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Trades about 42% below its sector, cheaper than its peers on earnings.
Jiangsu Rainbow Heavy Industries Co., Ltd. operates globally, focusing on two main business areas: the production of industrial equipment and the provision of environmental protection and energy-saving services. In its equipment division, the company manufactures a wide array of products, such as material handling systems (with its cranes marketed under the GENMA brand), components for offshore wind power, various marine equipment, automated parking systems, and specialized engineering vessels. Furthermore, its environmental services encompass the treatment and disposal of hazardous, medical, and sludge waste. The company also offers solutions aimed at promoting energy conservation and recycling. Established in 2003, Jiangsu Rainbow Heavy Industries has its headquarters situated in Nantong, China.
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