Company Profile Company Profile
Company Profile
Wuxi Paike New Materials Technology Co., Ltd.
Wuxi Paike New Materials Technology Co., Ltd. was established in 2006, with a registered capital of 120 million RMB. The company’s total assets is about 7.2 billion RMB, current stuff is more than 900 and had been listed in Shanghai stock market (stock code: 605123). Paike New Materials is a company specialized in the R&D, production and sales of high-end metal forgings. The core products include ring forgings, open-die forgings, precision close-die forgings and other metal forgings made of special alloy materials such as stainless steel, alloy steel, carbon steel, magnesium alloys, aluminum alloys, titanium alloys, high temperature alloys, etc..The products are used in aviation, aerospace,power, petrochemicals, mechanics, as well as other industries.
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  • 370
    Floor area (mu)
    370 mu (≈24.67 hectares)
    Floor area (mu)370 mu (≈24.67 hectares)
  • 2006
    The company was founded in (year)
    The company was founded in (year)
  • 1.2
    Registered capital (120 million yuan)
    Registered capital (120 million yuan)
Development History
2006
Wuxi Paike Heavy Casting and Forging Co., Ltd. was established and a new factory area was built, completing the transition from a trading enterprise to a manufacturing enterprise.
2008
Wuxi Paike Heavy Casting and Forging Co., Ltd. officially started production.
2009
Paike has built a large-scale production line for wind power equipment components and officially entered the wind power industry.
2011
Paike was rated as the national high-tech enterprise.
2012
Paike has transformed and upgraded, officially entering fields such as thermal power and marine applications.
2013
Paike has carried out technological transformation and officially entered high-end market sectors such as aerospace, nuclear power, and gas turbines.
2015

April: Paike successfully rolled the world's largest diameter Φ9.2m integral aluminum alloy forging ring.

May: Paike has undertaken the scientific and technological achievement transformation project of Jiangsu Province.

September: Paike has established a national post-doctoral research workstation.

2016

March: Paike completed its shareholding system reform and changed its name to Wuxi Paike New Materials Technology Co., Ltd.

June: Paike participated in the Industrial Foundation Strengthening Project of the Ministry of Industry and Information Technology.

2017

October: The Special Materials Division was officially established, and the special materials production workshop was completed and put into operation.

Paike has undertaken the new intelligent manufacturing model project of the Ministry of Industry and Information Technology.

Paike has undertaken the special project on large aircraft materials of the Ministry of Industry and Information Technology.

2019
Paike has undertaken a project of the National Key R&D Program of the Ministry of Science and Technology for the first time.
2020

March: The 7,000-ton intelligent production line of German SMS Group was put into operation.

August: Paike was listed on the A-share market of the Shanghai Stock Exchange on August 25th.

November:Paike was awarded the national-level "Specialized, Special, New and Small Giant Enterprise".

2021
Paike signed an 11-year long-term agreement with Rolls-Royce and officially entered the civil aviation field.
2022

April: Paike has established a subsidiary, Paixin Aviation, to enter the die forging market.

June: German SMS 10m ring-rolling machine officially put into production.

November: Paike is honored as individual champion in manufacturing industry.

2023

August: The workshop for wind power bearings started construction.

2024

March: Paike was awarded the honor of National 5G Smart Factory.

April: The trial production of Paixin Aviation's small forging production line commenced.

August: The second-phase project of Paixin Aviation has started construction.

2025
February: Paike has been recognized as a national-level enterprise technology center.
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Corporate Culture
  • Corporate Culture Medal
  • Employee Activities
  • Paixinren New Hire Training Camp
  • Corporate Culture Medal
    Corporate Culture Medal
  • Corporate Culture Medal
    Corporate Culture Medal
  • Corporate Culture Medal
    Corporate Culture Medal
  • Corporate Culture Medal
    Corporate Culture Medal
  • Corporate Culture Medal
    Corporate Culture Medal
  • Corporate Culture Medal
    Corporate Culture Medal
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  • Monthly Birthday Party
    Monthly Birthday Party
  • 2025 Mid-Autumn Festival Gathering
    2025 Mid-Autumn Festival Gathering
  • 2025 Table Tennis Competition
    2025 Table Tennis Competition
  • 2025 Tug-of-War Competition
    2025 Tug-of-War Competition
  • 2025 Women's Day Event
    2025 Women's Day Event
  • 2025 Teacher's Day Event
    2025 Teacher's Day Event
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  • 2025 New Hire Training Camp
    2025 New Hire Training Camp
  • 2025 New Hire Training Camp
    2025 New Hire Training Camp
  • 2025 New Hire Training Camp
    2025 New Hire Training Camp
  • 2024 New Hire Training Camp
    2024 New Hire Training Camp
  • 2024 New Hire Training Camp
    2024 New Hire Training Camp
  • 2024 New Hire Training Camp
    2024 New Hire Training Camp
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