FCS's Cumulative Sales Hit A New High Due To The New Energy Market Demand.
Exhibitor: FU CHUN SHIN MACHINERY MANUFACTURE CO., LTD.
Date: 2023-05-16
Booth No.: 521
After the pandemic, all sectors are in the progress of recovery. With the development in plastic technology, multi-component injection molding technology is gaining wider popularity. Under the boom of environmental protection, energy saving, and the new energy market, FCS is well-known in the industry for its exclusive two-component injection molding machines.
FCS Group (6603) is a leader in the equipment for the plastic and rubber industries, whose plastic and rubber molding equipment of multi-component injection molding machines continued to sell well in 2022, with an annual turnover exceeding USD 95 million, annual sales exceeding 550 machines, and the clamping force reaching 294,000 tons.
The market scale for alternative fuel vehicles in China keeps growing. As a result, the main customers of FCS, including Tesla, BYD, Stanley, Yingli, TYC, SAIC Motor, and Guangzhou Automobile, had invested more to expand production, leading to the increasing sales of FCS two-component injection molding machines.
FCS has been highly recognized and trusted by customers in the auto part industry, sports equipment, consumer goods, and computer/communications/consumer products for many years. As a result, FCS's revenue from the automobile part industry accounts for an increasingly high percentage.
By the end of 2022, the cumulative sales of FCS medium and large multi-component injection molding machines in the automobile industry reached 865 machines, with a total tonnage of clamping force of more than 870,000 tons and an amount of USD 276 million.
Successful Story: A New Product From The FCS Multi-Component Injection Molding Machine Line Has Been Released: The Debuts Of The X-Type Parallel Quartet-Injection Molding Machine!
For the past few years, FCS has made continuous improvements and breakthroughs in multi-component injection molding technology. In addition to serving as the standard setter in the multi-component plastic injection molding machine industry, FCS has developed HB-1900R large horizontal rotary table two-component injection molding machine. This machine has been recognized as the first product in the key field of the high-end equipment manufacturing industry in Zhejiang Province. There are breakthroughs and innovations in the appearance of new energy vehicle products, and improvements in the two-component application of electronic and medical products. Larger and more precise multi-component injection molding machines are becoming a trend. Subsequently, the all-electric two-component machine and the ultra-large all-electric multi-component injection molding machine launched by FCS satisfy the needs of the market in due course. With their reliability, high yield, and high customization, these two types of machines have become the preferred choice for multi-component injection molding machines among customers.
By the end of 2022, the cumulative sales amount for two-component injection molding machines of FCS Group reached USD 560 million, and the total tonnage of clamping force reached 1,825,000 tons. More specifically, more than 615 large multi-component injection molding machines and large horizontal rotary table two-component injection molding machines with more than 700 tons of clamping force were delivered in total.
Starting from 2023, the Ningbo Hangzhou Bay New Zone plant will gradually put into production special machines with a clamping force of more than 500 tons, such as large multi-component injection molding machines with two-platen injection molding machines, large multi-component injection molding machines, and large horizontal rotary table two-component injection molding machines. The plant will integrate resources with the existing two plants in Dongguan and Ningbo to manufacture larger plastic injection molding machines and improve smart manufacturing.
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