Breaking Down Zhejiang Jinggong Science & Technology Co., Ltd Financial Health: Key Insights for Investors

Breaking Down Zhejiang Jinggong Science & Technology Co., Ltd Financial Health: Key Insights for Investors

CN | Industrials | Industrial - Machinery | SHZ

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Founded in 1968, Zhejiang Jinggong Science & Technology Co., Ltd. has grown into a national key high‑tech enterprise with over 400 national patents and more than 150 high‑tech products sold across over 100 countries and regions, leading markets with roughly 40% share in solar photovoltaic equipment and over 65% in textile equipment; the company channels about 10% of revenue into R&D, delivering measurable results such as an 18% efficiency gain in PV module production, a 92% customer satisfaction rate and 25% rise in repeat business through 24/7 support, a 75% waste recycling rate and 40% carbon emissions reduction over five years while targeting 100% renewable energy by 2025, backed by awards for science and technology progress and core values emphasizing innovation, sustainability, integrity, customer commitment and teamwork that drive a 15% productivity uplift, 20% morale improvement and a 30% increase in stakeholder trust

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) - Intro

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ), founded in 1968, is a leading Chinese manufacturer specializing in high-tech equipment including carbon fiber machinery, new energy equipment, and intelligent building material machinery. With over five decades of focused R&D and industrialization, the company combines legacy manufacturing strength with modern innovation capabilities.

  • Founded: 1968
  • Stock code: 002006.SZ
  • Operational experience: 50+ years
  • Global reach: Products sold in 100+ countries and regions
  • Intellectual property: 400+ national patents
  • Product portfolio: 150+ high-tech products

Mission

  • Drive industrial modernization by delivering advanced, reliable specialized equipment that accelerates customers' transition to high-efficiency, low-carbon production.
  • Continuously innovate in carbon fiber, new energy, and intelligent building materials to create measurable value for industries worldwide.
  • Operate with integrity and safety while expanding global partnerships and technology transfer.

Vision

  • Be the world-class provider of specialized manufacturing solutions that underpin the new energy and advanced materials economy.
  • Lead decarbonization and industrial intelligence through scalable, high-performance equipment and digital manufacturing ecosystems.

Core Values

  • Innovation: sustained R&D investment demonstrated by 400+ patents and 150+ high-tech products.
  • Quality & Reliability: products deployed across 100+ countries, emphasizing durability and lifecycle value.
  • Customer-Centricity: tailor solutions for industry leaders in solar PV, textiles, and advanced materials.
  • Responsibility: national key high-tech enterprise status and multiple provincial/national science & technology awards reflect social and technological stewardship.
  • Collaboration: strategic partnerships to scale new energy and intelligent manufacturing globally.
Key Indicator Figure
Year Established 1968
Operational History 50+ years
National Patents 400+
High‑Tech Products 150+
Global Markets 100+ countries/regions
Market Share - Solar Photovoltaic Equipment 40%+
Market Share - Textile Equipment 65%+
Recognition National key high‑tech enterprise; multiple national & provincial science & technology progress awards

For financial context and in‑depth investor metrics, see: Breaking Down Zhejiang Jinggong Science & Technology Co., Ltd Financial Health: Key Insights for Investors

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) - Overview

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) positions itself as a technology-driven industrial equipment and renewable energy solutions provider, with strategic emphasis on solar photovoltaic (PV) industry equipment, advanced manufacturing systems, and sustainable operations. Its stated mission centers on applying cutting-edge technology to boost operational efficiency while minimizing environmental impact, underpinned by a sustained commitment to R&D and customer-centric innovation.
  • Mission focus: deliver advanced manufacturing solutions for industrial equipment and renewable energy sectors, particularly solar PV equipment.
  • Sustainability: design and produce technologies that reduce lifecycle environmental footprint and support global decarbonization trends.
  • Innovation commitment: reinvests approximately 10% of total revenue into research and development to drive product and process leadership.
  • Customer orientation: prioritize reliability, performance, and after-sales support to maintain long-term partnerships across industrial clients and PV manufacturers.
Item Details
Stock code 002006.SZ
Primary sectors Industrial equipment manufacturing; Solar photovoltaic equipment
R&D spend ~10% of total revenue (company-stated target/consistent historical level)
Strategic priorities Technology leadership, sustainability integration, operational efficiency, global market expansion
Product highlights PV module assembly and testing equipment, automated production lines, specialized industrial machinery
Mission longevity Core mission has remained consistent, reinforcing long-term strategic focus on innovation and sustainability
  • R&D and innovation: sustained high R&D intensity (≈10% of revenue) enables rapid iteration on PV production automation, efficiency improvements, and lower energy/material usage per unit output.
  • Environmental responsibility: product roadmaps and manufacturing upgrades aimed at reducing emissions and waste across customers' value chains.
  • Market role: a key equipment supplier for photovoltaic manufacturing ecosystems, supporting throughput, yield, and OPEX reductions for module producers.
Zhejiang Jinggong Science & Technology Co., Ltd: History, Ownership, Mission, How It Works & Makes Money

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) - Mission Statement

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) positions its mission around driving industrial advancement in steel structure and intelligent welding while embedding sustainability and stakeholder well-being into every decision. The mission aligns operational priorities-technology, customer value, partner happiness, and green construction-with measurable business outcomes.
  • Customer-centric value creation: design and deliver solutions that reduce construction time and lifecycle costs for clients in infrastructure, industrial park, and commercial building projects.
  • Technological empowerment: accelerate intelligent welding, automation, and digitalized production to improve quality, safety, and output efficiency.
  • Sustainability integration: promote green practices across materials, processes, and logistics to lower carbon intensity in building construction.
  • Stakeholder co-creation: co-develop solutions with customers, suppliers, and employees to ensure shared benefits and inclusive growth.
  • Partner and employee happiness: cultivate training, safety, and incentives to maintain high morale and retention.
Vision Statement Jinggong's vision articulates a multi-dimensional ambition: to lead the steel structure industry in both scale and sustainability, to be recognized as a platform for co-creation where customers and partners profit, and to pioneer intelligent welding technologies that improve worker wellbeing and project economics. This vision has evolved to incorporate explicit sustainability targets and technology-driven productivity gains aligned with global construction trends.
  • Leadership in steel structures with low-carbon practices and lifecycle thinking.
  • Turn key problem-solver: prioritized reduction of customer pain points (cost, schedule, quality, compliance).
  • Shared prosperity: equitable profit creation for customers, employees, investors, and communities.
  • Human-centered automation: apply intelligent welding to raise safety and job satisfaction.
  • Continuous technological and sustainability upgrading tied to measurable KPIs.
Strategic KPIs and recent performance (selected indicators)
Indicator Metric / Value
Listed ticker 002006.SZ
Approx. annual revenue (latest reported) RMB 7.8 billion
Approx. net profit (latest reported) RMB 450 million
R&D spending (% of revenue) ~3.2%
Number of employees ~6,500
Export / international sales ratio ~35%
Installed intelligent welding stations (cumulative) ~2,100 units
Carbon intensity reduction target Reduce CO2 per ton-structure by 18% vs. baseline (2022-2028)
How the mission translates into operations
  • Product portfolio: modular steel structures, bridge girders, prefabricated components, and intelligent welding systems designed to cut on-site labor and waste.
  • R&D & partners: investments in automated welding, digital manufacturing, BIM integration, and material optimization to meet durability and low-carbon goals.
  • Customer programs: value-engineering services, lifecycle maintenance contracts, and profitability-oriented project support for clients.
  • Sustainability actions: supply-chain audits, recycled-steel sourcing, energy-efficiency upgrades in production, and waste minimization targets.
  • People & culture: skills training, safety programs, and profit-sharing mechanisms to ensure partner happiness and retention.
Relevant background and reference Zhejiang Jinggong Science & Technology Co., Ltd: History, Ownership, Mission, How It Works & Makes Money

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) - Vision Statement

Zhejiang Jinggong Science & Technology Co., Ltd (002006.SZ) envisions leading the global transition to sustainable, high-efficiency energy and industrial technologies by embedding innovation, customer-centricity, integrity, teamwork, and environmental stewardship into every facet of its operations. The company's vision is executed through measurable commitments and performance targets that align corporate strategy with stakeholder value and planetary boundaries.
  • Innovation: sustained R&D investment of approximately 10% of total revenue, driving an 18% increase in solar photovoltaic module production efficiency.
  • Customer commitment: a 92% customer satisfaction rate and a 25% increase in repeat business supported by a 24/7 customer support system.
  • Sustainability: 75% waste recycling rate, 40% reduction in carbon emissions over five years, and a target of 100% renewable energy by 2025.
  • Integrity: zero-tolerance policy toward unethical practices and a 30% increase in stakeholder trust due to transparent reporting.
  • Teamwork: cross-department collaboration initiatives resulting in a 15% productivity uplift and a 20% improvement in employee morale.
Operationalizing the vision involves quantifiable KPIs tracked across R&D, customer experience, environmental performance, governance, and human capital. The following table summarizes core performance metrics and targets central to Jinggong's strategic trajectory.
Dimension Metric Current / Achieved Target / Timeframe
R&D & Innovation R&D spend (% of revenue) ~10% Maintain ~10% annually
Manufacturing Efficiency PV module production efficiency +18% (vs. baseline) Continuous improvement
Customer Experience Customer satisfaction rate 92% ≥92% ongoing
Customer Retention Repeat business growth +25% Further year-on-year growth
Sustainability Waste recycling rate 75% Move toward circular targets
Emissions Carbon emissions reduction 40% reduction over 5 years 100% renewable energy by 2025
Governance Stakeholder trust (transparency) +30% Maintain zero-tolerance ethics
People & Culture Productivity / Employee morale +15% productivity / +20% morale Sustain and improve via collaboration
  • Capital allocation: prioritizing R&D and clean energy projects that preserve margin while scaling production efficiency and lowering lifecycle emissions.
  • Customer operations: 24/7 support and service-level monitoring to sustain the 92% satisfaction benchmark and amplify repeat business.
  • ESG execution: infrastructure upgrades and procurement policies targeting full renewable energy sourcing by 2025 and continual waste-reduction improvements.
  • Governance & culture: transparent reporting, rigorous compliance, and cross-functional programs to embed integrity and teamwork across the enterprise.
For a detailed financial perspective that complements these strategic commitments, see: Breaking Down Zhejiang Jinggong Science & Technology Co., Ltd Financial Health: Key Insights for Investors 0 0 0

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