Finework Technology
Listed manufacturer of high-strength fasteners and precision metal components for wind energy, aerospace, and industrial applications, expanding into metal 3D printing for commercial space.
- CEO / Founder
- 张友君 (Zhang Youjun)
- Team Size
- 1001-5000
- Stage
- Public
- Total Funding
- $157.5M
- Latest Round
- IPO
- Key Investors
- 丰年资本 (Fengnian Capital); 华软资本 (Huaso Capital); 湖南文旅 (Hunan Cultural Tourism); 沅澧投资; 湖南知产; 湘江启赋; 兴湘财鑫; 金雷股份; 中科芙蓉
Technology & Products
Key Products
Wind energy full-series fasteners (blade pre-embedded sleeves, stud bolts, nacelle bolts, tower bolts, anchor bolt assemblies); Aerospace & gas turbine fasteners; Aero engine precision structural components; Metal sealing rings; Precision sheet metal & pipe components; Metal 3D printing services (via subsidiary Xinshan Yuhang) for liquid rocket engine parts
Technological Advantage
80+ national patents (invention + utility); National-level "Manufacturing单项冠军" (Single Champion) award; National "Specialized and New" (专精特新) "Little Giant" enterprise; National Intelligent Manufacturing Pilot Enterprise; Hunan Province Governor Quality Award; 10 national standards participation; proprietary heat treatment, metal forming, deep-hole drilling, and anti-corrosion coating technologies
Differentiation
Value Proposition
Vertically integrated manufacturer of high-strength fasteners and precision metal components, serving as a global market leader in wind turbine fastener solutions, with expanding capabilities in aerospace and metal additive manufacturing.
How They Differentiate
Unlike pure 3D printing companies, Finework combines traditional high-volume fastener manufacturing (150K-ton capacity) with emerging metal AM capabilities via M&A, serving both mature wind energy markets and high-growth commercial space/aerospace sectors from a single publicly listed platform.
Market & Competition
Target Customers
Wind turbine OEMs (Vestas, GE, Siemens Gamesa, Mingyang, Envision), aerospace & defense contractors, gas turbine manufacturers (GE, Baker Hughes), oil & gas equipment makers, commercial space companies
Industry Verticals
Wind Energy; Aerospace; Commercial Space; Gas Turbines; Oil & Gas; Rail Transit; Automotive; Construction Machinery
Competitors
Bosch Rexroth (fasteners); Precision Castparts Corp. (aerospace components); BLT (Bright Laser Technologies / 铂力特) — for metal AM in aerospace
Growth & Milestones
Growth Metrics
2025 Revenue: ¥25.68B (~$3.5B USD); 2025 Net Profit: ¥37.79M (~$5.2M USD), +124% YoY; 2025 revenue growth: +43.05% YoY; 2,889 employees (2025); Market cap ~¥147B (~$20B USD) as of Apr 2026
Major Milestones
2007: Founded Shanghai Fanwo Precision Machinery; 2012: Founded Finework in Changde; 2016: Revenue exceeded ¥100M, NEEQ (New Third Board) listing; 2018: Pre-embedded螺套 global market share #1; 2020: Revenue exceeded ¥1B; Pre-embedded螺套 won MIIT Manufacturing单项冠军; 2023: IPO on Shenzhen ChiNext (301232); 2025: Acquired 60% of Chengdu Xinshan Yuhang (metal 3D printing); Vietnam factory operational; 2026: Added 3D printing/增材制造 to business scope
Notable Customers
Vestas; GE; Siemens Gamesa; Nordex-Acciona; ENERCON; LM Wind Power; TPI Composites; AERIS; CRRC Zhuzhou; Mingyang Smart Energy; Times New Material; Envision Energy; Zhongfu Shenying; Sany Renewable Energy; Dongfang Electric; China Haizhuang