Tianjin Motor Dies
Automotive dies, stamping parts, and fixture manufacturing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| CNY | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (3 %) | (38 %) | 40 % | 36 % | 10 % | (2 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 11 % | 21 % | 1 % | 15 % | 12 % | 13 % | 15 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 10 % | 4 % | (61 %) | (11 %) | 3 % | 3 % | 3 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 3 % | 5 % | 4 % | 4 % | 4 % | 3 % |
Source: Company filings or news article
In 1996, a group of founders, including Hu Jinsheng, established Tianjin Motor Dies to manufacture a critical component of car production: the dies that shape a vehicle's body. The company entered the market specializing in the research, design, and production of these complex molds. The company’s playbook focused on becoming a one-stop shop for automakers, providing not just the molds but a full suite of related equipment and technical services for new car models. This strategy allowed them to build a broad customer base that included major domestic and international car brands. Over time, they became a leading domestic player, particularly in molds for car body panels. A major turning point came on November 25, 2010, when Tianjin Motor Dies went public on the Shenzhen Stock Exchange. This event provided the capital and profile for the next phase of growth. The company began to expand internationally, establishing a subsidiary in Germany and acquiring assets from a local firm to better serve European clients like Porsche, BMW, and Mercedes-Benz. By the 2020s, the original founders, advancing in age, sought to secure the company's future. After a previously attempted deal fell through, a state-owned asset management branch acquired a controlling stake in late 2023, marking a new chapter of ownership for the automotive mold giant.
