Hongli Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $189.1M
- Price
- $2.53
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.40%
- Volume
- 47.7K
About
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.
Quick stats
Shares outstanding74.7M
Computed float66.7M
Float / shares89.2%
Key info
SectorBasic Materials
IndustrySteel
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001855557
Websitehttps://hongliprofile.com
AI Summary
AI-generated1/15
minorneutralboard change
Hongli Group Inc. Announces Appointment of Mr. Michael W. Zhang as Chairman of the Board
Hongli Group appointed Michael W. Zhang as Chairman of the Board effective September 29, 2026, succeeding Jie Liu, who remains CEO.
Director Chenglong Yang also stepped down the same day; both departures were attributed to personal reasons with no disagreement over operations or policy.
Zhang, a Yale MBA and Managing Partner of H Alpha Management, signaled a push to diversify from cold roll formed steel profiles into clean energy and solid-state lithium battery technologies.
Red flags
- Chairman and a director resigned simultaneously; 'personal reasons' given with no further detail
- New chairman flags diversification into clean energy/solid-state batteries for a steel manufacturer -- potential strategic pivot or narrative risk