Buyang International is an aluminum alloy steam wheel manufacturer. Zhejiang Buyang Steam Turbine Co., Ltd., the main operating subsidiary of Buyang International, was incorporated in 2007. The company's production plant is located in Yongkang City, Jinhua City, Zhejiang Province, China. Our customers are mainly wholesale traders and retailers of aluminum alloy steam wheels in the aftermarket. Customers purchase our branded and/or unbranded aluminum alloy steam wheels and sell them in the after-sales market to meet the modification, repair and maintenance needs of end users.
The history of Buyang International can be traced back to 2005. Considering the development prospects of the automobile industry, our founder, Mr. Xu Buyun, decided to use the manufacturing business experience he gained from the Buyang Group to enter the steam turbine manufacturing business, focusing on overseas aftersales markets. After gaining relevant experience, Mr. Xu decided to expand the steam turbine manufacturing business, so in 2007, he registered our wholly-owned subsidiary Buyang Steam Turbine.
To further develop and expand our business, we began developing the domestic aftermarket in 2011 and invested over RMB 10 million in the same year to expand our production capacity, including the introduction of low pressure casting machines and spraying equipment. We also developed and registered our trademark in 2013, and our aluminum alloy steam wheel brand “BYW” was later rated as a famous brand in Zhejiang by the Zhejiang Quality and Technical Supervision Bureau in 2018. After years of development, in the year ending December 31, 2020, our annual sales volume of aluminum alloy steam wheels exceeded 1 million, with customers in more than 50 countries.
CEO: Buyun Xu
Market: Hong Kong motherboard
Listing Date: 12/15/2022