Huichuan Technology is a company with Huawei genes. Huawei 200 1 Sell Power Department (AXA Electric). Zhu Xingming, then director of AXA inverter product line, chose to leave shortly after the sale, and formally founded Huichuan Technology in 2003. Among the nine founders of Huichuan Technology/KLOC-0, there are 16 people with Huawei's working background. The company was listed on GEM on 20 10, and it is a leading industrial automation company in China.
The company's business mainly involves five major sectors: ① general automation business; ② Elevator electrical supporting business; ③ New energy vehicle business; ④ Industrial robot business; ⑤ Rail transit business.
The first two general automation and elevator electrical supporting businesses account for a relatively large proportion, accounting for about 1/3 of the revenue respectively, contributing nearly 90% of the gross profit, and are the main cash flow businesses. Among them, the general automation industry has a certain periodicity, because the downstream industries are manufacturing users from all walks of life, including lithium batteries, photovoltaics, semiconductors, LEDs, 3C, cranes, building materials, metallurgy and so on. , extensive and scattered, closely related to the macro-economy, and basically synchronized with the growth rate of fixed assets investment in manufacturing. When the downstream investment is active, the investment in automation equipment is more; Elevator business has a high correlation with real estate fixed assets investment and completion rhythm.