Jinfei

What Jinfei does

Jinfei Holdings Group Co., Ltd. (今飞控股集团有限公司) is a privately held Chinese industrial conglomerate founded in 1959 and headquartered in Jinhua, Zhejiang, with Chairman Ge Bingzao (葛炳灶). Through its Shenzhen-listed subsidiary Zhejiang Jinfei Keda Wheel Rim Co., Ltd. (浙江今飞凯达轮毂股份有限公司, SZ.002863), the group manufactures aluminum alloy wheels for passenger vehicles and motorcycles, automotive structural components, intelligent manufacturing equipment (industrial robots), and recycled aluminum materials. It also operates an internal R&D platform (今飞研究院) for new materials and an aviation components business (Jinxiang Aviation) supplying AVIC Shenfei Civil Aircraft.

The group generates revenue primarily by selling manufactured components on long-running OEM supply contracts. The listed subsidiary exceeded 5.3 billion RMB (~$750M USD) in 2025 revenue, up 18.46% year-on-year, with overseas revenue growing 54.87%. Customers include Beijing Benz, FAW Xiali, Changhe Suzuki, Daimler-Chrysler, Dongfeng Liuzhou (automotive); Harley-Davidson, Piaggio, Honda, Sanyang Honda, Ninebot, Xiamen Yaxing (motorcycles); and AVIC Shenfei Civil Aircraft (aerospace). Pricing follows standard B2B component-supply economics — volume-based per-unit pricing tied to OEM program lifecycles — with no SaaS, subscription, or marketplace revenue mechanics.

The group's go-to-market is anchored by a multi-base production footprint that includes Jinhua (Zhejiang), Yichun (Jiangxi), Lu'an (Anhui), Zhongning (Ningxia), Qujing/Fuyuan (Yunnan) domestically, plus Rayong (Thailand), India, and the USA internationally. It is vertically integrating upstream via the 300,000-ton recycled aluminum project at Fuyuan Jinhong, expanding downstream into magnesium technology through a 2026 joint venture with Lanxi City, and broadening its product surface into aviation structural components. The group holds 1,284 authorized patents (including 41 invention and 326 utility model patents) and has participated in 10+ national and industry standards, with 9 provincial first-set equipment products recognized and 30+ provincial/municipal key R&D projects.

Name

Jinfei

Legal name

今飞控股集团有限公司

Website

https://jinfei.cn

Company type

Private

Founded year

1959

Operating status

Operating

Short description

Jinfei Holdings Group is a Chinese industrial conglomerate (founded 1959) that manufactures aluminum alloy wheels, automotive structural components, and intelligent manufacturing equipment, serving global automotive, motorcycle, and aerospace OEMs across China, Thailand, India, and the USA.

Ownership category

akta.pro rank

Headquarters

HQ city

Jinhua

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Distribution channels4 records

Marketing channels6 records

Core offering

Jinfei is a manufacturing conglomerate that fundamentally manufactures aluminum alloy wheels for automobiles and motorcycles, automotive aluminum structural components, and related intelligent manufacturing equipment. Its operations span the full industrial chain from recycled aluminum raw materials (300,000-ton annual capacity at Fuyuan Jinhong subsidiary) through new materials R&D to finished wheel and component production, supplying major automotive and motorcycle OEMs across China and international markets.

Product overview

Jinfei (今飞控股集团有限公司) operates as a manufacturing conglomerate with a platform-plus-modules architecture. The core business is dual-driven by aluminum alloy wheels and automotive aluminum structural components, with diversified support from light alloy materials and intelligent equipment. The product portfolio includes six main categories: aluminum alloy wheels (automotive and motorcycle), new materials, intelligent equipment (industrial robots), recycled aluminum materials, modern services, and agricultural development. The company positions itself as a 'smart manufacturing service expert' for aluminum alloy component related industries, with global production bases across China (Jinhua, Yunnan, Ningxia, Anhui, Jiangxi), Thailand, India, and the USA.

Differentiator

Problem solved

Functional benefit

Brands

• 铝合金车轮 (Aluminum Alloy Wheels): Automotive aluminum wheel rims — core product category.
• 新材料 (New Materials)
• 再生铝材料 (Recycled Aluminum Materials)
• 智能装备 (Intelligent Equipment)
• 农业发展 (Agriculture)
• 现代服务业 (Modern Service Sectors)

Products and services

• Aluminum Alloy Wheels (铝合金车轮) Automotive aluminum alloy wheels for passenger vehicles, commercial vehicles, and motorcycles. The flagship product line manufactured using advanced casting, forging, and surface treatment processes, supplying major global automotive and motorcycle OEMs.
• New Materials (新材料) Light alloy materials including new aluminum alloy materials developed for automotive and aerospace applications, supporting the production chain alongside aluminum wheel manufacturing. Includes development of high-performance aluminum alloy materials, evidenced by a national invention patent for high-performance aluminum alloy material independent R&D.
• Intelligent Equipment (智能装备) Industrial robots and intelligent manufacturing equipment used for automotive parts production and supporting digital factory transformation, with application across manufacturing enterprises seeking factory automation, labor cost reduction, and production efficiency improvement.
• Recycled Aluminum Materials (再生铝材料) Recycled aluminum alloy ingots produced at Fuyuan Jinhong Metal Products Co., Ltd. with annual capacity of 300,000 tons, producing ZLD104, ADC12, and A380 series aluminum alloy ingots for downstream foundries and casting manufacturers.
• Motorcycle Wheel Rims (摩托车轮毂) Motorcycle aluminum alloy wheels manufactured as part of the comprehensive wheel product portfolio, supplying domestic and international motorcycle OEMs including Haojue Suzuki, Qjiang Group, Honda, Sanyang Honda, and Piaggio.
• Aviation Structural Components Aviation structural components and aerospace manufacturing services produced through Zhejiang Jinxiang Aviation Manufacturing Co., Ltd., serving aerospace customers such as AVIC Shenfei Civil Aircraft, with which Jinfei Keda won the '2024 Annual Excellent Supplier' award.

Quantifiable outcome

• 2025 annual revenue exceeded 5.3 billion RMB with 18.46% year-on-year growth and overseas revenue growing 54.87%
• +3 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, minor, flagship and moderate.

• 金华市今飞镁科技有限公司coreStrategic or Co-development Partner · 1 January 2026Zhejiang Jinfei Kaida signed cooperation agreement with Lanxi City to co-build Jinhua Jinfei Magnesium Technology Co., Ltd., expanding into magnesium alloy materials for electric motorcycle wheels and new product development.
• 皈隐农文旅 (Guiyin Agriculture-Tourism-Culture)minorGTM or Marketing Partner · 1 July 2025Partnership with Guiyin Agriculture-Tourism-Culture company for agricultural products and farm-based cultural activities. Jointly organized farm picking events and farm culture exchange activities for employees.
• 中航沈飞民用飞机有限责任公司 (AVIC Shenfei Civil Aircraft)flagshipStrategic or Co-development Partner · 1 December 2024Co-built Aviation (New Quality Productive Forces) Joint Innovation Center with AVIC Shenfei Civil Aircraft, representing strategic expansion into aerospace manufacturing. Zhejiang Jingfei Kaida won '2024 Annual Excellent Supplier' from AVIC Shenfei. Joint collaboration on aviation structural components and manufacturing technology.
• 沃森制造（泰国）有限公司 (Watson Manufacturing Thailand)coreStrategic or Co-development Partner · 1 July 2024Wholly-owned subsidiary in Thailand operating in Thai-China Industrial Park, Rayong Province. Phase II groundbreaking June 2024, new factory inauguration in 2026. Annual production of 2 million new energy vehicle aluminum wheels. Core overseas manufacturing base.
• 云南今飞铝业有限公司 (Yunnan Jinfei Aluminum)coreStrategic or Co-development Partner · 1 July 2024Yunnan Jinfei Aluminum joined Qujing High-tech Industrial Development Zone Green Aluminum Deep Processing Industry Chain Community, deepening integration in the green aluminum supply chain.
• 浙江工业大学 (Zhejiang University of Technology)moderateStrategic or Co-development Partner · 1 July 2024School-enterprise cooperation for talent cultivation and R&D collaboration. Zhejiang University of Technology President Gao Xiang visited Jinfei headquarters July 2025. Part of Jinfei's multi-university collaboration network for talent and innovation.
• 西湖大学 (Westlake University)moderateStrategic or Co-development Partner · 1 July 2024Jinfei Holdings partnered with Jinhua Entrepreneurs Association to support Westlake University's development, indicating academic and research collaboration.

Scale indicators10 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• Wanxiang Group: Wanxiang Group is a major Chinese automotive parts conglomerate with diversified operations across automotive components, including wheel and chassis systems. Comparable to Jinfei as a Chinese auto parts manufacturer, though significantly larger and broader in scope with global operations.
• Howmet Aerospace: Howmet Aerospace is a large US-based manufacturer of aluminum products for aerospace and automotive applications. Comparable to Jinfei's growing aerospace structural components business and aluminum manufacturing expertise, though significantly larger and broader in scope.

Direct peers

• Ronal Group: Ronal Group is a Swiss-based global aluminum wheel manufacturer serving automotive OEMs with production facilities across Europe, Asia, and the Americas. Comparable to Jinfei in aluminum wheel manufacturing technology and global OEM customer relationships.
• Zhongfu Industrial: Zhongfu Industrial is a major Chinese aluminum wheel and auto parts manufacturer with global presence. Comparable to Jinfei as a Chinese aluminum wheel supplier serving both automotive and motorcycle OEM customers with international operations.
• Enkei Corporation: Enkei is a Japanese global manufacturer of aluminum wheels for both automotive and motorcycle applications, serving major OEMs worldwide. Comparable to Jinfei in dual automotive/motorcycle wheel focus and global OEM supply relationships.
• Wanfeng Auto: Wanfeng Auto is China's largest aluminum alloy wheel manufacturer and a major global automotive parts supplier, directly comparable to Jinfei in core product (aluminum wheels) and target customer base (global automotive and motorcycle OEMs). Both are vertically integrated Chinese wheel manufacturers with overseas production footprints.
• CITIC Dicastal: CITIC Dicastal is one of the world's largest aluminum wheel manufacturers, supplying global OEMs with both automotive and commercial vehicle wheels. Directly comparable to Jinfei in core aluminum wheel manufacturing capability and global OEM customer relationships.
• Borbet GmbH: Borbet is a major German aluminum wheel manufacturer with production facilities across Europe and globally, serving premium automotive OEMs. Comparable to Jinfei in aluminum wheel production, automotive OEM customer base, and international manufacturing footprint.
• Superior Industries International: Superior Industries is one of the largest global manufacturers of aluminum wheels, supplying leading OEMs in North America and Europe. Comparable to Jinfei in aluminum wheel manufacturing, automotive OEM customer base, and global production footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries10 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 Jinfei