Zhejiang Jingu Company Limited (002488.SZ) Bundle
Zhejiang Jingu Company Limited, founded in 1996 and headquartered in Hangzhou, has grown into a global auto-wheel specialist offering passenger, commercial, trailer, snow, split, agricultural and low‑carbon Avatar wheels while expanding aftermarket services like tire changing and four‑wheel alignment; with a market capitalization of about CNY 8.14 billion (late 2025) and first three quarters 2025 revenue of CNY 3.086 billion (YoY +6.91%) and net profit of CNY 42.0073 million (YoY +29.77%), the company's mission-rooted in quality, innovation and customer satisfaction-is backed by concrete investments such as CNY 150 million in R&D in 2022 that fueled smart valve technology slated to make up 15% of sales by 2025; its vision couples expanded R&D (targeting ~CNY 120 million with a 15% increase in 2024) and ambitious sustainability goals (20% carbon footprint reduction by 2025, 25% emissions cut by 2026, 50% material recycling by end‑2025) alongside plans to enter North American, European and Southeast Asian markets to boost international sales, while core values of integrity, innovation, quality, CSR and collaboration steer product development, global expansion and customer‑centric strategies-discover the full story behind these numbers, targets and the company's roadmap.
Zhejiang Jingu Company Limited (002488.SZ) - Intro
Overview- Founded: 1996; Headquarters: Hangzhou, Zhejiang, China.
- Core business: R&D, manufacturing and sale of automobile wheels (OEM and aftermarket).
- Brands & segments: Avatar (low-carbon wheels) and a full range covering passenger car wheels, commercial vehicle wheels, trailer wheels, snow car wheels, split wheels, agricultural wheels.
- To provide high‑quality, safe and lightweight wheel solutions that improve vehicle efficiency and driving safety while lowering lifecycle carbon emissions.
- To integrate manufacturing excellence with global service capabilities - from tire changing and dynamic balancing to four‑wheel alignment and import‑export operations - ensuring end‑to‑end value for OEM and aftermarket customers.
- Become a leading global wheel technology provider recognized for innovation in low‑carbon materials and processes, premium product reliability, and scalable global supply and service networks.
- Expand export penetration in Europe, the United States and Southeast Asia while increasing value‑added aftermarket services.
- Quality First: rigorous process control and product testing across manufacturing sites.
- Customer Centricity: tailor solutions for OEM and aftermarket partners, including on‑site services (tire change, balancing, alignment).
- Innovation & Sustainability: continuous R&D investment toward lighter, more recyclable wheels and the Avatar low‑carbon line.
- Global Collaboration: strengthen export channels and partnerships in key markets (EU, US, SE Asia).
- Integrity & Compliance: transparent governance and adherence to export/import regulations and industry standards.
| Metric | Value (2025) | YoY / Note |
|---|---|---|
| Market Capitalization (late 2025) | CNY 8.14 billion | Market value reflecting industry position |
| Revenue (first 3 quarters, 2025) | CNY 3.086 billion | +6.91% YoY |
| Net Profit (first 3 quarters, 2025) | CNY 42.0073 million | +29.77% YoY |
| Primary Export Regions | Europe, United States, Southeast Asia | Established distribution and production coordination |
| Service Offerings | Tire changing, dynamic balancing, 4‑wheel alignment, import‑export operations | Aftermarket and OEM integrated services |
- Passenger car wheels - cast and forged variants, focus on weight reduction and NVH (noise, vibration, harshness).
- Commercial & trailer wheels - high‑durability designs for heavy duty cycles.
- Split wheels and agricultural wheels - specialized fitments and corrosion resistance.
- Snow car wheels - cold‑climate alloys and coatings.
- Avatar low‑carbon wheels - recyclable materials, optimized manufacturing for lower CO2 intensity.
- Aftermarket services - mobile/retail tire change, dynamic balancing, 4‑wheel alignment and logistics for international trade.
- Scale exports to Europe, US and Southeast Asia leveraging production capacity and quality certification to capture higher‑margin OEM contracts.
- Accelerate Avatar low‑carbon product adoption across OEMs focused on lifecycle emissions reduction.
- Expand integrated aftermarket services to drive recurring revenue and strengthen customer retention.
- Invest in R&D for lightweight alloys, manufacturing automation and digital quality control to improve margins and throughput.
Zhejiang Jingu Company Limited (002488.SZ) - Overview
Zhejiang Jingu Company Limited (002488.SZ) centers its mission on quality, innovation, and customer satisfaction while scaling its global footprint and committing to sustainable industry practices. The company's strategic priorities translate into measurable investments, technological development, and environmental targets that guide operations and stakeholder engagement.
- Commitment to quality: continuous product improvement and stricter QC protocols across manufacturing lines.
- Innovation-driven growth: focused R&D programs targeting smart valve systems and industrial automation.
- Customer-centric approach: enhancing after-sales service, customization capabilities, and global distribution networks.
- Sustainability and ESG integration: energy efficiency, renewable adoption, and waste recycling in production.
Key quantified commitments and recent achievements:
| Metric | Value / Target | Timeframe |
|---|---|---|
| R&D Investment | CNY 150 million | 2022 |
| Smart valve sales target | 15% of total sales | By 2025 |
| Carbon footprint reduction target | 20% reduction | By 2025 |
| Energy consumption change | -10% vs 2022 | 2023 |
Mission Statement
Zhejiang Jingu's mission emphasizes delivering high-quality valve and flow-control solutions through continuous innovation and outstanding customer service, while expanding international market share and embedding sustainability across its value chain.
- Drive product excellence through targeted R&D (CNY 150 million invested in 2022).
- Accelerate adoption of smart valve technology to reach 15% of sales by 2025.
- Implement measurable sustainability programs to reduce carbon emissions by 20% by 2025.
- Maintain high customer satisfaction via improved quality control and global support.
Vision
The company envisions becoming a leading global provider of intelligent flow-control solutions, recognized for technological leadership, reliable performance, and a low-carbon manufacturing footprint.
- Global leadership in smart valve systems and integrated solutions.
- Industry benchmark for sustainable manufacturing and energy efficiency.
- Preferred partner for clients seeking reliable, high-performance flow-control products.
Core Values
- Quality: uncompromising standards in design, production, and service.
- Innovation: sustained R&D investment and commercialization of smart technologies.
- Responsibility: measurable environmental targets and resource stewardship.
- Customer Focus: responsiveness, customization, and long-term partnerships.
- Integrity: transparent governance and ethical business conduct.
Operational highlights linking mission to performance:
| Area | Initiative | Impact / KPI |
|---|---|---|
| R&D | Smart valve programs | CNY 150M invested (2022); target 15% sales by 2025 |
| Energy & Emissions | Renewable adoption & waste recycling | 10% energy reduction in 2023; 20% carbon reduction target by 2025 |
| Market Expansion | Enhanced global distribution & after-sales | Growth in export channels and improved customer retention |
For further investor-oriented context and owner composition insights, see: Exploring Zhejiang Jingu Company Limited Investor Profile: Who's Buying and Why?
Zhejiang Jingu Company Limited (002488.SZ) - Mission Statement
Zhejiang Jingu Company Limited (002488.SZ) commits to driving manufacturing excellence through innovation, sustainability, global expansion and uncompromising quality. The company's mission aligns strategic investments, measurable targets and operational initiatives to transform production processes, reduce environmental impact and elevate customer satisfaction.
- Accelerate technology-led manufacturing improvements by scaling R&D investment and industrial application of advanced processes.
- Embed sustainability across operations with clear emission, recycling and resource-efficiency targets.
- Expand international footprint to diversify revenue and serve global customers with consistent quality standards.
- Deliver superior customer experiences by strengthening quality control and after-sales systems to exceed a 90% satisfaction rate.
| Metric | Baseline / Current | Target | Target Year |
|---|---|---|---|
| R&D expenditure | CNY ≈104.35 million (2023 est.) | CNY 120 million (+15%) | 2024 |
| Carbon emissions reduction | - (2023 baseline) | -25% | 2026 |
| Material recycling rate | - (2023 baseline) | 50% | End of 2025 |
| New international markets | Existing markets (Asia-focused) | Enter North America, Europe, Southeast Asia (3 markets) | 2024 |
| International sales growth | - (2023 international revenue) | +30% projected | Post-market entry (2024-2025) |
| Customer satisfaction | - (current measured rate) | >90% | Ongoing implementation |
- R&D strategy: increase R&D budget by 15% in 2024 to CNY 120 million to fund process automation, materials research and digital manufacturing pilots.
- Sustainability roadmap: implement energy-efficiency retrofits, supplier waste-reduction programs and circular-material pilots to meet -25% emissions by 2026 and 50% recycling by 2025.
- Global expansion plan: sequence market entry with localized sales channels and compliance programs targeting North America, Europe and Southeast Asia to lift international sales by ~30%.
- Quality & customer centricity: deploy company-wide quality control systems, ISO-aligned processes and customer feedback loops to push satisfaction above 90%.
For investor-focused context and stakeholder implications, see Exploring Zhejiang Jingu Company Limited Investor Profile: Who's Buying and Why?
Zhejiang Jingu Company Limited (002488.SZ) - Vision Statement
Zhejiang Jingu Company Limited (002488.SZ) positions itself as an industry-leading manufacturer committed to sustainable growth, technological leadership, and customer-centric product excellence. The company's vision is to be a global benchmark in manufacturing efficiency and product innovation while delivering long-term shareholder value and positive social impact.- Becoming a market leader in high-value manufacturing segments through steady R&D investment and process optimization.
- Driving carbon- and resource-efficiency across operations to align with national and global sustainability targets.
- Expanding international footprint by strengthening supply-chain partnerships and targeted export growth.
Core Values and Operational Metrics
- Integrity - transparent corporate governance, compliance with disclosure requirements of the Shenzhen Stock Exchange (002488.SZ), and audit controls embedded in monthly and quarterly reporting cycles.
- Innovation - sustained R&D investment aimed at product differentiation, technology upgrades, and manufacturing automation.
- Quality - stringent quality control metrics, yield-improvement programs, and customer satisfaction KPIs.
- Corporate Social Responsibility (CSR) - commitments to emission reductions, workplace safety, and community engagement projects.
- Collaboration - cross-functional teams, supplier partnerships, and joint ventures to accelerate time-to-market and cost efficiency.
| Key Indicator | Latest Reported Value | Unit / Note |
|---|---|---|
| Annual Revenue (most recent fiscal year) | RMB 3.8 billion | Consolidated |
| Net Profit (most recent fiscal year) | RMB 290 million | After-tax |
| Total Assets | RMB 6.2 billion | Balance sheet |
| Employees | ~3,200 | Company-wide |
| R&D Spend | RMB 120 million | Annual |
| ROE | 8.5% | Trailing twelve months |
How Core Values Are Implemented (Examples & KPIs)
- Integrity: regular internal audits, 100% timely regulatory filings, and a whistleblower channel monitored by the board compliance committee.
- Innovation: >3% of revenue allocated to R&D annually; launch pipeline of new products with expected CAGR uplift of related product lines at 6-8% over three years.
- Quality: defect rates reduced by 22% year-over-year through statistical process control and automated inspection systems.
- CSR: targets to reduce scope 1 & 2 emissions by 15% within five years; community training programs benefiting local vocational schools.
- Collaboration: supplier consolidation program achieved 12% procurement cost savings and shortened lead times by 18%.
Governance, Sustainability, and Investor Alignment
Zhejiang Jingu integrates its values into governance structures - the board sets sustainability targets, risk committees oversee compliance, and executive compensation links to both financial outcomes and ESG metrics. These measures aim to preserve investor confidence and long-term valuation.For deeper investor insights and shareholder dynamics, see: Exploring Zhejiang Jingu Company Limited Investor Profile: Who's Buying and Why?
0 0 0
Zhejiang Jingu Company Limited (002488.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.