On June 08, China's leading manufacturer of precision stamping molds and metal structural parts GDXX Precision Machinery Group issued an announcement that the company will invest no more than 1 billion yuan for NBXX precision metal structural parts, large high-quality precision automotive molds and parts Production base construction project.
Founded in 2004, GDXX Precision Machinery Group is an enterprise specializing in the research, development, production and sales of precision stamping dies and metal structural parts.
Due to strong demand, GDXX has been looking for capacity expansion:
In 2015, an investment of 548 million yuan was invested in the reconstruction and expansion of auto molds and auto parts, as well as the construction of R&D centers.
In 2019, it will invest 989 million yuan to build a large-scale precision automotive mold and auto parts production base, the second phase expansion of the auto parts Changshu production base, and the construction of the Guangzhou R&D center.
Eager to expand production, Xiangxin Technology has obvious advantages in related technologies and customers.
Xiangxin Technology is mainly engaged in the research, development, production and sales of precision stamping dies and metal structural parts. The company said that it has always adhered to the precision stamping die as the basis, constantly improving the level of automation and intelligence of the mold, and providing precision stamping dies and metal structural parts for customers in the automotive, communications, office and electronic equipment industries.
It has successfully developed an automatic precision progressive mold independently and is widely used in mass production of metal structural parts. The precision progressive mold can greatly improve production efficiency, reduce labor requirements, and is more conducive to large-scale production. In addition, the company's ultra-high-strength plate and aluminum-magnesium alloy mold forming technology advantages, the mold technology in various professional areas of the automobile has professional advantages, such as the company's various types of seat side panels, seat basin parts use large continuous mold or manipulator The production efficiency of the transmission die can be increased by 1.3-1.5 times, and the service life is higher than the domestic average level, and the maximum service life can reach 5 million strokes.
Xiangxin Technology regards improving technology research and development capabilities as the key to enhancing the company's core competitiveness. As of the end of 2019, the company had 1,134 R&D and technical personnel, accounting for 41.48% of the company's total.
The company has a group of global well-known corporate customers. The advantage of customer resources is the embodiment of Xiangxin Technology's competitiveness:
In the automotive field, the company cooperates with world-renowned automobiles such as Andorto/Johnson Controls, Valeo, Mahle, Faurecia, Bentler, VAI, Yanfeng, Qihao, Aisin Seiki, Hamanbeck, etc. Parts companies have maintained a long-term cooperative relationship, and have become a qualified supplier of well-known vehicle manufacturers such as Guangzhou Automobile Group, FAW Volkswagen, Weilai Automobile, Geely Automobile, Ningde Times, Daimler, etc., the company's precision automotive stamping dies and metal structural products It has been widely used in the production of Porsche, Audi, BMW, Mercedes-Benz, Volvo, Jaguar, Land Rover and other brands.
In the field of communications equipment, the company's main customers include well-known enterprises such as Huawei and ZTE.
In the field of office and electronic equipment, the company's main customers include Toshiba, Epson, Ricoh and other well-known global manufacturers.