Shandong Shuangyi Technology

What Shandong Shuangyi Technology does

Shandong Shuangyi Technology Co., Ltd. is a China-based national high-tech enterprise founded in 2000 and listed on the Shenzhen Stock Exchange (stock code: 300690). The company is headquartered in Dezhou City, Shandong Province, and employs between 1,001 and 5,000 people. It specializes in the design, R&D, manufacturing, sales, and service of advanced composite material products, serving industrial manufacturers across automotive, wind energy, marine, and general industrial sectors.

The company's core technological platform is a 'process matrix' of composite material forming technologies, including autoclave, HP-RTM (high-pressure resin transfer molding), P-DCPD, VARI, PCM (prepreg compression molding), SMC (sheet molding compound), and LRTM. This multi-process capability enables the production of non-metallic molds, lightweight vehicle components, wind power parts, yachts, entertainment equipment, and 3D printing products. The composite materials produced offer advantages over traditional materials, including lower weight, higher strength, and superior corrosion resistance, with applications extending into low-altitude economy segments.

Shuangyi operates a B2B enterprise sales model, engaging customers through direct field sales and offering four cooperation modes: OEM manufacturing, turnkey engineering, joint design and development, and joint production. Revenue is generated primarily through one-time product sales and custom manufacturing services. The company maintains a sub-brand called 'Premium Boating' for yacht manufacturing and supports multiple languages (English, Spanish, German) on its corporate website, indicating international market awareness. Pricing is not publicly disclosed and is negotiated on a project basis depending on specifications, materials, and cooperation mode.

Name

Shandong Shuangyi Technology

Legal name

Shandong Shuangyi Technology Co., Ltd.

Website

https://shuangyitec.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shandong Shuangyi Technology is a China-based public manufacturer of advanced composite materials, offering non-metallic molds, lightweight vehicle components, wind power parts, and yachts, serving industrial customers via OEM, turnkey, and joint development arrangements.

Ownership category

akta.pro rank

Product category

Advanced Composite Materials Manufacturing

NAICS

All Other Industrial Machinery Manufacturing (333248), Other General Purpose Machinery Manufacturing (3339)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550), Plastics Products, Nec (3089), Miscellaneous Fabricated Textile Products (2390)

akta.pro primary industry

Semi-Custom Luxury Yacht Manufacturing (IMAJAMAA)

Keywords

• Composite materials manufacturing
• Non-metallic molds
• Lightweight vehicle components
• Wind power components
• Yacht manufacturing

Headquarters

HQ city

Dezhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Composite Material Products Sales: The company generates revenue through the sale of advanced composite products including non-metallic molds, wind power components, lightweight vehicle components, yachts, and other composite material products. Revenue is generated through OEM manufacturing, turnkey engineering projects, joint design and development services, and joint production arrangements.
2. Custom Manufacturing Services: Revenue from customized manufacturing cooperation methods including OEM services, turnkey engineering, joint design and development, and joint production, providing comprehensive solutions from project design to product delivery.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shandong Shuangyi Technology designs, develops, and manufactures advanced composite material products using multiple proprietary forming processes (autoclave, HP-RTM, P-DCPD, VARI, PCM, SMC, LRTM). It supplies non-metallic molds, lightweight vehicle components, wind power components, yachts, entertainment equipment products, and 3D printing solutions to industrial manufacturers through OEM, turnkey engineering, joint design and development, and joint production arrangements.

Product overview

Shandong Shuangyi Technology Co., Ltd. is a national high-tech enterprise listed on Shenzhen Stock Exchange (stock code: 300690) that offers a comprehensive portfolio of advanced composite material products and forming solutions. The company provides non-metallic molds, lightweight vehicle components, wind power parts, entertainment equipment products, yachts, and other composite material products including 3D printing solutions. Their core technology platform centers on a 'process matrix' utilizing multiple forming technologies including Autoclave, HP-RTM, P-DCPD, VARI, PCM, SMC, and LRTM processes. The company serves global markets with customized cooperation methods including OEM, turnkey engineering, joint design and development, and joint production. They offer product models SY170, SY240, and SY411, along with specialized sub-products like Fiberglass Molds and Lightweight Components. Composite materials produced offer superior lightweighting, higher strength, and better corrosion resistance compared to traditional materials, with applications spanning low-altitude economy, automotive, marine, and wind power sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Premium Boating: Yacht manufacturing and service enterprise focused on manufacturing high-end yacht products with best cost performance

Products and services

• Non-metallic molds Customized non-metallic molds for composite material forming processes, supplied globally as integrated solutions for industrial manufacturers.
• Lightweight vehicle components Lightweight composite components for vehicles, manufactured using SMC, PCM, PDCPD, and other advanced forming processes to reduce weight while maintaining structural strength.
• Entertainment equipment products Composite material products manufactured for entertainment equipment applications, utilizing advanced forming processes to deliver durable, lightweight components.
• Yacht High-end yacht products manufactured with composite materials offering superior lightweighting and durability, sold under the Premium Boating sub-brand focused on cost performance.
• Wind Power Parts Composite material components for wind power generation equipment, providing durability in harsh environments, lightweighting for efficient energy production, and long-term reliability.
• Other composite material products Customized advanced composite products including 3D printing solutions, serving various industrial applications across low-altitude economy and other sectors.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Ferretti Group: Ferretti is a global luxury motor yacht manufacturer that relies heavily on advanced composite hull and superstructure fabrication, directly comparable to Shuangyi's Premium Boating sub-brand in the luxury yacht segment.
• TPI Composites: TPI Composites is a leading global manufacturer of wind turbine blades using advanced composite materials, directly comparable to Shuangyi's wind power composite components business. Both serve wind OEMs with large-format composite structural parts using similar molding technologies.
• Sinoma Science & Technology: Sinoma is a major Chinese manufacturer of wind turbine blades and composite materials, directly competing with Shuangyi in the Chinese wind power composites segment. Both serve domestic wind OEMs with fiberglass and advanced composite structural components.
• Kingfa Sci & Tech: Kingfa is one of China's largest modified plastics and composite materials producers, comparable to Shuangyi in serving automotive lightweighting and industrial composite applications with high-volume manufacturing capabilities.
• Zhenshi Group: Zhenshi Group is a major Chinese fiberglass and composite materials producer serving wind, automotive, and industrial markets with similar product breadth to Shuangyi's industrial composites portfolio.
• Sunseeker International: Sunseeker is a UK-based luxury motor yacht manufacturer that uses advanced composite construction, directly comparable to Shuangyi's Premium Boating brand in targeting premium yacht buyers with composite hulls.

Emerging players

• Gurit Holding: Gurit is a Swiss specialty composites supplier focused on wind, marine, and aerospace markets with engineered core materials and prepreg systems, overlapping with Shuangyi's wind, marine, and composite materials businesses at the materials level.

Broad incumbents

• Magna International: Magna is a global automotive supplier with significant lightweight composites and exteriors capability, competing with Shuangyi in automotive lightweight components at much larger scale and serving global OEMs.
• Plastic Omnium: Plastic Omnium is a global leader in automotive exterior and lightweight composite body parts, comparable to Shuangyi's automotive lightweighting business but at far larger scale serving global OEMs.
• Vestas Wind Systems: Vestas is the world's largest wind turbine OEM and a major consumer of composite blade structures; while not a direct composites fabricator, it shapes demand for the wind composite components Shuangyi supplies and sets the technology bar for blade manufacturing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ai.nick.1
• LinkedInlinkedin.com/company/98988955/admin/feed/posts

Revenue estimate

Valuation estimate

Number of profiles

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 Shandong Shuangyi Technology