On December 3rd, China's leading manufacturer of turbocharger components and aluminum alloy precision die castings releases Q3 financial report:
In the first three quarters of 2020, the company achieved operating income of 673 million yuan, a year-on-year increase of 18.9%, and realized net profit attributable to shareholders of listed companies of 124 million yuan, a year-on-year increase of 5.64%; the third quarter achieved operating income and net profit of 307 million yuan and 60.72 million yuan, the two indicators increased by 52.63% and 36.43% respectively;
The company has already cooperated with Garrett, Cummins, Bosch-MAHLE Technology BMTS, Changchun Fawer Ishikawa Island (FIT), BorgWarner, Pierburg, Shanghai Lingzhong (SMTC), Mitsubishi Heavy Industries (MHIET) and other famous automotive turbochargers and engines related manufacturing The company has established long-term and stable business cooperation relationships; in the fields of aviation, pneumatic tools and refrigeration equipment, the company has also established good business cooperation relationships with major companies in this field.
The company officially obtained the Tesla supplier code in February 2020 and became a qualified supplier of Tesla; at the same time, the company passed the on-site audit of the company's hydrogen fuel cell auto parts by Bosch (China) and officially obtained its supplier code.
Precision Manufacturing capabilities
WXBS has provided tens of millions of various precision parts for the automobile, communications, pneumatic tools, air conditioning and refrigeration, medical equipment and other industries for more than 20 years. Its excellent quality and active and timely supply capabilities have won domestic and foreign customers Unanimously praised, the company has imported hundreds of CNC comprehensive processing equipment from Germany, Japan and other places, and can quickly deliver samples to customers and meet their small batch orders
+ Comprehensive quality advance planning and project management capabilities (APQP) led by an experienced engineering and technical team.
+ The world-renowned testing instruments enable us to have complete inspection methods.
+ Own non-ferrous precision die-casting and comprehensive supporting capabilities of various raw materials in the strategic alliance system.
+ Comprehensive manufacturing capacity from Φ1mm～Φ540mm turning parts to large parts ≤4000x2000x1000mm.
+ Turning manufacturing-mass production capacity of micron tolerance parts.
+ Rich experience in machining difficult-to-cut materials (such as nickel-based alloys, titanium alloys).
+ Pass a number of quality assurance systems.
+ Leading domestic fixture design and manufacturing capabilities.
Customer reference
In terms of turbocharger parts, the company has established a long-term and stable cooperative relationship with the world's top turbocharger manufacturers Garrett and Cummins. The company's lightweight structural parts have intended customers and reserve orders, and the downstream intended customers of hydrogen fuel cell auto parts include Garrett, Hydwell, and Bosch China;
Customers of precision aluminum alloy die castings include: GM,Bosch, Tesla, YAZAKI, AUTOLIV, BROOKS..