Recently, WXHY Precision Technology Group successfully IPO.
WXHY is a professional manufacturer of high-performance components in the field of aeroengines and medical orthopedics, focusing on the R&D, production and sales of key aeroengine components and medical orthopedic implant forgings.
Recognized by well-known international customers and deepen its supply system
As the "heart" of the aircraft, the aero engine is known as the "jewel in the crown of modern industry". Its performance directly determines the aircraft's carrying capacity, range and reliability and other key performances, and is the core foundation for the development of the aviation equipment industry. From the perspective of industry development, the overall market demand for the aviation parts industry is still expanding, with a strong development momentum and a good market prospect.
In the field of aeroengines, WXHY has supplied large quantities of aero engine compressor blades to international mainstream aero engine companies, and has penetrated into the supply systems of Safran and GE Aviation among the world`s well-known aero The Aviation Development Group and other major global aeroengine companies supply large quantities, and their technical level and product standards have been certified by global mainstream engine companies.
In the field of medical orthopedics, WXHY is an important qualified supplier of Johnson & Johnson Medical in the Asia-Pacific region. It is also a qualified supplier of well-known medical device manufacturers at home and abroad such as Smith & Nephew, Chun Li Zhengda, Weigao Orthopedics. Relying on reliable product quality, craftsmanship, delivery time, service response capabilities, etc., it has been widely recognized by major customers in the industry, and it has formed a strong sticky and cooperative relationship with it, which has become one of the company's competitive advantages.
Forging and refining technology Undertake large-scale scientific research projects
In fact, the field of aero engine parts has high requirements for suppliers' R&D and innovation capabilities, and WXHY has reached cooperation with many internationally renowned customers mainly due to its strong technical reserves and scientific research capabilities. In 2017-2019, the R&D expense ratio of WXHY reached 14.91%, 13.89%, and 11.93% respectively. In addition, in research and development, WXHY broke through the precision forging deformation control and front and rear edges of the aero engine compressor blades through the deep cultivation of precision forging near-net forming technology. Key technologies such as size control, tissue performance control, and surface integrity control. In addition, WXHY has mastered mold reverse design and reverse manufacturing, adaptive polishing and repair of the front and rear edges of blades, combined processing technology of compressor hub and barrel, rapid measurement of complex curved surfaces, double-sided shot peening technology for integral blisks and blades, and precision machining technology for tongue and groove And many other core technologies.
Since its establishment, WXHY has undertaken a number of major national, provincial and municipal key aero-engine key parts manufacturing research tasks, including titanium alloy and superalloy compressor blade precision forging technology research and application, turbine disk advanced processing technology research, and overall Development and industrialization of leaf discs. Among them, the scientific research projects undertaken are in line with the basic scientific research projects of the "large aircraft" special content of the major national science and technology projects.
However, in the field of engine manufacturing, only leading component suppliers can participate in the synchronous design of new engines; and WXHY has developed CJ1000 and CJ2000 engines and multiple engines with multiple engine design institutes of China Aviation Development Group and China Aviation Development Corporation. The synchronous design work of key components such as blades, blisks, casings and disk ring parts of the model high-performance advanced domestic engine, while demonstrating its own technical strength, has laid a solid foundation for the industrialization of future components.
WXHY's raised investment project expands its production capacity, consolidates and further enhances its leading domestic position in aero-engine parts and medical orthopedic implant forgings.