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Chen Hsong
Chen Hsong Holdings Limited (Chinese: 震雄集团) is a manufacturer and supplier of plastic injection moulding equipment and systems. The company was established by Dr. Chiang Chen in a small village workshop in Hong Kong in 1958. The following half-century has been a period of growth and expansion both locally and internationally. Today Chen Hsong has a customer base covering more than 80 countries worldwide including China,[1] Taiwan,[2] the United States,[3] Canada, France, the United Kingdom, Brazil,[4] Argentina, Mexico and most Southeast Asian countries.[5] Product and sector placementChen Hsong is primarily a developer, manufacturer and supplier of injection moulding machines, and manufactures a wide variety of equipment with clamping forces ranging from 20 to 6,500 tons, and injection rates between 28.4g and 106 kg capacity. They can provide mold machining and auto-molding systems as well as bespoke solutions for specific applications. Chen Hsong's core business is the production and operation of injection moulding machinery, precision moulds, hydraulic proportional valves, and servo valves. They also carry out servicing and related parts supply for these products and offer production support, operation of preforms, and equipment leasing of injection moulding machines. Chen Hsong is a significant supplier of injection moulding equipment. Bloomberg have identified the company as one of the two 'key players' in the injection molding machine market in the Asia-Pacific region.[6][7] Chen Hsong supply over 15,000 machines each year, and their Chinese subsidiary is individually ranked as the second most significant injection moulding machine brand in China after Haitian Plastic Machinery Group.[8] In 2018 the company started cooperative ventures with US distributors with the intention of increasing sales in the US market,[9] but along with many other manufacturing companies with strong Chinese connections progress was impacted by the subsequent imposition of trade tariffs by then President Donald Trump.[10] Research and developmentThe company invests significantly in Research and Development, and this includes ensuring compliance with national and international standards. Products supplied in the EU all conform to EU regulation both for safety and also to maximise cross-compatibility of peripherals and accessories.[11] Service and supportAcross Europe Chen Hsong has agents in 23 countries to provide a local sales, service and support network.[12] In North America relationships with distributors have been established along the lines of joint ventures since 2018 to ensure reliable long-term service arrangements.[13] Local support and service networks in China are available 24 hours a day, every day of the year.[14] History
PhilanthropyIn 1990, Dr. Chiang Chen donated all his shares in Chen Hsong Group to finance philanthropic activities through The Chiang Chen Industrial Charity Foundation, focused on industrial and economic education and training, and to support improvements in manufacturing technology.[17] In addition the company has made donations to specific causes that have affected the families of people living locally to their business operations: 2008 Donates the sum of HK$10 million for the magnitude 8.0 earthquake that severely hits China's Sichuan province. 2020 Donates Anti-COVID-19 Resources to Hospital Authority of Hong Kong.[18] Awards and recognition
Financial and corporate informationChen Hsong has approximately 2,300 employees and has been listed on the Hong Kong stock exchange since 1991 (57:HK).[20] Executives and board membersThe current chairman, CEO and executive director is Chiang Lai Yuen(Chinese: 蔣麗苑), who commenced in post in April 2018, succeeding her father, Chiang Chen.[21][22] Hau Leung Chung "Stephen" has been Chief Officer:Strategy/Executive Director since April 2003 [23] and Chi Ngai Chan "John" has been Company Secretary since his appointment in December 2016.[24] Board Members include Chiang Lai Yuen of Chen Hsong Holdings, Lee Tze Hau "Michael," and Chan Charnwut "Bernard" of Asia Financial Holdings Ltd.[25] References
External links Wikimedia Commons has media related to Chen Hsong Holdings Limited.
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