The predecessor of the company, "Hengshun Machinery Factory", was founded in 1895. It is now affiliated with Chongqing Machinery & Electric Holding (Group) Co., Ltd., a Fortune China 500 enterprise, and is a core enterprise under Chongqing Machinery & Electric Co., Ltd., a Hong Kong-listed company (02722.HK).
The company mainly designs, develops and manufactures various complete sets of hydro-generator units and power station control equipment, large and medium-sized pumps, large and medium-sized motors and light rail supports, and has system integration capabilities for engineering general contracting and industrial services. Since producing China's first water turbine in 1938, the company has provided more than 6,000 sets of hydro-generator units, large and medium-sized pump sets and technical services to more than 3,000 power stations and pumping stations at home and abroad. Its products are sold to more than 40 countries around the world, and the total number of power stations served and the number of unit sets provided rank first in China.
The company has a complete system for R&D, manufacturing, testing and inspection, and service. It owns more than 200 patented technologies, including more than 30 invention patents; it has more than 150 large-scale high-precision and advanced equipment; it has passed China CQC and Lloyd's Register quality system certification; its experimental testing center has obtained CNAS accreditation. It has been named a national-level technology center by five national ministries and commissions; a national specialized and sophisticated "little giant" enterprise (with award medal image), a "National Intellectual Property Demonstration Enterprise", listed among Chongqing's "Top Ten Enterprise Design Centers", and a Chongqing innovative small and medium-sized enterprise. In 2018, it was named a Chongqing postdoctoral workstation, completed a digital workshop for manufacturing core components of ultra-high-head Pelton turbines, and has experimental testing facilities and equipment such as a motor test station, insulation laboratory, physical and chemical analysis laboratory, and testing and metrology center. The company's overall process level, core manufacturing capability and core testing and inspection capability are at the leading level in China.
The company has created many firsts, including "China's first water turbine", "China's first shaft-extension tubular unit", "China's first bulb tubular unit", "Asia's highest-head Pelton hydro-generator unit", and "China's largest vertical metal spiral casing closed mixed-flow pump". Among them, high-head Pelton and high-head Francis hydroelectric products are at the leading level in the same industry in China, and it is a leading brand service provider in China's small and medium-sized hydropower complete equipment integration and engineering services.
The company practices the new development philosophy, adheres to the core values of "seeking truth and innovation, integrity and win-win", and strives to build "Century-old Chongqing Water Turbine, World Brand"!
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