Innovation New Material Technology Co., Ltd. engages in the research, development, production, and processing of aluminum alloys and their products.
The company’s subsidiaries include Yunnan Chuangtuo Renewable Resources Recycling Co., Ltd., Suzhou Chuangtai Precision Technology Co., Ltd., Shandong Chuangxin Jinglv Metal Manufacturing Co., Ltd., Inner Mongolia Chuangyuan Plate Co., Ltd., and Beijing Zhenwang Technology and Trade Co., Ltd.
Business Segments
The company’s business is organized...
Innovation New Material Technology Co., Ltd. engages in the research, development, production, and processing of aluminum alloys and their products.
The company’s subsidiaries include Yunnan Chuangtuo Renewable Resources Recycling Co., Ltd., Suzhou Chuangtai Precision Technology Co., Ltd., Shandong Chuangxin Jinglv Metal Manufacturing Co., Ltd., Inner Mongolia Chuangyuan Plate Co., Ltd., and Beijing Zhenwang Technology and Trade Co., Ltd.
Business Segments
The company’s business is organized into several key segments, each addressing specific market needs and leveraging the company’s core competencies in aluminum processing and advanced materials technology.
Aluminum Alloy and High-End Materials Segment: This segment focuses on the development and production of high-strength, high-toughness aluminum alloys for use in demanding applications. The company targets high-end markets, including 3C consumer electronics, automotive lightweighting, and high-strength superconducting cables.
Recycled Aluminum and Green Materials Segment: The company is committed to sustainable development and has established a comprehensive system for the recycling and utilization of scrap metals. This segment encompasses the collection, processing, and reuse of waste aluminum, with a focus on full-process recycling and value-added upgrading. The company’s recycled aluminum products are used in a variety of applications, including automotive, construction, and industrial manufacturing.
Precision Components and Structural Parts Segment: This segment addresses the growing demand for precision-engineered aluminum components in sectors such as automotive, electronics, and industrial equipment. The company’s subsidiaries, such as Suzhou Chuangtai Precision Technology Co., Ltd., are equipped with advanced manufacturing capabilities for the production of high-precision parts, including rods, billets, and structural components.
Plate, Strip, and Foil Segment: The company’s plate, strip, and foil business focus on the production of high-end products for specialized applications. The company invests heavily in R&D and quality improvement to develop products, such as high-end oxidation materials, cathode foils, pharmaceutical foils, double-zero foils, and decorative panels for new energy vehicles.
Cable and Wire Segment: The company has expanded its capacity for aluminum rod and cable production. The company’s strategy in this segment includes the development of new products that substitute aluminum for copper, particularly in the context of new energy vehicle cables.
Business Strategy
The company’s business strategy is built on three core pillars: high-end product transformation, global expansion, and green development.
High-End Product Transformation: The company is committed to aligning with industry development trends by focusing on the high-end market. The company’s strategy involves targeting high-strength, high-toughness aluminum alloys, 3C consumer electronics, automotive lightweighting, high-strength superconducting cables, and recycled aluminum as its five main business tracks. The company prioritizes research and development of high-end products, production of high-end products, and the development of high-end customers. The company continuously increases its R&D investment to ensure product quality, enhance product diversity, and leverage its strengths in customized and refined production.
Global Expansion: The company’s global strategy is guided by the national Belt and Road initiative, with overseas market expansion identified as a key direction for future growth. The company is committed to rapid internationalization, intends to quickly capture international market share and respond to global customer needs.
Green Development: The company is dedicated to building a five-in-one development system encompassing green energy, green production, green emissions, green products, and green recycling. The company adheres to a low-carbon, energy-saving development path, increasing the use of clean energy and the proportion of green energy in its operations. The company utilizes hydropower and wind-solar power in regions, such as Yunnan and Inner Mongolia and accelerates the construction of recycled aluminum capacity.
Products and Services
The company offers a comprehensive range of products and services within the aluminum industry, tailored to meet the needs of various high-end and emerging markets.
Aluminum Alloy Products: The company specializes in the production of high-strength, high-toughness aluminum alloys, which are widely used in transportation, machinery, electronics, and construction. The company’s aluminum alloy products are designed to offer superior mechanical properties, corrosion resistance, and processability, making them suitable for demanding applications in automotive lightweighting, 3C consumer electronics, and high-strength superconducting cables.
Recycled Aluminum: The company has established a robust system for the recycling and utilization of scrap metals, with a focus on full-process recycling and value-added upgrading. The company’s recycled aluminum products are used in automotive, construction, and industrial manufacturing, supporting the transition to a circular economy and reducing environmental impact.
Precision Components: The company’s subsidiaries are equipped to produce high-precision aluminum components, including rods, billets, and structural parts. These products are used in automotive, electronics, and industrial equipment, where precision engineering and material performance are critical.
Plate, Strip, and Foil Products: The company produces high-end plate, strip, and foil products for specialized applications. Key products include high-end oxidation materials, cathode foils, pharmaceutical foils, double-zero foils, and decorative panels for new energy vehicles.
Cables and Wires: The company manufactures aluminum rods and cables, with a focus on new products that substitute aluminum for copper, particularly in new energy vehicle cables.
Customized Solutions and Technical Services: The company offers customized product development and technical support to its customers, working closely with them to develop new alloys, improve production processes, and enhance product performance.
Geographical Markets Served
The company serves both domestic and international markets, with a strong presence in China and expanding operations overseas. The company’s domestic operations are concentrated in key regions, such as Shandong, Yunnan, Jiangsu, and Inner Mongolia.
Recent Acquisitions
The company’s structure includes the establishment of new subsidiaries, such as Fitzory Management Limited, Inverleith Management Limited, Paddington Management Limited, and Richmond Management Pte. Ltd, as of October 18, 2024.
Customers
The company’s customer base includes leading enterprises in the 3C consumer electronics, automotive, industrial, and construction sectors, with a focus on high-end and high-potential clients.
Sales and Marketing
The company’s sales and marketing strategy involves a combination of direct sales to end customers and collaboration with OEMs (original equipment manufacturers) and contract manufacturers. The company’s approach includes the development of dedicated sales teams for key business segments, such as 3C consumer electronics and new energy vehicles, to achieve targeted market penetration.
The company’s international sales strategy includes the establishment of overseas subsidiaries and the formation of export-oriented sales teams to systematically develop international markets.
Government Regulations
The company operates in strict compliance with national laws and regulations, including the Company Law, Securities Law, and relevant regulatory requirements issued by the China Securities Regulatory Commission and the Shanghai Stock Exchange.
History
The company was formerly known as Beijing Hualian Hypermarket Co., Ltd. Innovation New Material Technology Co., Ltd. was founded in 1996.