Rayhoo
Rayhoo Motor Dies (SZSE: 002997) is a Wuhu-based manufacturer of automotive stamping dies, inspection fixtures, welding automation lines and lightweight vehicle body parts. It plans an RMB 267M smart additive manufacturing project to produce blank castings for large precision cover-panel dies in-house.
- CEO / Founder
- Pang Xianwei (庞先伟)
- Team Size
- 1001-5000
- Stage
- Public
- Latest Round
- Post-IPO
Technology & Products
Key Products
Stamping dies (cover-panel, high-strength steel and aluminum panel dies); inspection fixtures; welding automation lines; robot system integration and mobile robots; lightweight parts (high-strength steel and aluminum stamped/welded parts, aluminum precision castings, integrated die-cast body structures). Planned: die blank capacity from the additive manufacturing project of 36,000 t/yr iron-based and 3,000 t/yr steel-based material.
Technological Advantage
The company site lists 300+ die R&D staff, 200+ automation line designers and 100+ national invention patents. Equipment backlog was RMB 5.079B at June 2026, over 40% of it overseas. Die and equipment capacity utilization exceeds 100%.
Differentiation
Value Proposition
Supplies complete body-in-white manufacturing equipment: stamping dies, checking fixtures, welding automation lines, robots and lightweight parts. The planned in-house additive manufacturing of die blanks is intended to control material quality, shorten delivery cycles and reduce reliance on outsourced castings.
How They Differentiate
Offers integrated dies, welding automation and robotics plus lightweight die-cast parts. Planned vertical integration into die blank materials via smart additive manufacturing would create a 'materials-dies-smart production line' model.
Market & Competition
Target Customers
Automotive OEMs and new-energy vehicle makers in China and overseas.
Industry Verticals
Automotive (passenger vehicles, NEV); automotive tooling and manufacturing equipment
Competitors
Tianjin Motor Dies (TQM); FAW Tooling Die; Dongfeng Motor Die; Chengfei Integration; BYD Mould
Growth & Milestones
Growth Metrics
2025 revenue was RMB 3.29B (+35.8%), with net profit attributable to shareholders of RMB 392M. Equipment backlog was RMB 4.772B at end-2025 (+23.76%) and RMB 5.079B at June 2026. About 3,044 employees.
Major Milestones
2002: founded as Anhui Fuzhen Jiyan. 2007: renamed Rayhoo Motor Dies. 2014: control transferred from Chery Technology to Hongbo Technology. 2016: converted to a joint-stock company and listed on NEEQ (delisted 2017). 2020-09: IPO on the Shenzhen Stock Exchange (002997). 2026: registration took effect for a convertible bond of up to RMB 686M, including RMB 267M for a Phase I smart additive manufacturing project for large precision cover-panel die key materials.
Notable Customers
Chery; Volkswagen; Honda; Ford; BMW (hood inner panel die project)