Jiangsu Huahong Technology Co Ltd. Stock Analysis 002645.SZ

Jiangsu Huahong Technology Stock Co., Ltd. engages in the manufacture and sale of processing equipment for recycling resources and escalator components. The company is headquartered in Wuxi, Jiangsu and currently employs 3,060 full-time employees. The company went IPO on 2011-12-20. The firm operates its businesses through six segments. The Recycling Equipment Sales segment engages in sales of equipment such as metal crushing. The Elevator Parts segment engages in research and development, manufacturing and sales of elevator safety parts. The Waste Recycling Processing and Trading segment engages in scrap steel processing and other businesses. The Rare Earth Resources Comprehensive Utilization segment recycles and utilizes the scraps of rare earth permanent magnet materials and others. The Magnetic Materials Sales segment engages in research and development, production and sales of rare earth permanent magnet materials. The Investment Management segment engages in investment management business. The firm mainly operates its businesses in the domestic and overseas markets.