What Jinsheng Group does

Jinsheng Group is a privately-held Chinese industrial conglomerate founded on December 25, 2000, by Pan Xueping and headquartered in Jintan District, Changzhou, Jiangsu Province. The group operates across six business segments: high-end textile machinery through Saurer Intelligent Technology (Zhuolang/Zhuolang Smart, acquired from Swiss Oerlikon's Natural Fiber division in 2013), CNC machine tools through EMAG (50% stake acquired in 2010), cotton yarn and textile manufacturing through Litai Xingshi (Litai Xingshi/Litai Silk Road), automotive transmission components through KOEPFER and Fine Work, in-vitro diagnostic products through Well Biotech (including WHO-prequalified fluorescence immunochromatography kits), and real estate through Jinsheng Real Estate. Core products include ring spinning, rotor spinning, carding, winding, twisting, and embroidery machines; precision CNC vertical turning, grinding, induction hardening, and automated production lines; thermal management systems for new energy vehicles; and immunoassay diagnostic kits for CRP, NGAL, SAA, pepsinogen, and HIV saliva testing.

The group employs 14,000+ people across 20 countries and more than 100 factories and subsidiaries, with major manufacturing hubs in Jintan, Urumqi, Korla, Maigaiti County and Kashgar (Xinjiang), Khorazm (Uzbekistan), Ubach-Palenberg and Krefeld (Germany), Arbon (Switzerland), Baroda and Navsari (India), and Singapore. Revenue is generated primarily through direct B2B sales of capital equipment (textile machinery, machine tools, automotive components), vertically integrated cotton yarn manufacturing for domestic and export markets, diagnostic kits, and ancillary real estate development, with the publicly listed subsidiary Saurer Intelligent Technology Co., Ltd. (Shanghai Stock Exchange: 600545) providing capital market visibility since 2017. Pricing is quote-based and customized for industrial equipment solutions.

Customers span multiple industrial verticals. Automotive OEMs include NETA Auto, SAIC Group, Changan Automobile, China National Heavy Duty Truck, and Foton Motors. Major textile customers include Fujian Longyuan Textile (17-spindle blowing-carding deployment), Tianzhihua Group (600,000-spindle vortex spinning project), Traly Spinning in Vietnam (120,000 spindles across 6 mills), Nitin Spinning in India (75 Saurer machines), Savin Tab in the Middle East (30 Zinser Z72XL compact ring spinning machines), and Iran/regional buyers. Machine tool customers include Sisamex (since 1997), Jiangsu Double Ring Gear, Jiangsu Pacific Gear Transmission, and Chongqing Star Gear. The group sells through direct enterprise sales teams, regional manufacturing and sales hubs, and a service network spanning 132 countries. Marketing leverages international trade exhibitions (ITMA, CIIE, JEC), annual customer summits (e.g., Saurer International Spinning Technology Summit generating 600 million RMB in signed orders in 2025), bilateral business forums (e.g., Uzbekistan-Kashgar regional cooperation), and government partnerships supporting the Belt and Road Initiative through Xinjiang and Central Asia.

Name

Jinsheng Group

Legal name

江苏金昇实业股份有限公司

Website

https://jinshengroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Jinsheng Group is a privately-held Chinese industrial conglomerate founded in 2000, operating textile machinery (Saurer), CNC machine tools (EMAG), textile manufacturing (Litai Xingshi), automotive components, biotech diagnostics, and real estate across 20+ countries with 14,000+ employees.

Ownership category

akta.pro rank

Product category

Industrial Machinery Manufacturing

NAICS

Industrial Machinery Manufacturing (33324), Textile Product Mills (314), All Other Miscellaneous Textile Product Mills (314999)

SIC

Textile Mill Products (2200), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Threads, Yarns & Sewing Notions (Sewing Thread/Embroidery Thread/Bobbins/Needles) (IMAOALAE)

akta.pro secondary industries

Greige Woven Fabric Mills (IMAOABAA), Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD), Industrial & Process Engineering Consulting (BPAHAIAF)

Keywords

• Industrial machinery manufacturing
• Textile machinery equipment
• CNC machine tools
• Automotive components manufacturing
• In vitro diagnostics

Headquarters

HQ city

Jintan

HQ country

China

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. High-end Textile Machinery Manufacturing: Design, manufacturing and sales of advanced textile machinery including ring spinning machines, rotor spinning machines, carding machines, and complete spinning production lines. Revenue generated from equipment sales, spare parts, and after-sales service.
2. Precision CNC Machine Tools: Production and sale of high-end CNC machine tools including vertical lathes, induction hardening machines, and automated production lines for automotive and industrial applications.
3. Automotive Components: Manufacturing of automotive air conditioning components and systems, serving major automotive manufacturers with OEM and aftermarket products.
4. Biotechnology Products: Development and production of in vitro diagnostic kits and medical testing equipment including fluorescence immunochromatography technology-based products.
5. Textile Manufacturing Operations: Vertical integration through own textile manufacturing facilities producing cotton yarn and textile products for domestic and export markets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Jinsheng Group is a diversified advanced intelligent manufacturing conglomerate that designs, manufactures, and sells high-end textile machinery (spinning, carding, winding, twisting equipment under the Saurer brand), precision CNC machine tools (EMAG brand), automotive components including thermal management systems (Fine Work) and transmission gears (KOEPFER), in vitro diagnostic kits (Well Biotech), and operates cotton yarn spinning mills (Litai Xingshi). The group serves industrial enterprise customers in textile, automotive, precision engineering, and medical diagnostics sectors across 20+ countries through 100+ factories and 14,000+ employees.

Product overview

Jinsheng Group is a diversified global manufacturing conglomerate operating across six main business segments: advanced textile machinery (Saurer/卓郎智能), textile manufacturing (Litai Xingshi/利泰醒狮), high-end CNC machine tools (EMAG/埃马克机床), automotive transmission systems (KOEPFER/科普费尔齿轮), in vitro diagnostics (Well Biotech/维尔生物), and real estate (金昇置业). Saurer, acquired from Oerlikon in 2013, is the core textile machinery brand offering spinning, carding, winding and twisting equipment. EMAG, acquired from Germany in 2010, provides CNC turning, grinding and induction hardening machines. The portfolio also includes specialty textile brands like Accotex, Heberlein, Texparts, and machinery brands Schlafhorst, Zinser, Allma, and Volkmann.

Differentiator

Problem solved

Functional benefit

Brands

• Saurer (卓郎智能): High-end textile machinery group offering spinning, winding, carding, embroidery equipment and textile components under brands including Schlafhorst, Zinser, Allma, Volkmann, Accotex, Heberlein, Texparts
• Litai Xingshi (利泰醒狮)
• EMAG (埃马克)
• KOEPFER (科普费尔)
• Well Biotech (维尔生物)
• Jinsheng Real Estate (金昇置业)

Products and services

• Saurer High-End Textile Machinery (卓郎智能) Global technology group providing machinery and components for yarn processing, including spinning (ring, rotor), carding, winding, twisting, and embroidery machines. Sub-brands include Schlafhorst (赐来福), Zinser (青泽), Allma, Volkmann, Accotex, Heberlein, Temco, and Texparts. Serves large-scale textile manufacturers globally.
• EMAG High-End CNC Machine Tools (埃马克机床) High-end CNC machine tools specializing in vertical turning, grinding, induction hardening, and automation solutions for automotive and industrial precision machining applications. Manufactured at the 46,000 sqm Jintan facility with annual capacity of 3,000 units.
• KOEPFER Automotive Transmission Systems (科普费尔齿轮) Manufacturer of automotive transmission components and gear systems, serving both traditional automotive and new energy vehicle markets. Produces gear components for transmission applications.
• Well Biotech In Vitro Diagnostic Kits (维尔生物) Manufacturer of in vitro diagnostic kits and medical devices using fluorescence immunochromatography technology, including CRP, NGAL, SAA, pepsinogen assay kits, and HIV saliva test kits. ISO 13485 certified with WHO prequalification.
• Litai Xingshi Cotton Yarn and Textile Manufacturing (利泰醒狮) Textile manufacturing subsidiary producing cotton yarn including ring spinning and rotor spinning products. Operates spinning mills in China (Taicang, Xinjiang) and Uzbekistan with 240,000+ spindle compact spinning capacity producing approximately 50,000 tons annual output of pure cotton combed compact spinning yarn.
• Fine Work Automotive Air Conditioning Components (法沃克) Manufacturer of automotive air conditioning pipes and components serving new energy vehicles. Products enable 20% winter range improvement for electric vehicles through advanced thermal management systems with multi-heat source utilization.
• Jinsheng Real Estate Development (金昇置业) Real estate development and property management subsidiary operating residential projects in Jintan district.

Quantifiable outcome

• 30% reduction in power consumption with permanent magnet motor technology in new carding machines
• +5 more outcomes

Named customers19 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core and significant.

• HuaweicoreTechnology or Integration · 4 February 2026Strategic cooperation for smart factory development. Through Huawei partnership, Jinsheng has elevated its intelligent factory construction to industry-leading level, particularly at the Saurer Xinjiang manufacturing facility.
• Chinese Government (Xinjiang Southern Four Counties)significantStrategic or Co-development Partner · 1 January 2017Poverty alleviation cooperation framework agreement signed with four counties in southern Xinjiang (Cele, Wuqia, Maigaiti, Keping), donating 40 million RMB for local development including industry development, microfinance guarantee fund, and education support.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rieter: Swiss-based global leader in textile machinery manufacturing for short-staple fiber spinning, including ring spinning, rotor spinning, and air-jet spinning systems. Directly comparable to Jinsheng's Saurer subsidiary in product portfolio, target customers (spinning mills), and global market positioning in the textile machinery industry.
• Picanol Group: Belgian manufacturer of weaving machines and engineered composites, now part of Toyota Industries. Comparable to Jinsheng's Saurer business in textile machinery manufacturing with similar global customer base of textile mills, though specialized in weaving rather than spinning.
• Mazak Corporation: Japanese manufacturer of CNC machine tools including lathes, machining centers, and laser processing systems. Comparable to Jinsheng's EMAG subsidiary in high-end CNC machine tool manufacturing for automotive and industrial customers.
• Texhong Textile Group: Hong Kong-listed Chinese textile manufacturer with major cotton yarn production capacity in China, Vietnam, and other Asian countries. Directly comparable to Jinsheng's Litai Xingshi subsidiary in large-scale cotton yarn spinning operations and international expansion strategy.
• DMG Mori: German-Japanese manufacturer of CNC machine tools including turning, milling, and additive manufacturing systems. Directly comparable to Jinsheng's EMAG subsidiary in high-end CNC machine tool production for automotive and industrial applications.
• Itema Group: Italian manufacturer of weaving machines, headquartered in Bergamo. Directly comparable to Jinsheng's Saurer subsidiary as a major European textile machinery manufacturer serving global textile producers, though focused on weaving rather than spinning machinery.
• Huafu Fashion Co., Ltd. Chinese textile manufacturer and dyed yarn supplier with large-scale spinning operations. Comparable to Jinsheng's Litai Xingshi subsidiary in cotton yarn production scale, though Huafu focuses more on dyed and specialty yarns for downstream apparel manufacturers.

Broad incumbents

• Toyota Industries (Textile Machinery): Japanese conglomerate with textile machinery division (formerly Toyota Textile Machinery) producing air-jet looms and other equipment. Comparable to Jinsheng's Saurer as a major diversified industrial conglomerate with textile machinery operations, but with broader automotive and materials handling businesses.
• Shandong Ruyi Group: Major Chinese textile conglomerate with vertical integration across spinning, weaving, and apparel. Comparable to Jinsheng's Litai Xingshi subsidiary in large-scale cotton yarn production and vertical integration, though Ruyi focuses more on downstream apparel brands.

Regional players

• Trumpf Group: German manufacturer of machine tools (laser cutting, bending, punching) and laser technology. Comparable to Jinsheng's EMAG in German precision engineering heritage and high-end industrial machinery manufacturing, though focused on sheet metal processing rather than turning/grinding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors2 records

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 Jinsheng Group