Xingxin Aerospace

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Xingxin Aerospace - overview

Established

2003

Location

Hengyang, Hunan, China

Primary Industry

Materials

About

Founded in 2003 and based in Hengyang, China, Xingxin Aerospace operates as a new material developer that develops special purpose high temperature resistant thermal insulation composite materials. It acquired certifications such as ISO9001 and the US UL safety certification. The company has obtained EU ROHS directive standards and high-tech enterprise certification. In March 2025, Hunan Valin Wire&Cable Co.


,Ltd. , a portfolio company of Hunan Xingxiang Investment Holding Group, Xiangtan Industrial Investment Development Group, and other investors, announced to acquire Xingxin Aerospace. The deal was withdrawn in January 2026. The company specializes in the development and production of high-temperature insulating composite materials, primarily designed for aerospace applications.


The core products include specialized composite thermal protection sleeves, alkali-free glass fiber adhesive tapes, thermal protection sleeves for instrument connectors, glass fiber ropes, and high-temperature insulating composite tubes. The products serve the aerospace field, providing support for projects such as the Shenzhou series of spacecraft, the Chang'e series of lunar exploration spacecraft, and the Long March series of launch vehicles.   The company generates revenue by providing high temperature resistant thermal insulation composite materials.   The company plans to expand into international markets, focusing on regions that include Southeast Asia and Europe by the end of 2025.


Primary Industry

Materials

Sub Industries

Advanced Materials

Website

www.xxanm.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Xingxin Aerospace - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)30,119,826.243,766,549.5--------
% Revenue Growth (YoY)-45.3%--------
EBITDA (USD)12,508,557.625,056,616.7--------
Operating Income (USD)10,203,287.322,350,731.2--------
Operating Margin33.9%51.1%--------
% EBITDA Margin41.5%57.3%--------
NET Income (USD)8,693,530.620,012,449.1--------
% Net Margin28.9%45.7%--------
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