DeXin Technology Research Report: Leader in Cutting Dies, Embracing the Stack-Cell Wave

（II）A comprehensive after-sales service system, enabling collaborative development and deepening strategic ties with key customers The Company implements a key-account development strategy, achieving full coverage across the midstream and downstream segments of the industrial chain. Its downstream customers primarily include lithium battery equipment manufacturers and lithium battery producers. Installation, commissioning, and subsequent maintenance of cutting dies require high technical expertise; battery equipment manufacturers often lack experience and capability in maintenance and operational commissioning. Consequently, a cooperative model wherein die manufacturers directly engage battery producers has gradually become an industry-wide norm. Since 2018, Zhihong Precision has proactively adjusted its customer structure and intensified market development efforts, successfully expanding its battery producer customer base to over 60 enterprises. The proportion of battery producers among its customers has steadily increased. Simultaneously, the Company has optimized and refined its lithium battery equipment customers, gradually establishing a customer structure centered on leading lithium battery producers, supplemented by large-scale, high-quality lithium battery equipment suppliers. The Company’s existing product portfolio and core technologies fully meet production requirements for all three major end-use lithium battery categories—consumer, power, and energy storage batteries. Adhering to a strategy focused on key accounts and prioritizing high-end applications, the Company—through years of business accumulation and expansion, and by actively participating in industry exhibitions to acquire new customers—has established sound and stable cooperative relationships with numerous leading and well-known enterprises in the lithium battery production and equipment sectors. Its core customers comprehensively cover lithium battery producers and equipment manufacturers across consumer, power, and energy storage battery segments. The Company emphasizes joint product development with customers, strengthening customer loyalty through deep collaboration. Following initial qualification reviews and die validation phases with battery producers, the Company’s products, technologies, and service quality have received strong customer endorsement. Validated dies have now entered continuous, large-scale procurement stages. Moreover, the Company deeply participates in new product development processes of key customers, co-developing dedicated dies for next-generation lithium battery projects featuring novel manufacturing processes. It has become a core supplier of lithium battery cutting dies for major customers, providing integrated die process solutions. Such cooperation is expected to deepen further. The Company possesses robust competitive advantages and is poised to continuously acquire more high-quality customers. Compared with major industry competitors, its core customers—including Contemporary Amperex Technology Co., Limited (CATL), BYD, and Farasis Energy—are large-scale industry leaders enjoying advantageous positions in market competition. Furthermore, the Company’s partnerships with industry leaders generate strong benchmarking and demonstration effects, building favorable brand recognition that supports further customer acquisition and business scale expansion. After-sales service points are strategically located near major customers’ facilities, ensuring prompt response to service demands and enhancing product reliability. In lithium battery production line equipment, cutting dies typically last approximately 10 million cycles; under normal continuous operation, dies require replacement every three months. To ensure uninterrupted production, battery manufacturers commonly maintain one or two sets of backup dies. Given the highly specialized nature of die installation, commissioning, and subsequent maintenance, the Company has strengthened its after-sales service network, establishing service points in Ningde (Fujian), Ganzhou (Jiangxi), Wenzhou (Zhejiang), Zhenjiang and Suzhou (Jiangsu), Chuzhou (Anhui), Tianjin, and Xiangtan (Hunan). This network essentially covers all battery manufacturer customers, enabling timely responses to routine maintenance and after-sales service requests, reducing customer downtime and commissioning costs, and further reinforcing customer loyalty.

Tianjin Automobile Die Co., Ltd. (TAM), Tebis, and Jingpin Machinery Establish Strategic 'Lighthouse Customer' Partnership to Set New Benchmarks for Intelligent Mold Manufacturing!

Recently, the DMC 2026 exhibition opened grandly at the National Exhibition and Convention Center (Shanghai). Themed “Uncovering the Essence of Manufacturing · Transforming the Future of Forming,” this event gathered nearly 600 high-quality domestic and international enterprises, making it Asia’s most influential professional exhibition covering the entire mold industry value chain. As China’s leading enterprise in the automotive mold sector, Tianjin Automobile Die Co., Ltd. (hereinafter referred to as “TAM”) made a prominent appearance at this exhibition, showcasing formidable technological capabilities and industry influence. On the first day of the exhibition, TAM officially signed a tripartite strategic partnership agreement as a ‘Lighthouse Customer’ with Tebis—a global leader in advanced CNC intelligent manufacturing process solution software—and Jingpin Machinery Co., Ltd. (hereinafter referred to as “Jingpin Machinery”). The collaboration focuses on core areas including CAD/CAM manufacturing process optimization, intelligent manufacturing technology application, and knowledge sharing, aiming to establish a benchmark for digital and intelligent transformation within China’s automotive mold industry. Mr. Gao Xianchen, Director and Executive Vice General Manager of TAM Group, stated in his speech that TAM consistently drives industry advancement through technological innovation. With complementary strengths and shared resources among the three parties—and leveraging the innovative platform of the “TAM & Tebis Intelligent Manufacturing Research Institute”—they will jointly overcome technical bottlenecks and accelerate implementation, collectively promoting intelligent upgrading in mold manufacturing. Mr. Julian Odeh (Julian), Managing Director of Tebis China, shared Tebis’s advanced intelligent manufacturing technologies and service philosophy, helping enterprises optimize their CNC manufacturing processes, enhance transparency throughout the manufacturing workflow, and deliver high-quality, sustainable services. With over 40 years of rich R&D and implementation experience in the mold industry, Tebis’s strong partnership with TAM will undoubtedly usher in a new chapter of win-win cooperation. Ms. Lily Yang Dunlian, Chief Operating Officer and Chief Financial Officer of Jingpin Machinery (Hong Kong) Co., Ltd., remarked that Jingpin Machinery, as Tebis’s key service support partner for TAM, has collaborated with TAM for over two decades. Deeply aware of the urgent need for digital transformation in the high-end mold industry, Jingpin Machinery views this upgraded cooperation as a deeper, more integrated alliance. Looking ahead, the three parties anticipate synergistic efforts to advance the digital and intelligent transformation of China’s automotive mold industry.

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