Yangzhou SeaShine New Materials Co., Ltd. is a high-tech enterprise specialized in R&D, production, and marketing of powder metallurgy products. It is a well-known listed company of PM industry in China. SeaShine mainly produces and sells customized powder metallurgy parts to customers in electric tools, automobiles (including new energy vehicles), office equipment, and home appliances.
SeaShine was established in 2001 with a capital stock of 250.8 million yuan. It covers an area of 215.2 acres and a construction area of over 50,000 square meters, with multiple advanced PM and MIM production lines. SeaShine was successfully listed on the Shenzhen Stock Exchange in September 2020, with stock abbreviation: SeaShine New Materials and stock code: 300885. According to CMPMA (Powder Metallurgy Branch of China Machinery General Parts Industry Association), the comprehensive ranking of SeaShine is stable in the top 8 for the PM industry, and top 1for the power tool PM component.
With perfect quality management system and fast response advantages, SeaShine has entered the global first-class enterprise supply system, and has established long-term and stable business cooperation relationships with internationally renowned enterprises such as Stanley Black& Decker in the United States, Bosch Group in Germany, TTI, Makita, etc. At the same time, after years of technological accumulation, Seashine's products have further expanded to automobiles, office equipment, and home appliances. It has developed products for automotive manufacturing &supporting enterprises such as BWI Group, Yibin Tiangong, Shanghai Topsen, SAF-Holland, Hualing Xingma, Geely, Huade Holdings, Cadillac, Zeeka, and Li Auto. It has also provided PM parts of office and home appliances for Emerson, Siemens and Midea. At present, over 79% of the company's products are exported to European and American countries such as Mexico, Hungary, Brazil, the United States, the Czech Republic, the United Kingdom, and Germany, and to Asian countries such as India, Japan, the Philippines, and Malaysia.
Face the raging COVID-19 and catastrophic floods, as a responsible listed company, Seashine actively fulfilled their social responsibilities, making donations to local government, Hanjiang District Red Cross Society of Yangzhou City, Yangzhou Charity Federation, Zhengzhou Charity Federation and other organizations.