Wuxi Paike New Materials Technology Co., Ltd. was established in 2006, with a registered capital of 120 million RMB. The company’s total assets is about 7.2 billion RMB, current stuff is more than 900 and had been listed in Shanghai stock market (stock code: 605123). Paike New Materials is a company specialized in the R&D, production and sales of high-end metal forgings. The core products include ring forgings, open-die forgings, precision close-die forgings and other metal forgings made of special alloy materials such as stainless steel, alloy steel, carbon steel, magnesium alloys, aluminum alloys, titanium alloys, high temperature alloys, etc..The products are used in aviation, aerospace,power, petrochemicals, mechanics, as well as other industries.