Changhong Technology

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Changhong Technology
public
Traded as SZSE: 300151
Industry Injection molding
Founded 1987
Founders
  • Li Huanchang (李焕昌)
  • Hua Shoufu (华守夫)
  • Xu Yanping (徐燕平)
Headquarters Pingshan District, Shenzhen, China
Area served
Worldwide
Key people
  • Li Huanchang 李焕昌 (Chairman)
  • Zhou Guoquan 周国铨 (Financial Controller)
  • Tan Longquan 谭龙泉 (G.M.)
  • WangYunfang 王云芳 (V.G.M.)
Revenue Increase CNY 351,328,000 (2012)
Number of employees
Increase 2,100 (2012)[1]
Subsidiaries
Website www.sz-changhong.com
Shenzhen Changhong Technology Co., Ltd.
Simplified Chinese 深圳市昌红科技股份有限公司
Literal meaning Shenzhen Changhong Technology Co., Ltd.

Shenzhen Changhong Technology Co., Ltd. is a Chinese plastic parts and injection mold-maker, which was listed on the Shenzhen Stock Exchange ChiNext board on 22 December 2010 using stock code SZSE: 300151 with CN¥100,500,000 registered capital. It was one of three companies to be listed on that day (along with IREAL and QHT) and one of 117 firms to be listed that year.

The "CHT Group" has subsidiaries in Shenzhen, Shanghai, Heyuan, Anhui, and Hong Kong with their headquarters in Pingshan New District, Shenzhen, Guangdong, China.

Major customers include Konica Minolta Inc., Brother Industries, for whom they produce tooling and parts for Multifunction Printers, Thermo Fisher and Beijing Xiaomi Technology Co., Ltd..

As at 9 November 2016, Changhong Technology was a constituent of SZSE 1000 Index (as well as sub-index SZSE 700 Index) but not in SZSE Component Index, making the company was ranked between the 501st to 1,000th by free float adjusted market capitalization.

Ownership[edit]

The public listing was funded in cash with 49.91% being paid by the company Chairman Li Huanchang (李焕昌).[2] Heyuan subsidiary General Manager Hua Shoufu (华守夫) paid 7.86% and Shanghai subsidiary General Manager Xu Yanping (徐燕平) contributed 5.99% of the investment.

Additional investors include the Shenzhen Zhongke Hongyi Venture Investment Co., Ltd. - 深圳市中科宏易创业投资有限公司 (3.73%), Zhejiang Lianheng Venture Capital Co., Ltd. - 浙江联盛创业投资有限公司 (3.73%) and Deng Shiyan - 邓世珩 (1.05%). The remaining 27.73% was raised from numerous other sources.[1]

Names and Locations[edit]

On Dec 20 2007, the company changed its name from Shenzhen Changhong Hardware Manufacture Co., Ltd. to Shenzhen Changhong Mold Technology Co., Ltd. and then on May 15, 2012 to its current name 'Shenzhen Changhong Technology Co., Ltd.' to reflect changes to its business approach.[1]

On Dec 16 2005, the company relocated from Jianxin Village, Ailian Village, Longgang Town, Longgang District, Shenzhen to its current address on the Westside of Jinlong Avenue in Pingshan New District.[1]

See also[edit]

References[edit]

  1. ^ a b c d "HDBC Business Report". Retrieved 12 June 2014. 
  2. ^ "Huanchang Li Executive Profile on Bloomberg Businessweek". Retrieved 12 June 2014. 

External links[edit]