The invested enterprises of Xichuangtou Group made a group appearance at the Zhuhai Airshow
From November 12th to 17th, the 15th China International Aviation and Aerospace Exhibition was held in Zhuhai. This time, a total of 27 aerospace industry enterprises from Wuxi participated in this "blue sky event", among which 7 are invested by Wuxi Venture Capital, including Jiangsu Longda, Parker New Materials, Guohong Tools, Hangya Technology, Loulan Technology, Kangrui New Materials, and Ruilong New Materials. Currently, Wuxi's two future industries, aerospace and low-altitude economy, are gathering momentum. Wuxi Venture Capital firmly grasps the new opportunities for the development of future industries, using "investment + investment attraction" as a dual approach, and firmly walks the path of integrating technological innovation and industrial innovation. With the vigorous rise of new productive forces, it promotes the continuous upgrading of Wuxi's high-tech industries, gathering surging momentum for the high-quality development of the city's economy and industrial transformation.
List of enterprises empowered by Xichuang Capital's investment
Jiangsu Longda, established in 2004, is committed to building a world-class research, development, and manufacturing base for high-temperature alloys. It is a demonstration enterprise for the "one-stop" application plan of high-temperature resistant blades for aero-engines and gas turbines in China's industrial strengthening project, and a national-level enterprise specializing in precision, specialty, uniqueness, and novelty. The company was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on July 22, 2022. The company has always regarded technology as the primary productive force and talent as the primary resource, focusing on high-tech manufacturing. It has established a high-temperature alloy technology research institute, a Jiangsu Provincial Academician Workstation, and a postdoctoral innovation practice base. It has been recognized as a Jiangsu Provincial High-temperature Alloy Engineering Technology Research Center and a Jiangsu Provincial High-temperature Alloy Engineering Research Center.
Founded in 2006, Parker New Materials is a high-tech enterprise specializing in the research, development, production, and sales of metal forgings. Its main products include various types of ring forgings, free forgings, and die forgings made of high-temperature alloys, titanium alloys, aluminum alloys, magnesium alloys, stainless steel, heat-resistant steel, alloy steel, carbon steel, etc., which are widely used in aerospace, energy and power, petrochemical, machinery, and other industries. The company has entered the supply chain systems of leading domestic enterprises or their subsidiaries in various fields such as Shanghai Electric, Dongfang Electric, Harbin Electric Corporation, China Shipbuilding Industry Corporation, and China State Shipbuilding Corporation. It has also obtained supply chain system certifications from international high-end equipment manufacturers such as Rolls-Royce, Mitsubishi Electric, and Siemens.
Guohong Tools was established in 2004. It is a high-tech enterprise specializing in the research, development, production, sales, and service of ultra-high-precision CNC cutting tools and integrated circuit packaging wedge splitters. Guohong Tools possesses strong full-process capabilities, with over 290 advanced processing and testing equipment. Its core products, such as carbide cutting tools, superhard cutting tools, ceramic cutting tools, and integrated circuit packaging wedge splitters, are highly recognized by users. The company maintains long-term partnerships with Jabil Group, Foxconn Group, Samsung Group, China Aero-Engine Group, China Electronics Technology Group Corporation, Sany Heavy Industry, Linamar, Bosch Group, etc. The company continues to make technological breakthroughs, holds several technology patents, and has received honors such as Jiangsu Precision Cutting Tool Engineering Technology Research Center and the national-level "Little Giant" for specialized, refined, unique, and innovative enterprises. Its ultra-high-precision CNC cutting tools have been successfully applied to the domestic C919 aircraft project.
Hangya Technology is a high-tech enterprise specializing in the research, development, production, and sales of key components for aero-engines and forged medical orthopedic implants. Its main products include aero-engine compressor blades, rotating parts, and structural components. Since its establishment, the company has undertaken multiple national, provincial, and municipal major research and development tasks related to the manufacturing of key components for aero-engines, including research and application of precision forging technology for titanium alloy and high-temperature alloy compressor blades, advanced machining technology for turbine disks, and research, development, and industrialization of integral blisks. A scientific research project undertaken by the company for a certain department is in line with the basic scientific research project of the "Large Aircraft" special content of the national major science and technology projects.
Loulan Technology is a company specializing in the research, development, and testing of combustion chamber units in the "two-engine" and ground gas turbine fields. After years of development and accumulation, it has essentially established processing capabilities for all processes related to combustion chamber unit components, excluding spraying, electron beam welding, and surface treatment. This capability can meet the processing, testing, and assembly needs for engine flame tube components, nozzle components, casings, and other components.
Kangrui New Materials is a national high-tech enterprise specializing in the manufacturing of metal products. It is currently the most professional integrated supplier of materials and components for domestic stainless steel, alloy steel, titanium alloy wires, rods, profiles, composite materials, and parts. Its leading products are austenitic precision structural components and composite structural components, which are core products in the upstream of the precision structural component manufacturing industry chain. They fill the gap in domestic composite technology for dissimilar metals and belong to the key basic materials in the "six-base" new material field of industry. They are widely used in aerospace, robot components, 5G semiconductors, and other fields. Its titanium alloy composite material-related technology has reached the international leading level.
Ruilong New Materials, established in 2016, is a domestic high-tech enterprise specializing in the research, development, production, sales, and service of high-frequency copper clad laminates. In 2023, it was recognized as a national "Little Giant" enterprise for specialized, refined, unique, and innovative enterprises. With eight years of deep experience in the field of high-frequency copper clad laminates, the company is one of the few domestic companies that can independently control the entire process from filler formulation, slurry regulation to production. Currently, it possesses more than 10 key core technologies, which have solved the problem of domestic substitution for basic materials in the field of electronic communication and played a supporting role in national defense strategic security. It pioneered the preparation technology of high-performance ceramic fillers resistant to radiation, and is the first domestic company to pass the testing and certification of the "China Academy of Space Technology". It is also the only domestic material with on-orbit experience, filling the gap in the field of high-frequency materials for satellite & space electronics in China. It provides high-quality, cost-effective products and faster local services for domestic major equipment manufacturing.