[Starting a New Chapter, Striving for a Strong Start] Xinyun Technology: Focusing on Innovation, Expanding Markets, and Maintaining Strong Momentum with Booming Production and Sales!
The private economy is an important force driving high-quality economic development. As a representative private enterprise in the Yancheng Economic and Technological Development Zone, Jiangsu Xinyun Plastic Molding Technology Co., Ltd. has seized the opportunities presented by the rapid development of the new energy vehicle industry in recent years, adhered to a dual-driven approach of innovation and market, continuously strengthened technological R&D, product innovation, and market expansion, and steadily advanced while making continuous breakthroughs on the path of high-quality development.
Jiangsu Xinyun Plastic Molding Technology Co., Ltd. is mainly engaged in the research and development, production, and sales of automotive lighting and other components. In the company’s production workshop, after last year’s upgrading and replacement, the injection molding equipment has increased efficiency by 20%. The assembly production line is stepping up production, and workers are orderly picking parts, assembling, and inspecting, presenting a busy scene.
Currently, with the rapid development of the domestic new energy vehicle industry, orders from new energy customers of Jiangsu Xinyun Plastic Molding have grown rapidly. To meet production demand for these orders, the company has carefully organized and scientifically arranged its operations, and the entire factory is currently maintaining full-capacity production.
Jiangsu Xinyun Plastic Molding Technology Co., Ltd. Director of the Sales Department Zhang Fei
In the first quarter of this year, the company achieved strong performance in both production and sales. The entire factory is working overtime to fulfill customer orders, and the first quarter is expected to grow by more than 30% compared with the same period last year. At the same time, the company is also planning to build its Phase II project, which is about to start construction this year. Once completed, the factory’s production capacity is expected to increase by more than threefold, better meeting the needs of the company’s high-quality development.
In recent years, Jiangsu Xinyun Plastic Molding Technology Co., Ltd. has actively positioned itself in the new energy vehicle sector. While stabilizing its traditional customer markets, it has continued to develop new energy customers. It has successively established new energy project cooperation with automakers such as SAIC Volkswagen, the Renault-Nissan Alliance, and Dongfeng New Energy, and has accelerated its expansion to other emerging automakers as well as overseas customers in Brazil, Latin America, and other regions. In the first two months of this year, the company’s invoiced sales increased by 39.7% year on year. At present, the company has four new energy project orders in production and four projects under development. Customer orders have been preliminarily scheduled through 2029, creating favorable momentum for rolling development.
While continuously expanding its market and growing bigger and stronger, Jiangsu Xinyun Plastic Molding Technology Co., Ltd. has always placed R&D and innovation at its core, consistently investing about 7% of its annual sales revenue in technological R&D. To date, the company has obtained more than 30 patents, has been successfully certified as a Provincial Intelligent Vehicle Lighting Engineering Technology Research Center, and has been awarded the title of National High-Tech Enterprise. This year, the Advanced Automotive Lighting Technology University-Enterprise Joint Research and Innovation Center, jointly established with Fudan University in Shanghai, will soon be put into use, adding strong support to the company’s transformation, upgrading, and high-quality development.
