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Guizhou Taiyong-Changzheng Technology Co.,Ltd. (China)

Main Activities: Electrical Equipment Manufacturing
Full name: Guizhou Taiyong-Changzheng Technology Co.,Ltd. Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Guizhou Taiyong-Changzheng Technology Co., Ltd. (brand abbreviation "TYT") is a listed company on the Shenzhen Stock Exchange (code: 002927). The company is located in Zunyi and specializes in providing safe and reliable intelligent solutions and services for power transformation, distribution, and charging. They aim to become a leader in smart IoT electrical and energy efficiency management. TYT focuses on the high-end market of China's low-voltage electrical industry and emphasizes independent innovation and research and development. They have established a leading low-voltage electrical testing center and possess multiple core patented technologies in the field. TYT has also led or participated in the revision of several national and industry standards. The company has received various honors, including "China's Most Influential Brand in the Electrical Industry," "Top Ten Well-known Brands for Quality Improvement in China's High and Low Voltage Switchgear Industry," "Excellent Innovative Brand in Guizhou Province," and "Innovative Enterprise in Guizhou Province." TYT has modern manufacturing bases in Zunyi and Chongqing. They are actively building strategic product lines based on intelligent transformers, dual power supplies, and circuit breakers. Through the TYT Future intelligent cloud management platform, they aim to create a smart IoT ecosystem and provide safe and reliable solutions for industries such as rail transportation, data communication, public buildings, industrial manufacturing, new energy, power grids, and smart buildings. TYT has established a nationwide marketing and service network and has started expanding into emerging overseas markets such as Southeast Asia. Their products have been widely used in major national and provincial projects, including the Beijing Olympics, Shanghai World Expo, Guangzhou Asian Games, Beijing Capital International Airport, China Mobile Data Center, and Shenzhen Stock Exchange. The company is a core component supplier in the rail transportation field and maintains long-term stable partnerships with power companies such as State Grid and Southern Power Grid. They are also strategic partners and high-quality suppliers for top 100 real estate companies such as China Overseas, Longfor, Xuhui, Jinko, Yuexiu, Baolong, and Country Garden. TYT adheres to the corporate spirit of "democracy, pragmatism, innovation, and win-win" and the mission of "making electricity change human life and providing efficient energy services to society." They are committed to innovation-driven development and sustainable development, continuously leveraging their industry leadership to enable global power users to achieve digital transformation and carbon neutrality strategies.

Headquarters
The middle section of Wuhan Road, Waigaoqiao Industrial Park, Huichuan District, Zunyi City, Guizhou Province
Zunyi; Guizhou; Postal Code: 518000

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Website: http://www.tyt.net

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 07, 2008
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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51.57%
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6.52%
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1.3%
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0.84%
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0.28%
Subsidiaries
Chongqing Taiyong Electric Engineering Co., Ltd.
100%
Guizhou Changzheng Switch Manufacturing Co., Ltd.
100%
Guizhou Taiyong Smart Energy Technology Co., Ltd
100%
Company Performance
Financial values in the chart are available after Guizhou Taiyong-Changzheng Technology Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-15.61%
Total operating revenue
-14.78%
Operating profit (EBIT)
-35.48%
Net Profit (Loss) for the Period
-35.5%
Total assets
12.37%
Total equity
0.22%
Operating Profit Margin (ROS)
-2.66%
Net Profit Margin
-2.58%
Return on Equity (ROE)
-2.88%
Debt to Equity Ratio
9.91%
Quick Ratio
-0.18%
Cash Ratio
0.01%

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