In June 2008, with the approval of China Securities Regulatory Commission, it was successfully listed on the small and medium-sized board of Shenzhen Stock Exchange. The company has employees 1500, including engineers/technicians 140 and professional managers 130. The enterprise covers an area of 240,000 square meters, with a building area of160,000 square meters. By the end of 2008, the company had total assets of 850 million yuan, net assets of 540 million yuan, sales income of 420 million yuan and net profit of 5410.2 million yuan. The development direction of the company's main business is to replace imports, focusing on developing high-speed, high-precision, multi-axis, compound, large-scale and heavy-duty CNC machine tools, grasping the urgent demand for large-scale, heavy-duty and precision machine tools in China's energy, transportation, shipbuilding, machinery, metallurgy, aerospace, military industry and other industries, realizing the leap of the company's scale and industry status, and making contributions to getting rid of dependence on large-scale and precision machine tools in China.
Since its establishment, the company has adhered to the development path of independent innovation, and has always regarded the scientific research and development of high and new technologies as the basis and key for enterprises to maintain rapid development. Through independent research and development, cooperative development, introduction and digestion. Has a number of patents and proprietary technologies with international advanced or domestic leading level. The company has been rated as a high-tech enterprise in Shandong Province, an advanced enterprise with independent innovation in Weihai City, and a key high-tech enterprise under the National Torch Plan. The company's technology center is recognized as "provincial technology center".
On June 5438+ 10, 2009, Weihai Huadong Heavy Industry Co., Ltd. was established as a joint venture with German Heath Zhuang Ming Co., Ltd., with a registered capital of150,000 USD, of which east china numerical control accounted for 75% and Heath Zhuangming accounted for 25%. Cooperate in designing and manufacturing large-scale precision machine tools and power generation equipment parts processing projects. The company covers a total area of 330,000 square meters, and plans to build a new factory building and ancillary facilities of 200,000 square meters. The project is planned to be implemented in two phases. The newly-built workshop and supporting facilities in the first phase are 50,000 square meters, with a maximum lifting capacity of 500 tons and a maximum lifting capacity of 35.8 meters, using double-deck cranes. The whole project is expected to be completed by the end of 20 10.
Based on the domestic market, relying on national key projects and aiming at replacing imports, the company has achieved rapid and steady development. On the one hand, the company adjusted its production capacity structure, on the other hand, it implemented two-way extension, invested in Rongcheng Hong Jiu Casting and Forging Co., Ltd. and established East China Heavy Industry Co., Ltd. as a joint venture. Initially formed an industrial chain picture of getting through upstream raw materials, midstream machine tools and equipment, downstream parts processing and complete sets of equipment, and opened up a new road from machine tools to heavy machinery.