# Shanxi Dewang Energy-Saving Technology Co., Ltd. The first batch of “Specialized, Fine, Distinctive, and Innovative” enterprises are joining the Shanxi “Specialized, Fine, Distinctive, and Innovative” dedicated board in a centralized onboarding ceremony.

On July 22, 2025, the inaugural ceremony for the first batch of enterprises joining Shanxi’s “Specialized, Fine, and New” dedicated board was solemnly held in Taiyuan. Shanxi Dewang Energy-Saving Technology Co., Ltd. As one of the first companies to list on the board, the company has officially been listed on the Specialized, Fine, Unique, and New Board of the Shanxi Equity Trading Center, with a listing code of 080152. This milestone event marks a crucial step forward for the company on its path toward specialization, refinement, distinctiveness, and innovation, and also injects new momentum into the high-quality development of Shanxi’s air-cooling industry.

Deeply rooted in the air-cooling field, our technological prowess has established us as an industry benchmark.

Shanxi Dewang Energy-Saving Technology Co., Ltd. Founded in 2016 and headquartered in the Shanxi Comprehensive Reform Demonstration Zone for Transformation, our company is a technology-driven enterprise specializing in the R&D and manufacturing of air-cooling equipment for power plants, environmental protection engineering, and the development of new energy technologies. Guided by the core development philosophy of “professionalism, refinement, specialization, and innovation,” we have been deeply engaged in the field of air cooling for nearly a decade and have gradually grown into a leading domestic enterprise in single-row tube air-cooling systems for small- and medium-sized generating units.

The company’s technical team is led by seasoned industry experts and includes two senior engineers as well as numerous key technical personnel. Our consultant, Gao Zengbao, previously served as the head of air-cooling design at the Shanxi Electric Power Survey and Design Institute and spearheaded the design of multiple air-cooling units with capacities exceeding 300 MW. As of 2025, the company has obtained 23 patents and 10 software copyrights, covering core technologies such as specialized axial-flow fans for dry and wet air coolers and air-screening devices for cooling towers. The company’s developed combined dry-wet cooling tower systems and technical retrofit solutions for air-cooling islands have been successfully applied in major projects including the Heihe Silicon-Based Project in Gansu Province and the Lanzhou Aluminum Industry Project. Each project’s contract value exceeds ten million yuan, and the technology’s performance has reached a domestically leading level.

Our performance covers the entire country, and our market share consistently ranks among the top.

As one of the companies in China with the largest number of single-row tube installations in the small- and medium-sized air-cooling sector, Shanxi Dewang Energy-Saving Technology Co., Ltd. We have undertaken 16 projects involving 20 air-cooling units for power plants, covering multiple sectors such as waste-to-energy generation, natural-air-cooled convection towers, and coal-fired power plants. Our landmark projects include:

China’s largest waste-to-energy plant features an air-cooling system that employs single-tube technology, effectively addressing the challenge of equipment stability in highly corrosive environments and earning high recognition from customers.

The world’s first naturally air-cooled convection tower: Breaking through traditional design bottlenecks and achieving zero water consumption, providing an innovative solution for power generation in arid regions.

Xinjiang’s 60 MW air-cooled unit: Operates stably under extreme climatic conditions, contributing to the optimization of the local energy structure.

The 2×660MW direct air-cooling system retrofit at the Jilin Power Plant of State Power Investment Corporation: By adopting single-row tube technology, this project has enhanced energy efficiency and reduced operation and maintenance costs, setting a benchmark for industry-wide retrofits.

The company’s projects span regions including Inner Mongolia, Shanxi, Xinjiang, and Jilin. It ranks among the top in China in the field of air-cooled units with capacities below 100 MW, and its products are renowned for their “reliable quality and efficient service.” The company achieves a 100% contract fulfillment rate, a 100% quality pass rate, and a 100% customer satisfaction rate.

Innovation drives development, and specialized, refined, distinctive, and innovative enterprises empower transformation and upgrading.

In 2022, Shanxi Dewang Energy-Saving Technology Co., Ltd. Thanks to its technological breakthroughs and strong market performance in the air-cooling sector, the company has been honored with both the Shanxi Province “Specialized, Fine, and New” SME designation and the provincial-level “Little Giant” title for specialized, fine, and new enterprises. This inclusion on Shanxi’s “Specialized, Fine, and New” board further highlights its core competitiveness in niche markets.

The Specialized, Specialized and New Board was established by the Shanxi Equity Trading Center with the aim of providing high-quality SMEs with a full-chain financial service covering standardized shareholding reform, investment and financing matchmaking, and preparation for listing on higher-tier boards. As one of the first companies to join the board, Shanxi Dewang Energy-Saving Technology Co., Ltd. Will gain three major development opportunities:

Capital Support: Expand financing channels through equity financing, bond issuance, and other methods to accelerate technology R&D and capacity expansion.

Resource Integration: Connect with government industrial funds, research institutions, and upstream and downstream enterprises to build an air-cooling industry ecosystem.

Brand Enhancement: Leveraging the influence of the specialized board platform to boost market recognition and lay the foundation for future listings on the New Third Board or the main board.

Looking ahead, leading the green revolution in the air-cooling industry.

Faced with the demand for energy transition under the “dual carbon” goals, Shanxi Dewang Energy-Saving Technology Co., Ltd. Taking the entry into the board as an opportunity, we are accelerating our expansion into the new energy sector. Over the next three years, the company plans to invest 50 million yuan in R&D, with a particular focus on breakthroughs in high-efficiency air-cooling island integration technology, industrial waste heat recovery systems, and energy storage temperature-control solutions. We aim to achieve annual output value exceeding 500 million yuan by 2028 and become one of the key players in setting technical standards for the air-cooling industry nationwide.

Niu Mingguang, Chairman of the company, stated: “The Specialized, Fine, and New Board represents a new starting point for enterprise development. We will continue to uphold innovation-driven growth, leveraging higher-quality products and services to support the energy industry’s green and low-carbon transformation and contribute our strength and reputation to Shanxi’s high-quality development.”

This entry onto the board is not only a... Shanxi Dewang Energy-Saving Technology Co., Ltd. The recognition of its past achievements further marks its official entry into the fast track of the capital market. Guided by the “Specialized, Fine, New, and Unique” policy, this technology enterprise—rooted in Shanxi—is setting sail toward the vast horizons of the air-cooling industry, using technology as its blade and innovation as its sail.