World Precision Machinery Ltd.
SSGX:B490.11
SGD
0.00
(0.00%)
World Precision Machinery Ltd.
SGX:B49
(Singapore Exchange)
Recent
price
0.11
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yld
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ROIC.AI
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- Business
- World Precision Machinery Limited is an investment holding company and one of the leading manufacturers of stamping machines and metal forming equipment in the People's Republic of China. Founded in 1953 and headquartered in Danyang, Jiangsu Province, China, the company operates as a key equipment manufacturing arm under Jiangsu World Group and is listed on the Mainboard of the Singapore Exchange. World Precision Machinery designs, engineers, manufactures, and distributes a comprehensive portfolio of metal stamping and forming machinery, components, and automated production solutions sold primarily under the WORLD brand. The company operates through core business segments comprising Conventional Stamping Presses, High-Performance Stamping Presses, High-Tonnage Stamping Presses, CNC Metal Forming Machines, Stamping Automation Lines, and Machine Components and After-Sales Services. Its product and service offerings include conventional C-frame mechanical power presses and open-back inclinable presses; high-precision straight-side single and double-crank mechanical presses; high-tonnage multi-point link motion forging and stamping presses; heavy-duty hydraulic presses; computerized numerical control (CNC) shearing, bending, and turret punch presses; CNC fiber laser cutting systems; automated coil feed lines, uncoilers, levelers, and robotic transfer press systems; precision metal castings, crankshafts, gears, and pneumatic wet clutch and brake units; as well as custom engineering, machine retrofitting, remote diagnostics, installation, and preventative maintenance services. The company serves a diversified industrial customer base across automotive manufacturing, new energy vehicles, consumer electronics, home appliances, telecommunications, aerospace, hardware, and precision electrical engineering sectors. While China represents its primary revenue base through an extensive network of sales and service centers across eastern, southern, central, and northern provinces, the company exports to international markets in Southeast Asia, Europe, South America, the Middle East, and Africa through key operating subsidiaries including World Precise Machinery (China) Co., Ltd., World Precise Machinery (Jiangsu) Co., Ltd., and World Precise Machinery Parts (Jiangsu) Co., Ltd. In recent operational developments and strategic initiatives, World Precision Machinery has accelerated its transition toward high-end intelligent manufacturing and automated forming systems to capture growing demand from the new energy vehicle and clean energy supply chains. The company has launched advanced high-speed servo-driven precision presses and automated multi-station transfer press lines engineered specifically for lithium-ion battery casing fabrication, motor core laminations, and lightweight structural automotive components. Operationally, the group has upgraded its manufacturing base in Jiangsu with advanced automated machining centers, smart foundry enhancements, and energy-efficient casting lines to optimize internal parts fabrication, reduce unit costs, and improve component tolerances. In addition, World Precision Machinery has expanded its international distribution networks and localized overseas technical support partnerships to increase export penetration, while deploying IoT-enabled remote monitoring and condition-based predictive maintenance capabilities across its automated press lines to support customer smart factory initiatives.