WuXi Paike New Materials Technology

What WuXi Paike New Materials Technology does

WuXi Paike New Materials Technology Co., Ltd. (无锡派克新材料科技股份有限公司, SSE: 605123) is a Chinese high-end metal forging manufacturer founded in 2006 in Wuxi, Jiangsu, and listed on the Shanghai Stock Exchange A-share market in August 2020. The company produces ring forgings, open-die forgings, and precision closed-die forgings from specialty alloys including high-temperature alloys, titanium alloys, aluminum alloys, magnesium alloys, stainless steel, alloy steel, and carbon steel. Its operations are anchored by capital-intensive German SMS Group equipment, including a 7,000-ton intelligent production line (operational March 2020) and a 10-meter ring-rolling machine (operational June 2022), on a 730-mu (~48.67-hectare) factory site with 900+ employees and 8.2 billion RMB in total assets.

The company serves seven industrial verticals: Aviation & Aerospace (Rolls-Royce Trent, GE LEAP, domestic CJ1000/CJ2000 programs), Wind Power (flanges, yaw/pitch/spindle bearing rings for onshore and offshore turbines up to 18MW for Goldwind, Mingyang, Vestas, SGRE, GE), Nuclear Power (Class 1/2/3 nuclear safety components under Civil Nuclear Safety Equipment Manufacturing License), Thermal Power, Hydropower, Petrochemical, and Offshore Engineering & Machinery, with a die forging line added in 2022 through subsidiary Paixin Aviation. Customer logos and 5,000+ wind turbine projects across 15+ countries indicate a B2B enterprise sales model anchored by long-term agreements with global OEMs.

Revenue mechanics are based on custom B2B contracts with no publicly disclosed pricing; the company monetizes through one-time equipment sales to OEMs and tier-1 suppliers in aerospace, energy, and heavy industry. Strategic positioning is reinforced by dense international certifications (AS9100D, NADCAP forging/heat treatment/NDT, CNAS, nine classification societies, PED, CE, AD2000) and 115+ intellectual property rights including 60+ invention patents and 11 industry standard-setting participations. The company's stated vision is to become a "world-leading material solution provider."

Name

WuXi Paike New Materials Technology

Legal name

Wuxi Paike New Materials Technology Co., Ltd. (无锡派克新材料科技股份有限公司)

Website

https://wuxipaike.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

WuXi Paike New Materials Technology is a Wuxi, China-based high-end metal forgings manufacturer producing ring, open-die, and precision closed-die forgings from specialty alloys for global aerospace (Rolls-Royce, GE), wind power (Goldwind, Vestas, SGRE), nuclear, petrochemical, and energy OEMs.

Ownership category

akta.pro rank

Product category

Industrial Metal Forgings

NAICS

Other Fabricated Metal Product Manufacturing (3329)

SIC

Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)

Keywords

• High-end metal forgings
• Aerospace forging components
• Wind power forgings
• Ring rolling manufacturing
• Special alloy forgings

Headquarters

HQ city

Wuxi

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Forging Products: Research, development, production and sales of high-end metal forgings including ring forgings, open-die forgings, and precision close-die forgings. Products applied across aerospace, energy power, petrochemical, mechanical marine and other industry sectors.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Wuxi Paike New Materials Technology is a high-end metal forging manufacturer specializing in the R&D, production, and sale of ring forgings, open-die forgings, and precision closed-die forgings. Products are made from specialty alloys including high-temperature alloys, titanium alloys, aluminum alloys, magnesium alloys, alloy steel, carbon steel, and stainless steel, serving aerospace, energy/power, petrochemical, marine engineering, and mechanical industries.

Product overview

WuXi Paike New Materials Technology is a high-end metal forging manufacturer producing ring forgings, open-die forgings, and precision closed-die forgings from specialty alloys (high-temperature alloys, titanium alloys, aluminum alloys, magnesium alloys, stainless steel, alloy steel, carbon steel). The company operates as a single unified manufacturing platform serving multiple industry verticals: Aviation & Aerospace (engine and airframe forgings), Wind Power (turbine flanges and bearings), Nuclear Power (safety-critical components), Thermal Power, Hydropower, Petrochemical, and Offshore Engineering. The product portfolio includes the Aviation & Aerospace Forgings line supplying both domestic (COMAC CJ1000/CJ2000) and international (Rolls-Royce, GE Aerospace) customers; Wind Power Forgings for turbines up to 18MW; Nuclear Power Forgings with civil nuclear safety certifications; Die Forgings for precision aerospace and industrial components; and general industrial forgings for petrochemical, power generation, and marine applications. The company operates its main manufacturing subsidiary Paixin Aviation (派鑫航空) for die forging expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Aviation & Aerospace Forgings High-performance metal forgings for aviation and aerospace applications, including engine components (turbine casings, compressor casings, combustion chambers), airframe parts, and structural components. Products serve both domestic Chinese OEMs (COMAC CJ1000, CJ2000 engines) and international customers (Rolls-Royce, GE Aerospace) with engine models including LEAP-1A/B/C, Trent1000, Trent7000, Trent XWB.
• Wind Power Forgings Large-scale ring forgings and structural components for wind turbines including flanges (L-type, T-type), bearing rings (yaw, pitch, spindle), tower components, gearbox rings, and rotor house forgings. Products used in offshore and onshore wind turbines up to 18MW capacity.
• Nuclear Power Forgings Specialized forgings for nuclear power applications including reactor internals, pressure vessel components, steam generator parts, flange products, and safety-critical components. Company holds Civil Nuclear Safety Equipment Manufacturing License covering Class 1, 2, and 3 nuclear safety components.
• Thermal Power Forgings Forgings for thermal power generation equipment including tube sheets, collectors, high-pressure valve blocks, separator plate rings, red shrink rings, control valves, guide vane rings, and barrel components.
• Hydropower Forgings Forgings for hydropower equipment including magnet yoke rings, field pole clamping plates, seal rings, ball valves, pivots, guide vanes, turbine buckets, thrust blocks, runner plates, and shaft components.
• Petrochemical Forgings Forgings for petrochemical applications including flanges, nozzles, blind flanges, tube sheets, heads, manholes, and cylinders used in reactors, heat exchangers, and tower vessels. Materials include carbon steel, stainless steel, duplex steel, and nickel-based alloys.
• Offshore Engineering & Machinery Forgings Heavy forgings for offshore engineering and general machinery including FPSO riser hang-off systems, centrifuge components, lifting lugs, pressure-resistant vessels, and components for food machinery, construction machinery, and shield machines.
• Die Forgings (Closed Die Forgings) Precision closed-die forgings ranging from 0.01kg to 1500kg with maximum forging projected area of 6300 cm². Products include rocker arms, support frames, piston rods, shafts, and aerospace structural components made from titanium alloys (TC4, TC18, TC21), aluminum alloys (7050, 7075), and specialty steels (300M).

Quantifiable outcome

• World's largest diameter Φ9.2m integral aluminum alloy forging ring
• +5 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Siemens EnergycoreStrategic or Co-development Partner · 4 July 2025Strategic cooperation agreement signed in July 2025 for energy equipment forgings. Joint efforts in developing and manufacturing energy sector forgings including power generation equipment components.
• Rolls-Royce (RR)coreStrategic or Co-development Partner · 1 January 202111-year long-term agreement signed in 2021, officially entering the civil aviation field. Paike supplies aero engine forgings for Trent1000, Trent7000, Trent XWB and other engine models.
• 43 Industry PartnersminorOthersCompany maintains relationships with 43 named industry partners as shown in partner logos section on website, covering various industrial sectors.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Aubert & Duval: French manufacturer of high-performance steel, superalloy, and titanium forgings for aerospace (Airbus, Safran) and energy. Comparable in aerospace engine forging scope and nuclear-grade alloy capabilities.
• Doncasters Group: Specialist in ring rolling and precision aerospace/industrial forgings from nickel, titanium, and cobalt-based alloys. Directly comparable as a long-standing supplier into Rolls-Royce and GE aero-engine programs, with overlapping end markets in power generation.
• Howmet Aerospace: Global leader in aerospace engine and airframe forgings (ring and structural), serving Rolls-Royce, GE Aerospace, and other OEMs. Directly comparable to WuXi Paike in aero-engine ring and die forging scope, though at much larger scale and broader alloy platform.
• OTTO FUCHS: German-based forging specialist producing ring forgings, closed-die forgings, and extruded products for aerospace, automotive, and industrial applications. Closely comparable to WuXi Paike in alloy diversity, ring-rolling capability, and aerospace customer base.
• VSMPO-AVISMA: World's largest titanium producer and a major supplier of titanium forgings for aerospace engines and airframes. Comparable in titanium alloy forging capability and aerospace engine customer base, though focused primarily on titanium rather than multi-alloy.
• Forgital Italy: Italian ring-rolling specialist producing large-diameter seamless rolled rings for aerospace, wind energy, and industrial machinery. Directly comparable in large ring forging capability and wind power customer overlap.

Broad incumbents

• Carpenter Technology: US specialty alloy producer with a growing aerospace/medical forging business. Comparable in alloy metallurgy and specialty steel/superalloy scope, but with a wider, more upstream portfolio than WuXi Paike's forging-focused operation.
• Allegheny Technologies (ATI): US specialty materials and forged components producer serving aerospace and defense. Comparable in isothermal/precision forging and aerospace jet-engine components, with broader materials and component portfolio.

Regional players

• Baoji Titanium Industry: China-based major titanium and titanium alloy producer supplying aerospace and industrial forging stock. Comparable as a regional Chinese titanium upstream/materials source for the same aerospace and industrial value chain.
• Western Superconducting Technologies: China-based producer of titanium alloys and high-end titanium forgings for aerospace and marine applications. Comparable in domestic Chinese aerospace forgings competition, particularly for titanium structural components.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance23 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 WuXi Paike New Materials Technology