On July 20, the leading supplier of carbonyl iron powder in China: JXYA Advanced Materials Technology Group successfully IPO.
For this IPO, JXYA plans to raise 278 million yuan and invest in the project (Phase I) with an annual output of 6000 tons of carbonyl iron powder and other products, the expansion project of high-performance ultra-fine metal and alloy powder, and the construction of a research and development center.
Leading supplier of carbonyl iron powder in China
JXYA focuses on the field of ultrafine metal powder new materials, mainly engaged in the research and development, production and sales of carbonyl iron powder, atomized alloy powder and related powder deep-processing products. The company is located in the upstream of the powder metallurgy industry and provides important basic raw materials for many downstream industries.
JXYA products are ultra-fine metal powders and related deep-processed products, mainly including carbonyl iron powder series products, atomized alloy powder series products, soft magnetic powder series products, metal injection molding feed series products, wave absorbing materials series products, etc. The company occupies an important position in the Chinese market in the field of ultrafine carbonyl iron powder, and is one of the world's major suppliers of carbonyl iron powder in the market segment.
As an important new type of industrial manufacturing basic raw material, ultrafine metal powder is widely used. It has been used in high-end application markets such as diamond tools, power tools, 3C electronic components, high-end automotive precision parts, high-end equipment, aerospace, radar wave absorption and signal shielding.
JXYA's downstream end customers include leading companies in the electronic component industry such as Delta Electronics Group and South Korea's Samsung Electro-Mechanics; well-known companies in the 3C product industry such as VIVO and Jingyan Technology; and Indo-MIM Private Limited, which specializes in high-end auto parts manufacturing, and Taiwan Porite…
There are not many companies that can mass-produce carbonyl iron powder in China. According to the data of "Powder Metallurgy Industry", in 2019, the output of carbonyl iron powder in 6 companies nationwide was 10,250 tons, and the output of JXYA carbonyl iron powder was 2853.98 tons in the same period. The company's carbonyl iron powder output accounted for 27.84% of the Chinese market share.