Recently, at the launch event for Jinma Group’s “Digital Factory” project, a newly upgraded plan for building a digital factory platform—integrating all business processes, production elements, and the entire value chain—was unveiled, immediately capturing widespread attention and generating great excitement.
Leveraging industrial internet technologies and the digital twin concept, the platform is dedicated to seamlessly integrating all stages—from sales orders and technical processes to production planning, shop-floor execution, and final order delivery—while building a fully digital, transparent factory that enables human-machine digital interaction, fosters manufacturing digital collaboration, and supports data-driven decision-making in management. One can easily envision that, following the implementation of this "digital factory" initiative, Jinma Group will embark on a new era of high-quality growth and development.
Sixty-seven years of navigating through thick and thin—evolving from a collectively-run enterprise initiated by the community, to a county-managed collective business, then to a diversified, comprehensive group company, and now finally realizing the vision of a "digital factory." Jinma has consistently kept pace with the times, boldly pioneering new paths and relentlessly moving forward.
Facing the sudden and unprecedented challenge of epidemic prevention, Jinma united as one, rising to the occasion with determination. Seizing opportunities amid crisis and forging new paths amid uncertainty, the company achieved steady growth in economic performance, delivering a satisfying result.
Quality Wins—Awarded Bosch's "Outstanding Supplier in the Asia-Pacific Region"
Recently, Bosch Group of Germany held its 2020 Asia-Pacific Supplier Conference and Awards Ceremony, to which Ma Zubin, Chairman of Jinma Group, was invited to attend. Recognized for outstanding supply performance and service excellence, Jinma Group stood out among more than 1,000 suppliers and was honored with the prestigious title of "Asia-Pacific Outstanding Supplier" from Bosch.
Germany's Bosch Group is the world's largest supplier of automotive technology and solutions, representing the pinnacle of global industrial excellence. Earning this prestigious recognition reflects Bosch Group's endorsement and appreciation of Jinma Group, serving as strong validation of Jinma Group's commitment to high-quality products and exceptional service.
In the fiercely competitive automotive parts market, why has Jinma Group managed to win the favor of globally renowned companies and secure an increasing number of international orders? Digging deeper into the reasons, behind its exceptional quality and strong brand presence lies the company’s successful acceleration of transformation and upgrading, as well as its ongoing efforts in technological innovation.
In recent years, Jinma Group has been steadily reshaping its industrial structure by deepening its presence in the machinery manufacturing sector. Among its strategic priorities, automotive components have emerged as a key growth area. Today, the company’s core product lineup includes critical parts for vehicle systems such as steering, braking, power transmission, and engines. With cutting-edge process technology and consistently high-quality products, Jinma Group has already reached international benchmarks. Notably, the company ranks first in China in both production and sales of steering gear pistons and sector shafts for commercial vehicles, capturing 26.13% of the global market—a testament to its industry leadership. Additionally, Jinma Group has been recognized as one of the fourth batch of Shandong Province’s Manufacturing Single-Champion Enterprises. Committed to driving innovation, maintaining rigorous management practices, and achieving precise cost reductions while boosting efficiency, the company is fully focused on elevating service quality across every aspect, from product development and quality control to cost management and timely delivery.
Thanks to its exceptional product quality and strong reputation, Jinma Group has significantly increased its market share. It is a top-tier and strategic supplier to globally renowned automotive component companies such as Bosch, ZF, and Magna, providing integrated services to leading domestic and international vehicle manufacturers, including Mercedes-Benz, BMW, Volkswagen, Fiat Chrysler, General Motors, Ford, Volvo, Daimler, Scania, China FAW, and Sinotruk.
Currently, the Jinma Group is accelerating the construction of its core component project for electric steering systems in commercial vehicles. The company is fully committed to technological upgrades and is continuously increasing investments in advanced automation equipment. To date, it has invested nearly 100 million yuan to establish China's first transparent-type axle-head hot forging automated production line, as well as the country's first demonstration production line featuring domestically produced robotic forging applications. These groundbreaking initiatives are serving as key entry points to gradually roll out automation across multiple manufacturing processes—specifically, automating and upgrading seven existing production lines. This move is helping the automotive components industry take a significant step toward multi-process automation, ultimately paving the way for the company to evolve into a smart, fully integrated factory.
Pioneering Innovation—Awarded Approval to Establish a "National Postdoctoral Research Workstation"
Recently, the Ministry of Human Resources and Social Security and the National Postdoctoral Administration Committee announced the list of newly approved national postdoctoral research workstations, and JINMA Group was successfully included.
Establishing a national postdoctoral research workstation places high demands on a company's research capabilities and infrastructure. In turn, it also builds a vital bridge between companies' technological needs and scientific research. Leveraging this platform, Jinma Group will further enhance its independent innovation capacity and core competitiveness, driving both research-driven innovation and industrial growth.
For years, Jinma Group has consistently driven itself forward through innovation, continuously increasing its investment in research and development, accelerating the adoption of new technologies and materials, and propelling the company’s transformation, upgrading, and high-quality growth—ultimately achieving a remarkable leap from "Made by Jinma" to "Smartly Made by Jinma."
The electronically controlled diesel high-pressure common-rail system is the core component that enables advanced electronic control functions in diesel engines. Developed by Jinma Group, the company’s cutting-edge engine high-pressure common-rail products boast superior pressure resistance and fatigue strength compared to similar offerings, positioning the technology at an internationally leading level—and filling a significant domestic market gap.
Notably, the invention patent for "Engine High-Pressure Common-Rail Forgings" has earned the First Prize of the Rizhao City Patent Award and the Third Prize of the Shandong Province Patent Award. Additionally, the project itself was recognized with the First Prize of the Rizhao City Science and Technology Progress Award. Currently, these innovative components are already being supplied to renowned global companies such as Delphi and Schaeffler.
In response to the growing industry demand for vehicle lightweighting and electrification, the company has partnered with Germany’s Bosch Group to jointly develop a new generation of core components for ECO steering systems. Leveraging the company’s existing equipment and manufacturing expertise, continuous R&D and testing have led to breakthroughs in precision semi-circular machining—a longstanding technical challenge. As a result, prototype units have successfully passed rigorous validation tests.
By integrating lightweight design principles into the product, the company not only meets customers’ personalized requirements but also effectively controls production costs, significantly enhancing the product’s competitiveness in the global market.
As a Gazelle Enterprise in Shandong Province, Jinma Group currently operates more than 10 national and provincial-level R&D platforms, including a nationally recognized Enterprise Technology Center. Collaborating closely with over 10 prestigious universities and research institutions, the group has undertaken numerous research and innovation initiatives in key manufacturing technologies and processes—resulting in several products that have successfully broken foreign monopolies.
Jinma Group has also taken on more than 30 national and provincial-level or higher scientific research projects, earning over 20 awards at various levels. The company holds over 100 authorized patents across diverse fields and plays a leading role in drafting or participating in the development of 9 national and industry standards.
With a team of more than 260 engineering and technical professionals, Jinma Group has also strategically recruited nearly 100 top-tier talents, including Academician Chen Yunbo from the Chinese Academy of Engineering, fostering cutting-edge innovation and expertise within the organization.
With a strong emphasis on advanced technologies and R&D investment, the company has successfully launched a series of new products that are not only challenging to develop but also highly innovative, technologically sophisticated, and commercially successful—many of which have already entered mass production. As a result, the company’s core competitiveness continues to shine. Additionally, 52 newly developed products—including pistons, sector gear shafts, hollow shaft heads, levers, and brake baseplates—and more than 30 innovative manufacturing processes have given the business a competitive edge and strengthened its long-term growth potential. The company was proudly recognized as one of the "Top 100 Chinese Machinery Enterprises" for 2019.
Industrial Upgrade: Strategically Positioning the New Energy Sector to Build a Green Industrial Park
Gazing out at the Jinma Industrial Park, 47,000 high-capacity, highly efficient solar photovoltaic panels are arranged into 14 distinct arrays, gracefully spanning the rooftops of the park’s factory buildings—and together they form the Jinma Group’s impressive photovoltaic power generation matrix.
Last year, Jinma Group launched a photovoltaic power station project, leveraging the underutilized rooftop space of its factory buildings. By harnessing solar energy for electricity generation, the company achieved self-consumption while feeding excess power back into the grid. This initiative not only delivered significant economic benefits to the enterprise but also contributed to energy conservation and emission reductions, yielding substantial ecological advantages.
Currently, the project has fully connected to the grid, reaching its maximum daily output of 96,000 kilowatt-hours and an annual total generation capacity of 16.8 million kilowatt-hours. Self-consumption rates exceed 75%, and based on average daytime electricity prices, the project generates annual revenues of approximately 13 million yuan.
Building solar photovoltaic power plants is just the starting point for Jinma Group as it accelerates its strategic layout in the new energy sector. Focused on high-quality development and industrial upgrading, the group is committed to creating a green, low-carbon industrial park. In 2019, Jinma Group harnessed the power of Yufeng to launch a wind power project, actively pursuing R&D, application, and manufacturing innovations in renewable energy fields such as wind resources—and is now fully ramping up its expansion into the green, clean-energy market.
In the complete wind turbine assembly workshop at Jenmour New Energy, workers are currently assembling the JM330KW wind turbine generator unit. This highly intelligent equipment is independently developed, designed, and manufactured by the company itself. It uses a wind speed and direction sensor to provide real-time wind speed and direction data to the central PLC, ensuring the turbine operates safely, efficiently, and continuously generates electricity.
On December 27, the company successfully shipped its first independently developed and produced JM330kW wind turbine, which has now arrived on-site for installation and commissioning. The turbine will be used in the "Yanchang Petroleum 1GW Wind-Solar-Gas-Hydrogen-Pastoral Energy Internet Demonstration Project," jointly developed by Jenmour New Energy and Yanchang Petroleum. Additionally, six more assembled JM330kW wind turbines are set to be exported to Japan upon completion of installation.
Jenmour New Energy has also partnered with top research institutions like the Chinese Academy of Sciences, achieving significant breakthroughs in the development of new projects. The company has successfully converted wind kinetic energy directly into both cooling and heating energy, addressing diverse market demands—including coal-to-energy transitions, agricultural heating, industrial heat applications, and commercial cooling/heating solutions—both domestically and internationally. This innovative approach not only promotes energy efficiency and environmental sustainability but also boosts operational productivity, showcasing immense market potential.
Encouragingly, the company has now emerged as a solutions provider and equipment supplier for the Ministry of Commerce's foreign aid wind power projects. Additionally, it is actively engaging in discussions with Shandong Port Group and Qilu Transportation Development Group to jointly advance renewable energy initiatives at their respective ports and highway service areas. At the same time, the company is aggressively expanding into key markets across Southeast Asia, South Asia, Europe and North America, as well as Latin America.
Cultural Enrichment—Bringing Home the "National Civilized Unit" Trophy
At the year-end, good news kept pouring in. On November 20, joyful news came from the National Conference Commending Spiritual Civilization Construction—Jinma Group was awarded the prestigious title of "National Civilized Unit." It is the first and currently the only private enterprise in our city to receive this honor.
Civilization is the soft power driving urban development and the spiritual force propelling societal progress. In the nationwide effort to build civilized cities, in our pursuit of becoming a nationally recognized civilized organization, and as we steadfastly uphold values, nurture hearts through culture, actively embrace social responsibility, and contribute to local economic growth—people of Jinma have always walked hand-in-hand with civilization.
Upholding value-driven principles, we actively fulfill our social responsibilities. We are advancing the cultivation of core socialist values by organizing initiatives such as "Being Civilized and Polite Jinma People," recognizing and promoting exemplary individuals and moral role models through programs like "De Yao Rizhao" learning campaigns, and deeply engaging in education focused on ideals and beliefs. Additionally, we participate in meaningful public welfare activities, including voluntary blood donations and charitable contributions, and join volunteer efforts like "Carrying Forward Lei Feng's Spirit, Becoming Good Citizens of Rizhao" and "Yielding at Zebra Crossings." During the pandemic, we proactively stepped up to take responsibility for prevention and control—leading by example with personal donations of funds and protective supplies, while also actively helping others and serving the community, spreading kindness and working together to build a more civilized society.
Uphold cultural education to nurture hearts, and build a cultural brand with "Jinma" characteristics. Strengthen cultural leadership by focusing on developing a distinctive corporate culture tailored to the realities of manufacturing employees, most of whom work directly on the production floor. Establish grassroots cultural hubs by placing cultural display boards in workshops, construction sites, and employee training centers, ensuring that employees can easily encounter and engage with cultural content as they move through their daily routines. At the same time, consistently organize vibrant cultural and sports events such as "Our Festivals" and "Mini Marathon Competitions," enriching employees' lives and fostering a sense of community.
Sixty-seven years of profound transformation—through it all, Jinma Group has embraced the mission and responsibility of a private enterprise, consistently leading the way in supporting urban development. Driven by innovation and forward-thinking, the company has honed an impressive array of skills to overcome challenges, ultimately evolving into a shining symbol of private enterprise in Rizhao City.
Great undertakings always take flight through relentless progress; magnificent chapters are continually written through unwavering perseverance. We firmly believe that the Jinma Group will forge ahead with an unyielding spirit of determination, taking ever stronger and more resolute steps forward—and soaring to new heights as we consistently surpass ourselves.