The year 2025 has been extraordinary for Ningbo Xusheng Group Co., Ltd. (hereinafter referred to as "Xusheng Group"), as it transforms challenges into opportunities and actively secures a leading position in the new wave of manufacturing competition. The company continues to deepen its focus on the new energy vehicle (NEV) sector while accelerating the development of new businesses, placing innovation at the core of its growth strategy and pursuing an innovation-driven development path. Through global expansion and localized operations, Xusheng Group maintains steady progress in industry competition, building a diversified growth framework.
Specializing in the R&D, production, and sales of precision aluminum alloy components, Xusheng Group is dedicated to providing lightweight solutions for its clients. The company prioritizes strengthening core capabilities in material research, process development, and automated production line design. By collaborating with premium clients across the NEV supply chain and related industries, Xusheng has solidified its position as a leading player in precision aluminum alloy automotive parts, particularly excelling in lightweight solutions for the NEV sector.
To meet diverse customer demands, Xusheng Group’s products are widely applied in NEVs, energy storage, robotics, and other fields—ranging from NEV body structural components and e-drive housings to energy storage cabinet frames and high-precision robotic joint parts. The company has also achieved breakthroughs in multi-material technologies, expanding its material portfolio from high-strength aluminum alloys to magnesium alloys and other metals/composites to meet varying performance requirements. By continuously enriching its product matrix and material systems, Xusheng not only reinforces its dominance in the NEV market but also establishes differentiated competitiveness in emerging sectors.
Investors have shown keen interest in Xusheng Group’s overseas capacity expansion and lightweight material (especially magnesium alloy) initiatives, frequently inquiring on interactive platforms. In response, the company stated that its Mexico facility has commenced phased production this year, with output gradually ramping up. Meanwhile, construction of its Thailand base began in July and is progressing as planned, with operations expected to start in the second half of 2026. These overseas sites will leverage Xusheng’s mature processes to serve Southeast Asian and adjacent markets.
Regarding lightweight materials, particularly magnesium alloys, Xusheng Group reports stable progress. The company has mastered core techniques like semi-solid injection molding, with related products entering prototype validation for robotic joint housings, structural frames, and automotive center console components. Some customers have already placed designated orders, and small-batch production is advancing smoothly.
In process innovation, Xusheng has successfully adopted liquid forging and ultra-thin part technologies, enabling single-step molding for complex cavity structures. These advancements reduce product weight by over 20%, significantly improve NVH (Noise, Vibration, Harshness) performance, and extend fatigue life. Strategically, the company has shifted from basic structural parts to high-value system components. Its integrated chassis modules employ multi-material bonding, while its latest subframe die-casting technology—using triple high-vacuum mold design and high-strength aluminum alloys—enhances suspension connection rigidity and isolates vibrations/noise, improving cabin NVH.
Xusheng Group has deeply penetrated global NEV leaders, including international brands like Rivian and Lucid, as well as Chinese automakers such as Li Auto, Zeekr, Leapmotor, and Xiaomi. It is also a key partner in the electrification transitions of established automakers like Great Wall Motors, Volkswagen, and Polestar. Long-term collaborations extend to Tier 1 suppliers (e.g., ZF, Valeo, Gestamp) and battery giants like CATL and Eve Energy.
Beyond NEVs, Xusheng’s self-developed energy storage battery housings, cooling module shells, and structural supports—praised for their lightweight, high-strength, and superior thermal properties—have gained market traction. As of its interim report, these products generated RMB 300 million in revenue, marking explosive year-on-year growth and fueling future performance momentum.
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