On the morning of the 22nd, Jiangsu Newtiger Technology Co., Ltd. was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. Stock abbreviation: Newtiger, stock code: 301229. The number of shares in the public offering is 20 million shares, and the total amount of funds raised is about 406 million yuan.
Nutige is mainly engaged in the research and development, production and sales of aluminum casting parts and plastic parts in the fields of automotive suspension systems, automotive interior and exterior trim, etc.The raised funds are planned to be invested in the wholly-owned subsidiary Jiangsu Meier Auto Parts Co., Ltd. (“Jiangsu Meier”) new product development and production project of automotive aluminum casting parts, Jiangsu Meier annual processing 4000 10,000 sets of auto parts production projects and supplementary working capital.
Jiangsu Meier was established in2015year5Yue is a manufacturing enterprise dominated by aluminum alloy die-casting parts.The company has a number of production equipment such as die-casting machines, shot blasting machines, CNC machine tools, crimping machines, andXOptical flaw detectors, spectrometers, testing machines, three-coordinates and other testing equipment.
For a long time, Nutige has attached great importance to the development and improvement of its own innovation ability, and has continuously innovated and improved in production technology and product research and development. One-stop solution from mold development to product manufacturing. Neutig’s automotive lightweight materials mainly include aluminum alloys and plastics.Among them, in terms of aluminum die casting, the company has mastered vacuum die casting technology, abnormal monitoring technology, ultra-low speed laminar flow+Core processes and technologies such as local extrusion combined casting technology. At present, the company provides aluminum die-casting parts for customers such as BASF, Tenneco, and Aisi Kaixi.
2021year1-6In January, the operating income of Nutige consisted of the proportion of suspension shock absorber support assembly40.37%the proportion of plastic parts in the suspension system19.97%the proportion of other auto parts products19%the proportion of body trim4.66%the proportion of grille3.79%.
Recently, Zhang Yi, chairman of Newtiger, said in an exclusive interview that under the development trend of lightweight vehicles, energy saving and environmental protection, and intelligent manufacturing, Newtiger is leading with innovation and is ready to go.

