Yangzhou Haichang New Materials Co., Ltd. is an important high-tech enterprise engaged in the production of powder metallurgy products in China. Its main business is the research and development, production and sales of various powder metallurgy structural parts. Since its establishment in 2001, the company has been focusing on the design, production, sales and technical services of powder metallurgy products in power tools, automobiles (including new energy vehicles), household appliances, office applications and some other related fields. The company's products mainly include more than 1,500 kinds of powder metallurgical parts, including gears, bearings, structural parts, gear boxes, sprockets, rotors, eccentric cams, swing arms, etc.

After years of development, Haichang New Materials has now become an important domestic power tool powder metallurgical parts manufacturer, and has formed its own competitive advantages in product research and development, production organization, customer resources, etc. After years of research and development, the company has developed a number of new products in the fields of power tools, office equipment and automobiles: In the power tools powder metallurgy parts business, the company has been associated with many internationally renowned power tools and electrical and electromechanical related manufacturing companies. We have established a long-term and stable business cooperation relationship; in the automotive powder metallurgy parts business, we have become a supplier to many domestic automobile industry companies. Most of the company's products are exported to European and American countries such as the United States, Germany, the Czech Republic, Hungary, Brazil, Mexico, and Asian countries such as India, Japan, the Philippines, and Malaysia.

Haichang New Materials is currently actively accumulating excellent management and technical talents and planning to purchase advanced key production equipment. The company will actively expand the automotive powder metallurgy product market and other powder metallurgy product markets occupied by foreign-funded enterprises to realize domestic products to imported products. , the replacement of foreign-invested monopoly products will steadily develop into an advanced enterprise in the field of powder metallurgy. The company has 45 patented technologies, undertakes a number of national, provincial and municipal scientific and technological planning projects, and has successively obtained Jiangsu Province's high-tech product certification, high-tech enterprise certificate certification, and ISO/TS16949 professional certification.

On September 10, 2020, accompanied by a loud gong, Yangzhou Haichang New Materials Co., Ltd. was officially listed on the Shenzhen Stock Exchange GEM. The stock abbreviation is: Haichang New Materials, with the stock code "300885". A total of 20 million shares were issued during this listing, and the company's total share capital reached 80 million shares after listing. This has also become another important milestone in the company's development history.