Wide customer coverage, with over 50% of large enterprise customers

Xinnuoke has won the recognition of customers with high-quality products, and its products are exported to countries such as East Asia, Europe, and North America. Europe accounts for 20% of the company's market share, North America accounts for 5%, Japan accounts for 5%, South Korea accounts for 5%, and the domestic market accounts for 65%.

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Domestic market in China
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European market
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Japanese and Korean markets
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North American Market

Market Analysis

market analysis

The company's precision casting medium temperature wax is a specialized material for manufacturing precision and complex components such as aviation engine blades, guides, and thin-walled shells. At present, China is transforming into a manufacturing powerhouse, with the development of precision casting industry accelerating and the market size continuously expanding.
In 2021, the total production of castings in China was 54.05 million tons. As the production of precision castings increases, the demand for medium temperature wax in precision casting will also increase. 90% of China's precision casting medium temperature wax relies on imports, and the aerospace and military precision casting industries are developing,
There is an urgent need to achieve localization of precision casting wax.