Hongli Group Inc. (HLP) Research

Hongli Group Inc., through its affiliated entities, specializes in the engineering, tailoring, production, and distribution of cold roll-formed steel profiles. These precision components are utilized in a variety of machinery and equipment, with a market reach that extends across the People's Republic of China, South Korea, Japan, the United States, and Sweden. The company's products cater to essential sectors such as mining and excavation, construction, agriculture, and transportation. Established in 2021, the firm's corporate headquarters are situated in Weifang, China. Hongli Group Inc. operates as a subsidiary of Hongli Development Limited.

Market snapshot

Symbol
HLP
Price
$0.44
Day change
+2.33%
Market cap
$32.8M
P/E ratio
16.56x
52-week range
0.342-1.72
Sector
Basic Materials
Industry
Steel

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