Hangyang's main products are various specifications of air separation equipment, liquid equipment, liquefaction equipment, pure nitrogen equipment and ethylene cold boxes with external compression and internal compression processes. It is a leading enterprise in the domestic air separation equipment and cryogenic equipment industry. Hangyang's share in the domestic air separation market has remained above 50%, far ahead of other enterprises in the same industry. With the deepening of research and development, the large and medium-sized air separation plants designed and produced by Hangyang Co., Ltd. tend to be diversified, and the single machine capacity tends to be large. Since the establishment of Hangyang Co., Ltd., the company has sold about 20 sets of air separation plants above "30,000" level, and the first domestic large-scale air separation plant with 50,000 m3/hO2 designed and manufactured by Hangyang Co., Ltd. was successfully started in June 2004.
Hangyang now has total assets of over 6.659 billion yuan and net assets of 2.895 billion yuan. In 20 10 year, the company realized the expected operating income of 4 1 100 million yuan, the order contract of 5 1 100 million yuan, and the net profit of 400 million yuan. Hangyang Co., Ltd. has the ability to design and produce more than 40 sets of large and medium-sized air separation equipment every year, ranking among the major air separation equipment manufacturers in the world. Its large and medium-sized air separation plants have been exported to more than 30 countries.
Hangyang Co., Ltd. is committed to the construction and improvement of quality control system, and has established ISO900 1:2008: 2008 quality system, pressure vessel quality system, ASME quality system and military product quality system respectively, realizing total quality management before, during and after the event. In 20 12, the company won the quality award of Hangzhou municipal government, and in 20 13, the company won the quality award of Zhejiang provincial government in recognition of its leading position in excellent performance management mode.
As a leading enterprise in the domestic air separation equipment industry, Hangyang Co., Ltd. actively explores the international market based on the domestic market. In 2004, Hangyang Co., Ltd. signed a strategic cooperation agreement with messer Group, a world-famous industrial gas producer, to jointly expand the international market, and signed a number of supply contracts for exporting 20,000 m3/h complete argon air separation equipment to Europe, which was the first time that a large-scale air separation equipment from China entered Europe on a large scale. On 20 1 1 year, Hangyang Co., Ltd. undertook four sets of export contracts for 60,000m3/h air separation equipment and120,000m3/h air separation equipment exported to Iran.
The company actively explores the gas market business, and has successively invested and put into production 18 gas companies, with a cumulative investment of more than 3.5 billion yuan.