China's Yingliu Electromechanical Co., Ltd. Renews Five-Year Gas Turbine Component Supply Agreement with Global Energy Technology Company Baker Hughes
2026-06-18 09:45
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en.Wedoany.com Reported - Anhui Yingliu Electromechanical Co., Ltd. (stock code: 603308) and global energy technology company Baker Hughes renewed a strategic supply agreement for the next five years (2026–2031) in Shanghai on June 15, 2026. The two parties will embark on deeper technological and supply chain cooperation in the field of gas turbine core components. The agreement covers high-temperature alloy components for multiple mainstream and new gas turbine models, including the LT16, with supply volumes set to increase significantly.

Founded in 2006 and headquartered in Hefei, Anhui Province, Anhui Yingliu Electromechanical Co., Ltd. was listed on the main board of the Shanghai Stock Exchange in 2014. The company's main business includes the research, development, manufacturing, and sales of high-temperature alloy products, precision steel castings, nuclear power and other medium-to-large steel castings, as well as new materials and equipment. Its products cover special materials and complex structural components used in various high-temperature, high-pressure, high-wear, and high-corrosion environments, primarily applied in high-end equipment fields such as aerospace, gas turbines, nuclear power, and oil and gas resources. After years of deep cultivation, Anhui Yingliu has established a complete "two-engine" (aircraft engine and gas turbine) key component casting industry chain, from master alloys and ceramic core manufacturing to investment vacuum precision casting, vacuum heat treatment, and hot isostatic pressing. As of 2026, the group owns eight national and provincial innovation R&D platforms, including a National Enterprise Technology Center, with an annual output value exceeding 6 billion RMB. Baker Hughes is a globally leading energy technology company listed on NASDAQ (stock code: BKR), with operations covering two major segments: Oilfield Services & Equipment and Industrial & Energy Technology. The company provides equipment, services, and digital solutions for the energy and industrial sectors.

Since entering Baker Hughes' global supply chain in 2015, Anhui Yingliu has leveraged its technical expertise in high-temperature alloy materials and precision manufacturing to achieve consecutive annual increases in the delivery volume and share of turbine blades and structural components for various mainstream Baker Hughes gas turbine models. Following this renewal, the two parties will engage in deep collaboration on moving blades, guide vanes, and structural components, particularly in joint efforts to improve machining precision of high-temperature alloy materials and the application of high-temperature resistant coatings. Du Yingliu, Chairman of Anhui Yingliu, stated that this renewal is not only a continuation of large-volume procurement orders but also a leap in technical level. With breakthroughs in precision machining of gas turbine core components and various advanced spraying technologies, Anhui Yingliu will upgrade from a single casting supplier to an integrated "casting + machining + coating" finished product supplier. Davide Marrani, Head of Global Procurement and Supply Chain at Baker Hughes, noted that Anhui Yingliu is a company that has mastered the full-process manufacturing technology for hot-end components of multiple Baker Hughes gas turbine models. This strategic cooperation upgrade will strongly support Baker Hughes' market expansion in global natural gas power generation, mobile power generation, and offshore platform energy solutions.

Gas turbine turbine blades are core hot-end components in fields such as power generation, ship propulsion, and pipeline boosting, requiring long-term stable operation under high temperature, high pressure, and corrosive gas environments. Their manufacturing involves multiple core technologies, including high-temperature alloy material R&D, precision casting, and coating protection. The renewal of this strategic supply agreement further solidifies Anhui Yingliu's position as a core supplier in Baker Hughes' global supply chain, providing a practical example for Chinese high-end manufacturing enterprises to deeply participate in the global energy equipment industry chain.

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