Suzhou Mingzhi Technology Co Ltd. Stock Analysis 688355.SS

Suzhou Mingzhi Technology Co., Ltd. engages in the research and development, manufacturing, and sale of core making and core casting equipment, molds, and castings products. The company is headquartered in Suzhou, Jiangsu and currently employs 694 full-time employees. The company went IPO on 2021-05-12. The firm's core-making equipment includes core shooting machines, core-making units, core-making centers, core-making production lines and intelligent casting workshops. Its aluminum alloy castings mainly include parts such as condensing wall-hung boiler heat exchangers, commercial vehicle parts, as well as rail transit and high-speed rail train parts. The firm's core-making equipment is used to produce most material castings such as aluminum castings, iron castings and steel castings, including automotive engine cylinder heads and gearbox housings. The firm's castings are applied in automobile, construction machinery, rail transit, mechanical equipment, thermal energy engineering and aerospace fields. The firm distributes its products within domestic market and to overseas markets.