- Business
- Suzhou Xianglou New Material Co., Ltd. engages in the research, development, production and sales of customized precision stamping special steel materials for automotive and industrial applications. The company offers carbon structural steel; alloy structural steel; spring steel; bearing steel; carbon tool steel; and cold-rolled steel strips, with products primarily used in fine-blanking parts for automotive engine systems, transmission and clutch systems, seat systems, interior systems, power systems, steering systems, safety systems, door lock systems, as well as electric tools, wind power, electrical components, bearings and hardware. Founded on December 8, 2005 and headquartered at No. 285 Xueying Road, Xinying Village, Baqiao Street, Wujiang District, Suzhou, Jiangsu Province, China, the company operates production facilities in Suzhou and Anhui, serving customers primarily in China through a collaborative R&D model focused on import substitution for high-end precision materials; it also provides technical consulting services. In 2025, Suzhou Xianglou announces plans to raise up to CNY 100.3 million through a private placement of 2 million shares to actual controller Qian Hesheng and his wholly-owned Suzhou Hesheng Holding at CNY 50.15 per share; releases its semi-annual report reflecting ongoing optimization of precision stamping material structure and full-capacity operations at the Suzhou factory with gradual capacity release at the Anhui facility targeting 0.04 million tons of output; pursues strategic expansion into humanoid robot materials including flexible gears and wheels as a second growth curve alongside its core automotive business; and holds its 2nd Extraordinary General Meeting to approve board appointments amid director shareholding adjustments.