Fan Shunke, Chairman of China Nonferrous Metal Processing Industry Association, visited Tianjin Ruixin Technology for investigation
On August 24, Fan Shunke, deputy secretary of the Party Committee of China Nonferrous Metals Industry Association and chairman of China Nonferrous Metals Processing Industry Association (hereinafter referred to as “Processing Association”), visited Tianjin Ruixinchang Technology Co., Ltd. (hereinafter referred to as “Ruixin Technology”) for investigation. Received warm reception by Guo Zhanchang, chairman and general manager of Ruixin Technology.
Fan Shunke is investigating in Ruixin Technology
Chairman Guo Zhanchang welcomed the visit of Chairman Fan Shunke and accompanied him to visit the production workshop of the company, introducing in detail the basic situation, production and operation and project construction planning of Ruixin Technology. Established in 2004, Ruixin Technology is a leading domestic high-tech enterprise specializing in the research and development, production and sales of industrial precision aluminum alloy parts. Its product applications include wind power equipment, photovoltaic power inverters, inverters, and new energy vehicles. As with traditional automobiles, 5G communication base stations, automation equipment and medical equipment, the main products include power electronic radiators, automotive lightweight precision parts, automation equipment and medical equipment precision parts. The company has formed a complete system from product design, testing, mold design and manufacturing, material extrusion molding and product further deep processing. It is equipped with 5 extrusion production lines of 75MN, 36MN, 28MN (2), 25MN, and 14MN, with an annual output. A variety of industrial aluminum profiles with a production capacity of 33,000 tons; equipped with 250 CNC machining centers of various types, with an annual production capacity of 12,000 tons of deep-processed aluminum parts, which can meet orders for high-precision and high-performance aluminum alloy profiles with a unit weight of 0.2~60 Kg/m need. In 2020, the company’s extrusion material output will be approximately 15,000 tons, of which 75% of the extrusion materials will be used by the company for deep processing, achieving an operating income of 368 million yuan and a gross profit margin of 34%. Since the beginning of this year, the company has developed rapidly and has sufficient orders on hand. It is estimated that in 2021, the annual output of aluminum extrusion materials will reach 30,000 tons, the deep processing capacity will reach 25,000 tons, and the deep processing ratio will increase to about 85%. It is expected to achieve a net profit of 70 million yuan. ; The net profit is expected to exceed 100 million yuan by 2022.
Ruixin Technology always attaches great importance to technological innovation capabilities and adheres to the development path of “specialization, specialization and newness”. Since its establishment in 2004, Ruixin Technology has been recognized as the Tianjin Enterprise Technology Center in 2007; it was recognized as a national high-tech enterprise in 2008; in 2012, it was rated as an excellent small technology giant enterprise in Tianjin and the first batch of eight companies in the country. One of the pilot companies on the New Third Board; the company established a production base in Changshu in 2016; on April 21, 2020, it was listed on the Shenzhen Stock Exchange’s Growth Enterprise Market. The company has also successively won many honors such as “National Torch Program Project”, “Tianjin Scientific Progress Award”, and “National Advanced Collective in Nonferrous Metal Industry”. The company has always been deeply engaged in the deep processing of precision aluminum alloy parts, especially the independent design and manufacture of aluminum extrusion molds, which provides strong support for the company’s flexible and lean production, and can quickly respond to the diverse and customized needs of downstream customers. In 2020, the company will have more customized products. There are more than 2,000 species. The company is well-known in power electronic radiators and is widely recognized by leading downstream companies. It has won ABB Excellent Supplier, General Electric Performance Lean Award, Panasonic Electric Best Quality Award, Siemens Focus and Diligence Award, etc.
Fan Shunke discusses and exchanges at Ruixin Technology
During the discussion and exchanges, Fan Shunke listened carefully to the report of Chairman Guo Zhanchang on the operation of the company, and fully affirmed the development achievements of Ruixin Technology. For the prospects and development of Ruixin Technology, Chairman Fan also put forward six points. Suggestions: First, we must clarify the corporate positioning of high-precision aluminum parts. The company has a relatively complete aluminum processing industry chain, of which about 85% of aluminum profiles are processed into high-precision aluminum parts for sale; second, we must adhere to innovation and development, especially The company has a large number of high-end overseas customers, and it must use its technology and experience advantages to develop a large domestic market, and coordinate the development of domestic and foreign markets; third, it must make good use of the listing platform, insist on expanding the scale of production, insist on upgrading and upgrading, and improve the level of automation and intelligence; It is necessary to highlight the main track, create leading products, expand the scale of products in the fields of wind power, photovoltaics, new energy vehicles and medical care, increase product share, and consolidate the positioning of “specialization, specialization, and newness”; fifth, we must adhere to multiple methods to complement the casting Weaknesses will further enhance our core competitiveness. Sixth, we must boldly “go out” when the conditions are met. The company has established a solid overseas customer system through years of operation, and established overseas factories with a customer base.
In the discussion and exchange, Fan Shunke also made a brief analysis of the aluminum price trend that enterprises are generally concerned about.
Ruixin Technology Sales Deputy General Manager Ban Lixin, Board Secretary and Chief Financial Officer Wang Zhe, Independent Director Shi Hongwei, Deputy General Manager Liu Guocai, Human Resources Director Wu Wenjing; Vice Chairman and Secretary-General Zhang Jilin, China Nonferrous Metals Industry Association Li Defeng, director of the light metal department, Lu Jian, deputy secretary-general of the Association and Director of the Aluminum Department, and business supervisors Li Qianfeng and Lu Li participated in the survey.
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