Chian Hsing Forging Industrial Co.

What Chian Hsing Forging Industrial Co. does

Chian Hsing Forging Industrial Co. (江興鍛壓工業股份有限公司) is a Taiwan-based precision forging manufacturer founded in 1971 in Taichung and listed on Taiwan's OTC market (TPEx) since February 2001. The company manufactures forged steel and aluminum components primarily for the automotive, motorcycle, bicycle, rail/transit, and industrial hardware end markets, with automotive drivetrain and powertrain components (front wheel drive shafts, transmission parts, gears, CV joints) representing the primary business segment. The company has been recognized by Taiwan Forging Association for product technology development and holds ISO 9001, IATF 16949:2016, and ISO 14001 certifications.

The company's technical platform integrates three forging modalities — cold forging (room temperature, high dimensional accuracy), warm forging (600–900°C, balanced deformation and hardening), and hot forging (above 1150°C, large deformation parts) — supported by in-house die design using PRO/ENGINEER CAD, MSC SuperForge stress simulation for process development, and ancillary heat treatment including annealing, surface treatment, and normalizing. Proprietary capabilities include cold/warm composite forging for near-net-shape precision parts, closed-die warm forging for cost-efficient raw material utilization, and precision gear forging achieving JIS 3-4 grade accuracy without secondary machining. Capital assets include 2000-ton long-stroke cold forging presses (producing 600mm shaft parts), 2500-ton hot forging automated production lines, and a 5000-ton hot forging line capable of producing approximately 50kg forgings.

Revenue is generated primarily through direct B2B sales to automotive OEMs (notably Honda/Dongfeng Honda), tier-1 suppliers, rail infrastructure operators (Taiwan High Speed Rail), and industrial manufacturers, with pricing determined per contract based on part specifications, material type, and volume. The company operates manufacturing facilities in Taiwan (Taichung headquarters, 13,150 sqm) and in China through two wholly-owned subsidiaries: Taicang (operational since 2007, originally a joint venture with German Hirschvogel) and Huai'an (operational since 2014, capitalized at USD 28M cumulative). GTM relies on direct account management and international trade exhibitions. The company's geographic footprint covers Taiwan, China, and Japan, with export relationships including rail forging components supplied to Japan.

Name

Chian Hsing Forging Industrial Co.

Legal name

江興鍛壓工業股份有限公司

Website

https://ch-forging.com.tw

Company type

Public

Founded year

1971

Operating status

Operating

Headcount range

1–10 employees

Short description

Chian Hsing Forging Industrial Co. (江興鍛壓工業股份有限公司) is a Taiwan-based precision forging manufacturer founded in 1971, producing cold/warm/hot forged steel and aluminum components — primarily drivetrain and powertrain parts — for automotive OEMs (Honda), rail (Taiwan High Speed Rail), motorcycle, bicycle, and industrial hardware markets from facilities in Taiwan and China.

Ownership category

akta.pro rank

Product category

Precision Metal Forging

NAICS

Iron and Steel Forging (332111), Nonferrous Forging (332112), Forging and Stamping (3321)

SIC

Metal Forgings & Stampings (3460)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

akta.pro secondary industry

Frames, Chassis & Structural Components Manufacturing (IMACAOAG)

Keywords

• Precision metal forging
• Automotive forged parts
• Cold forging manufacturing
• Rail infrastructure components
• Aluminum alloy forgings

Headquarters

HQ city

Taichung

HQ country

Taiwan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Forged Metal Parts Manufacturing: Manufactures and sells precision forged metal parts (automotive, motorcycle, bicycle, rail, mechanical hardware) through direct sales to OEM customers and tier suppliers. Revenue is generated through long-term supply contracts and order-based production.

Distribution channels3 records

Marketing channels3 records

Core offering

Chian Hsing Forging Industrial Co. manufactures precision forged steel and aluminum components using cold, warm, and hot forging processes. Its product portfolio spans front wheel drive shafts, gears, transmission parts, bevel gears, railway tie plates, bicycle gears, and large-scale industrial forgings up to 50 kg per piece, sold directly to automotive OEMs, tier-1 suppliers, motorcycle, bicycle, and rail infrastructure customers.

Product overview

Chian Hsing Forging Industrial Co. is a precision metal forging company established in 1971, offering a comprehensive portfolio of forged components across five product categories: Automotive Parts (including TJ/DOJ/BJ front wheel drive shafts, transmission parts, gears, and aluminium alloy forgings), Motorcycle Parts (gear shafts, clutches, chain gears, and shaft components), Rail Components (tie plates for high-speed rail exported to Japan), Bicycle Parts (gear wheels), and Machinery Hardware (pneumatic tools, sporting goods components, and high-pressure joints). The company operates integrated cold, warm, and hot forging processes with supporting heat treatment capabilities including annealing, surface treatment, and normalization. Key manufacturing assets include 2000-ton long-stroke cold forging presses producing 600mm shaft parts, 2500-ton hot forging automation lines, and 5000-ton large-scale forging production lines capable of producing 50kg forgings. Design and development leverage PRO/ENGINEER CAD software and MSC SuperForge stress analysis for process simulation.

Differentiator

Problem solved

Functional benefit

Products and services

• TJ/DOJ Front Wheel Drive Shafts (TJ、DOJ前輪傳動軸件)

Quantifiable outcome

• Precision gear forging accuracy to JIS 3-4 grade with gear profiles requiring no additional machining
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Five partnerships are on record, tiered major and core.

• Hirschvogel (Germany)majorStrategic or Co-development Partner · 1 March 2001In March 2001, Chian Hsing signed a joint venture agreement with German Hirschvogel to invest in the Taicang (太倉) facility. The joint venture company was named Hirschvogel 江興 (Taicang) Metal Products Co., Ltd. (优仕柏格‧江興(太倉)金屬製品有限公司), marking Chian Hsing's formal entry into the China automotive parts market. In April 2005, Chian Hsing purchased Hirschvogel's 49% equity stake in the Taicang company, gaining full ownership.
• Japanese Sumitatsu Co., Ltd. (日本住發株式會社)coreStrategic or Co-development PartnerIn December 2002, Chian Hsing signed a commission processing and sales agreement with Japanese Sumitatsu Co., Ltd. to produce BASE PLATE (軌道座) for Taiwan High Speed Rail — 1.2 million units over approximately 18 months. This established the company's rail components manufacturing capability.
• Taiwan High Speed Rail (台灣高鐵公司)coreOthersMajor customer for Taiwan High Speed Rail BASE PLATE (軌道座) supply — 1.2 million units produced and delivered from 2003–2004 for Taiwan's high-speed rail infrastructure project.
• Dongfeng Honda (東風本田)coreOthersMajor automotive customer for which Chian Hsing (Huai'an) began mass-producing transmission shaft forgings in 2016, supplying localized content for Honda vehicles manufactured in China.
• Japan Honda Motor Co., Ltd.coreOthersJapan Honda Motor certified Chian Hsing in 2015, preparing the company to produce front wheel drive shaft forgings for Dongfeng Honda vehicles and other Honda automotive applications.

Scale indicators8 records

Recent moves14 records

Expansion highlights6 records

Emerging players

• Wanfeng Auto Holding Group: Chinese auto parts platform serving global OEMs with magnesium alloy die-casting, forged aluminum components, and drivetrain parts. Comparable to Chian Hsing's automotive aluminum forging line and Chinese OEM customer base.

Direct peers

• Hirschvogel Holding: German automotive forging specialist and Chian Hsing's former joint-venture partner in the Taicang facility. Both serve global automotive drivetrain OEMs with warm/hot forged steel components, making Hirschvogel the closest comparable in process, customer base, and material focus.
• Ellwood Group: US forging and steelmaking group producing large forged components for defense, energy, and heavy industrial markets. Comparable to Chian Hsing in heavy-tonnage forging capacity and custom-engineered steel component manufacturing for infrastructure/industrial customers.
• Scot Forge: US-based open-die and rolled-ring forging manufacturer serving aerospace, defense, power generation, and industrial markets. Comparable to Chian Hsing's large-forging capability (5000-ton press, 50kg parts) and shared focus on custom-engineered forged metal components.
• Jiangsu Pacific Precision Forging: Chinese precision forging manufacturer focused on automotive transmission and drivetrain components for domestic and joint-venture OEMs. Directly competes with Chian Hsing's Huai'an plant for localized Chinese auto forging programs.
• Ovako: European specialty steel and forged component supplier to bearing, drivetrain, and heavy-vehicle OEMs. Comparable to Chian Hsing in precision steel forging for drivetrain and powertrain applications, with similar emphasis on clean-steel quality and fatigue performance.

Broad incumbents

• Bharat Forge: World's largest automotive forging company, supplying forged and machined components to global OEMs across passenger, commercial, and industrial vehicle segments. Comparable to Chian Hsing in core drivetrain/powertrain forging but with vastly greater scale, vertical integration, and global footprint.
• Dana Incorporated: Global provider of drivetrain, sealing, and thermal-management technologies for vehicle and industrial markets. Comparable to Chian Hsing in forged drivetrain components but operates as a tier-1 systems integrator rather than a forging specialist.
• ThyssenKrupp Forged Technologies: Industrial conglomerate with forged-steel components for automotive, wind, and heavy machinery applications. Comparable to Chian Hsing in precision and large-tonnage forging but as part of a much broader materials and industrial portfolio.
• American Axle & Manufacturing: Global automotive drivetrain and metal-forming supplier producing forged shafts, gears, and chassis components for major OEMs. Overlaps with Chian Hsing's front-wheel-drive shaft and powertrain forging portfolio but at much greater scale and integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/chian-hsing-forging-ind-co-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chian Hsing Forging Industrial Co.