Recently, the Ministry of Industry and Information Technology of China announced the list of hidden champions in the manufacturing industry. China's engine crankshaft leading companies: GLFD Precision Industry Group and its subsidiaries GLFD Crankshaft Technology Co., Ltd. and GLFD Forging Technology Co., Ltd. were successfully selected.
GLFD is committed to precision R&D and manufacturing of high-end engine crankshafts. It has always insisted on innovation-driven, and has continuously increased its high investment in technology, equipment, talents and research and development, and has gradually become the invisible champion of this industry in China. In recent years, the company has become the only external supplier for BMW engine crankshafts. In addition, the company has established a joint venture with a large German crankshaft giant to enter the field of large-size crankshafts.
According to the 2021 semi-annual report released by GLFD, the company's engine crankshaft business has shown a significant growth trend in the first half of this year, and the business of major customers such as BYD and Dongfeng Cummins has grown rapidly. Newly added high-end customers such as General Motors, Jaguar. Land Rover.
The company has established a joint venture with the world's largest independent supplier of large crankshafts to lay out the large crankshaft market, which is mainly used in many fields such as ships, construction machinery and nuclear power generating sets.
In the first half of this year, the joint venture company achieved mass supply of German MTU and Wärtsilä products while consolidating the market share of the original products of Cummins, Caterpillar, CSSC, Weichai and other new markets , And strive to achieve business breakthroughs within this year. In terms of technological transformation, new production lines have been put into use one after another as planned, and the planned design capacity has been ensured. In addition, the company has passed the certification of BV, RS, DNVG and LR, which has laid a good foundation for further opening up the international market. .