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Trades about 65% below its sector, cheaper than its peers on earnings.
Yutong Heavy Industries Co.,Ltd., established in 1992 and based in Zhengzhou, China, was formerly known as Xi'an Hongsheng Technology Co., Ltd. The company is primarily involved in the research, development, production, and distribution of environmental sanitation equipment throughout China, focusing on cleaning, waste collection, and transfer solutions. Complementing its product offerings, Yutong Heavy Industries provides a comprehensive array of urban environmental management services. These services include road cleaning, garbage collection and transportation, municipal facility oversight, landscaping maintenance, property services, public toilet management, waste classification and renewable resource initiatives, and river water purification. Furthermore, the company extends its expertise to the design, manufacturing, sale, and servicing of heavy construction machinery, such as rotary drilling rigs, dynamic compaction machines, crawler cranes, and bridge inspection vehicles. Innovating within this sector, Yutong Heavy Industries also focuses on developing and supplying specialized electric mining vehicles, unmanned mining vehicles, and advanced electric and extended-range electric rotary drilling rigs.
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