News and Research on Harbin Electric, Inc. (HRBN)
Business Description
Harbin Electric, Inc., through its indirect wholly owned subsidiary, Harbin Tech Full Electric Co., Ltd (HTFE), engages in the development, engineering, manufacture and sale of customized linear motors and other special motors.
Products and Services
The company develops products based on its customers’ specific design specifications using its proprietary process technology and expertise. The characteristics of the customers’ requirement and the specific technology application in each development are exclusive.
The company offers four main products: Flat linear asynchronous motor series, Flat three-phase linear asynchronous motor, The plane goods transmission installment, and Micro-motor and armature.
Flat linear asynchronous motor series (self-cooled): The flat linear asynchronous motor series is applied in transmission systems as the production transportation line, the crane, postal service sorting machine, baggage sorting machine, printed matter sorting machine, automatic linear door, and revolving door applications. The flat linear asynchronous motor series is self-cooling using the ambient environment.
Flat three-phase linear asynchronous motor (forced ventilation): The flat three-phase linear asynchronous motor has a forced ventilation structure, which is loaded with radiator, bottom board, and air blower to reduce and dissipate heat. This motor is used in transmission systems as the production transportation line, the crane, postal service sorting machine, baggage sorting machine, printed matter sorting machine, automatic linear door, and revolving door applications.
The plane goods transmission installment: This installment is used in logistical line, custom and airport applications.
Micro-motor and armature: The micro-motor is used in home appliances including the microwave oven, refrigerator, warmer, washer, fan and other applications. The armature is used in electronic tools including electric drill, electric hammer, electric scissors, curve-saw and polisher applications.
The company’s products have been mainly used in servicing the factory automation, packaging and the oil industries. The company’s linear motor product series has been used in the oil services, factory automation, packaging and mass transportation systems industries. The company’s flat linear asynchronous motor series, flat three-phase linear asynchronous motor and the plane goods transmission installment application have been mainly applied in transmission systems including the production transportation conveyor line, the postal service sorting machine, the baggage sorting machine and the printed matter sorting machine.
The company’s flat linear asynchronous motor series application also has been used in the oil pump machine of oil field. The company’s micro-motor has been used in home application including the microwave oven, refrigerator, warmer, washer, fan and other applications, and its armature has been used in electronic tools including electric drill, electric hammer, electric scissors, curve-saw and polisher applications.
Marketing
The company targets its products to the global original equipment manufacturers (OEMs) as components or in integrated systems. The company also cooperates with major system integrators to jointly develop and market new products. The company is actively exploring the international markets for its products, and the company has established executive offices in Philadelphia, Pennsylvania.
Suppliers
The company's suppliers include GuiYang Putian Wanxiang Logistic Technology Co., Ltd., Daqing Oil Field, Suifenghe Wanrong Business Trade Co., Ltd, and Shanghai Junci Machine and Electric Equipments Co., Ltd.
Joint Research and Development Agreement
In August 2006, HTFE entered into a joint research and development agreement (the ‘R&D Agreement) with the Institute of Electrical Engineering of the Chinese Academy of Sciences (IEECAS) to produce a train and system to be tested at the Beijing Airport railway line in the PRC.
