TIANGONG INT'L (00826) signs strategic cooperation agreement with Saivida to jointly promote the new development of high-end die-casting materials technology.

On October 16, TIANGONG INT'L (00826) signed a strategic cooperation agreement with Ningbo Saiweida to jointly develop key technologies for new powder metallurgy and additive manufacturing for die-casting molds, serving mainstream automobile manufacturers at home and abroad, and jointly promoting innovation in high-end mold materials and the high-quality development of advanced manufacturing industry in China. On October 16, Zhu Xiaokun, Chairman of the Board of Directors of TIANGONG INT'L Co., Ltd., led the technical and sales team to visit Ningbo Saiweida Technology Co., Ltd. The two parties conducted in-depth exchanges on the "key technologies for new powder metallurgy and additive manufacturing for die-casting molds" and formally signed a strategic cooperation agreement. The signing of this contract marks a solid step taken by both parties in the field of high-end die-casting mold materials towards collaborative innovation and win-win development. Ningbo Saiweida is a global leader in lightweight technology and large-scale die-casting integrated solutions provider, focusing on the automotive, rail transit, new energy equipment and other fields for a long time, with deep technical accumulation and extensive customer resources. Its partners include well-known domestic and foreign new energy vehicle brands, and it maintains close technical exchanges and project cooperation with international vehicle manufacturers. With leading position in the field of large integrated die-cast structural parts, Saiweida has become one of the most influential core technology companies for lightweighting in China. TIANGONG INT'L, as a high-end materials research and manufacturing platform, relies on its core advantages in powder metallurgy, tool steel for molds, precision cutting tools, etc., and has formed a leading technological system and industrial chain integration capability at home and abroad. In recent years, the company has actively undertaken the national key R&D program "Research and application of key technologies for new powder metallurgy and additive manufacturing for die-casting molds," aiming to break through the technical bottleneck of high-end mold materials and provide key material support for China's high-end equipment manufacturing. According to the agreement, the two parties will jointly develop key core technologies such as powder metallurgy and additive manufacturing around the research and application of new die-casting mold materials. Tian Gong will fully leverage its advantages in material design, organizational control, and manufacturing processes to provide high-performance, highly stable mold materials; Saiweida will rely on its deep expertise in large die-casting forming and customer application verification to drive the process verification and industrialization of new materials, jointly explore the innovative applications of new generation die-casting mold materials in new energy vehicles, intelligent manufacturing, and large structural components. The agreement specifies that the two parties will establish a mechanism for regular communication and technical collaboration, gradually promote the transformation of results and project implementation, and form a full-chain cooperation model covering material research and development - mold manufacturing - die-casting process - customer verification - industry promotion. At the same time, in terms of intellectual property rights, results sharing, and follow-up industrial layout, the two parties will uphold the principle of "complementary advantages, mutual benefit and win-win" to jointly promote the construction of an independent innovative system for high-end manufacturing materials in China. This signing is not only an important layout for TIANGONG INT'L to deepen industrial cooperation and extend the value chain, but also another milestone for the company to accelerate the industrial application of powder metallurgy technology. In the future, TIANGONG INT'L will continue to uphold the development vision of "making the world fall in love with Tian Gong manufacturing," work hand in hand with Saiweida, jointly promote the deep integration of new materials and high-end manufacturing, and contribute to the construction of a globally competitive advanced manufacturing industry cluster.