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A strong start to the year! Orders exceed 2 billion yuan, small gears 'leap' to great development
2025-02-03
On a busy morning in early February, the workshop of Zhejiang Juyue Gear Co., Ltd. was bustling with activity. Workers were busy on various production lines, including hobbing, heat treatment, post-heat grinding, and gear grinding, striving to complete orders on time and to the required quality.
Workers rushing orders
In 2019, Stellantis, a European automotive giant, issued a call for bids for a new energy vehicle gear project. However, the cooperation conditions were quite stringent: Suppliers needed to bearover 30 million yuanin development costs and project risks, and the development cycle was as long as4 years. Many companies chose to wait and see. At that time, Juyue, an unknown company with an annual profit of only over 10 million yuan，dared to take the risk and became the first company to sign this challenging agreement.
“After 4 years of joint research and development, in May 2023, this customized high-speed new energy gear went into mass production, with a speed of16,000 to 20,000 revolutions per minute，balancing efficiency, noise, strength, and lifespan, reaching the global top level.” Wu Duobing told Xiaob, thanks to this flagship product, Juyue also receivedthe favor of 6 Fortune 500 companies，winning multiple large orders. In 2024, the output value doubledmore thanbefore. The word “dare” helped Juyue leap forward, rising from outside the top ten in the industry to the forefront.
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No.10, Jintang North Road, East New District, Wenling City, Taizhou City, Zhejiang Province
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