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Hezong Technology

Hezong Science and Technology Co., Ltd.  (hereinafter referred to as "Hezong Tech") was established in 1997, with two major business segments: electricity and new energy battery materials. It currently has over 3000 employees and a revenue of 2.962 billion yuan in 2022. In June 2015, the company was listed on the ChiNext board of the Shenzhen Stock Exchange (stock code 300477; stock name: Hezong Tech).

 

 


Electricity sector

Hezong Tech's electricity sector focuses on the field of medium voltage distribution, adhering to independent research and technological innovation. After more than 20 years of development, Hezong Tech's products cover urban and rural power distribution equipment, industrial and mining enterprise distribution equipment, rail transit power supply equipment, new materials and new energy electricity equipment, including ring main unit, load break switches, high and low voltage switchgear, box type substations, high-efficiency distribution transformers, distribution automation equipment and monitoring systems, and other series of products. Among them, the sales of RMU have ranked first in the Chinese industry for many consecutive years, while box type transformers, high-efficiency distribution transformers, and LBS are leading in the domestic market. Hezong Tech integrates research and development, design, manufacturing, sales, construction, and after-sales, and has become a long-term supplier to State Grid, China Southern Power Grid, and China Railway Group, belonging to the first tier of the distribution industry.

 

In the field of new energy, Hezong Tech responds to the national "dual carbon" goal call and actively expands its new energy business. With a strong foundation in electricity equipment manufacturing and construction, it provides key new energy equipment such as photovoltaic boosting and inversion integrated substations, energy storage and current boosting integrated substations, industrial and commercial photovoltaic grid connected integrated automation systems, distributed industrial and commercial energy storage systems, distribution station area energy storage systems, box transformers, switchgear, etc; At the same time, we provide EPC engineering construction services such as household photovoltaic, distributed photovoltaic, centralized photovoltaic power stations, 220kV booster station projects, and supporting energy storage projects. Hezong Tech's business has been involved in various fields such as project development, design consulting services, intelligent equipment manufacturing, and after-sales operation and maintenance in the new energy field, and is committed to becoming a first-class system solution service provider in the distribution and smart energy field.

 

The electricity sector currently has about 1500 employees, with 4 wholly-owned subsidiaries and 1 overseas joint venture. It has two intelligent manufacturing bases in Miyun, Beijing and Binhai, Tianjin.

 

The electricity sector business is widely distributed, with 13 sales regions, providing high-quality products, services and solutions to customers in Chinese Mainland and parts of Southeast Asia, Middle East, Africa, South Asia and Europe, and participating in major national infrastructure projects such as Beijing Winter Olympics, Beijing New Airport, South to North Water Transfer, Beijing Tianjin High speed Railway, Shanghai Suzhou Hangzhou High speed Railway, Tianjin Metro, China Communications Construction, China Power Construction, China Energy Construction, China Everbright, China Energy Conservation, etc.

 

Overseas, participated in the construction of model projects such as the Colombalo coal-fired power plant in Indonesia, the Barisa coal-fired power plant in Bangladesh, the Bern hydroelectric power plant in Indonesia, the Dizwa/Kamoa/Pombi copper cobalt mine in the Democratic Republic of Congo, the Hulumare II island in Maldives, the United Nations South Sudan power transmission and distribution project, and the Kenya "Century Engineering" Mombasa Nairobi Railway, showcasing China's business card.

 

Beijing Miyun Production Base

 

Tianjin Binhai Production Base

 

Battery material sector

In the field of new energy battery materials, Hunan Yacheng New Energy Co., Ltd. became a subsidiary of Hezong Tech in 2017. It is located in Yacheng Industrial Park, Xinkang Road, Ningxiang Economic and Technological Development Zone, Xiangjiang New Area, Hunan Province, with a registered capital of 560 million yuan.

 

Yacheng New Energy is a leading player in China's lithium-ion battery cathode material precursor industry, specializing in the production, research and development, and sales of products such as iron phosphate, manganese iron phosphate, cobalt additives, and cobalt tetroxide. Its production bases are located in Hunan and Guizhou, and downstream customers comprehensively cover power batteries, consumer batteries, and energy storage. It has won the trust and support of many first-class customers and has become a long-term partner of well-known enterprises such as Xiamen Tungsten New Energy, ATL, Samsung SDI, Meimei Technology, BYD, Guoxuan High tech, Taifeng Pioneer, and Huayou Cobalt Industry.

 

Yacheng New Energy aims to become a world-class supplier of cathode material precursors for lithium batteries through its strategic layout of "resource smelting+materials+precursors".

 

In November 2021, Hezong Tech, Zhejiang Huayou Cobalt Industry Co., Ltd., and the People’s Government of Weng’an County jointly signed an investment cooperation agreement to invest in the construction of an integrated project with an annual output of 300000 tons of battery grade iron phosphate in the Weng’an County Basic Industrial Park. On December 16, 2021, Guizhou Yayou New Materials Co., Ltd. completed its registration with a registered capital of 400 million yuan.

 

The Guizhou Yayou project adopts the mature production process and modular and intelligent factory design of Hunan Yacheng. It is currently an advanced and cost-effective iron phosphate production process in China and is listed as a key project in Guizhou Province. All project equipment adopts automated control, which improves the level of intelligent control in the factory and can achieve energy consumption reduction and production capacity improvement. In December 2022, the first phase of Guizhou Yayou's 100000 ton iron phosphate intelligent factory was completed and put into operation, and the second phase of the 200000 ton iron phosphate project officially started construction.

 

Guizhou Yayou (Phase I)

 

Tianjin Maolian Technology Co., Ltd. is a joint stock company under Hezong Tech. Tianjin Maolian was established in March 2010 with a registered capital of 883 million yuan. It is a national high-tech enterprise specializing in the research and manufacturing of new materials for nickel, cobalt, and copper. Its main products include electrolytic nickel, nickel sulfate, cobalt sulfate, etc. The company is located in Binhai New Area, Tianjin, with a factory area of approximately 450 acres and more than 500 employees.

 

Tianjin Maolian has industry-leading nickel/cobalt/copper alloy smelting technology, which can significantly improve the recovery rate of nickel/cobalt/copper in complex materials, including red alloys, white alloys, nickel cobalt alloys, water extracts, etc; Adhering to the concept of green, circular, and sustainable development, the company has advanced zero discharge technology for wastewater treatment, with a daily processing capacity of 3580m ³, In 2018, it was awarded the title of "National Major Special Demonstration Project for Water Pollution Control and Treatment Technology".

 

Tianjin Maolian

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