Main Driver of the Global Equipment Manufacturing Industry' is reflected in exports to more than 40 countries and regions and contributions to national projects such as the Three Gorges Project and the Antarctic Great Wall Station, all grounded in core values of unity and excellence-'Act with One Mind, and Pursue Excellence with United Efforts.'
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) - Intro
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) is a leading Chinese manufacturer of electric machinery with a heritage exceeding 80 years. The company's portfolio spans explosion-proof motors, lifting and metallurgical motors, shielded motors and a wide array of specialized machines serving machinery, coal, petrochemical, aerospace and other heavy industries. Its manufacturing scale, product diversity and export footprint underpin its strategic position in domestic and international markets.- Annual production capacity: >10,000,000 kW
- Main equipment: >1,150 sets
- Product breadth: 269 series, 1,909 varieties
- Single-machine power coverage: 0.12 kW to 35,000 kW
- Export destinations: >40 countries and regions
- Participation in major national projects: Three Gorges Project, Antarctic Great Wall Station
- Recognition: Designated a 'green factory' by the Ministry of Industry and Information Technology
| Metric | Value | Notes |
|---|---|---|
| Operational history | ~80+ years | Founded within the Harbin Electric corporate group lineage |
| Annual production capacity | >10,000,000 kW | Aggregate across product lines |
| Main equipment units | >1,150 sets | Includes heavy manufacturing and testing rigs |
| Product families | 269 series / 1,909 varieties | Covers motors, generators, custom drives |
| Power range (single machine) | 0.12 - 35,000 kW | From small industrial motors to large turbine/generator drives |
| Export reach | >40 countries | Major markets across Asia, Africa, Europe, Latin America |
| Strategic projects | Three Gorges, Antarctic Great Wall Station | Supply and engineering involvement |
- Deliver high-reliability electric machinery that drives industrial productivity and national infrastructure.
- Advance energy-efficient, high-performance motor technologies to reduce lifecycle energy consumption.
- Support key domestic strategic projects and expand global industrial partnerships.
- Be the global benchmark for heavy electric machinery innovation, sustainability and customized industrial solutions.
- Lead the transition to green, intelligent drive systems across heavy industry sectors.
- Achieve long-term shareholder and stakeholder value through technological leadership and international expansion.
- Quality-first: uncompromising product reliability and manufacturing excellence.
- Innovation-driven: continuous R&D investment in high-efficiency, energy-saving technologies.
- Customer-centricity: tailored solutions and lifecycle support for industrial clients.
- Integrity and compliance: adherence to national standards, export regulations and environmental norms.
- Sustainability: reducing emissions and resource consumption; recognized as a green factory.
- R&D: development of high-efficiency motors, smart drives and explosion-proof solutions for hazardous industries.
- Capacity optimization: scaling production to meet >10 million kW annual output while improving yield and uptime of >1,150 core equipment units.
- Market expansion: deepening presence in existing export markets (40+ countries) and targeting high-growth industrial regions.
- Green transformation: embedding energy-saving designs and achieving further green certifications.
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) - Overview
Mission Statement: 'Bear the Hope of China's Industrial Sector, and Showcase China's Strength in Power Generation.' This mission emphasizes Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ)'s long-standing dedication to advancing China's industrial base through power-generation technology, energy-efficiency improvements, and increased self-reliance in key manufacturing capabilities.
- Primary focus: design, manufacture and servicing of electric machines, generators and power-generation auxiliary equipment for thermal and renewable power plants.
- Strategic orientation: high-efficiency, energy-saving product lines to support national energy transition goals.
- Market posture: support domestic infrastructure while pursuing export and technology-branding opportunities internationally.
Operational and strategic priorities driven by the mission include concentrated R&D on higher-efficiency generators, modular and digital-enabled solutions for plant automation, and process upgrades to reduce lifecycle emissions and improve thermal efficiency.
| Indicator | Most Recent Reported / Publicly Noted Value |
|---|---|
| Stock code | 000922.SZ |
| Business scope | Electric machines, power-generation equipment, equipment servicing & spare parts |
| R&D focus areas | High-efficiency generators; energy-saving retrofits; digital monitoring & control |
| Export / overseas projects | Active participation in overseas EPC and equipment supply (project-dependent) |
| Alignment with national strategy | Supports China's energy security and industrial upgrading initiatives |
| Recent public financials (reference) | Refer to company filings for audited FY figures - see corporate disclosures and investor releases |
Mission continuity has translated into measurable operational emphases:
- Product development: phased rollout of higher-efficiency generator models and retrofit kits to reduce fuel consumption and improve plant-level heat rates.
- Service growth: expansion of lifecycle service contracts and spare-parts logistics to increase recurring revenue and uptime for power plants.
- Quality & compliance: adherence to national and international standards for generator performance and environmental controls.
Vision and strategic intent are tightly coupled with the mission - positioning Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd as a reliable national champion in power-generation equipment that advances China's industrial modernization and competes on technology and cost globally.
- Vision snapshot: be a recognized leader in efficient and reliable power-generation machinery, contributing to China's energy resilience and global engineering reputation.
- Core commercial levers: product efficiency gains, service & aftermarket expansion, targeted export projects, and collaborative R&D with domestic research institutes or tier-1 utilities.
Core values that operationalize the mission and vision:
- National responsibility - aligning product roadmaps with China's industrial and energy priorities.
- Engineering excellence - continuous improvement of thermal and electrical performance.
- Customer commitment - delivering uptime, lifecycle value and responsive aftermarket service.
- Innovation and sustainability - embedding energy-saving advances and digital monitoring into product platforms.
For financial-health context and detailed investor metrics, including revenue, net profit, margins, and recent fiscal-year trends, see: Breaking Down Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Financial Health: Key Insights for Investors
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) - Mission Statement
Mission: Deliver advanced, reliable and energy-efficient electromechanical equipment that powers industrial modernization at home and abroad, while generating sustainable value for stakeholders and driving technological progress in the global equipment manufacturing industry.
Vision Statement
'Become a Main Driver of the Global Equipment Manufacturing Industry.'
- This vision emphasizes Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ)'s ambition to lead, shape standards and accelerate innovation across the global equipment-manufacturing value chain.
- By aspiring to be a 'main driver,' the company targets influence over product standards, supply-chain practices, and technology adoption internationally.
- The stated global reach is reflected in export activity to over 40 countries and regions, which supports market diversification and resilience.
- A long-term strategic focus on international growth informs decisions in R&D, partnerships, and capacity expansion.
Strategic Pillars Supporting the Vision
- Product leadership - focus on medium- and large-scale motors, generators and custom electromechanical systems for power, industrial and marine sectors.
- Global expansion - growing export footprint in Asia, Africa, Latin America, the Middle East and Eastern Europe.
- Innovation and R&D - continual investment to improve efficiency, reliability and customization ability for diverse markets.
- Operational excellence - capacity scaling, quality management and supply-chain integration to meet international standards (e.g., ISO certifications).
Selected Operational and Financial Indicators (Latest Available Annual Snapshot)
| Indicator | Value | Notes / Year |
|---|---|---|
| Exports - countries/regions | Over 40 | Coverage across Asia, Africa, Latin America, Middle East, Eastern Europe |
| Employees (approx.) | ~3,200 | Manufacturing, R&D and sales staff |
| Annual Revenue (approx.) | RMB 1.2 billion | Latest annual reporting period (approx.) |
| Net Profit Margin (approx.) | 4-7% | Range typical for heavy-equipment manufacturing |
| R&D Spending | ~2-3% of revenue | Targeted for efficiency and product adaptation |
| Export Share of Revenue | ~25-35% | Reflects international sales to 40+ markets |
Core Values Driving Execution
- Quality and reliability - design and manufacturing processes focused on durability and compliance with international standards.
- Customer-centricity - tailoring solutions to project specifications and after-sales support across export markets.
- Innovation - continuous improvement in motor efficiency, material use and digital monitoring capabilities.
- Integrity and responsibility - adherence to corporate governance and environmental safety in production and export operations.
Key enablers for the vision include strengthened export channels, targeted R&D investments, and partnerships to enter strategic overseas markets. For investor-focused context and stakeholder activity, see: Exploring Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Investor Profile: Who's Buying and Why?
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) - Vision Statement
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ) envisions becoming a global leader in high-efficiency electrical machinery and power-generation equipment through continuous innovation, quality-driven manufacturing, and sustainable industrial practices. The vision centers on advanced electrification, digitalized manufacturing, and deep partnerships across power, renewable, and industrial sectors to deliver long-term value for stakeholders.
Core Values - 'Act with One Mind, and Pursue Excellence with United Efforts.'
This guiding principle defines the company culture and operational priorities, emphasizing unity, high standards, and collaborative problem-solving.
- Act with One Mind: cultivate organization-wide alignment toward shared strategic goals and cross-functional collaboration.
- Pursue Excellence: maintain strict quality control, continuous improvement, and adherence to international manufacturing standards (ISO/IEC frameworks).
- United Efforts: leverage team synergy to accelerate innovation, reduce lead times, and optimize production workflows.
- Technological Innovation: invest in R&D to improve turbine, generator, and motor efficiency and to support electrification and renewables integration.
- Sustainability & Safety: prioritize environmentally responsible manufacturing and workplace safety as a foundation for long-term operations.
How the Core Value Translates into Operations and Metrics
These values are embedded into KPIs, investment decisions, and workforce practices. Representative metrics linked to the values include:
- R&D intensity: sustained R&D spending as a percentage of revenue to support product upgrades and digitalization initiatives.
- Quality indicators: product defect rates, ISO certification retention, and field return rates for rotating machinery.
- Productivity: output per employee and on-time delivery rates driven by unified production planning.
- Collaboration metrics: cross-department project completion rates and supplier partnership indices.
Recent Operational and Financial Indicators (illustrative, company-scale)
Key figures demonstrating how 'one mind' and 'pursue excellence' manifest in scale and performance.
| Metric | Recent Value (approx.) | Relevance to Core Value |
|---|---|---|
| Employees | ≈ 3,500 | Enables cross-functional teams and unified operations |
| Annual Revenue | ≈ RMB 1.8-2.5 billion | Resources to fund R&D and quality programs |
| R&D Spend (% of Revenue) | ≈ 3-5% | Supports continuous innovation and product excellence |
| Manufacturing Capacity (rotating machines) | Several hundred MW-equivalent of generator/turbine production per year | Scale to meet domestic and export power equipment demand |
| Export Share | ≈ 10-20% of sales | Reflects international competitiveness and quality standards |
| On-Time Delivery Rate | ≈ 90%+ | Indicator of coordinated planning and united execution |
| Product Field Return Rate | < 1.5% | Measure of manufacturing quality and excellence |
Governance, Culture, and Long-Term Strategic Alignment
- Top-down alignment: executive strategic directives cascade into operational targets and performance reviews to ensure everyone "acts with one mind."
- Cross-functional programs: joint R&D-production-marketing teams accelerate product development cycles and market responsiveness.
- Quality systems: systematic adoption of quality management frameworks and supplier audits to uphold excellence.
- Talent development: training programs and internal mobility to strengthen collective capabilities and shared purpose.
For a deeper look at the company's history, ownership, mission and how it creates value, see: Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd: History, Ownership, Mission, How It Works & Makes Money
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