On October 16, TIANGONG INT'L (00826) signed a strategic cooperation agreement with Savidar in Ningbo. The two parties will collaboratively tackle key technologies in powder metallurgy for new die-casting molds and additive manufacturing to serve mainstream automotive manufacturers domestically and internationally, driving innovation in high-end mold materials and supporting the high-quality development of China’s advanced manufacturing sector. On the same day, TIANGONG INT'L Chairman Zhu Xiaokun, along with the technical and sales teams, visited Savidar Technology Co., Ltd. in Ningbo for in-depth discussions on “key technologies in powder metallurgy for new die-casting mold steel and additive manufacturing,” leading to the formal signing of the strategic agreement. This agreement marks a significant step towards collaborative innovation and win-win development in the field of high-end die-casting mold materials.
Savidar is a leading global provider of lightweight technology and comprehensive solutions for large-scale die-casting, focusing on sectors such as automotive, rail transit, and new energy equipment, and boasts deep technical expertise and a broad customer base. Their partners include renowned domestic and international new energy vehicle brands, maintaining close technical exchanges and project collaborations with global automotive manufacturers. With its leading position in the large-scale integrated die-casting structural component sector, Savidar has become one of the most influential core technology enterprises in lightweight manufacturing in China.
TIANGONG INT'L, as a high-end material research and manufacturing platform, leverages its core strengths in powder metallurgy, mold steel, and precision cutting tools to develop a leading technical system and industrial chain integration capability both domestically and internationally. In recent years, the company has actively undertaken the national key research and development program “R&D and Application of Key Technologies in Powder Metallurgy for New Die-Casting Mold Steel and Additive Manufacturing,” aiming to overcome technical bottlenecks in high-end mold materials and provide critical material support for China’s high-end equipment manufacturing.
According to the agreement, both parties will jointly tackle core technologies like powder metallurgy and additive manufacturing while focusing on the R&D and application of new die-casting mold steel materials. TIANGONG will leverage its advantages in material design, organizational control, and manufacturing processes to provide high-performance and high-stability mold materials; Savidar will rely on its strong foundation in large die-casting shaping and customer application validation to advance the process verification and industrialization of new materials, exploring innovative applications of next-generation die-casting mold materials in sectors such as new energy vehicles, smart manufacturing, and large structural components.
The agreement stipulates that both parties will establish a regular communication and technical coordination mechanism to gradually promote the transformation of results and project implementation, forming a comprehensive cooperation model covering the entire chain from material R&D, mold manufacturing, die-casting processes, customer validation, to industrial promotion. Additionally, both sides will adhere to principles of “complementary advantages and win-win benefits” in intellectual property rights, result sharing, and subsequent industrialization layout to jointly promote the construction of a self-innovation system for high-end manufacturing materials in China.
This signing not only represents TIANGONG INT'L's important strategy to deepen industrial collaboration and extend its value chain but is also another milestone in accelerating the industrial application of powder metallurgy technology. In the future, TIANGONG INT'L will continue to uphold its vision of “Let the World Love TIANGONG Made,” and join hands with Savidar to promote the deep integration of new materials and high-end manufacturing, contributing to the construction of a globally competitive advanced manufacturing industrial cluster.