- Business
- TianJin JinRong TianYu Precision Machinery Inc. (300988.SZ) manufactures and sells precision metal parts and energy storage products for the electrical, automotive, and energy storage sectors. The company offers electrical products including low-voltage power distribution precision parts, industrial automation precision parts, and medium-voltage power distribution and energy equipment precision parts serving energy management, power transmission and distribution, industrial automation, intelligent manufacturing, wind and solar distributed energy, cloud computing data centers, and rail transit applications; automotive products such as shock absorption parts, safety parts, air conditioning and seat parts, and lightweight parts for Toyota, Honda, Nissan, Volkswagen, and other fuel and new energy vehicles; and energy storage products comprising integrated system solutions with lithium battery PACK, battery management system BMS, energy storage converter PCS, energy management system EMS, and cabinet manufacturing for communication base stations, residential, industrial, and commercial customers. Founded in June 2004 and headquartered at No. 3, Haitai Innovation 4th Road, Huayuan Industrial Zone, Binhai High-tech Zone, Tianjin, China, the company operates production bases in Tianjin, Zhejiang, Guangdong, Hubei, Thailand, India, Mexico, and Hungary to support global high-end customers. In 2021, it listed on the Shenzhen Growth Enterprise Market; recently, its Mexico base expanded as a key North American market entry point amid 2025 U.S. tariff exemptions on Mexican auto parts, it received the 2024 Best Partner Award from Fuyao Auto Electric and Denso Air Conditioning Parts' 20th Anniversary Weathering the Storm Award, and it issued its 2024 annual carbon reduction declaration emphasizing green manufacturing.