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Rendong Holdings Co.,Ltd. (China)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Rendong Holdings 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

Rendong Holdings Co., Ltd., located in Chaoyang, is a large comprehensive supplier of enameled wire products in China. The company specializes in the research, development, production, and sales of enameled wire, high-precision copper tubes, and other copper materials. Their enameled wire products are recognized as "China Famous Brand" and their "Honglei" trademark is a well-known brand in China. Rendong Holdings has undertaken six national key projects and seven provincial key technology projects. They hold 20 patents and have assisted in drafting multiple national standards for the industry. The company has filled a domestic gap by independently developing advanced technology for seamless high-fin copper tubes using a three-roll cold rotary rolling process. Rendong Holdings is a member of the China Machinery Industry Federation, the China Nonferrous Metals Industry Association, and serves as the vice chairman unit of the China Nonferrous Metals Processing Industry Association. The company has been honored with titles such as "Top 500 Manufacturing Enterprises in China," "Top 100 Manufacturing Enterprises in Zhejiang Province," "Top 10 Chinese Industries with Independent Innovation Capability," and "China's Most Competitive Enterprise in the Electrical Industry." In order to promote the company's industrial transformation and upgrading, reflect the characteristics of its main business, facilitate the development of third-party payment and other related financial technology businesses, and establish a new corporate image, the company changed its name from "Zhejiang Honglei Copper Industry Co., Ltd." to "Minsheng Jinko Holdings Co., Ltd." on March 23, 2017. On August 1, 2018, the company changed its name to "Rendong Holdings Co., Ltd."

Headquarters
809, Building 2, Century Fortune Center, No. 5 Guanghua Road, Chaoyang District, Beijing, 40th Floor, Yuexiu Financial Building, No. 28 Zhujiang East Road, Tianhe District, Guangzhou City, Guangdong Province
Chaoyang; Liaoning; Postal Code: 100020;510310

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Website: http://www.rendongholdings.com

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:
July 24, 1998
Key Executives
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Chairman of the Supervisory Board
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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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10.63%
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8.63%
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1.95%
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1.94%
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1.01%
Subsidiaries
Beijing Rendong Technology Co., Ltd.
100%
Gongqingcheng Rendong Investment Management Co., Ltd.
100%
Guangzhou Heli Technology Service Co., Ltd.
100%
Company Performance
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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
-30.2%
Total operating revenue
-30.2%
Operating profit (EBIT)
-39.73%
Net Profit (Loss) for the Period
-10.97%
Total assets
10.34%
Total equity
-2.04%
Operating Profit Margin (ROS)
-5.53%
Net Profit Margin
-5.61%
Return on Equity (ROE)
-14.97%
Debt to Equity Ratio
-0.54%
Quick Ratio
0.07%
Cash Ratio
0.08%

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