Ningbo Powerway Alloy Materials Co., Ltd. (Ticker: 601137), as an industry leader in top alloy materials, is among the first batch of truly innovative enterprises in China. It is a State Enterprise Technology Center, a National Technical Innovation Demonstration enterprise, and a China “Key High-tech Enterprise.” What’s more, it is a unit-director and technical committee member of the International Wrought Copper Council (IWCC). The company has a National Post-Doctoral Research Station, a National Accredited Laboratory, and a National-domestic-united Engineering Research Centre. Following parent company Powerway Group’s strategic mission, it is constructing a three-base industrial structure seeking "new materials, new energy and capital operations”; internationalizing; and leading industry development to promote a new era of progress.
Powerway Alloy was founded in 1993 with a registered capital of 430 million RMB. The company owns three production bases - Ningbo Yunlong and Ningbo Binhai in China, Boviet in Vietnam. These facilities employ more than 3,000 staff on a total area of 364,400 square meters.