A team from Huazhong University of Science and Technology has developed a "zero-transmission" forging equipment, which has received investment from the Machine Tool Industry Fund and will achieve domestic substitution of ten-thousand-ton equipment | Exclusive from 36Kr

Author | Ou Xue

Editor | Yuan Silai

Yingke has learned that Wuhan Xinweiqi Technology Co., Ltd. (hereinafter referred to as "Xinweiqi"), a company focusing on hot forging industrial mother machines, has recently completed its first - round financing of tens of millions of yuan. We have summarized the information of this round of financing and several highlights of the company:

Financing Amount and Use of Funds

Financing Round: First - round financing

Financing Amount: Tens of millions of yuan

Investment Institution: National Industrial Mother Machine Fund

Use of Funds: It is mainly used for the construction of heavy - production capacity of ultra - large servo direct - drive electric screw presses and to support R & D investment. The aim is to break through the existing production capacity bottleneck and lay the foundation for the delivery of equipment above 10,000 tons.

Basic Company Information

Establishment Time: 1993 (formerly a school - run enterprise of Huazhong University of Science and Technology, and achieved industrialized operation in 2010)

Headquarters Location: Wuhan City, Hubei Province

Core Products: Centered around servo direct - drive CNC electric screw presses, it is equipped with a full range of precision die - forging forming equipment such as CNC servo hydraulic presses, and provides an overall solution of "equipment + process + automation + digitalization + intelligence".

Technological Highlights: It has mastered the independently developed ultra - large permanent magnet synchronous motor direct - drive technology, achieving "zero transmission". It has reached the international leading level in terms of striking accuracy, energy - efficiency ratio, and equipment stability. It has delivered the first domestic set of 6300 - ton servo direct - drive CNC electric screw press, which is also the largest - tonnage one in the world.

Xinweiqi's overall die - forging solution (Source/Enterprise)

Product Applications: The products are mass - applied in the manufacturing of high - end forgings such as aero - engine blades, gas turbine blades, automobile steering knuckles, and UHV transmission line equipment. It serves more than 600 domestic and foreign customers such as AVIC and Sanhuan Forging, and has entered overseas markets in Europe, Japan, India, and Southeast Asia, helping to achieve domestic substitution in fields such as aerospace and new energy vehicles.

Market Size

Forging is the basic process for high - end manufacturing in aerospace, new energy vehicles, construction machinery, etc. With the increasing demand for complex, high - precision, and high - performance forgings in downstream fields and the upgrading of the manufacturing industry towards flexibility, intelligence, and greenness, the market for high - end and intelligent forging equipment has broad prospects. According to data from the China Forging Association, the total output of China's forging industry reached 13.793 million tons in 2024. China has been the world's largest producer and consumer of forgings for many consecutive years.

Company Performance

The company has maintained a growth rate of over 10% in recent years. It has served more than 600 customers in total, delivered over 1900 sets of equipment, and nearly 200 automated production lines. As the formulator of industry technical standards, the company took the lead in formulating the first domestic group standard for electric screw presses and has more than 70 patents. Its products have achieved domestic substitution and are exported to markets in Europe, Japan, India, and Southeast Asia.

Team Background

The company was founded in 1993 by Huang Shuhuai, the former president of Huazhong University of Science and Technology. Its technological gene comes from the State Key Laboratory of Material Processing and Die & Mould Technology of Huazhong University of Science and Technology. Feng Yi, the company's chairman and general manager, as the last disciple of Professor Huang Shuhuai, focused on the R & D of the company's core technology from his master's to doctoral stage. He led the company's industrial transformation in 2010 and has been fully responsible for the company's operation since 2016. In addition, the company's core team mainly has a background from Huazhong University of Science and Technology, forming a complete talent system that combines academic research, industrial experience, and enterprise management.

Chairman's Thoughts

Yingke: How does Xinweiqi's technological breakthrough manifest in the competition with foreign companies?

Feng Yi: The key to our technological breakthrough lies in the independent R & D of the motor. The equipment motors of foreign counterparts rely on suppliers such as Siemens, but our self - developed ultra - large permanent magnet synchronous motor has solved this bottleneck. This enables us to continuously increase the tonnage of our equipment. Currently, the 6300 - ton equipment is the largest in the world, and the 10,000 - ton equipment to be delivered next year will continue to hold this record. This breakthrough not only achieves domestic substitution but also turns us from a technological follower into a leader.

Yingke: What are the specific layouts of Xinweiqi's internationalization strategy?

Feng Yi: We adopt a two - way overseas expansion strategy. On the one hand, we deeply cultivate emerging markets such as India and Southeast Asia, where the manufacturing industry is developing rapidly. On the other hand, we have successfully entered the markets of traditional industrial powers such as Europe and Japan. Many overseas enterprises face problems of high equipment prices and long delivery cycles. Our equipment has advantages in terms of cost - performance and delivery speed and is becoming their new choice.

Yingke: How does Xinweiqi plan its future intelligent development?

Feng Yi: We are creating an AI intelligent agent for die - forging processes called "iMetal". This will digitize and intelligentize the process experience we have accumulated, enabling the transformation from an equipment provider to a manufacturing service provider. Through intelligent process optimization and quality control, we not only provide equipment but also a complete intelligent manufacturing solution, which is the core value of industrial mother machine enterprises in the future.