Impro Precision Industries Limited (1286.HK)

2.170 -0.020 (-0.91%) At close: 04:08PM HKT

Impro Precision Industries Limited

Shui On Centre
Unit 803 6–8 Harbour Road
Wan Chai
Hong Kong
852 2572 8628
https://www.improprecision.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 7,681

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ruibo Lu	Executive Chairman & CEO	3.85M	N/A	1964
Ms. Hui Wang	Group VP & Executive Director	2.81M	N/A	1971
Mr. Yuepeng Yu	Group VP & Executive Director	2.27M	N/A	1971
Ms. Liwei Zhu	Group VP & Executive Director	2.43M	N/A	1969
Mr. Dong Wang	Executive Director	1.94M	N/A	1976
Mr. Wui Wing Ip CPA	CFO & Company Secretary	N/A	N/A	1977
Mr. Xulei Zhuang	Group VP, MD & Chief Engineer of Plant 3 and Executive Director & GM of Plant 4	N/A	N/A	1975
Mr. Kailiang Chen	Managing Director of Europe, Aerotek Europe, Fluidtek Europe & Germany	N/A	N/A	1981

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Impro Precision Industries Limited provides casting products and precision machining parts in the Americas, Europe, and Asia. It operates through four segments: Investment Casting, Precision machining and Others, Sand Casting, and Surface Treatment. The company offers components for fuel systems, electric fuel injection and exhaust systems, transmission systems, hydraulic orbital motors, engine blocks, cylinder heads, emission and engine systems, marine engines and steering systems, motorcycle brakes, exhaust gas recirculation and body systems, motor shafts, and turbo chargers for distributed energy engines, electric vehicles, combine harvesters, seeders, and tractors. It also provides pumps, bearings, fire safety equipment, and food processing machinery; gas turbine combustor end covers, fuel nozzles, oil drilling platform, drilling plate drilling, mining drilling tools, well completion parts, sand control and its systems, etc.; and surface treatment of nuclear reactor internals and components of control rod drive mechanisms. In addition, the company offers electroplating services for brake systems, fasteners, steering systems, emission systems, and decorative components for traditional combustion engine vehicles and electric vehicles; hard chrome plating for air and fuel systems and engine parts; and anodizing and chemical film of components for fuel systems, engine systems, hydraulic systems, and flight control systems. Further, it provides components for air and fuel systems, aircraft engine systems, hydraulic systems, flight control systems, environment control systems, landing control systems, and auxiliary power units; and surgical instruments, surgical robots, medical diagnosis equipment, biosystem equipment, and prosthetics and patient handling equipment. Additionally, the company offers customer maintenance services, as well as manages logistic centers and warehouses. The company was founded in 1998 and is headquartered in Wan Chai, Hong Kong.

Corporate governance

Impro Precision Industries Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.