1. Company Profile
Shimge Pump Industry Group Co., Ltd., established in 1984 in Daxi Town, Wenling City of Zhejiang Province, the center of Chinese water pump industry, is a listed joint-stock company specialized in the production and operation of pumps and control equipment. In the past three decades, it has been focusing on the technical research, production and marketing of pump products and control equipment, and has been devoted itself to providing the best pumps and water treatment system solutions for the world. Currently, the company has five business divisions (including submersible pump, surface pump, well pump, canned motor pump and stainless steel pump), six production bases and ten holding subsidiaries. On December 31, 2010, SHIMGE landed on the A-share market, and was successfully listed on Shenzhen Stock Exchange (stock code: 002532).
Since its establishment, the company has always actively promoted comprehensive “lean” quality and environment management, and has currently passed ISO9001, ISO14001 and OHSAS18001 certification, introduced excellent performance management in line with GB/T 19580 and established a sound quality assurance system. SHIMGE has equipped an industry-leading physicochemical testing center, and its delivery performance inspection platform has reached a precision of grade B (grade 1) in the evaluation conducted by an authoritative agency. In addition, its products have passed GS, CE and UL certification, and met the specifications of the RoHS Directive.
As a “hi-tech enterprise”, the company has gathered many talents in the industry in the fields of technical innovation and product R&D, and has established technical cooperation with many scientific research institutions and colleges and universities with outstanding achievements in the water conservancy, such as Jiangsu University, China Agricultural University, Wuhan University, Zhejiang University, etc. In 2010, the company was elected as one of the first batch of pilot units as “Post-doctoral Scientific Research Stations” in Zhejiang Province; in 2013, it established the technical R&D-oriented SHIMGE Pump (Hangzhou) Co., Ltd., which was intended to focus on the R&D of automated and intelligent products and awarded the title of “Most Innovative Enterprise in China” in the same year. In 2014, the experiment center of the company passed CNAS laboratory certification at the first try, and became a national level laboratory. So far, the company has directed or participated in the revision of more than 50 national and industrial standards, and obtained a total of 125 authorized patents.
In terms of channel building and after-sales services, relying on its strength and public reputation as a leading brand in the industry as well as its excellent product quality, the company has developed a global business network, established 15 regional distribution centers in all major provinces and cities in China, and built cooperative relations with more than 1,100 wholesalers and 4,000 distributors to provide better services to its clients. Since 2006, SHIMGE has occupied the first place nationwide in terms of the production and sales of agricultural pumps for nine consecutive years (according to the authoritative data statistics of China Association of Agricultural Machinery Manufacturers (CAAMM)), and, in the international pump market, SHIMGE products have been sold to more than 100 countries and regions all over the world and enjoy high reputation.
2. Mission:
The mission of the company is to provide the best pumps and water treatment system solutions for the world and create high-quality life for the mankind.
3. Course of Development:
In 1984, Mr. Xu Shanfu founded Wenling Zhaoyang Household Electric Appliance Factory, the predecessor of SHIMGE.
In 1987, the company developed the “screw pump”, which filled the blank in China then and quickly stood out conspicuously in the industry by virtue of its high quality.
In 1997, the factory was renamed as Zhejiang SHIMGE Pump Co., Ltd.
Between 2004 and 2010, it established three subsidiaries in succession, including SHIMGE Mechanical & Electrical, Jiangxi SHIMGE and Jiangsu SHIMGE.
On December 31, 2010, it was successfully listed on Shenzhen Stock Exchange (stock code: 002532).
Between 2011 and 2012, it proceeded to acquire LBX Pump, Fangxin Mechanical & Electrical and Bohua Environmental Technology Engineering Co., Ltd.
Since 2006, it has occupied the first place nationwide in terms of the production and sales of agricultural pumps for nine consecutive years.
4. Strategy:
The company adopts a “double-high strategy”, that is, providing products and services with high quality and high cost performance.
5. Developmental Objective:
By thoroughly practicing the “double-high” strategy, it aims to build SHIMGE brand into a world-class pump brand.
6. Value System:
Value, innovation, striving, and win-win
