Yangzhou Seashine New Materials Co., Ltd.
海昌新材
300885
Shenzhen Stock Exchange
Company Profile
As a high-tech enterprise specializing in the R&D, production, and sales of powder metallurgy products, the company has consistently adhered to a path of “professional focus and continuous innovation” since its establishment, relentlessly developing new products and expanding into new markets. In recent years, the company has broadened its operations to include the R&D and production of MIM (Metal Injection Molding) products, SMC (Soft Magnetic) products, machined small-module precision gears, and actuator gearboxes. The steady advancement of new applications, markets, and product development provides crucial support for stable and enhanced company performance, bolstering our confidence in innovation and expansion. Strategically, we are actively positioning ourselves in emerging sectors such as automotive, robotics, home appliances, and new energy to explore new avenues. The company has developed its MIM product line for years, continuously investing to expand capacity and entering a phase of rapid growth. It now mass-produces high-strength, high-precision components for power tools, new energy vehicles, and smart home appliances. SMC soft magnetic products have also commenced mass production and entered a fast-track development phase, rapidly contributing to the company's performance growth. The company focuses on the R&D and production of precision small-module machined gears and actuator gearboxes. Leveraging its outstanding technical capabilities, it actively collaborates with clients in cutting-edge industries such as high-end power tools, new energy vehicles, robotics, and smart home appliances, providing comprehensive premium services. This series of strategic initiatives is progressively establishing new growth engines for the enterprise, driving Seashine New Materials to carve out a fresh upward trajectory in the market and inevitably becoming a new growth pole for the company. In 2025, the company successfully acquired a 51% stake in Shenzhen Xinwei Communication Technology Co., Ltd. Xinwei Communication specializes in high-precision GNSS satellite positioning antennas and BeiDou satellite communication antennas. Its products are widely applied in drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, deformation monitoring, and other fields, earning acclaim for its technological prowess and market potential. Riding the policy tailwinds of accelerated national satellite internet and commercial aerospace development, Seashine New Materials strategically positions itself in this high-growth sector through this acquisition, injecting fresh vitality into the company's high-quality development. As the integration of resources deepens, synergistic innovation effects will further unfold. Together, Seashine New Materials and Xinwei Communications are poised to write an even more brilliant chapter in the high-tech arena!
Full description
Yangzhou Seashine New Materials Co., Ltd. is an important high-tech enterprise in China, specializing in the research, development, production and sales of powder metallurgy products. It is also a national-level specialized and sophisticated "little giant" enterprise. Since its establishment in 2001, the company has always adhered to the business philosophy of "Integrity-based, Technology-driven, Excellent Quality, and Superior Service", focusing on the design, production, sales and technical services of high-precision powder metallurgy products for power tools, automobiles (including new energy vehicles), office equipment, smart home appliances and other emerging fields. The company's main products include more than 1,500 types of powder metallurgy parts such as gears, bearings, structural parts, gearboxes, sprockets, rotors, eccentric cams, and swing arms. The products are exported to European and American countries such as Mexico, Hungary, Brazil, the United States, the Czech Republic, the United Kingdom and Germany, as well as Asian countries such as India, Japan, the Philippines and Malaysia. Embrace Diversity, Excel and Endure, and Become a Global Leader in the Powder Metallurgy Industry!" is the company's vision. All along, the company has attracted a large number of industry elites with professional backgrounds, pursuits and dreams through an excellent salary and welfare system and equity incentives. The company was successfully listed on the Shenzhen Stock Exchange in 2020 (Stock Code: 300885), marking another important milestone in the company's development history.