Shenyuan Group
Jiangsu Shenyuan Group is a Chinese special steel and specialty alloy manufacturer focused on valve steel, high-temperature alloys, electric heating alloys, and specialty stainless steel for automotive, aerospace, and industrial applications.
- CEO / Founder
- 宫友军 (Gong Youjun)
- Team Size
- 1001-5000
- Stage
- Established
- 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
Eight product series: (1) Valve steel for internal combustion engines, (2) Electric heating alloys, (3) High-temperature and corrosion-resistant alloys, (4) Special welding materials, (5) Specialty stainless steel, (6) Mold steel, (7) High-speed tool steel, (8) Magnetic materials — covering 150+ steel grades.
Technological Advantage
Integrated production chain (smelting, forging, hot rolling, heat treatment, cold drawing, straightening, grinding, inspection); 200+ authorized patents; drafter of 50 national/industry standards including GB/T12773-2021; National-level "Specialized and New" Little Giant Enterprise; National Green Factory; Provincial Academician Expert Innovation Center.
Differentiation
Value Proposition
China's largest manufacturer of internal combustion engine valve steel with over 60% domestic market share, producing 150+ steel grades across 8 product series with 200,000-ton annual capacity.
How They Differentiate
Largest domestic valve steel producer with 60%+ market share; vertically integrated production from smelting to finished products; 200,000-ton annual capacity; qualified supplier to global automotive OEMs; strong IP portfolio with 200+ patents and 50 standards drafted.
Market & Competition
Target Customers
Automotive OEMs (engine valve manufacturers), aerospace, petrochemical, boiler machinery, welding materials manufacturers, and industrial equipment makers.
Industry Verticals
Automotive, Aerospace, Petrochemical, Machinery, Boiler manufacturing, Nuclear power, Military/Defense
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
2026年1-2月净销售同比增长10%，开票金额4.86亿元 (Net sales up 10% YoY in Jan-Feb 2026, invoicing 486M RMB); total assets over 2 billion RMB; annual production capacity 200,000 tons.
Major Milestones
2002: Company founded as Jiangsu Shenyuan Special Steel Co., Ltd.; 2018: Renamed to Jiangsu Shenyuan Group Co., Ltd.; 2023: Completed Series A funding round; 2023: Invested 700M+ RMB in high-precision high-temperature alloy production line; 2024: New high-temperature alloy production line launched; 2025: Shanghai branch established for international trade; 2026: 5.8-billion-RMB high-end specialty alloy project approved as Jiangsu provincial major project.
Notable Customers
Eaton Corporation; Ford Motor Company; Nittan Valve (Japan); TRW Automotive; Volkswagen Group; Shanghai Volkswagen; 潍柴 (Weichai); 重汽 (Sinotruk); 吉利 (Geely)