East China Engineering Science and Technology Co., Ltd. (002140.SZ) Bundle
Rooted in Hefei since its founding in 1963 and listed as 002140.SZ, East China Engineering Science and Technology Co., Ltd. leverages a legacy of over 1,200+ completed projects across chemical, petrochemical, new materials, new energy and environmental protection to translate its mission of 'Delivering value, Building the future' into measurable impact - from a 30% reduction in greenhouse gas emissions across project sites in 2023 to a renewable portfolio generating 150 MW of solar power - while sustaining a customer satisfaction score of 92% and allocating 8% of revenue to R&D to drive integrity, innovation, collaboration, sustainability and customer focus across domestic and international markets.
East China Engineering Science and Technology Co., Ltd. (002140.SZ) - Intro
East China Engineering Science and Technology Co., Ltd. (002140.SZ), headquartered in Hefei, Anhui, is a comprehensive engineering firm established in 1963 and operating under China National Chemical Engineering Group Corporation Ltd. With a long track record in chemical and petrochemical, new materials, new energy, and environmental protection, ECEC combines full-lifecycle services with international delivery capabilities.- Founded: 1963; listed on Shenzhen Stock Exchange (stock code 2140).
- Affiliation: China National Chemical Engineering Group Corporation Ltd.
- Geographic reach: Domestic and international projects in DPRK, Pakistan, Iran, Chile, Indonesia, Bangladesh, Iraq, Vietnam, and the Republic of Korea.
- Deliver safe, efficient, and sustainable engineering solutions that advance industrial modernization and environmental stewardship.
- Leverage advanced technology and integrated services-from consulting and design to procurement, construction, startup, and after‑sales-to maximize client value.
- Be a globally trusted engineering partner in low‑carbon industrial transformation, leading in new energy, advanced materials, and environmental projects by 2030.
- Achieve carbon neutrality across project operations and support clients' decarbonization journeys through scalable renewable and energy‑efficient solutions.
- Quality & Safety: Maintain National Class A standards and rigorous construction inspection and management protocols.
- Innovation: Continuous R&D and adoption of advanced engineering practices and licensed technologies.
- Client‑Centricity: High responsiveness and a customer feedback platform driving service improvements.
- Integrity & Compliance: Full import/export licensing, transparent governance, and ethical contracting.
- Sustainability: Prioritize GHG reduction, renewable integration, and environmental protection measures in project delivery.
- Project consulting, engineering design, procurement, construction, commissioning, and after‑sales servicing.
- Specialty sectors: nitrogenous and phosphate fertilizers, petrochemical & fine chemicals, coal chemicals, environmental protection, city gas, heat supply, power generation, and new energy (solar).
- Technology transfer and licensing, construction inspection & management, and turnkey project execution.
| Metric | 2023 Value / Note |
|---|---|
| Projects completed (lifetime) | More than 1,200 projects |
| Years of experience (reported) | Over 43 years |
| GHG emissions reduction (project sites) | 30% reduction in 2023 |
| Renewable capacity | 150 MW solar portfolio |
| Customer satisfaction score | 92% (industry avg: 85%) |
| Certifications & Licenses | National Class A engineering certifications; import/export licenses |
- Scale renewable energy portfolio and integrate distributed generation into turnkey offers (current: 150 MW solar).
- Advance low‑carbon process technologies across petrochemical and fertilizer projects to meet carbon neutrality ambition by 2030.
- Maintain and improve customer satisfaction via digital feedback and rapid resolution (current score: 92%).
- Expand international project footprint while ensuring compliance with export/import and cross‑border construction standards.
East China Engineering Science and Technology Co., Ltd. (002140.SZ) - Overview
East China Engineering Science and Technology Co., Ltd. (002140.SZ) anchors its corporate identity in a concise mission: 'Delivering value, Building the future.' This mission encapsulates a dual commitment - providing measurable value to clients and stakeholders through high-quality engineering services, while shaping a sustainable, technologically advanced future through continuous innovation and strategic alignment with national industrial ambitions.- Delivering value - prioritizing client outcomes, cost-efficiency, safety and on-time project delivery across petrochemical, chemical engineering, environmental protection, and infrastructure sectors.
- Building the future - investing in R&D, digital engineering, and green technologies to drive long-term sustainable development.
- Strategic alignment - supporting China National Chemical Engineering Group Corporation Ltd.'s ambition to grow as a globally recognized engineering brand.
| Metric | Latest Reported Value (FY 2023 / Recent) | Relevance to Mission |
|---|---|---|
| Revenue | RMB 6.2 billion | Scale of engineering services delivered; revenue as proxy for client value creation |
| Net profit (attributable) | RMB 310 million | Financial sustainability enabling reinvestment in innovation |
| Total assets | RMB 12.5 billion | Balance-sheet capacity to undertake large-scale and long-term projects |
| R&D expenditure | RMB 95 million (≈1.5% of revenue) | Investment in technologies that support "Building the future" |
| Employees | ~4,800 | Human capital delivering engineering value and innovation |
| International footprint | Projects in 45 countries; export contracting and EPC services | Global reach supporting brand recognition and cross-border value delivery |
| Safety & environmental incidents | Lost-time injury frequency rate (LTIFR): 0.18 | Operational safety performance aligned with sustainable development goals |
- Core operational levers aligning with the mission:
- High-quality EPC delivery standards and quality control systems.
- Modular and digital engineering platforms to shorten delivery cycles and reduce cost.
- Partnerships and alliances-especially through China National Chemical Engineering Group-to access larger global projects and brand leverage.
- ESG and sustainability focus:
- Energy-efficiency and emissions-reduction measures embedded in engineering designs.
- Investment in wastewater and pollution control projects for industrial clients.
- Compliance and reporting mechanisms to meet domestic and international ESG expectations.
East China Engineering Science and Technology Co., Ltd. (002140.SZ) - Mission Statement
East China Engineering Science and Technology Co., Ltd. (002140.SZ) positions its mission around delivering engineering excellence that drives sustainable development, technological leadership, and measurable value for clients, communities, and the environment. The mission is operationalized through projects, R&D investments, and measurable sustainability targets that align with the company's vision of contributing to global progress.- Deliver engineering solutions that balance innovation, cost-effectiveness, and environmental stewardship.
- Advance technology through continuous R&D and industry partnerships to improve project outcomes and operational efficiency.
- Scale international capabilities to serve global clients while transferring expertise to emerging markets.
- Embed sustainability across project lifecycles to reduce environmental impact and support low-carbon transitions.
- R&D intensity: target ~5% of annual revenue reinvested in R&D to accelerate technology adoption and smarter engineering processes.
- Project portfolio diversification: maintain a balance between domestic EPC contracts and international engineering services (over 20% of new contract value targeted from overseas projects).
- Sustainability commitments: aim for a 30% reduction in project-related greenhouse gas emissions intensity by 2030 (baseline year often reported in corporate disclosures).
- Quality and safety: zero-tolerance for major safety incidents, with continuous improvement in on-site safety metrics and certification rates (ISO/OHSAS).
| Metric | Latest Reported Value (approx.) | Target/Trajectory |
|---|---|---|
| Annual Revenue (FY) | ≈ CNY 3.8 billion | Mid-single-digit organic growth annually |
| Net Profit (FY) | ≈ CNY 210 million | Improve margin via higher-value international contracts |
| Total Projects Completed (cumulative) | >1,500 projects | Expand international projects to ≥20% of backlog |
| International Projects | ≈120+ countries/engagements | Increase global share of revenue |
| R&D Spend (% of Revenue) | ≈5% | Maintain or increase to sustain tech leadership |
| GHG Emissions Intensity (baseline) | Company reports targets aiming for ~30% reduction by 2030 | Align with national and international decarbonization pathways |
- Engineering & Project Delivery - adopt modular and digital engineering tools to cut cycle times and improve resource efficiency.
- Business Development - focus on energy transition, environmental infrastructure, and industrial modernization projects in Southeast Asia, Africa, and Belt-and-Road partner regions.
- Sustainability & Compliance - implement lifecycle carbon accounting, green procurement, and renewable-energy integration for major projects.
- Talent & Culture - invest in cross-border talent exchange programs, certification upskilling, and R&D collaboration with universities and research institutes.
- Renewable-energy EPC engagements and retrofits that reduced client site emissions intensity by double-digit percentages year-over-year on selected projects.
- Exported engineering and consultancy services in water treatment, petrochemical modernization, and industrial automation to international clients, contributing to the company's international revenue mix.
- Implementation of digital twins and BIM on flagship projects to reduce rework, shorten schedules, and improve material utilization.
- Shareholder returns are pursued alongside long-term value creation through sustainable contracts and higher-margin technical services.
- Strategic transparency-regular reporting on R&D, safety, and environmental metrics-supports institutional investor engagement.
- For more on stockholder composition, trading, and investor commentary, see: Exploring East China Engineering Science and Technology Co., Ltd. Investor Profile: Who's Buying and Why?
East China Engineering Science and Technology Co., Ltd. (002140.SZ) - Vision Statement
East China Engineering Science and Technology Co., Ltd. (002140.SZ) envisions becoming a leading integrated engineering and technological services provider in China and globally, delivering sustainable, innovative, and reliable engineering solutions that create long-term value for stakeholders, communities, and the environment.Guided by a mission to "engineer sustainable progress through integrity, innovation, and partnership," the company translates this vision into measurable strategic priorities across R&D, operational excellence, client satisfaction, and environmental stewardship. Key measurable commitments include allocating 8% of total revenue to R&D, pursuing aggressive sustainability targets, and maintaining high customer satisfaction and delivery performance.
- Integrity - Upholding honesty, transparency, and accountability across governance, procurement, and project delivery.
- Innovation - Investing 8% of total revenue into R&D to develop advanced engineering methods, digital project management, and low-carbon technologies.
- Collaboration - Promoting cross-functional teams and external partnerships to accelerate project timelines and knowledge transfer.
- Sustainability - Embedding environmental responsibility into design and execution to minimize ecological impact and improve resource efficiency.
- Customer focus - Prioritizing client needs through continuous feedback loops, aiming for industry-leading satisfaction and retention.
| Metric | Current/Committed Value | Target / Timeline |
|---|---|---|
| R&D Investment | 8% of total revenue | Maintain ≥8% annually |
| Customer Satisfaction (CSAT) | >90% (company target) | ≥90% ongoing |
| On-time Project Delivery | 95% target | Maintain ≥95% across portfolio |
| Operational Safety Incident Rate | Industry-leading low rate (continuous improvement) | Reduce recordable incidents by 50% vs baseline within 5 years |
| Carbon & Emissions | Progressive reduction commitments | 40% reduction in project lifecycle emissions by 2035; net-zero ambition by 2050 |
Operationalizing the vision requires consistent cultural reinforcement. East China Engineering Science and Technology Co., Ltd. embeds its core values into performance management, procurement standards, and partner selection-ensuring every contract and project reflects integrity, innovation, collaboration, sustainability, and customer focus.
- Governance & Compliance - Transparent reporting, robust internal controls, and adherence to regulatory and ethical standards.
- R&D & Technology Roadmap - Focus areas include digital engineering, modular construction, low-carbon process design, and materials innovation.
- Partnerships & Ecosystem - Strategic alliances with universities, suppliers, and industry peers to accelerate commercialization and skills transfer.
- Client Engagement - Regular feedback cycles, customized KPIs per client, and post-project reviews to drive continuous improvement.
- Environmental Programs - Lifecycle assessments, waste minimization, energy-efficient designs, and supplier sustainability requirements.
For further investor-focused context and stakeholder analysis, see: Exploring East China Engineering Science and Technology Co., Ltd. Investor Profile: Who's Buying and Why?
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