Xuancheng Valin Precision Technology Co., Ltd. (Stock Code: 603356), founded in 2005, specializes in the manufacturing, installation, renovation and maintenance of elevator components, mechanical parking equipment and additional elevators, as well as the manufacturing and sales of precision machined products and other mechanical parts.
Following the acquisition of Jiangsu Sansi Wind Power to enter the new energy field, Valin Precision recently invested in establishing a subsidiary, Anhui Valin New Energy Co., Ltd., to start engaging in the new energy photovoltaic bracket sector. It focuses on the design, production and manufacturing of photovoltaic brackets; R&D, production and manufacturing of distributed tracker technology; R&D and manufacturing of cleaning robots; and investment, development and construction of distributed photovoltaic and wind power projects.
Since its establishment, Valin Precision has focused on the elevator component industry and has become an absolute domestic leader in the counterweight block field, with a national market share ranking first—higher than the sum of the market shares of the second and third place. Currently, it has laid out five major production and manufacturing bases across the country in Anhui, Jiangsu (covering East China), Chongqing (covering Central China), Tianjin (covering North and Northeast China), and Guangzhou (covering South China), forming a national 3-hour service coverage network system.
Globally, 70% of elevators are manufactured in China, and 60%-65% of elevator sales are in the Chinese market. Being first in China means being first in the world. The company has entered the supply chains of global leading elevator enterprises, including Shanghai Mitsubishi, Hitachi Elevator, KONE Elevator, ThyssenKrupp Elevator, Toshiba Elevator and Mitsubishi Electric, forming strategic cooperation with major customers. Entering the supply chains of well-known global enterprises marks that the company’s product quality, process control and after-sales service guarantee system have gained global trust.
With the central government putting forward the “30-60 Goal”—striving to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060—adjusting the energy structure has become an inevitable path, and renewable energy such as wind power and photovoltaic power will achieve rapid development.
Against the backdrop of the exponential growth of the wind power industry, Valin Precision acquired Jiangsu Sansi Wind Power Technology Co., Ltd. to enter the wind power track. Founded in May 2011, Jiangsu Sansi Wind Power Technology Co., Ltd. mainly produces brakes and ventilation equipment supporting wind power generation equipment. The company is one of the leading wind power brake enterprises in China, with a national market share ranking second. It provides supporting products for domestic leading wind power enterprises, including Shanghai Electric, Dongfang Electric, Mingyang Smart Energy, China Aerospace Wan Yuan and Envision Energy. At the brand level, from its main business to the newly laid out wind power and photovoltaic tracks, Valin Precision has established sufficient brand recognition in the market, as well as sufficient safety zone barriers and moat barriers. This high-value leading advantage is undoubtedly irreplaceable.
Valin New Energy will rely on Valin Precision’s strong advantages in talent, technology, equipment, location, logistics and capital, give play to its annual production capacity of 20GW of photovoltaic brackets and accessories, accelerate industrial layout and overseas expansion, and achieve innovative leapfrog development in the new energy field.
