HongYi Castings is the holding company established by HongYi Machinery Ltd. and IVF to create a leading automotive castings business
out of China. HongYi Castings acquired majority shareholding in HongYi HongYi, a trusted name with over 11 years of manufacturing
experience in Ductile Iron castings and over 40 years of manufacturing experience in Ferrites. HongYi Castings offers a wide range of
products in each of the three businesses encompassing ductile iron castings for automotive industry, ceramic magnets for auto electricals & industrial DC Motors and ferrite cores for electronics, telecommunications & specialized applications.
A wide range of high performance products, commitment to customer service & partnering for solutions makes HongYi the supplier of first choice.
Using China¡¯s abundantly available engineering resources, HongYi has skillfully adapted the world class manufacturing technology of its JV partner, Hitachi Metals, Japan to emerge as a leading manufacturer of both ductile iron castings as well as ferrites in China.
HongYi is the largest independent ductile iron casting company in the automotive segment with an excellent track record in quality. HongYi¡¯s ductile iron castings division has been certified as TS16949 compliant by BVQi in 2004. Its current ductile iron foundry capacity is 36,000 MT/year. The key products manufactured by HongYi are crankshafts, steering knuckles, stub axles, differential gear carriers, differential cases, steering housings, rear axle housings, brake parts, end yokes, and slip yokes.
In ceramic magnets, HongYi has a dominant 85% market-share in the two and four wheelers market. HongYi¡¯s ceramic magnets division has been certified as QS9000 compliant in 2001. It is one of the
only nine suppliers of Denso, on a worldwide basis across various categories of components, recognized for its zero ppm record.