Tongwei Co Ltd (Tongwei) is an agricultural science and technology company specializing in the production and distribution of feedstuffs. It is actively involved in food processing, cultivation and the manufacturing of animal drugs. Additionally, the company conducts research and development, as well as the manufacturing and distribution of polysilicon and solar cells. With a focus on animal feed, it is a leading global enterprise in the production of aquatic feeds, livestock feeds, and poultry feeds. Tongwei also promotes green agriculture and green energy initiatives. In the field of new energy, it has established a vertically integrated photovoltaic (PV) enterprise, encompassing the production of high-purity crystalline silicon, high-efficiency solar cells and the construction and operation of PV power stations. The company offers various services, including real estate, property management, and media services. Its client base primarily consists of fishery, feed, green aquaculture, and food processing industries. It distributes its products in the domestic market and overseas markets. Tongwei is headquartered in Chengdu, Sichuan, China.
Headquarters
China
Address
No.11 South Four Section, 2nd Ring Road, Chengdu, Sichuan, 610041
Website
www.tongwei.com.cn
Telephone
86 28 86168555
No of Employees
41,214
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
600438 (SHA)
Revenue (2021)
$21.2B
119.7%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
217.3%
(2021 vs 2020)
Market Cap*
$14.9B
Net Profit Margin (2021)
XYZ
44.4%
(2021 vs 2020)
* As of and is in US$
Tongwei Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Aquatic Feed | Real Estate | Tongwei |
| Livestock and Poultry Feed | Property Management | |
| Aquatic Seed | Media Services | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company signed an agreement with KONCAR for the construction of a 13.54 MW power station in Dugopolje, Croatia that is owned by Hrvatska Elektroprivreda |
| 2023 | Contracts/Agreements | In December, the company along with Astronergy, Canadian Solar, Risen Energy, TCL Zhonghuan, and Trina Solar set up the 700W+ Photovoltaic Open Innovation Ecological Alliance to enter into a PV 700W+ era. |
| 2023 | Contracts/Agreements | In February, Tongwei and China National Machinery Imp. & Exp Corp entered into a strategic cooperation agreement. |
Competitor Comparison
| Key Parameters | Tongwei Co Ltd | LONGi Green Energy Technology Co Ltd | Xinjiang Daqo New Energy Co Ltd | Jiangxi Zhengbang Technology Co Ltd | COFCO Joycome Foods Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Chengdu | Xi'An | Shanghai | Nanchang | Beijing |
| State/Province | Sichuan | Shaanxi | Shanghai | Jiangxi | Beijing |
| No. of Employees | 41,214 | 60,601 | 6,113 | 7,985 | 9,707 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liu Shuqi | Chief Executive Officer; Chairman | Executive Board | 2023 | 34 |
| Zhou Bin | Chief Financial Officer | Senior Management | 2019 | 55 |
| Yan Hu | Vice Chairman | Executive Board | 2016 | 59 |
| Li Bin | Vice President | Senior Management | 2022 | 57 |
| Zhang Lu | Vice President; Director - Technology | Senior Management | 2017 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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