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Billion-dollar hydraulic leader suddenly involved, chairman placed under detention
Reporter丨Zeng Jingjiao
Editor丨Jiang Peixia
On the evening of March 20, the A-share hydraulic giant Hengli Hydraulic (601100.SH) announced that it had recently received a notification from its actual controller and chairman Wang Liping’s family, stating that he received a “Notice of Case Filing” and a “Notice of Detention” issued by the Jiangsu Provincial Supervisory Commission, and Wang Liping has been detained.
Public information shows that Hengli Hydraulic was established in 2005 and is a company specializing in the production of hydraulic components and hydraulic systems. The company’s products include high-pressure cylinders, high-pressure plunger pumps, hydraulic valves, industrial valves, hydraulic systems, hydraulic test benches, and high-precision hydraulic castings. The products are mainly used in excavators, shield machines, port machinery, and aerial work platforms.
Wang Liping has served as the chairman and director of the company since August 8, 2010. He was born in 1966 and currently has a salary of 1.3044 million yuan.
Hengli Hydraulic’s third-quarter report for 2025 shows that in the first three quarters, the company achieved total operating revenue of 7.79 billion yuan, an increase of 12.31% year-on-year; the net profit attributable to the parent company was 2.087 billion yuan, an increase of 16.49% year-on-year. During the reporting period, Hengli Hydraulic’s basic earnings per share were 1.56 yuan, and the weighted average return on net assets was 12.34%.
On March 20, Hengli Hydraulic’s stock price closed at 99.67 yuan, with a total market value of 133.6 billion yuan.
Massive information and precise interpretation are all available in the Sina Finance APP
Editor: Liu Wanli SF014