History

1984: Ningbo Yin County Tinplate Co.,LTDfounded (The formername of RiyueHeavy Industry Co.Ltd).

1989: Successively developed the nodularcast iron series products，Cylindercover for dieselengine machine.

1991: The expansion of the clay sand castingworkshop,the annual productioncapacity of 10,000 tons.

1996: Anew annual production capacity of50,000 tons ofresin sand casting production workshop.

1997: The new resin sand large workshop.; To develop large-scale injection molding machine platens，the biggest nodular cast iron crankshaft of diesel enginein the world and series of resistance to high pressure casting products.

1998: New production capacity of 10,000 tonsof large resin sand workshop.; Passed theISO9001.; Certified by CCS.

2000: New super large resin sand workshopthe workshop can produce amaxpiece weight of 75 tductile ironcastings,annual production capacity of 20,000 tons.; The resin sand of migration to buildsmall workshop, theworkshopannualproduction capacity of 30,000 tons.

2001: Anew phase of the tooling/mouldstorage workshop with area of morethan 8,600 square meters.

2002: Honoredas Ningbohigh-techenterprise.; Provincial enterprise technology centerset up.

2003: Honored as the provincial high-tech enterprises.; "Heavy section ductile iron castings" included in thenational torch plan project.; Identified as National-level high-tech enterprise.

2005: The expansion of the large workshop,new production capacity of 30,000 tons, with the capacity of max piece weight of 160 tons for ductile iron castings.

2006: Annual output reached 100,000 tons.; Safety Honored as production standardizationenterprise in zhejiang province.; Passed ISO14001.

2007: Achieve output of 127,000 tons, sales of 1.59 billion RMB.; Start to build new start to build subsidiary (Ningbo Rixin9foundry), with the capacity of 50,000 tons for first stage.

2009: The national machinery industry advanced collective.; Safety quality standardization (country) level 2 enterprise.; Established the physical and chemical testing center at the provincial level.

2010: Established the physical and chemical testing center at the provincial level.; Elected as the vice President of China Foundry Association unit.

2012: Honored as the Level 1 of Safety production standardization (country) enterprise.; China green foundry demonstration enterprise.; Honored as The green and low carbon economic model enterprise in the 3rd competition of zhejiang province.; Passed OHSMS18001.; Second stage of Rixing foundry built, the production capacity of 100,000 tons.; Planning and constructing of Rixing foundry machining base.

2015: A new Rixing foundry machining base with area of 187,000 square meters.

2016: Successfully listed in Shanghai stock exchange A shares,stock code 603218.; A new marine engineering products center with areea of 28,000 square meter,annual production capacity of 30,000 tons.

2018: A new digital factory(New Rixing) for key components of marine equipment, with annual production capacity of 180,000 tons.; Approved "National Enterprise Technical Center".; Won the honor of "Green Enterprise" of the MIIT.

2020: Three big platens were successfully poured for Ningbo Haitian model HDC8000 die-casting machine. The maximum single weight is around 140 tonnage.

2021: The Precision Manufacturing Division officially started operation in January 2021, with a designed production capacity of 50,000 tons per year of key high-end alloy steel products , solving the problem of key parts being manipulated in major equipment and realizing domestic substitution.

2022: The 100-ton ductile iron spent fuel transport container was successfully developed, which is unprecedented in China, and passed the "domestic first set" approval.; Riyue Heavy Industry (Gansu) Co.,Ltd, which is for producing big casting and final machining for wind turbines was founded. Phase I was already successfully put into production. When Phase II is put into use, it will reach a yearly 200,000T capacity for big casting as well as final machining.; Ningbo RiYi Intelligent Equipment Co., Ltd. was established, with an annual output of 200,000 tons of nuclear power equipment and high-end mechanical equipment processing and assembly projects, covering an area of 106,937 square meters.; YueZi (Ningbo) Technology Co., Ltd. was established, with an annual output of 100 sets of gas turbines and rocket engines, covering an area of 58,273 square meters.

2023: The 189 Mu division was established, with an annual output of 132,000 tons, dedicated to producing large offshore wind power ductile iron parts.; The world's largest on-shore wind turbine gearbox 11MW casting was successfully developed and mass-produced.

2024: The increasing production of projects marks the company's annual precision processing capacity exceeding 600000 tons.