On May 21, 2025, Boya Precision Industrial Equipments Co., Ltd. (Stock code:300971) sucessfully won the bid for core equipment in the NEMM (ArcelorMittal-China Oriental New Energy Magnetic Material Project) including Coaters, side trimmers, and finishing lines for Silicon steel. due to it’s leading technical capabilities and outstanding product performance. Chairman and General Manager Li Wenxi, Deputy General Manager Deng Jieli, Director of Equipment Division Liang Xuesong and Business Representative Fishey Wang attended the signing ceremony which marks a significant breakthrough for Boya in the international high-end market.
Empower the green transition and facilitate the upgrading of new energy industry chain.
ArcelorMittal Jinxi New Materials (Changzhou) Co., Ltd. is a joint venture company between ArcelorMittal Group and China Oriental Group. NEMM is characterizing in green manufacture and will achieve 100% green power supply as a key construction project.
NEMM as a type of material is mainly apply in the core of various motors, power generation and transformation equipment. One of the main applications nowadays is the motors for the New Energy Vehicles (NEVs) where it helps reduce energy loss and improve efficiency with its high performance of good electromagnetic induction, low core losses, high precision dimensions, high strength, optimized punchibility and long durability.
Deep accumulation of technology highlights the international competitive advantages
BOYA has been dedicated to the high precision equipment manufacturing for two decades, as a national-level “Little Giant” enterprise (specialized, refined, distinctive, innovation) and a “National Intelligent Property Demonstration Enterprise” . And Boya is always upholding the mission of “ forging world-class equipment manufacturing enterprise with international competitive advantages, quality and efficiency”, breaks technology barrier in strip forming processing equipment and special spare parts and realizes independent control of core technologies. So far, BOYA owns 259 patents in various industry like steel and non-ferrous metallurgy, its silicon steel coater has been widely applied by Chinese leading company Bao steel and Shou steel with high precision, intelligence and low energy consumption and also has been exported to South-Asia and Europe. Boye wins NEMM project which further validates its competitiveness in the global high-end equipment supply chain.
Accelerating Global Expansion and Opening a New Chapter in Worldwide Collaboration.
Recently, BOYA continuously deepens global strategy with sustained momentum and expands market by participating in exhibition and establishing oversea branches. The cooperation with global steel giant ArcelorMittal marks BOYA furtherly integrating into the international high-end supply chain. Chairman Mr. Li expressed that NEMM project is a vivid demonstration of Boya’s “ Brand Operation and Strengthened Chain Synergy” , BOYA will provide more efficient and eco-friendly systemic solutions relies on technogical advantages and intelligent manufacturing capacity for global customers and assist “Made with Chinese Inteligence” to go to the world.