- Business
- Suzhou Xingye Materials Technology Co.,Ltd. Suzhou Xingye Materials Technology Co.,Ltd. engages in the research, development, production, sale, and technical servicing of foundry functional new materials in China. Founded in 1992 and headquartered in Suzhou, Jiangsu province, the company manufactures casting resins including no-bake furan, phenolic urethane, ester and CO2 cured alkaline phenolic, cold box, easy-collapsible urethane no-bake, and acrylic resins, as well as sulfonic acid catalysts; functional coatings such as water-based/alcohol-based, high performance, flow, lost foam, metal mold, and special purpose coatings; melting materials; auxiliary materials; and riser sleeves comprising exothermic-insulating A-type cylindrical, cylindrical exothermic, covering powder, neck downs, neck-inclined, and flexible boards, along with breaker cores and foam ceramic filters. Its products serve industries including automobiles and internal combustion engines, agricultural machinery, power generation and electric power, rail transportation and shipbuilding, engineering machinery, mining and heavy machinery, machine tools, cast pipes and valves, and other equipment manufacturing, with primary distribution in the domestic Chinese market and exports to overseas markets. The company operates 734 employees and focuses on the commodity chemicals sector, particularly plastics and specialty foundry materials. In recent developments, Suzhou Xingye Materials Technology Co.,Ltd. reports earnings for periods including the half year ended June 30, 2025, and the first quarter ended March 31, 2025, amid a stock price increase of 84.78% year-to-date as of October 2025; one of its actual controllers, Shen Genzhen, completed a 1% shareholding transaction in June 2025.