en.Wedoany.com Reported - On the evening of April 1, Huaqin Technology announced that the company recently signed two daily operation sales contracts with a certain customer. The subject matter of the contracts is special functional material products for aero-engines. The total contract amount is 103 million yuan (including tax), valid until August 30, 2027. If the aforementioned contracts are smoothly fulfilled, it will have a positive impact on the company's operating performance.
The company stated that the signing of the sales contracts reflects the gradual implementation of the company's "One Core, Two Wings" strategic planning layout. Specifically, the "One Core" refers to the company's focus on aero-engines. Through the expansion of business and products at the headquarters and subsidiaries, the company continuously enhances its market position as a supplier of key technology materials in the aero-engine field. The "Two Wings" refer to the company further expanding the supply of key core material products for aircraft fuselages and other high-end manufacturing fields.
Huaqin Technology is currently one of the very few high-tech enterprises in China capable of comprehensively covering the design, research and development, and production of special functional materials with full-temperature range, multi-spectrum, and integrated structural and functional design. It possesses particularly evident technological advantages in the medium-to-high temperature special functional materials field, with outstanding industrialization achievements. Its products have achieved installation applications in multiple fields, giving it a first-mover advantage in the industry. In the medium-to-high temperature special functional materials field, the company, based on customer needs, conducts continuous in-depth research, constantly iterates and updates products, and has achieved a series of breakthrough results.
Kaiyuan Securities' research report points out that Huaqin Technology is actively expanding around the aero-engine industry chain, laying out in high-value-added fields such as ceramic matrix composites, resin matrix composites, and metal processing, aiming to create a second growth curve. Its Shenyang subsidiary focuses on metal parts processing for aero-engines, and its equipment achieved mass production in 2025. The company's resin composites have already been delivered, with expectations of large-scale volume increase in 2026. Its Shanghai subsidiary, relying on an academician team, has broken through ceramic matrix composite technology, which enhances engine thrust-to-weight ratio and is a core direction for future aero-engine upgrades. This is expected to contribute new revenue increments for the company in the medium term. As the layout of new material business gradually completes the process from trial production to mass production, coupled with the release of new production capacity, the per-unit value of the company's products in the aviation downstream is expected to significantly increase, thereby opening up space for performance growth.
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