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HYL Electric
Chinese digital welding and industrial automation equipment manufacturer
About HYL Electric
Shenzhen Huayilong Electric Co., Ltd., also known as HYL Electric, is a Chinese manufacturer specializing in digital welding equipment and industrial automation solutions. The company was established in 2003 and is headquartered in Futian, Guangdong. The firm, founded by Laixi Wang, integrates research and development, manufacturing, sales, and service for its product lines.
HYL Electric offers a wide array of products, including digital inverter welding machines, inverter DC manual and argon arc welding machines, and plasma cutting machines, with over 200 product variations. The company is a significant player in China's digital welding equipment sector and has a strong focus on R&D, holding over 80 national patents. It serves a diverse clientele across industries such as construction, automotive, shipbuilding, and metal processing. The company has established a marketing network that spans more than 30 countries and includes over 500 domestic distributors. HYL Electric is publicly traded on the National Equities Exchange and Quotations (NEEQ) under the ticker 831365.
Significant milestones include being recognized as a "National High-Tech Company" and securing supplier qualifications for major corporations like China National Offshore Oil Corporation (CNOOC) and BYD Auto. The company has also established a substantial industrial park in Huizhou to support its manufacturing and development activities.
Source: Dealroom company dataAt a glance
- Founded
- 2004
- Headquarters
- Shenzhen, China
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
UMC Capital
Source: Dealroom Talent Intelligence.
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