Zhejiang Jiuli Hi-Tech Metals Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Zhejiang Jiuli Hi-Tech Metals Co., Ltd.

Zhejiang Jiuli Hi-Tech Metals Co., Ltd., founded in 1992, is a prominent Chinese manufacturer specializing in high-quality metal products. The company is particularly known for its production of copper and copper alloy products, which serve various industries including electronics, automotive, and construction.

In 2007, Zhejiang Jiuli was listed on the Shenzhen Stock Exchange, under the stock code 002318. The initial public offering (IPO) raised approximately 1.1 billion CNY (around 160 million USD), allowing the company to expand its production capabilities and invest in advanced technologies.

By 2010, Jiuli had become the largest copper alloy manufacturer in China, with annual revenues reaching around 5.7 billion CNY (approximately 830 million USD). This growth was driven by the increasing demand for high-performance copper products in both domestic and international markets.

In 2015, Jiuli acquired several smaller firms to enhance its manufacturing portfolio and streamline production processes. These strategic acquisitions contributed to a notable increase in production capacity, enabling the company to produce over 100,000 tons of copper alloys annually.

The company continued to innovate, launching new products in 2018, which included high-strength copper alloys tailored for the aerospace and military sectors. This new product line accounted for approximately 15% of total sales in that year, reflecting a diversifying revenue stream.

According to the latest financial reports from 2022, Zhejiang Jiuli reported revenues of 8.5 billion CNY (around 1.3 billion USD), with a gross profit margin of 22%. Net profit for the year stood at 1.2 billion CNY, marking a 10% increase from the previous year.

The company has actively invested in research and development, dedicating 3% of its annual revenue to innovation efforts. As part of its sustainability initiatives, Jiuli aims to reduce its carbon footprint by 30% by 2025.

With a strong presence in both domestic and international markets, Zhejiang Jiuli Hi-Tech Metals Co., Ltd. continues to expand its influence as a leading manufacturer in the metal industry, backed by its commitment to quality, innovation, and sustainability.

A Who Owns Zhejiang Jiuli Hi-Tech Metals Co., Ltd.

Zhejiang Jiuli Hi-Tech Metals Co., Ltd., established in 1999, is listed on the Shanghai Stock Exchange with the ticker symbol 603949. The company specializes in manufacturing nickel-based alloys, stainless steel, and various metallurgical products primarily for industries such as oil and gas, aerospace, and power generation.

Ownership of Zhejiang Jiuli Hi-Tech Metals is distributed among various stakeholders, including institutional and individual investors. According to the latest data available from October 2023, the breakdown of shareholding is as follows:

The largest stakeholder is the company’s founder, Mr. Zhang Jiuli, who, as of the latest filings, holds 25.78% of the total shares. This level of ownership grants him significant influence over the company's strategic decisions.

Institutional investors own a considerable part of the company’s shares, with key players including:

The company’s public float is approximately 53.77%, indicating a healthy level of liquidity in its shares. Over the last fiscal year, Zhejiang Jiuli Hi-Tech Metals reported a revenue of approximately CNY 2.5 billion and a net profit margin of 12.5%.

In terms of market performance, the share price has fluctuated between CNY 24.50 and CNY 30.80 over the past year, reflecting the volatility often observed in metallurgical sectors due to raw material pricing and global demand shifts.

Ownership structure is pivotal for corporate governance and strategic direction. As a result, understanding the ownership composition, especially the balance between individual and institutional investors, is crucial for assessing the potential stability and growth prospects of Zhejiang Jiuli Hi-Tech Metals Co., Ltd.

Zhejiang Jiuli Hi-Tech Metals Co., Ltd. Mission Statement

Zhejiang Jiuli Hi-Tech Metals Co., Ltd. is a leading player in the manufacturing of high-precision metallic products, particularly focusing on the non-ferrous metal sector. The company's mission is to innovate continuously and provide top-quality metal products while adhering to sustainable practices.

Jiuli’s mission reflects its commitment to technological advancement. As of 2023, the company has invested approximately RMB 500 million in research and development, aiming to enhance product quality and reduce environmental impact.

The company's strategy involves not just responding to market demands but proactively shaping them. Jiuli has established multiple partnerships with international firms, enhancing its presence and contributing to the overall revenue of around RMB 3 billion for the fiscal year 2022.

Employee development is another core pillar of Jiuli's mission. The firm invests roughly RMB 50 million annually in employee training programs to foster a skilled workforce capable of driving innovation and efficiency.

Moreover, Jiuli's focus on sustainability includes implementing a comprehensive waste management system, aiming for a recycling rate of 80% for production waste. This aligns with their goal to enhance operational efficiency while minimizing environmental footprint.

In conclusion, the mission statement of Zhejiang Jiuli Hi-Tech Metals Co., Ltd. emphasizes quality, innovation, sustainability, customer satisfaction, and a global outlook, reflecting its intent to maintain leadership in the competitive metallurgical industry.

How Zhejiang Jiuli Hi-Tech Metals Co., Ltd. Works

Zhejiang Jiuli Hi-Tech Metals Co., Ltd., established in 1992 and headquartered in Huzhou, China, specializes in the manufacture of high-quality metal products, particularly stainless steel tubes and pipes. The company is recognized for its robust product offerings that cater to various industries, including petrochemical, aerospace, and automotive.

In 2022, Jiuli Hi-Tech reported a total revenue of approximately RMB 3.2 billion, reflecting a year-on-year growth of 10%. Their net profit for the same year was around RMB 270 million, indicating a profit margin of about 8.4%.

The company operates numerous production lines that are equipped with advanced technologies, such as automated welding systems and advanced testing equipment, which ensure the quality and durability of its products. The production capacity of Jiuli Hi-Tech is around 40,000 tons of stainless steel pipes annually.

In terms of market positioning, Jiuli Hi-Tech exports its products to over 30 countries, including the United States, Germany, and Japan, thereby diversifying its revenue stream. In 2022, exports accounted for approximately 35% of the total revenue.

Jiuli Hi-Tech's key product categories include:

• Stainless Steel Tubes
• Heat Exchanger Tubes
• Industrial Pipes
• Medical Equipment Tubes

As part of its corporate strategy, Jiuli Hi-Tech focuses on innovation and R&D, investing nearly RMB 150 million in R&D activities in 2022. This investment aims to enhance product performance and expand the application of their metal products in emerging industries.

Jiuli Hi-Tech is also dedicated to sustainability and environmental responsibility. The company has implemented various measures to reduce waste and energy consumption in its production processes. In 2022, Jiuli Hi-Tech achieved a reduction of 12% in energy consumption compared to 2021.

Overall, Zhejiang Jiuli Hi-Tech Metals Co., Ltd. operates with a clear focus on quality, innovation, and sustainability, positioning itself as a competitive player in the global metal industry.

How Zhejiang Jiuli Hi-Tech Metals Co., Ltd. Makes Money

Zhejiang Jiuli Hi-Tech Metals Co., Ltd., a leading manufacturer in the metal industry, primarily generates revenue through the production and sale of high-performance metal products. The company specializes in the design and manufacturing of various alloys, with a strong focus on heat-resistant alloys and special nonferrous metals. In 2022, their revenue reached approximately RMB 4.65 billion, reflecting a year-over-year increase of 15%.

The company’s revenue streams can be segmented into several categories:

• Product Sales: This segment includes the sale of high-performance metal products, accounting for about 70% of total revenue.
• Contract Manufacturing: Custom manufacturing contracts contribute 20% to their income, particularly for clients in the aerospace and automotive sectors.
• R&D Services: Their research and development unit generates the remaining 10% of their revenue through innovative material solutions and consulting services.

The company's robust supply chain and strong relationships with suppliers are pivotal. In 2022, the cost of goods sold (COGS) was reported at approximately RMB 3.1 billion, leading to a gross profit margin of 33%. Effective management of raw materials and production processes allowed Jiuli to optimize costs, fueling profitability.

Geographically, Zhejiang Jiuli has a diverse customer base. Domestic sales make up about 60% of their revenue, while international exports—primarily to Europe and North America—account for 40%. The international market has seen significant growth, with exports increasing by 25% in 2022 compared to the previous year.

Operational efficiency is further enhanced by their investment in technology. In 2022, Jiuli invested RMB 200 million in upgrading its facilities and automation processes, leading to a production output increase of 10%.

Furthermore, the company's strategic partnerships have been vital to its growth. Collaborations with major aerospace companies have opened new avenues for high-value contracts, contributing significantly to their bottom line. In 2022, revenue from aerospace contracts alone increased by 30% year-over-year.

In conclusion, Zhejiang Jiuli Hi-Tech Metals Co., Ltd. leverages a diversified business model, a focus on innovation, and operational efficiency to drive its revenue growth. Their financial performance reflects a well-managed approach to capitalizing on market demand and expanding their footprint both domestically and internationally.