NGC Group
NGC Group, founded 1969 in Nanjing, designs and manufactures gearboxes and power transmission systems for wind energy, rail transit, industrial equipment, robotics, and new energy vehicles, serving OEMs and operators across 30+ countries with proprietary journal bearing technology and IoT-enabled condition monitoring.
- Company typePrivate
- Founded1969
- HeadquartersNanjing, China
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What NGC Group does
NGC Group, legally Nanjing High Speed Gear Manufacturing Co., Ltd. (南京高速齿轮制造有限公司), was founded in 1969 and is headquartered in Nanjing, China, operating as a wholly-owned subsidiary of Hong Kong-listed China High Speed Transmission Equipment Group Co., Ltd. (00658.HK). The company employs 5,001–10,000 people across five wholly-owned operating subsidiaries covering wind energy, industrial, rail, robot reducers (NGCRV), and new energy vehicle transmissions. NGC sells directly to enterprise OEMs in wind energy (Goldwind and others), rail transit (metros in China, Europe, Americas, South Africa, Australia, Brazil, Tunisia), heavy industry (Baowu, CITIC, Masteel, Lu'an Chemical), robotics/CNC (industrial robot manufacturers and machine tool builders), and new energy vehicles (passenger and commercial EV producers), with regional headquarters in Duisburg (Germany, since 2014), the Americas, and India (since 2025) and a sales footprint in 30+ countries.
The technology backbone is a proprietary gearbox and drivetrain platform spanning 2MW to 20+MW classes, anchored by journal bearing technology (10,000+ units shipped), fully integrated drivetrain platforms achieving torque density above 270 Nm/kg, composite profile modification, and advanced coating techniques for durability. Differentiated products include the offshore 16MW front-integrated DFIG gearbox (Wind Power Monthly Gold, 2025), the 20MW offshore wind drivetrain (2024 Gold award), the new MCPRV-S high-torque RV reducer for robotics, the 2250kW tower mill permanent magnet-gear drive system, and the 22-meter ring rolling machine main gearbox. The GearSight IoT cloud platform, CMMI Level 3 certified, provides hardware-plus-software condition monitoring, anomaly detection, and diagnostic services as an add-on across the installed base.
NGC generates revenue primarily through hardware sales under quote-based B2B contracts with enterprise OEMs and project owners, supplemented by managed-services revenue from GearSight monitoring and aftermarket O&M. H1 2025 revenue was RMB 9,978,981,000 (an annualized run-rate near RMB 20 billion), representing a 1.8% YoY decline; gross margin was 18.6% and the company recorded a loss of ~RMB 136 million attributable to owners, indicating cyclical pressure in core wind and rail end-markets despite ongoing product launches and a substantial pipeline of new product introductions scheduled for 2026 mass production.
NGC Group firmographics
Firmographics- Name
- NGC Group
- Legal name
- Nanjing High Speed Gear Manufacturing Co., Ltd.
- Website
- https://ngctransmission.com
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- NGC Group, founded 1969 in Nanjing, designs and manufactures gearboxes and power transmission systems for wind energy, rail transit, industrial equipment, robotics, and new energy vehicles, serving OEMs and operators across 30+ countries with proprietary journal bearing technology and IoT-enabled condition monitoring.
- Ownership category
- akta.pro rank
NGC Group industry classification
Industry- Product category
- Power Transmission Equipment
- NAICS
- Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Mechanical Power Transmission Equipment Manufacturing (333613), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)
- SIC
- Special Industry Machinery, Nec (3559), Engines & Turbines (3510)
- akta.pro primary industry
- Gearmotors, Gearboxes & Speed Reducers (IMAGACAF)
- akta.pro secondary industries
- Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT) (IMACAHAE), Axle, Differential & Final Drive Manufacturing (Front/Rear/E-axle housings) (IMACAHAG), Passenger Vehicle Transmission & Drivetrain Systems Manufacturing (ICE) (IMACAAAG), Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM)
Keywords
Where NGC Group is headquartered
LocationHeadquarters
- HQ city
- Nanjing
- HQ country
- China
- HQ region
- Asia
Offices8 records
Markets served
NGC Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Wind Energy Gearboxes: Main gearboxes, yaw and pitch drives for wind turbines operating in 30+ countries worldwide. Products include 20+MW drivetrain platforms and 16MW front-integrated DFIG gearboxes.
- Industrial Gearboxes: Standard gearboxes, metallurgical equipment, material processing, mining equipment, high-speed gearboxes, port lifting equipment, engineering machinery, and rubber/plastic machinery.
- Rail Vehicle Gearboxes: Metro gearbox series and traction gear products for urban rail, high-speed rail, metropolitan rapid rail transit, tramcars, and locomotives.
- Robot Reducers (NGCRV): RV reducers including NGCRV-JC, NGCRV-CG, NGCRV-ZK series for robotics and automation applications with compact structure, high performance, and positioning accuracy.
- New Energy Vehicle Gearboxes: High-speed gearbox and transmission products for new energy passenger and commercial vehicles including parallel gear transmission systems and epicyclic planetary gear transmission systems.
- GearSight System Services: IoT cloud platform for gearbox health monitoring, diagnosis, and lifetime digital management including health monitoring, warning, and diagnostic analysis services.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
NGC Group product offering
Product offeringCore offering
NGC Group (Nanjing High Speed Gear Manufacturing Co., Ltd.) manufactures and supplies gearboxes and power transmission solutions across five core product lines: wind energy gearboxes (main, yaw and pitch drives for turbines up to 20+ MW), rail vehicle gearboxes for metros and high-speed rail, industrial gearboxes for metallurgy, mining, materials handling and heavy machinery, NGCRV precision robot reducers, and new energy vehicle gearboxes. The company also operates the GearSight IoT cloud platform for gearbox health monitoring, diagnostic analysis, and lifetime digital management.
Product overview
NGC Group offers a comprehensive portfolio of gearbox and transmission technology solutions organized around six core product lines: Wind Energy Gearboxes (main, yaw, and pitch drives for turbines up to 20MW+ for onshore and offshore applications), Industrial Gearboxes (standard and specialized gearboxes for metallurgical, mining, material processing, and heavy machinery applications), Robot Reducers/NGCRV (high-precision reducers including the new MCPRV-S high-torque series for robotics and automation), New Energy Vehicle Gearboxes (transmission systems for electric and hybrid vehicles), Rail Vehicle Gearboxes (solutions for metro, high-speed rail, and locomotives), and the GearSight System (IoT-enabled monitoring and diagnostic add-on for health management across the product portfolio). The GearSight platform integrates with NGC's hardware products to provide lifecycle digital management services.
Differentiator
Problem solved
Functional benefit
Brands
- GearSight: IoT cloud platform for gearbox health monitoring and diagnosis, combining gearbox and digital technology for data collection, health monitoring, diagnostic analysis, and operation and maintenance services
- Red Star Transmission
Products and services
- Wind Energy Gearboxes
Quantifiable outcome
- Torque density exceeding 270 Nm/kg for 20+MW offshore wind platforms
- +7 more outcomes
Companies that use NGC Group
Customer profileNamed customers17 records
Segments6 records
Ideal customer profiles6 records
NGC Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature7 records
NGC Group partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, strategic and minor.
- CITIC Heavy IndustriescoreNGC named as 'Strategic Supplier' for heavy equipment manufacturing, demonstrating long-term strategic cooperation in industrial equipment supply.
- Industrial Robot ManufacturersstrategicTarget collaboration partners for MCPRV-S series high-torque RV reducers. NGC invites robot manufacturers for sample testing, customized matching, and technical solution collaborations.
- Machine Tool BuildersstrategicTarget collaboration partners for MCPRV-S series reducers targeting high-end CNC machine tools and precision indexing mechanisms.
- GoldwindcoreLong-term strategic partnership where NGC serves as key supplier of core wind turbine components. NGC supplies transmission products for large-megawatt wind turbines including offshore 20-22MW gearboxes. Received Best Supplier Award, Excellent Green Supplier Award, and Sustained Value Award at Goldwind 2026 Global Supplier Conference.
- Masteel (Maanshan Iron & Steel)strategicStrategic cooperation exchange meeting held to deepen strategic partnership and jointly create new ecosystem for industrial development between steel manufacturer and transmission specialist.
- Iraeta Energy Equipment Co., Ltd.strategicIndustrial chain partner for 22-meter ring rolling machine main gearbox development. Iraeta served as customer for ultra-large ring component machining technology project with NGC providing main reducer.
- General Technology Tianjin Tianduan Press Co., Ltd.strategicIndustrial chain partner for ultra-large ring component machining technology. Collaborative innovation in equipment manufacturing between press manufacturer and NGC transmission technology.
- Jinan Volsz Numerically Controlled Machinery Co., Ltd.strategicIndustrial chain partner collaborating on 22-meter ultra-large ring rolling machine main gearbox project, contributing to domestic high-end equipment development.
- Lu'an Chemical GroupstrategicStrategic cooperation framework agreement signed for industrial chain collaboration. Both parties committed to deepening strategic partnership and jointly creating new ecosystem for industrial development.
- Amity FoundationminorCharitable partnership for public welfare programs including 'Love Is Not Rare' rare disease support initiative and parent-child charity bazaar events. NGC contributes donations and volunteer efforts.
- GoldwindcoreKey strategic partner supplying transmission products for large-megawatt wind turbines. NGC has worked with Goldwind to develop products like offshore 20-22MW fully integrated medium-speed drive train gearbox that won Global Best Drive Train Gold Award.
- China Baowu Steel Group (Baowu)coreOutstanding Global Supply Chain Partner awarded for fifth consecutive year. NGC provides standard gearboxes for blast furnace modernization and participates in low-carbon metallurgy industrial chain co-construction initiatives.
- Wind Power MonthlyminorGlobal wind power industry media outlet that recognizes NGC's transmission technology innovations through annual awards including Best Drivetrain Gold Prize.
- Offshore Wind ConferenceminorIndustry conference where NGC participates as invited speaker and presenter of technology papers on offshore wind turbine reliability and gearbox innovation.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
NGC Group competitors and assessment
Company assessmentDirect peers
- Nabtesco Corporation: Dominant Japanese manufacturer of precision RV reducers for industrial robots. The primary direct competitor to NGC's NGCRV robot reducer product line, especially in high-precision applications.
- Moventas: Finnish wind and industrial gearbox manufacturer with strong European OEM relationships. Competes with NGC in wind energy gearboxes and offers service and retrofit solutions.
- Harmonic Drive Systems: Leading Japanese maker of harmonic and RV reducers for robotics and semiconductor equipment. Directly competes with NGC's high-precision robot reducer portfolio.
- Winergy / Siemens Gamesa (now Flender): Major wind gearbox competitor formerly part of Siemens, now owned by Carlyle. Competes head-to-head with NGC for global wind OEM contracts across onshore and offshore platforms.
- ZF Wind Power (formerly Hansen): One of the world's largest wind gearbox manufacturers, supplying major Western OEMs. Directly competes with NGC in offshore and onshore wind drivetrain markets globally.
Broad incumbents
- ZF Friedrichshafen AG: Global automotive and industrial technology leader with transmission systems for passenger vehicles, commercial vehicles, and wind energy. Comparable to NGC's NEV transmission and wind drivetrain businesses.
- SEW-Eurodrive: Global leader in gear motors, drive electronics, and mechatronic systems. Overlaps with NGC's industrial gearbox portfolio and competes in factory automation and materials handling.
- Bonfiglioli Riduttori: Italian industrial gearbox and drive systems manufacturer serving industrial automation, wind, and mobility. Competes with NGC across industrial and renewable energy applications.
- Sumitomo Heavy Industries: Diversified Japanese industrial group with a strong power transmission and gearbox division. Competes in industrial gearboxes, gear motors, and precision reducers across global markets.
Regional players
- Nord Drivesystems: German manufacturer of gear motors, industrial gearboxes, and drive electronics. Strong in European and US markets, indirectly competing with NGC in industrial and specialty gearbox applications.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
NGC Group social profiles
Digital presenceNGC Group compliance and trust
Trust signalCompliance7 records
NGC Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
NGC Group leadership team
Management profileNumber of profiles
Profiles9 records
NGC Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
NGC Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NGC Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NGC Group
What does NGC Group do?
NGC Group (Nanjing High Speed Gear Manufacturing Co., Ltd.) manufactures and supplies gearboxes and power transmission solutions across five core product lines: wind energy gearboxes (main, yaw and pitch drives for turbines up to 20+ MW), rail vehicle gearboxes for metros and high-speed rail, industrial gearboxes for metallurgy, mining, materials handling and heavy machinery, NGCRV precision robot reducers, and new energy vehicle gearboxes. The company also operates the GearSight IoT cloud platform for gearbox health monitoring, diagnostic analysis, and lifetime digital management.
Is NGC Group a public or private company?
NGC Group is a private company. It is classified as corporate owned and is currently operating.
When was NGC Group founded?
NGC Group was founded in 1969. It employs 5,001 to 10,000 people.
Where is NGC Group based?
NGC Group is headquartered in Nanjing, China, in the Asia region.
How does NGC Group make money?
Six revenue lines are on record. Wind Energy Gearboxes are the primary driver. The others are industrial Gearboxes, rail Vehicle Gearboxes, robot Reducers (NGCRV), new Energy Vehicle Gearboxes and gearSight System Services.
Who are NGC Group's main competitors?
Direct peers on record are Nabtesco Corporation, Moventas, Harmonic Drive Systems, Winergy / Siemens Gamesa (now Flender) and ZF Wind Power (formerly Hansen). Broad incumbents are ZF Friedrichshafen AG, SEW-Eurodrive, Bonfiglioli Riduttori and Sumitomo Heavy Industries. Nord Drivesystems is listed as a regional player.
Does NGC Group have an API?
No public API is recorded for NGC Group.
What industry is NGC Group in?
NGC Group's product category is Power Transmission Equipment. Its primary akta.pro industry code is IMAGACAF, Gearmotors, Gearboxes & Speed Reducers, with a secondary code of IMACAHAE, Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT). Its NAICS code is 333612 and its SIC code is 3559.