Hengsheng Energy Co Ltd. Stock Analysis 605580.SS

Hengsheng Energy Co., Ltd. engages in the production and supply of steam and hot water. The company is headquartered in Quzhou, Zhejiang and currently employs 510 full-time employees. The company went IPO on 2021-08-19. The firm mainly operates three businesses. The combined heat and power business is primarily engaged in the supply and sale of steam and electricity. The solid waste resource utilization business is mainly engaged in producing and selling recycled bottle flake products. The chemical vapor deposition (CVD) diamond business is mainly engaged in producing monocrystalline and polycrystalline diamonds, with end products mainly including lab-grown diamonds, heat sinks and diamond cutting tools. The firm mainly operates its businesses in the domestic market.