Moon Environment Technology's Joint Venture Yantai Hyundai Moon Heavy Industries Specializes in Waste Heat Boilers for Gas Power Plants

Deep News2025-12-11

On December 11, Moon Environment Technology Co., Ltd. (000811) responded to investor inquiries, stating that its joint venture Yantai Hyundai Moon Heavy Industries Co., Ltd. was established in 2004. The company leverages technology from South Korea's Hyundai Heavy Industries and specializes in manufacturing waste heat boilers for combined-cycle gas power plants.

Yantai Hyundai Moon collaborates with global industry leaders such as GE, Siemens, and Mitsubishi, maintaining strong competitiveness in the international market. In 2024, the joint venture reported revenues exceeding 700 million yuan. This year, the company has experienced robust market demand.

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