What Shanghai Hanbell Precise Machinery does

Shanghai Hanbell Precise Machinery Co., Ltd. (上海汉钟精机股份有限公司) is a Chinese industrial manufacturer founded in 1994 and listed on the Shenzhen A-share exchange (stock code 002158) since 2007, headquartered in Jinshan District, Shanghai, with 1,001-5,000 employees. Its core competency is screw compressor technology applied across multiple working fluids — air, vacuum, refrigerants, and specialty gases — expanded into reciprocating, centrifugal, turbine, magnetic levitation, and air-floating architectures, yielding an estimated ~40% domestic market share in screw compressors in China and a 226-patent portfolio as of 2025.

The company operates five principal product lines: refrigeration compressors (high-temperature heat pumps, air conditioning, and freezing/cold storage); air compressor blocks and complete sets; vacuum pumps (dry and oil-lubricated screw); oil-free scroll compressors; and an Industrial Cloud Platform for remote monitoring. Products span an unusually wide operating envelope from -165°C (natural gas liquefaction) to ~120°C (industrial heat pump applications), with quantified efficiency claims including 20-30% energy savings in frozen storage, COP >7.0 in waste-heat-recovery heat pumps, and up to 4x energy savings in ultra-high-temperature heat pump applications.

Hanbell generates revenue primarily through direct enterprise field sales of custom-configured hardware to industrial OEMs and operators in cold chain logistics, rail transit (Guangzhou, Qingdao, Shenzhen, Wuhan Metro), food processing, pharmaceuticals, semiconductors, lithium battery manufacturing, shale gas LNG, and district heating. The company serves 500+ customers across 50+ countries via wholly-owned subsidiaries in Hong Kong, Vietnam, Korea, and Taiwan, domestic branches in Jinan, Guangzhou (opened May 2025), Nanjing, and Chongqing, and co-organizing partnerships with the China Federation of Logistics & Purchasing Cold Chain Committee. Marketing relies on industry conferences, technical seminars, and the Hanbell Report newsletter rather than digital channels. Reported revenue has declined from approximately CNY 5.43B (2023) to CNY 4.19B (2025), with net income compressing from CNY 122B to CNY 67B over the same window.

Name

Shanghai Hanbell Precise Machinery

Legal name

上海汉钟精机股份有限公司

Website

http://www.hanbell.com.cn

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shanghai Hanbell (深圳A股 002158) manufactures screw and other compressors for air, refrigeration, vacuum, and specialty-gas applications, serving cold chain logistics, rail transit, food processing, pharmaceuticals, semiconductors, and data center cooling across 50+ countries.

Ownership category

akta.pro rank

Product category

Industrial Compressors

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Pump and Compressor Manufacturing (33391), Air and Gas Compressor Manufacturing (333912)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Pumps & Pumping Equipment (3561), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

Compressors, Refrigeration Components & Condensing Units (IMADANAG)

akta.pro secondary industries

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Process Gas & High-Pressure Compressors (IMAHANAF), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• Screw compressors
• Refrigeration compressors
• Industrial vacuum pumps
• High-temperature heat pumps
• Oil-free scroll compressors

Headquarters

HQ city

Jinshan

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Screw Compressor Equipment Sales: Sale of screw compressors and compressor units across multiple product categories including air compressors, refrigeration compressors, vacuum pumps, and scroll air compressors. Revenue is generated from direct equipment sales to industrial OEM customers, end-user facilities, and through distributor/service networks. Products serve diverse industries including cold chain logistics, HVAC, industrial manufacturing, and semiconductors.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Hanbell manufactures screw-type and complementary compressors applied across multiple working fluids including air, vacuum, refrigerants, and specialty gases. Its product portfolio spans refrigeration compressors (high-temperature heat pumps, air conditioning, freezing and cold storage), air compressor blocks and complete sets, vacuum pumps, oil-free scroll compressors, and an industrial cloud monitoring platform. Products serve cold chain logistics, HVAC, rail transit, lithium battery manufacturing, semiconductors, pharmaceuticals, and industrial heat recovery applications across 50+ countries.

Product overview

Shanghai Hanbell Precision Machinery is a leading Chinese industrial manufacturer specializing in screw compressor technology and fluid electromechanical systems. Its product portfolio centers on screw compressors applied to multiple working fluids — air, vacuum, refrigerants, and special gases — spanning five main product lines: (1) refrigeration compressors including high-temperature heat pumps (RC2-T/G/S-H series), air conditioning (RE, RC2-E/EF, LT-S-A series), and freezing/cold storage (LC, LTII, LT-S-L, LB-PLUS, RGII, LR series); (2) air compressor blocks and complete air compressor sets (D series, AT-AD series, AA/AB series); (3) vacuum pumps (PS/PD dry screw and PA oil screw series, including VSD+ variable frequency models); (4) scroll air compressors (oil-free series for medical and food applications); and (5) the industrial cloud platform providing remote monitoring and IoT connectivity. The company has expanded beyond screw technology into reciprocating, centrifugal, turbine, magnetic levitation, and air-floating technologies. Products serve diverse industries including cold chain logistics, HVAC, rail transit, lithium battery manufacturing, solar PV, semiconductors, pharmaceuticals, and chemicals, with sales networks covering over 50 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Screw Air Compressor Blocks (螺杆式压缩机机体) Hanbell's foundational screw compressor block product line applied across multiple working fluids including air, vacuum, refrigerants, and special gases. Sold as core components for industrial OEMs and integrated into complete compressor units.
• Refrigeration Compressors (制冷压缩机) Screw-type refrigeration compressors for commercial HVAC, industrial cooling, and cold chain logistics. Includes high-temperature heat pumps, air conditioning compressors, and freezing/cold storage compressors across single-stage, dual-stage, and variable frequency configurations.
• High-Temperature Heat Pump Compressors (高温热泵) High-temperature heat pump compressors for industrial heating, waste heat recovery, pharmaceutical distillation, and district heating. RC2-T series achieves 101.9°C hot water output with ~4x energy savings vs electric boilers; RC2-G series achieves COP >7.0 for waste heat recovery applications.
• Freezing and Cold Storage Compressors (冷冻冷藏压缩机) Compressors for cold chain and refrigeration applications including LC Series single-stage, LTII Series dual-stage (up to 450hp), LT-S-L Series wide-temperature-range dual-stage (evaporation temp up to -10°C), LB-PLUS Series single-stage high-efficiency low-temperature, and LR Series semi-hermetic piston compressors for smaller capacity applications.
• Air Conditioning Compressors (空气调节压缩机) Compressors for commercial and residential air conditioning including RE Series new generation high-efficiency units, RC2-E/RC2-EF flooded shell compressors widely deployed in Chinese metro rail transit systems, and LT-S-A ultra-low ambient dual-stage heat pump compressors for district heating.
• Air Compressor Sets (空气压缩机机组) Complete air compressor units including Hanbell D Series dual-stage permanent magnet variable frequency compressor sets, AT-AD Series integrated units for laser cutting, and AA Series high-pressure units. 55kW D-Series units replace 75kW legacy units, saving approximately 180,000 RMB/year in electricity.
• Oil-Free Scroll Air Compressors (涡旋式空气压缩机) Oil-free scroll air compressors in 3.7kW and 5.5kW models serving medical (dental clinics, oxygen generation), food processing, and other clean air requirement industries. Produces truly oil-free and odorless clean air eliminating need for filter consumables.
• Vacuum Pumps (真空泵) Vacuum pumps including PS/PD Series dry screw pumps for lithium battery, chemical, and pharmaceutical industries; PA Series oil-lubricated screw vacuum pumps with VSD+ variable frequency models. Applications include solar photovoltaic, semiconductor, lithium battery, and CNC machining. PA1300VSD+ replaces five 45kW water-ring pumps (225kW total) with 22kW unit, saving 552,000 RMB/year.
• Hanbell Industrial Cloud Platform (汉钟工业云平台) Industrial IoT cloud platform providing remote monitoring and data management for compressor equipment. Features cloud-based protection modules, real-time operation status monitoring, and predictive maintenance capabilities integrated with Hanbell Core Smart Expert Diagnostic Module.
• RGII Series Open-Type Single-Stage Freezing and Cold Storage Screw Compressor (RGII系列开启单级冷冻冷藏螺杆压缩机) New generation open-type single-stage freezing and cold storage screw compressor compatible with ammonia and other refrigerants. Features new gear profile and structure design, improved performance, extended shaft seal life, mid-support bracket design, variable volume ratio design, and built-in oil filter and pressure differential switch.
• LTII-S-200/100-IVX Dual-Stage Variable Frequency Compressor (450HP) Maximum 450hp dual-stage variable frequency compressor in Hanbell's portfolio, suitable for 4-ton spiral quick-freezing machines. Semi-hermetic design eliminates shaft seal leakage issues present in open-type compressors. Equipped with variable frequency drive and controller for improved reliability and overall energy efficiency.
• LC Series 3rd Generation Single-Stage Freezing and Cold Storage Screw Compressor (LC系列第三代单级冷冻冷藏压缩机) Third-generation semi-hermetic single-stage freezing and cold storage screw compressor featuring variable volume ratio technology, low-noise flow channels for cryogenic applications, integrated protection module with oil flow and pressure differential protection, and 'Hanbell Core' intelligent expert diagnostic module with cloud monitoring.
• LTII Series 2nd Generation Single-Machine Dual-Stage Compressor (LTII系列第二代单机双级压缩机) Second-generation single-machine dual-stage compressor with expanded displacement options. Fixed-frequency max 280hp covers 2.5-ton spiral quick-freezing; variable frequency max 450hp covers 4-ton spiral quick-freezing. Wide temperature range design for faster pull-down to design temperature with significantly improved efficiency in low-temperature storage.
• LR Series Semi-Hermetic Piston Compressor (LR系列半封闭活塞压缩机) Semi-hermetic piston compressor designed for smaller cooling capacity requirements such as commercial supermarket refrigeration cabinets and small cold storage. Features high-strength wall design for reduced noise and vibration, optimized suction/exhaust flow channels, and multiple safety protection designs.

Quantifiable outcome

• Frozen storage compressor energy efficiency improved by 20-30% using LT-S-L wide-temperature dual-level compressors vs standard single-stage units
• +7 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Partnerships

Ten partnerships are on record, tiered flagship, minor and core.

• China Federation of Logistics & Purchasing Cold Chain Committee (中物联冷链委)flagshipStrategic or Co-development Partner · 13 December 2024Strategic co-host of the 'High-Efficiency Energy Saving • Building Green Dreams' salon event on December 13, 2024, in Kunming. Multiple collaborative events including GFSC 2025 (gold co-organizer), 10th Sichuan Cold Chain Annual Conference (co-organizer), and 3rd Yangtze River Delta Cold Chain Seminar (Hanbell Cup).
• Hunan Zhibo Refrigeration Engineering Co., Ltd. (湖南智博制冷工程有限公司)minorImplementation/ SI/ Consulting Partner · 13 December 2024Technical case sharing partner at the High-Efficiency Energy Saving salon, presenting energy efficiency case studies of Hanbell energy-saving products in cold chain applications.
• China Logistics & Purchasing Federation Cold Chain Committee Cold Chain Technology Innovation Competition (中物联冷链委冷链技术创新大赛)flagshipGTM or Marketing Partner · 8 November 2024Hanbell Cup/冠名 sponsor of the 2nd Cold Chain Technology Innovation Competition, which is a同期会议 of the 3rd Yangtze River Delta Cold Chain Logistics High-Quality Development Seminar. Positions Hanbell as a thought leader in cold chain technology.
• ESR (易盛信息)minorStrategic or Co-development Partner · 8 November 2024ESR Senior Manager Tang Hao presented at the Yangtze River Delta Cold Chain Seminar on cold chain park survival strategies covering technology cost reduction, asset value enhancement, and model restructuring.
• Anhui University (安徽大学)coreStrategic or Co-development PartnerJoint development partner for the 'Wide-Temperature Range High-Efficiency Single-Stage Dual-Level Screw Compressor Key Technology Development and Application' project that won the 2024 Mechanical Industry Science and Technology Award.
• Hefei General Environmental Control Technology Co., Ltd. (合肥通用环境控制技术有限公司)coreStrategic or Co-development PartnerJoint development partner for the award-winning wide-temperature dual-level screw compressor project, contributing environmental control and technology expertise.
• Guangzhou Hengxing Group (广州恒星集团)minorChannel Partner/ Reseller/ DistributorPartner customer and representative attending Hanbell Guangzhou branch opening ceremony on May 28, 2025. Guangzhou Hengxing has been a long-term customer and advocate since the early 1990s, helping Hanbell break industry monopolies.
• Guangdong Eurokia (广东欧科)minorChannel Partner/ Reseller/ DistributorCustomer representative participating in the Hanbell Guangzhou branch opening ceremony, representing industrial customers in South China market.
• Hunan Zhiren (湖南智仁)minorChannel Partner/ Reseller/ DistributorCustomer representative attending Hanbell Guangzhou branch opening, representing South China cold chain engineering and service partners.
• Guangdong Handa (广东汉德)minorChannel Partner/ Reseller/ DistributorCustomer representative attending Hanbell Guangzhou branch opening, representing cold chain engineering and application partners in South China.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Howden (Chart Industries): Manufacturer of screw and reciprocating compressors for refrigeration, air, and gas compression applications. Comparable to Hanbell's screw compressor technology across industrial refrigeration, cold chain, and process gas compression.
• Dorin: Italian compressor manufacturer producing refrigeration and air conditioning compressors. Comparable to Hanbell's commercial refrigeration and cold chain compressor portfolio with overlapping customer base in industrial refrigeration.
• Refcomp: Italian screw compressor manufacturer specializing in refrigeration and air conditioning. Closely comparable to Hanbell's screw refrigeration compressor portfolio and ammonia-compatible product offerings for industrial refrigeration.
• Bitzer: German manufacturer of refrigeration compressors (reciprocating and screw) for commercial and industrial cooling. Directly comparable to Hanbell's refrigeration compressor business across cold chain, industrial refrigeration, and HVAC applications, though primarily reciprocating technology.
• Moon-Tech (烟台冰山): Chinese industrial refrigeration and HVAC equipment manufacturer with screw compressor portfolio. Direct domestic peer to Hanbell in commercial and industrial refrigeration, serving overlapping cold chain, food processing, and HVAC customer base in China.

Emerging players

• Moon Environment (磁谷科技): Chinese magnetic levitation centrifugal compressor and blower manufacturer. Emerging competitor to Hanbell's magnetic levitation centrifugal compressor expansion into data center cooling and industrial blower applications, identified alongside Hanbell as a data center cooling beneficiary by Citic Securities.

Broad incumbents

• Atlas Copco: Global leader in air compressors and vacuum pumps with extensive industrial compressor portfolio. Comparable to Hanbell's air compressor sets and vacuum pump product lines, though operating at significantly larger scale with broader industrial customer base.
• Mitsubishi Heavy Industries Thermal Systems: Japanese manufacturer of industrial compressors including screw and centrifugal types for refrigeration and air conditioning. Comparable to Hanbell's centrifugal and screw compressor offerings, particularly in commercial HVAC and industrial cooling.
• Ingersoll Rand: Global industrial compressor and vacuum pump manufacturer. Comparable to Hanbell's air compressor and vacuum pump businesses, particularly in industrial manufacturing and OEM channels, with broader geographic reach and service network.
• Emerson Climate Technologies (Copeland): Global refrigeration compressor manufacturer (Copeland brand) with broad product portfolio spanning scroll, semi-hermetic, and screw compressors. Comparable to Hanbell's refrigeration compressor business but with much larger global scale and broader product breadth across HVAC and cold chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shanghai-hanbell-precise-machinery-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Shanghai Hanbell Precise Machinery