On January 2021, Phoenix founder acquired Lincoln Heli (Zhengzhou) Welding Material Co., Ltd and rename it as Zhonghan Heili (Zhengzhou) New Material Co., Ltd and increased the registered capital to CNY22,454,000.
Zhonghan Heli manufacturing plant located in Shangjie City, Zhengzhou, on a site of more than 120,000 sqm, with a production area of 4,0000 sqm, and has 4 submerged arc welding flux production lines. Heli Brand is still a shining star in China’s welding industry.
On 2013, Phoenix founder withdraw capital from The Lincoln Electric Heli (Zhengzhou) Welding Material Co., Ltd and founded Zhengzhou Phoenix New Material Technology Co., Ltd. Phoenix manufacturing plant is built in 3 phases with a designed production capacity of 200,000 ton of submerged arc welding flux.
On 2008, Zhengzhou Heli Welding Co., Ltd and an American enterprise initiated the establishment of The Lincoln Electric Heli (Zhengzhou) Welding Material Co., Ltd with a registered capital of more than USD27,000,000 and a design production capacity of 100,000 ton welding flux and 100,000 ton welding wire.
On 2007, Sales volume of Zhengzhou Heli Welding Co., sales volume reached 50,000 ton per year. Heli submerged arc welding products took a market share of around 60% in China. The products were exported to Egypt, Korea, Germany, Pakistan, India, Russia, Turkey, etc.
On 2004, Zhengzhou Heli Welding Co., Ltd sales volume reached 20, 000 ton per year. The Heli products were used in the following large national engineering projects:
Bird’s Nest in Beijing
Hangzhou Bay Cross-sea Bridge
Hong Kong Stonecutters Bridge
Zhanjiang Cross-sea Bridge
Lanzhou-Chengdu-Chongqing Pipe Line
Beijing-Tianjin Pipe Line
Shanxi-Beijing Pipe Line
West-East Natural Gas Transmission Pipe Line