Hengxing Group Co., Ltd. is a multi industry, comprehensive enterprise group that integrates the production and operation of papermaking machinery, electromechanical equipment, large-scale casting, motor bearings, and other industries linked by capital and machinery manufacturing industry chains. It is a large-scale township enterprise group approved by the former Ministry of Agriculture in China. At present, it has multiple enterprises including Shandong Hengxing Co., Ltd., Baichuan Hengxing (Zibo) Paper Machinery Co., Ltd., Shanghai Yongfusito Paper Technology Co., Ltd., Hengxing Group Shenzhen Branch, Zibo Hengxing Bearing Co., Ltd.
With the continuous deepening of the market economy, in recent years, the company has increased its promotion efforts in accordance with its development positioning, focusing on major projects, key projects, and the requirements of the "Ten New Breakthroughs". It has always adhered to the principle that development is the top priority, continuously pursued technological progress and fine management, and strengthened internal reform and innovative development as strategic goals. Adhere to the path of new industrialization, enhance internal strength, promote reform, strengthen management, focus on efficiency, improve development concepts, and build brand factories.
According to the needs of enterprise transformation and upgrading, Hengxing Group is committed to building an advanced manufacturing base and enterprise development platform, relying on Shandong Hengxing Co., Ltd.'s domestically first-class and fully equipped large-scale CNC machining centers and mechanical equipment capabilities. In recent years, through joint ventures, collaborations, and other means, companies such as Mitsubishi Heavy Industries in Japan and Daejin in South Korea have been attracted to increase their partnerships and cooperation efforts, forming a development pattern of enterprise groups that learn from each other, connect and support each other, and promote each other.
Facing new development opportunities and challenges, Stellar Group advocates technological innovation and quality driven enterprise development as its development philosophy, with open and cooperative development as its core, and manufacturing high-end products and improving equipment as its main focus. Efforts will be made to build large-scale papermaking machinery and high-precision bearings into a domestically competitive manufacturing base, making new contributions to the transformation and upgrading of the city's industry and economic and social development.