Zhejiang Hengji Yongxin New Materials Co., Ltd., founded in 2009 and listed on the New Third Board in 2016, is a high-tech enterprise specializing in the R&D, production, and sales of powder metallurgy products based on iron, stainless steel, and soft magnetic materials. Its products are widely used in industries such as (new energy) vehicles, high-end motors, and magnetic materials. Upholding the corporate mission of "dedicating to the field of powder research and development to provide customers with high-quality and efficient services," the company continuously strives for quality improvement, aiming to "become a leader in the powder metallurgy segment."
Forge an innovative management model and realize common prosperity.
To become the industry benchmark in the powder metallurgy sector with a sophisticated management system.
Respect for superiors, kindness to subordinates, harmony with others, sincerity in all deeds.
Fenghua Hengji Powder Metallurgy Factory was founded.
Obtained the ISO9001 quality management system certification.
Renamed as Ningbo Hengji Yongxin Powder Metallurgy Co., Ltd., focusing on the production of components for water pump and mechanical seal industries.
Launched the production of components for automotive rearview mirror and steering systems, and was awarded the title of Fenghua High-Growth Enterprise.
Obtained the IATF16949 quality management system certification, and officially became a supplier to BorgWarner Inc. of the United States.
The new factory was officially put into operation, building a production base for stainless steel material components; was certified as a National High-Tech Enterprise.
Renamed as Zhejiang Hengji Yongxin New Material Co., Ltd.; listed on the New Third Board with the stock code 870220; won the Fenghua Industrial Transformation and Innovation Award.
Officially became a supplier to automotive brands including Changan and JAC for auto parts.
Officially became a supplier to Tenneco Inc. of the United States, Hella AG of Germany and Faurecia SA of France; its components were applied to automotive brands such as SAIC and GM.
Began exporting components to the North American and European markets; won the Enterprise Technological Innovation Team Award.
Annual sales volume exceeded 100 million yuan for the first time.
Honored as a National Specialized, Sophisticated, Unique and Novel "Little Giant" Enterprise by the Ministry of Industry and Information Technology, a Municipal Green Factory, and obtained the Zhejiang Manufacturing "Pinzi Biao" High-quality Brand certification.
Won the titles of National Excellent Intelligent Manufacturing Scenario, Provincial Cultivated Enterprise for Manufacturing Single Product Champion, and Quality Award of the People's Government of Fenghua District.
Certified as a Provincial Digital Workshop and awarded the Level-4 Digitalization Rating for Municipal Manufacturing Enterprises.
Purchased a new 27-mu industrial land to construct a digital integrated production plant for PM and MIM; the plant is scheduled to be put into operation in April 2027.
Effectively control the impacts of products, services, and operations on society; proactively anticipate and address potential concerns; establish key processes and control indicator systems to prevent related risks.
Adhere to the principles of integrity and build the organization's credit system; establish internal and external ethical performance indicators.
1. Sustainable Development Strategy: With "technological innovation driving green manufacturing and lean management empowering long-term value" as the core, we will build a sustainable development system suitable for the powder metallurgy and MIM industries, deeply integrate it into the entire processes of R&D, production, supply chain and operation, and aim to become a benchmark enterprise that is green, low-carbon, safe, efficient and responsible in the new material field.
2. Core Focus Areas: Green manufacturing and intelligent transformation and upgrading. Based on the core technology of powder metallurgy, we take green production, recycling, compliance governance and talent development as the four pillars, balance economic benefits, environmental responsibilities and social responsibilities, and support the company's long-term stable development and industrial upgrading.
3. Transparency and Reporting: Information disclosure channels (the official platform of the New Third Board, the company's official platform, and third-party platforms). At present, the annual report is the core disclosure carrier, integrating financial data, operating results, compliance status, R&D progress and other contents to indirectly reflect the effectiveness of sustainable development. Compliance Certifications: We have obtained the IATF16949 automotive industry quality system certification, and continue to promote the construction of the ISO14001 environmental management system and ISO45001 occupational health and safety management system, standardizing sustainable development practices in accordance with international standards.
4. Future Outlook: Convert sustainable development capabilities into core competitiveness, create differentiated advantages of "green technology + green products + green supply chain", and enhance customer stickiness and market share. Continuously promote the digital, intelligent and integrated development of production, empower industrial transformation and upgrading with science and technology, and build a national-level intelligent factory. Participate in the formulation of green standards for the powder metallurgy industry, share green manufacturing experience, drive the upstream and downstream of the industrial chain to jointly promote sustainable development, and help the green upgrading of China's new material industry.
