Shenyuan Group
Jiangsu Shenyuan Group manufactures specialty steels and alloys including valve steel, electric-heating alloys, high-temperature and corrosion-resistant alloys, welding materials, and specialty stainless steels.
- CEO / Founder
- Youjun Gong (宫友军)
- Team Size
- 1001-5000
- Stage
- Active
- Latest Round
- Series A
- Key Investors
- 磐毅资本 (Panyi Capital); 玖华弘盛 (Jiuhua Hongsheng); 浙大联创投资 (Zhejiang University United Innovation Investment)
Technology & Products
Key Products
Valve steel; electric-heating alloys; high-temperature and corrosion-resistant alloys; special welding wire; specialty stainless steel; die steel; high-speed tool steel; magnetic materials.
Technological Advantage
Integrated metallurgical and finishing operations, with products across eight material series and more than 150 steel grades.
Differentiation
Value Proposition
Integrated specialty-alloy manufacturing spanning melting, forging, rolling, heat treatment, cold drawing, finishing, inspection, and physical and chemical testing.
How They Differentiate
Positions around specialty-alloy breadth, integrated manufacturing, customized grades, and valve-steel/high-temperature-alloy applications.
Market & Competition
Target Customers
Automotive, aerospace, petrochemical, boiler and machinery manufacturers.
Industry Verticals
Automotive; aerospace; petrochemicals; boiler and machinery manufacturing.
Competitors
东北特殊钢集团 (Dongbei Special Steel Group); 衡阳市金则利特种合金股份有限公司 (Hengyang Jinzeli Special Alloy Co., Ltd.); 江苏顺发电热材料有限公司 (Jiangsu Shunfa Electric Heating Materials Co., Ltd.)
Growth & Milestones
Growth Metrics
The company reports more than 1,300 employees, over 1,000 mu of site area, more than 1,580 process equipment sets, and more than RMB 2 billion in total assets.
Major Milestones
Founded in May 2002 as Jiangsu Shenyuan Special Steel Co., Ltd.; renamed Jiangsu Shenyuan Group Co., Ltd. in May 2018.
Notable Customers
Eaton; Ford; Nittan Valve; TRW; Volkswagen; SAIC Volkswagen.
Funding rounds
- AUndisclosed2023-01-06Source