Zhejiang Xinxing Tools Co Ltd Class A
SSZSE:30167745.98
CNY
+2.42
(+5.56%)
ISIN
CNE100007TD4
Return %
Stock
S&P 500
1Y
- -
13.14
3Y
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80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Dong Wei Zhu
- Full Time Employees
- 654
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Jiaxing China
- IPO Date
- Jul 30, 2026
- Website
- ch-tools.com
- Similar Companies
- Business
- Zhejiang Xinxing Tools Co., Ltd. is a China-based precision cutting tool manufacturer primarily engaged in the research, development, design, production, and distribution of high-performance hole-machining cutting tools and related industrial equipment. The company operates within the machinery and hardware tooling industry, providing comprehensive metal drilling and cutting solutions for structural engineering, bridge construction, rail transit, shipbuilding, aerospace, energy equipment, and heavy machinery manufacturing sectors. Its product portfolio comprises annular cutters and core drills, including tungsten carbide-tipped (TCT) annular cutters and high-speed steel (HSS) annular cutters; magnetic base drilling machines and portable electromagnetic drill systems; solid carbide cutting tools, including end mills, twist drills, step drills, and reamers; hole saws, bi-metal hole cutters, and deep-hole drilling tools; CNC tool holders, arbor adapters, cooling systems, and quick-change chuck accessories; and customized precision cutting tools tailored for specialized industrial machining applications. Zhejiang Xinxing Tools Co., Ltd. serves both domestic and international markets, distributing products across mainland China and exporting to overseas regions including North America, Europe, Southeast Asia, South America, and the Middle East. Founded in 1994, the company is headquartered in Jiaxing, Zhejiang Province, China. In recent major corporate developments, the company completed its initial public offering and listed its shares on the ChiNext board of the Shenzhen Stock Exchange under ticker 301677, utilizing proceeds to fund large-scale manufacturing expansion projects. The company has recently expanded its intelligent manufacturing capabilities by deploying automated CNC grinding and high-precision physical vapor deposition (PVD) coating production lines, broadening its solid carbide and multi-functional drilling tool product lines, and establishing an upgraded research and development testing center to advance high-end, high-durability cutting tool technologies.