Hengye

Frederico W. L. PINNOCK MAKILANDA

Chairman of the Board and CEO

HENGYE ELECTRONICS INDÚSTRIA

“We believe that by locally manufacturing prepaid meters, we will help companies increase operating revenues and reduce import costs.”

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Hengye In Figuress

Angolan employees500+

Electricity meters annually300,000

Water meters annually200,000

Hengye Electronics Indústria is an Angolan company tied back to the Chinese Hengye Group. The company has established itself in Luanda and developed a plant to produce water and electricity meters for the Angolan market. Located in the Special Economic Zone (ZEE), Hengye Electronics has taken advantage of the infrastructure and easy-to-access services the zone provides to become a leading actor for in-country manufacturing of metering systems.

Current activities: Hengye is participating in a tender the Angolan government has launched as a call to procure electricity meters to the country.

Production capabilities: Hengye has the manufacturing capability to build 500,000 prepaid low-voltage meters a year. With high-end technology integrated to the metering system as well as a 24/7 technical support system, the company positions itself as a strong competitor for both price and quality.

Operational objectives: In the short term the company wants to diversify towards the production of electric cables and other components complementing the meters’ functioning.