What China PengFei Group does

Jiangsu Pengfei Group Co., Ltd., operating publicly as China Pengfei Group (HK03348), is a Hong Kong-listed Chinese manufacturer of rotary kilns and grinding equipment, headquartered in Hai'an City, Jiangsu Province, and founded in 1990. The company serves industrial customers in cement, metallurgy, chemicals, and environmental protection, supplying large-scale rotary kilns (with diameters up to 6.2m and lengths exceeding 100m), ball mills, vertical roller mills, roller presses, coal mills, and specialized equipment for nickel ore processing, lithium spodumene, titanium dioxide, bauxite, lime, sludge-to-ceramsite, and hazardous waste treatment. Its portfolio is anchored by reference customers including Tsingshan Holding Group, Delong Nickel, Tianqi Lithium, Sinosteel, Yahua Lithium, and Henan Longcheng, with a flagship international EPC reference being the 2026-commissioned Turkey KYS 800,000-ton/year cement EP project.

The company generates revenue through three streams: (1) one-time equipment sales of custom-engineered rotary kilns, grinding systems, and auxiliary machinery; (2) professional services revenue from EPC turnkey delivery (engineering, procurement, construction, commissioning, and trial operation) for complete cement, lime, and chemical production lines; and (3) recurring hardware sales of spare parts and after-sales support for the installed base. Pricing is project-specific and quote-based rather than tiered. Go-to-market is enterprise field sales via direct engagement on large industrial bids, supplemented by multi-language websites (English, Spanish, Russian, French, Portuguese, Arabic), a dedicated Belt and Road Initiative portal, and participation in events such as the Canton Fair.

Pengfei is one of China's designated "Manufacturing Single Champion" enterprises (2017) and holds a China Famous Brand Product title (2007) for rotary kilns, supported by a National Enterprise Technology Center and provincial engineering research platforms. Its competitive positioning rests on 35 years of fabrication experience, scale advantages in heavy kiln manufacturing, EPC integration capability, and a diversified application footprint that has expanded beyond cement into lithium, nickel, titanium dioxide, and environmental waste treatment. The ownership is publicly held on the Hong Kong Main Board following its 2019 IPO, with Chairman Wang Jia'an — architect of the 2001 "Big Kiln, Big Mill" strategic pivot — remaining a key figure.

Name

China PengFei Group

Legal name

江苏鹏飞集团股份有限公司 (Jiangsu Pengfei Group Co., Ltd.)

Website

https://pengfei.com.cn

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

China Pengfei Group (HK03348) is a Hong Kong-listed Chinese manufacturer of large-scale rotary kilns and grinding equipment, serving cement, metallurgy, chemical, and environmental industries with custom-engineered equipment and EPC turnkey project delivery.

Ownership category

akta.pro rank

Product category

Industrial Rotary Kiln and Grinding Equipment Manufacturing

NAICS

Other General Purpose Machinery Manufacturing (3339)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Grinding & Milling Equipment (IMAHAMAF)

akta.pro secondary industry

Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)

Keywords

• Rotary kiln systems
• Grinding equipment
• Cement production lines
• EPC project services
• Industrial machinery manufacturing

Headquarters

HQ city

Haian

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Manufacturing & Sales: One-time sales of rotary kilns, grinding equipment, and auxiliary machinery to industrial clients. Equipment sales are custom-engineered based on client specifications and project requirements.
2. EPC Project Services: Engineering, Procurement, and Construction services providing complete production line solutions including design, equipment supply, installation, commissioning, and trial operation support.
3. Spare Parts & After-sales Service: Replacement parts, maintenance services, and technical support for installed equipment.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

China PengFei Group designs, manufactures, and sells rotary kilns and grinding equipment (ball mills, vertical mills, roller presses, mining mills) for cement, metallurgy, chemical processing, and environmental/waste treatment applications. The company also delivers complete production line EPC (Engineering, Procurement, Construction) project services, including design, equipment supply, installation, commissioning, and trial operation, alongside auxiliary equipment and spare parts.

Product overview

China PengFei Group (江苏鹏飞集团股份有限公司) is a leading manufacturer of rotary kilns and grinding equipment, listed on the Hong Kong Stock Exchange (HK03348) in 2019. The company offers a comprehensive portfolio centered on four core product lines: (1) Rotary Kiln Systems serving cement, metallurgy, chemical, and environmental/waste treatment sectors; (2) Grinding Equipment Systems including ball mills, vertical mills, and roller presses; (3) Complete Production Line EP/EPC services for turnkey project delivery; and (4) Auxiliary Equipment and Spare Parts. The product range spans specialized applications including nickel ore processing, active lime production, titanium dioxide, hazardous waste disposal, aluminum bauxite, coal chemical processing, and ceramsite production. The company positions itself as an EPC service provider offering customized one-stop solutions from design through trial operation, with ongoing focus on energy savings, energy storage, and resource comprehensive utilization technologies.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• First rotary kiln produced in 1990 for Anhui Chaohu; Now produces kilns exceeding 6m diameter and 100m length
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• 南京院 (Nanjing Institute)coreStrategic or Co-development Partner · 1 January 2005Strategic cooperation initiated in 2005 with Nanjing Institute (Nanjing Design Institute) for cement rotary kiln development. This partnership enabled the company to provide Φ5×74m rotary kilns for Yingde Taiwan Cement, marking the company's entry into the fast track of cement rotary kiln development.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• KHD Humboldt Wedag: German supplier of cement plant machinery, including PYROPROCESS kilns and grinding systems, with global EPC capability. Directly comparable in rotary kiln technology and cement production line delivery.
• FLSmidth: Denmark-based global leader in cement and mining process equipment, including rotary kilns, grinding mills, and full EPC project delivery. Directly comparable as both an equipment OEM and a turnkey EPC contractor for cement, mineral, and metals customers worldwide.
• Sinoma (China National Building Material / CNBM Engineering): Largest Chinese state-owned cement equipment manufacturer and EPC contractor, with deep experience in rotary kilns, vertical mills, and complete cement production lines. Directly competes with Pengfei in domestic Chinese tenders and increasingly in overseas BRI projects.
• CITIC Heavy Industries: Chinese heavy machinery manufacturer producing rotary kilns, grinding mills, and large castings/forgings for cement, mining, and metallurgy. Competes head-to-head with Pengfei in domestic industrial equipment tenders and exports.
• thyssenkrupp Polysius: German engineering group specializing in cement, minerals, and metallurgical plants, including POLYCOM roller presses, ball mills, and rotary kilns. Comparable as a high-end international EPC and equipment competitor in the same product categories.

Emerging players

• Loesche: German manufacturer of vertical roller mills and grinding systems for cement, slag, and ore. Comparable niche competitor in the vertical-mill category that Pengfei also supplies.
• Gebr. Pfeiffer: German specialist in vertical roller mills for cement, coal, and minerals. Overlaps with Pengfei's vertical mill product line and competes in grinding equipment for similar end customers.

Broad incumbents

• Outotec (now part of Metso): Finnish process technology and equipment supplier for minerals and metals processing, including rotary kilns and grinding equipment for mining and metallurgical applications. Comparable as a broad incumbent in the mineral processing kiln category.
• Metso: Finnish-listed global leader in mining and aggregates processing equipment, including grinding mills and materials handling. Comparable as a broad incumbent in mineral processing equipment adjacent to Pengfei's mining-mill offerings.

Others

• Anhui Conch Cement: Largest Chinese cement producer and a major buyer of cement plant equipment and EPC services. Listed because it is a representative downstream customer rather than a competitor, illustrating the demand-side ecosystem Pengfei sells into.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 China PengFei Group