Taiyuan Heavy Industry

Taiyuan Heavy Industry Co., Ltd. (commonly abbreviated TYHI, Chinese: 太原重工) is a large Chinese heavy-machinery manufacturer headquartered in Taiyuan, Shanxi Province. It is the listed flagship of Taiyuan Heavy Machinery Group (太重集团), one of China's oldest and most comprehensive heavy-equipment groups. The company designs and builds capital goods for railways, metallurgy, energy, mining, aerospace, and port operations, and is particularly associated with railway equipment such as wheelsets, axles, and rolling-stock components, alongside cranes, excavators, forging presses, and tube/pipe mills. TYHI's product range spans several heavy-industry categories. In rail equipment, it supplies wheels, axles, wheel sets, and related components for locomotives, freight and passenger cars, and urban transit. In lifting and material handling, it produces large gantry and bridge cranes, port machinery, and bulk-material handling systems. In mining and construction, it offers hydraulic excavators, mining shovels, and related attachments. In metallurgy and energy, it manufactures rolling mills, forging equipment, coke-oven machinery, and equipment for wind power and nuclear power applications. This breadth makes TYHI a representative example of China's state-backed heavy-machinery sector. The company traces its roots to the early years of the People's Republic of China, when Taiyuan Heavy Machinery Plant was established as one of the country's key heavy-industry projects. Over decades it grew into a group with multiple subsidiaries and a listing on the Shanghai Stock Exchange under ticker 600169. Its products are used across China and exported to numerous international markets, and the group has participated in major domestic infrastructure, rail, and energy programs. As a listed company controlled by Taiyuan Heavy Machinery Group, TYHI operates in a capital-intensive industry shaped by state industrial policy, railway investment cycles, and commodity demand. Its brand is closely tied to Chinese heavy-equipment self-reliance and to the industrial heritage of Shanxi Province. The company continues to position itself around large-scale, high-end equipment manufacturing, including rail transit components and clean-energy machinery.

Taiyuan Heavy Industry's origins lie in the establishment of Taiyuan Heavy Machinery Plant in the early 1950s, during the First Five-Year Plan period when the newly founded People's Republic of China prioritized heavy industry. The plant was set up in Taiyuan, Shanxi Province, a region with coal and metallurgical resources, and became one of the country's key heavy-machinery bases. It produced equipment for metallurgy, mining, and energy, and later expanded into railway components and large cranes. Over the following decades, the enterprise evolved from a single plant into a group structure. Taiyuan Heavy Machinery Group (太重集团) became the parent organization, and Taiyuan Heavy Industry Co., Ltd. was formed as the listed operating entity. The company was listed on the Shanghai Stock Exchange under the ticker 600169, giving it access to public capital for expansion and technology upgrading. Its product portfolio broadened to include railway wheelsets and axles, gantry cranes, excavators, forging presses, tube mills, and equipment for wind and nuclear power. In the railway sector, TYHI became a notable domestic supplier of wheels, axles, and wheelsets, serving China's expanding rail network and rolling-stock builders. The company also supplied heavy cranes and port machinery for infrastructure and industrial projects, and metallurgical equipment for steel mills. Its heavy forging and press capabilities supported aerospace and energy manufacturing. Like many Chinese heavy-industry enterprises, TYHI has been shaped by state industrial policy, periodic restructuring, and investment cycles in rail, steel, and energy. It has pursued export sales and international cooperation, while continuing to serve domestic customers. The group has emphasized technological upgrading and high-end equipment manufacturing, including rail transit components and clean-energy machinery, as part of China's broader industrial modernization drive. Today, Taiyuan Heavy Industry remains an active listed company within the Taiyuan Heavy Machinery Group, with its brand associated with large-scale, capital-intensive machinery and China's heavy-equipment industrial base in Shanxi.

• 1950

  Taiyuan Heavy Machinery Plant established as a key heavy-industry project in Shanxi, China.

• Taiyuan Heavy Industry Co., Ltd. listed on the Shanghai Stock Exchange under ticker 600169.

• Expanded into railway wheelset and axle manufacturing for China's rail network.

• Broadened product range to include cranes, excavators, forging presses, and energy equipment.

• Railway wheelsets and axles

  Wheels, axles and complete wheelsets for locomotives, freight and passenger cars, and urban transit.

• Gantry and bridge cranes

  Large lifting equipment for ports, construction and industrial facilities.

• Hydraulic excavators and mining shovels

  Heavy earthmoving and mining machinery.

• Metallurgical rolling mills and forging presses

  Equipment for steel mills and heavy forging operations.

• Wind-power and nuclear-power equipment

  Components and machinery for clean-energy generation.

• 2020

  Source

Read more

1. 1太原重工 official websitetyhi.com.cn
2. 2原董事长王创民被"双开"m.ccdi.gov.cn
3. 3原董事长王创民被"双开"district.ce.cn