"At present, ZJDM's global market share in the field of metal powder metallurgy ranks third in the world. Within 5 years, we are confident of becoming the world's first." Recently, ZJDM Advanced Materials Technology Corporation CEO Zhu Zhirong said in an interview with reporters.
In the early 1990s, the powder metallurgy products of refrigerator compressors developed by ZJDM using compression molding technology accounted for 95% of the market share in China. Subsequently, the products expanded to motorcycles, air conditioners, and automobiles, and the technical team also ushered in a comprehensive upgrade.
Since the mid-1990s, with the maturity of basic materials such as iron powder, copper powder, and nickel powder in China, the ZJDM R&D team tried to formulate alloy powders. After 2010, it gained insight into the development momentum of electric vehicles and established a national postdoctoral fellow. The research station specializes in magnetic materials, and in 2014 acquired ZJKD Electromagnetic Material Technology Company.
ZJDM has cooperated with many well-known consumer electronics companies at home and abroad, and successfully developed high-frequency VRM inductor core projects and high-end folding screen key parts projects, breaking through the relevant bottlenecks; developing ultra-thin metal injection molding precision mobile phone structural parts , Supplying more than 200 million pieces of high-density alloy vibrators, creating a miracle in the industry; successfully developed sintered aluminum alloy parts, which are used in engine cam covers and sprockets in batches, reducing weight by 60% compared to similar products; providing well-known companies such as Tesla Inductance and photovoltaic inverters, the market share of ZJDM photovoltaic inverter soft magnetic composite materials has exceeded 30%…
Tungsten Alloy Vibrator for iPhone
In the first half of 2021, ZJDM achieved operating income of 2.734 billion yuan, a year-on-year increase of 27.29%. The number of high-end customers accounted for nearly 90%, and high-end key parts and components accounted for more than 90% of the total products. "With the development of green manufacturing, the new material powder metallurgy industry still has great development potential. In the next stage, we will continue to focus on the new material powder metallurgy industry, update the powder metallurgy process, extend the development space of material technology, and increase the market in the original field. Share and penetration rate, and continue to explore new fields such as photovoltaics, new energy vehicles, 5G and medical care.