It mainly manufactures kinds of Scrap Metal Baler, Shear, Scrap Metal Shredder, Waste Automobile Dismantling Equipment, Non-metal Baler, Compactor and the Complete Production Line of Household Garbage. The products are used in the National Circular Economy Park, National Urban Renewable Resource Base, Steel and Nonferrous Metal enterprise, Waste Steel Processing Center (Base) and Household Garbage Processing Center.

Post-mortem Review Builds Momentum for a New Chapter; Concrete Action Ensures Annual Success | Huahong Technology Group Holds 2026 Half-Year Special Review Meeting

    As the peak of summer marks the ideal time for striving forward, uniting our efforts and putting action into practice heralds a new chapter. In July, Huahong Technology Group convened its semi-annual operational analysis meeting. Representatives from all business units and functional departments conducted a thorough, item-by-item review of their annual targets, comprehensively assessed their operational performance, management effectiveness, and key achievements for the first half of the year, and conducted in-depth analyses of existing weaknesses and shortcomings. By summarizing past experiences, identifying gaps, and defining concrete measures, the company has laid a solid foundation for achieving significant breakthroughs in the second half of the year.

    In the first half of the year, all business segments and departments within the Group performed their respective roles while working in synergy: the Renewable Resources Equipment Segment focused on strengthening its core business, enhancing quality and efficiency, and continuously consolidating its core industrial advantages; the Elevator Components Segment steadily implemented lean production practices and accelerated the development of its second growth curve; the Rare Earth Resources Comprehensive Utilization Segment achieved steady growth in both revenue and profit, successfully meeting its "half-year, half-completed" target; the Rare Earth Magnetic Materials Segment saw iterative upgrades in product performance, with key projects progressing steadily; the Renewable Resources Operations Segment demonstrated significant benefits from refined management practices, effectively reducing operating costs; meanwhile, all functional departments continued to deepen group-wide governance and compliance-driven operations, providing targeted support to frontline business units.

    The second half of the year represents a critical phase for achieving the annual objectives. All business units within the Science and Technology Group will use this mid-year review as a new starting point, closely monitor their key annual operational indicators, reinforce accountability at every level, refine measures item by item, and make every effort to address weaknesses, strengthen underperforming areas, and sprint toward the annual targets. All employees will unite their efforts and put their commitment into action—through continuous optimization of the industrial structure, enhanced innovation-driven growth, and strict adherence to compliance requirements—to steadily solidify the foundation for development. With a determined and decisive approach, they will charge forward with full momentum, driving the Science and Technology Group toward steady progress in high-quality development, achieving even greater success and making new milestones.