What Holley Group does

Holley Group (华立集团股份有限公司, founded 1970, headquartered in Hangzhou, Zhejiang, China) is a privately-held, diversified industrial conglomerate operating across five business segments through wholly-owned and majority-owned subsidiaries: Big Health (pharmaceuticals, TCM, healthcare services), Energy IoT (smart meters, off-grid solar), New Materials (copper-clad laminate/CCL), Industrial Parks (overseas and cross-border), and Other (agricultural operations). Major operating subsidiaries include Jianmin Group (健民集团, Shanghai-listed SH 600976, TCM and pediatric products including heritage 叶开泰 brand dating to 1637), KPC Group (昆药集团, artemisinin antimalarial drugs with proprietary brands Cotecxin, Artem, Artemdine, Duo-cotecxin registered in 40+ African countries and over 100 million doses sold cumulatively), Holley Technology (华立科技, smart electric meters, with MIIT smart-manufacturing demonstration recognition since 2015), and Wazam New Material (华正新材, CCL production capacity of 1M+ sheets/month at Qingshanhu for 5G applications).

The business model combines (i) direct B2B/consumer sales via listed and unlisted subsidiaries in their respective product markets, (ii) industrial park-as-a-service revenue from land sale, standard-factory leasing, and operating services to Chinese manufacturers entering overseas markets — anchored by the Thai-Chinese Rayong Industrial Zone (joint with Amata Group since 2005, 270+ companies, 20 sq km planned total) and the Mexican Hofusan/Haishan parks (joint with Santos family since 2015, 40+ companies by 2024) — and (iii) Africa-focused export and localized production of smart meters, solar off-grid systems, and pharmaceutical products through partnerships with local distributors and governments. Customer segments are diversified: enterprise and consumer pharmaceutical end-customers via Jianmin and KPC; industrial enterprise customers via Wazam (CCL); utility and African government customers via Holley Technology and solar; Chinese manufacturing SMEs as industrial-park tenants.

Holley operates a distinctive party-embedded governance model (sixth party committee since 2017, 1,800+ Communist Party members representing ~15% of total workforce) that is unusual by global standards but typical of large Chinese private conglomerates and is leveraged in Belt and Road state relationships — including Memoranda with Fangchenggang Municipal Government, the Export-Import Bank of China Zhejiang Branch, Zhejiang Department of Commerce, and the China-Africa Private Business Association (chaired by Holley chairman Wang Licheng) — supporting overseas siting decisions and African market access. The group reports nearly 50 years of history and 3 generations of employees, with cumulative social donations exceeding RMB 300M (≈USD 42M) since 1988.

Name

Holley Group

Legal name

华立集团股份有限公司

Website

https://holley.cn

Company type

Private

Founded year

1970

Operating status

Operating

Short description

Holley Group is a privately-held Chinese diversified industrial conglomerate founded in 1970, operating across pharmaceuticals (artemisinin antimalarials, TCM), smart energy meters, electronic materials (CCL), overseas industrial parks, and Cambodian agriculture, with operations spanning China, Southeast Asia, Mexico, and over 10 African countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Pharmaceutical Manufacturing and Sales: Jianmin Group (SH 600976) listed on Shanghai Stock Exchange, and Kunming Pharmaceutical Group produce pharmaceutical products, health medicines, and health foods. Artem Cotecxin and related antimalarial brands sold in over 40 African countries.
2. New Materials (CCL/PCB): Wazam New Material (华正新材) produces high-frequency, high-speed, high-density multi-layer printed circuit copper-clad laminate (CCL), targeting 5G market applications.
3. Smart Meters / Energy IoT Products: Holley Technology (华立科技) manufactures and distributes smart electric meters and energy IoT solutions. Products sold across Africa, Southeast Asia and globally.
4. Solar Off-grid Systems: Non-discrete photovoltaic power generation products and systems distributed in Africa, including small/medium off-grid solar systems.
5. Overseas Industrial Park Development: Holley develops and operates overseas industrial parks in Thailand (Thai-Chinese Rayong Industrial Zone), Cambodia (agricultural eco-park), Mexico (Hofusan Industrial Park, Haishan Industrial Park), and plans North Africa and East Africa parks. Revenue from land sales, standard factory leasing, and operating services to Chinese manufacturing clients.
6. Agriculture / Plantation Operations: Holley Ecological Industrial (Cambodia) operates agricultural investment including rice, cassava, rubber, sisal, mulberry, and tropical fruit cultivation across ~7200 hectares in Ratanakiri province.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Holley Group is a diversified Chinese industrial holding company that manufactures and sells smart electric meters and energy IoT solutions, artemisinin-based antimalarial pharmaceuticals, traditional Chinese medicine products, copper-clad laminate (CCL) materials for 5G electronics, and develops/operates overseas industrial parks in Thailand, Mexico, and Cambodia for Chinese manufacturers expanding internationally.

Product overview

Holley Group is a diversified investment private enterprise established in 1970, operating multiple industrial sectors through subsidiaries and affiliates. The portfolio includes: (1) Smart electric meters and Energy IoT solutions under Holley Technology, (2) Pharmaceutical products through Jianmin Group (SH 600976) and KPC Group including artemisinin antimalarial drugs, (3) New materials through Wazam New Material (CCL products), and (4) Overseas industrial park development and operation. The company serves global markets with operations spanning Africa, Southeast Asia, North America, and China, focused on health industry, energy management, new materials, and international industrial park services.

Differentiator

Problem solved

Functional benefit

Brands

• 健民: Traditional Chinese medicine brand under Jianmin Group, includes 龙牡大健康 series and 国药精品 series
• 龙牡
• 叶开泰
• 青蒿素系列

Products and services

• Smart Electric Meters (电能表)
• Artemisinin Antimalarial Drugs (青蒿素抗疟药)

Quantifiable outcome

• Over 100 million pieces of artemisinin antimalarial drugs sold globally
• +6 more outcomes

Named customers5 records

Segments5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered flagship and core.

• Zhejiang Provincial Department of Commerce (浙江省商务厅)flagshipStrategic or Co-development Partner · 11 April 2019Zhejiang Provincial Department of Commerce signed a 'Party Building Co-construction' agreement with Holley Group, committing to support Holley's overseas development and Belt and Road initiatives. The department also recognizes Holley as a model private enterprise in international capacity cooperation.
• Fangchenggang Municipal People's Government (广西防城港市人民政府)flagshipStrategic or Co-development Partner · 18 March 2019Holley Group signed a strategic cooperation agreement with Fangchenggang Municipal People's Government to build a Guangxi Fangchenggang Border Deep-processing Industrial Park. The first phase covers 300 mu with total planning of 3,000+ mu, focusing on ASEAN trade, cross-border processing, and logistics.
• African Embassies and Diplomatic Missions in China (非洲国家驻华使节)coreStrategic or Co-development Partner · 4 March 2019Representatives from Uganda, Nigeria, and Togo embassies attended the Zhejiang-Africa Economic Cooperation Conference where Holley was highlighted. These diplomatic partnerships support Holley's Belt and Road initiatives in Africa.
• China-Africa Private Business Association (中非民间商会)coreStrategic or Co-development Partner · 1 January 2018As of 2019, the China-Africa Private Business Association had 821 member companies and had established 'Africa Home' offices in South Africa, Mauritius, Zambia, and Kenya. Chairman Wang Licheng serves as President. The association promotes market-based China-Africa cooperation.
• Siemens (China) (西门子中国)coreTechnology or Integration · 1 September 2016Holley Group and Siemens (China) reached a strategic cooperation in smart manufacturing in September 2016. This partnership focused on advanced manufacturing technologies and digitalization across Holley's industrial ecosystem.
• Santos Family (墨西哥桑托斯家族)coreStrategic or Co-development Partner · 1 January 2015Holley partnered with Mexico's Santos family in 2015 to jointly develop the North American Hofusan Industrial Park (北美华富山工业园). By 2024, the park attracted over 40 companies. The two parties also launched the North American Haishan Industrial Park development.
• Zhejiang Holley Futong Investment Co., Ltd (浙江华立富通投资有限公司)coreStrategic or Co-development Partner · 1 January 2014Holley established Zhejiang Holley Futong Investment Co., Ltd with Futong Group in 2014, which then developed the Hofusan Industrial Park with the Santos family in Mexico.
• Amata Group (安美德集团)coreStrategic or Co-development Partner · 1 January 2005Holley and Thailand's Amata Group co-developed the Thai-Chinese Rayong Industrial Zone (泰中罗勇工业园) in 2005. This partnership created a platform for Chinese manufacturers to establish production bases in Thailand and the ASEAN market. By 2020, the zone attracted over 270 companies across 6+ sq km, with planning for 20 sq km total.
• African Country Governments and Local DistributorscoreChannel Partner/ Reseller/ Distributor · 1 January 2000Holley established deep local partnerships across over 10 African countries (Nigeria, Ghana, South Africa, Madagascar, Comoros, Rwanda, Ethiopia, etc.) for smart meter localization, solar off-grid system deployment, and antimalarial drug distribution. These partnerships enabled local production, service localization, and product customization.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Holley Group