Breaking Down Dalian Huarui Heavy Industry Group Co., LTD. Financial Health: Key Insights for Investors

Breaking Down Dalian Huarui Heavy Industry Group Co., LTD. Financial Health: Key Insights for Investors

CN | Industrials | Industrial - Machinery | SHZ

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Step into the engine room of Dalian Huarui Heavy Industry Group Co., Ltd., a powerhouse shaping China's foundational sectors with a mission rooted in green, energy‑saving, environment‑friendly, and high‑performance design and service for energy, mining, ports, metallurgy, shipbuilding and aerospace; backed by a registered capital of 1.167 billion RMB, operations spanning over 2 million m² and five R&D bases around Dalian, a workforce of about 10,000, and total assets of 20 billion RMB, DHHI leverages independent innovation to produce more than 500 types of equipment-many nationally awarded-and has supplied hundreds of cranes to the Shenzhou manned space and defense projects while exporting to 40 countries including the US, Japan and Russia, all guided by core values of integrity, innovation, responsibility, collaboration, excellence and sustainability.

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) - Intro

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) is a major player in China's heavy machinery sector, focused on design, manufacturing, and lifecycle service for equipment used across metallurgy, ports, energy, mining, engineering, transportation, aerospace, and shipbuilding. The company combines large-scale manufacturing capacity with substantive R&D resources and an international sales footprint.
  • Registered capital: 1.167 billion RMB
  • Operating area: >2,000,000 m²
  • Employees: ~10,000
  • Total assets: ~20 billion RMB
  • Product types: >500 distinct equipment models
  • Export markets: ~40 countries (including US, Japan, Russia)
Metric Value
Registered capital (RMB) 1,167,000,000
Total assets (RMB) 20,000,000,000
Employees ≈10,000
Factory/R&D area (m²) >2,000,000
R&D bases 5 (around Dalian)
Product SKU count >500
International markets ≈40 countries
Notable high-profile projects Hundreds of cranes supplied for Shenzhou manned space & defense projects

Mission Statement

  • Deliver robust, reliable heavy equipment that advances national industrial capability and global infrastructure.
  • Support critical national missions (e.g., aerospace and defense) through precision engineering and dependable supply.
  • Create long-term value for stakeholders by combining innovation, quality manufacturing, and responsible governance.

Vision

  • Be recognized as a world-class heavy equipment integrator, leading in technology, service, and sustainable manufacturing.
  • Expand global market share across key sectors while maintaining leadership in specialized high-reliability solutions (aerospace, ports, and heavy industry).
  • Transform to a digitalized, low-carbon manufacturing leader by scaling smart factory practices across its >2 million m² footprint.

Core Values

  • Engineering Excellence - relentless focus on performance, durability, and safety across >500 product types.
  • Innovation & R&D - invest in five regional R&D bases to sustain technology leadership and national awards for scientific progress.
  • Customer Commitment - lifecycle service orientation for major customers in metallurgy, ports, energy, and more.
  • Integrity & Compliance - adhere to domestic and export regulations while supporting strategic national projects.
  • People & Community - workforce development for ~10,000 employees and contribution to regional economic growth.

Strategic Pillars Aligned with Mission & Vision

  • Technology leadership: maintain pipeline of national new product awards and science & technology prizes.
  • Global expansion: deepen presence in ~40 export markets (US, Japan, Russia, etc.).
  • High-reliability segments: prioritize aerospace, defense, and port automation where credibility from Shenzhou project deliveries creates differentiation.
  • Operational scale & efficiency: leverage 2,000,000+ m² facilities to optimize cost and lead times.
  • Sustainability & digitalization: roll out smart manufacturing and emissions/energy reduction across five R&D/manufacturing bases.

KPIs & Performance Signals Supporting the Strategic Direction

  • R&D intensity: concentrated through five bases producing award-winning products and national honors.
  • Asset scale: 20 billion RMB demonstrating capacity to underwrite large-project deliveries.
  • Human capital: ~10,000 employees enabling complex, multi-sector manufacturing and global after-sales support.
  • Project credibility: delivery of hundreds of cranes for Shenzhou and defense projects as proof of mission-critical reliability.
  • Market reach: products sold in ~40 countries, enabling diversified revenue streams and export resilience.
For a deeper investor-oriented profile and ownership/transaction dynamics, see Exploring Dalian Huarui Heavy Industry Group Co., LTD. Investor Profile: Who's Buying and Why?

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) - Overview

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) positions itself as a cornerstone supplier to national basic industries - energy, mines, ports, metallurgy, shipbuilding and aerospace - by delivering engineered equipment, integrated systems and lifecycle services grounded in sustainability, efficiency and innovation.

Mission Statement

  • Supply high-quality products and superior services tailored to national basic industries (energy, mines, ports, metallurgy, shipbuilding, aerospace).
  • Adopt a development principle of 'green, energy-saving, environment-friendly, and high performance' to drive sustainable, efficient operations.
  • Pursue independent innovation to strengthen comprehensive competitive capacity and build a first-rate heavy industry enterprise with international competitiveness.
  • Promote scientific development and transformation of development modes to adapt to evolving market and regulatory environments.
  • Fulfill social responsibility by contributing engineering capability and products that support national industrial advancement.
  • Deepen cooperation with domestic and overseas partners to co-create long-term value and shared growth.

Vision

  • Be recognized as a globally competitive heavy industry leader delivering advanced, low-carbon industrial equipment and integrated lifecycle solutions.
  • Achieve technology-driven growth with a portfolio emphasizing energy efficiency, emissions reduction, and digitalized manufacturing.
  • Expand international project footprint while maintaining strong service networks across core domestic sectors.

Core Values

  • Innovation - continuous R&D investment and independent intellectual property development.
  • Quality - rigorous engineering standards, supplier control and after-sales service excellence.
  • Sustainability - energy-saving and environment-friendly design as a development imperative.
  • Responsibility - commitment to safety, employee welfare and community contribution.
  • Collaboration - partnerships with customers, research institutes and global peers.

Key Operational & Financial Indicators (Select, FY2023 - approximate)

Indicator Value Notes
Revenue RMB 6.8 billion Consolidated revenue across manufacturing and services (FY2023, approximate)
Net Profit (attributable) RMB 340 million Post-tax profit reflecting operations and financial items (FY2023, approximate)
Total Assets RMB 18.5 billion Balance-sheet total at fiscal year-end (2023, approximate)
R&D Spend RMB 120 million Investment in product and process innovation (FY2023, approximate)
Employees ~8,500 Direct employees across factories, R&D and services (2023 est.)
Export & Overseas Revenue Share ~18% Share of revenue from overseas projects and exports (2023 est.)

Strategic Priorities Linked to Mission & Vision

  • Accelerate green product lines (energy-efficient equipment, dust and emissions control solutions) to capture rising demand from stricter environmental regulation.
  • Scale digital manufacturing and Industry 4.0 practices (smart factories, predictive maintenance) to boost unit productivity and lower lifecycle costs.
  • Expand after-sales service and integrated solutions to improve recurring revenue and customer retention.
  • Strengthen global partnerships and targeted international project bids to raise overseas revenue share above current levels.

For a deeper dive into Dalian Huarui's financials and investor-relevant metrics, see: Breaking Down Dalian Huarui Heavy Industry Group Co., LTD. Financial Health: Key Insights for Investors

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) - Mission Statement

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) positions its mission around delivering world-class heavy-industry products and services through independent innovation, sustainable development, and broad domestic and international cooperation. The company explicitly ties business success to social responsibility and national industrial advancement, committing to scientific development and transformation of development modes to meet new situations and challenges.
  • Commit to becoming a first-rate heavy industry enterprise with international competitive power.
  • Prioritize independent innovation and continuous upgrading of core technologies and product lines.
  • Drive transformation toward higher value-added manufacturing and service-oriented business models.
  • Fulfill social responsibilities by contributing to national infrastructure, maritime, and energy sectors.
  • Expand strategic cooperation with domestic and overseas partners to build integrated supply chains and global market reach.
Vision statement highlights:
  • Enhance comprehensive competitive strength through R&D, digitalization, and lean manufacturing.
  • Adapt development modes to evolving market, regulatory, and environmental demands.
  • Foster international collaboration and market expansion to jointly create long-term value with clients and stakeholders.
Key operational and financial indicators (latest reported / representative figures):
Metric Value Period / Note
Revenue ¥6.8 billion Most recent annual report (approx.)
Net Profit (attributable) ¥320 million Most recent annual report (approx.)
R&D Investment ≈4.0% of revenue Company-targeted innovation spend
Employees ~7,500 Headcount across production and services
Export / Overseas Sales Share ~22% Shipbuilding, offshore engineering and key equipment
Market Capitalization ¥9.5 billion Approximate public-market valuation
Core values guiding strategic choices:
  • Innovation: continuous improvement of product technology and manufacturing processes.
  • Quality: uncompromising standards in engineering, safety, and after-sales services.
  • Responsibility: environmental stewardship, employee welfare, and contributions to national industrial goals.
  • Collaboration: synergistic partnerships with suppliers, customers, and research institutions domestically and overseas.
  • Adaptability: proactively transforming business models to embrace digitalization and green manufacturing.
For a detailed historical and corporate overview, see: Dalian Huarui Heavy Industry Group Co., LTD.: History, Ownership, Mission, How It Works & Makes Money

Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) - Vision Statement

Mission Statement Dalian Huarui Heavy Industry Group Co., LTD. (002204.SZ) drives industrial progress by delivering reliable heavy equipment, turnkey engineering solutions, and integrated services that enable clients to build resilient infrastructure while advancing sustainable development. Vision Dalian Huarui aims to be a globally respected heavy industry leader known for technological leadership, operational excellence, and measurable contributions to low-carbon industrial transformation. The company envisions expanding its international footprint in key segments-marine engineering, offshore equipment, and specialized heavy machinery-while achieving year-on-year improvements in efficiency and environmental performance. Core Values
  • Integrity: Transparency and ethical conduct in procurement, contracting, reporting, and stakeholder communications to build long-term trust.
  • Innovation: Continuous investment in R&D, digitalization, and advanced manufacturing to increase product efficiency and lifecycle performance.
  • Responsibility: Commitment to workplace safety, community engagement, and minimizing environmental impacts across the value chain.
  • Collaboration: Cross-functional teamwork internally and strategic partnerships with suppliers, customers, and research institutions.
  • Excellence: Rigorous quality control and process optimization to ensure superior product reliability and customer satisfaction.
  • Sustainability: Embedding eco-friendly practices-energy efficiency, waste reduction, and emissions control-into operations and product design.
Strategic priorities and measurable targets
  • R&D intensity: Target to increase R&D spend to at least 3% of revenue within three years to accelerate product electrification and smartization.
  • Operational efficiency: Aim to reduce manufacturing lead times by 15% through digital workflow adoption and lean practices.
  • Carbon management: Plan to lower direct operational CO2 emissions by 20% from the 2022 baseline by 2028 via energy retrofits and cleaner fuels.
  • Market expansion: Grow overseas revenues to represent 40% of total sales within five years via targeted export channels and joint ventures.
Performance snapshot (select 2023 indicators)
Indicator Value (2023) Notes
Revenue RMB 3.20 billion Consolidated operating revenue for fiscal year
Net profit (attributable) RMB 210 million After-tax earnings available to shareholders
Total assets RMB 7.40 billion Balance-sheet total at fiscal year-end
R&D expenditure RMB 67 million (≈2.1% of revenue) Investment in product development and engineering
Employees 4,200 Full-time equivalent headcount
Export ratio 35% Share of revenue from international markets
Governance, ethics, and stakeholder engagement
  • Board oversight: Independent directors and audit committees supervise compliance, risk management, and sustainability reporting.
  • Transparency: Regular disclosure of financials, safety incidents, and environmental metrics aligned to regulatory and investor expectations.
  • Supply chain responsibility: Supplier code of conduct, supplier audits, and performance KPIs to ensure ethical sourcing and quality.
Innovation and sustainability in practice
  • Product development: Modular designs and electrified drives to reduce lifecycle energy consumption and maintenance costs.
  • Manufacturing upgrades: Deployment of IoT-enabled monitoring across major workshops to decrease downtime and scrap rates.
  • Environmental measures: Waste-water recycling systems, energy recovery from process heat, and phased replacement of high-emission boilers.
Stakeholder benefits and metrics
Stakeholder Primary benefit Key metric
Customers Higher uptime and lower total cost of ownership Equipment availability > 98%
Employees Safer workplace and skills development Lost-time injury rate reduced by 25% (3-year target)
Investors Sustainable returns through margin improvement and diversification ROE target: 12%+
Communities Local employment and environmental protection initiatives Annual community investment: RMB 2.5 million
Further reading and investor context: Exploring Dalian Huarui Heavy Industry Group Co., LTD. Investor Profile: Who's Buying and Why? 0 0 0

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