Huawei, Tesla supplier of precision aluminum alloy components, leading manufacturer of large-scale & complex aluminum alloy die castings
CQDJ Precision Casting Group is a leading enterprise integrating mold design and manufacturing of zinc alloy, aluminum alloy precision die casting, and precision machining. The business is involved in the four major areas of automotive, communications, electromechanical and general machinery, and is currently targeting the two emerging markets of "5G" and "new energy", covering automotive engine blocks, automatic transmissions, automotive structural parts and new energy vehicles and 4G/5G Communication base stations.
It has established strategic partnerships with Fortune global 500 companies such as Ericsson, Deutz, ThyssenKrupp, Peugeot Citroen, SAIC GM, Huawei and Tesla.
Revenue this year is expected to reach 2 billion yuan
Since 2009, CQDJ has been involved in the manufacture of equipment components for 4G communication base stations. In 2015, when the new energy vehicle market was not yet hot, CQDJ decided to increase its layout in this sector. After that, it deployed 5G manufacturing two years in advance, and promoted the transformation of product structure with intelligent and green ideas. It has successively established die-casting production bases in Chongqing, Xiangyang, and Dongguan to engage in the production, manufacturing and export of automotive parts and communication base station structural products. In the past three years, the export value has stabilized between 60 million US dollars and 80 million US dollars. From 2018 to 2019, CQDJ achieved sales revenue of 1.1 billion yuan and 1.3 billion yuan respectively. Boosted by favorable factors such as 5G industrialization in 2020, the company's sales revenue is expected to reach 2 billion yuan.