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Xi'an Triangle Defense
Specializes in military forging, operating research centers and recognized as a high-tech and military-civilian integration demonstration enterprise
About Xi'an Triangle Defense
Xi'an Triangle Defense Co., Ltd. (SHE:300775) is a publicly traded entity specializing in the research, development, production, and sales of forgings for the aerospace, aviation, and shipbuilding industries. Established on August 5, 2002, the company operates as a joint-stock military forging enterprise, blending state-owned and private capital. A significant milestone in its history was its listing on the Growth Enterprise Market (GEM) of the Shenzhen Stock Exchange in May 2019.
The company's business model is centered on manufacturing and supplying critical components for major transportation and defense equipment. Its primary products are special alloy forgings, which include die and free forgings. These components are essential for manufacturing aircraft fuselage structural parts, landing gear systems, and engine discs. The product line extends to engine blades, compressor journals, turbine shafts, cases, rings, and drums for both the Chinese domestic market and international clients. Xi'an Triangle Defense generates revenue through the sale and service of these high-specification forged products.
The company is headquartered in Xi'an, Shaanxi Province, a major hub for China's aviation industry. Key figures in the company's leadership include Jianya Yan, who serves as the Chairman, and Yingguang Guo, the General Manager and a core technical professional. The firm's commitment to its sector is demonstrated by its corporate honors, which include certification for its military-grade quality management system. This positions the company as a qualified supplier for demanding applications within the defense and aerospace sectors.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Jan 2023 | $23M | — | Everbright Securities · Shenwan Hongyuan · E&F Private Equity · China Aerospace Investment Holdings | ↗ |
| POST IPO EQUITYOther financing | Sep 2019 | $0 | — | Orient Securities · Huatai Securities | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $218M | 0% | $85M | 39.1% |
| 2025 | $218M | -0.1% | $85M | 39.1% |
| 2024 | $219M | -36.3% | $82M | 37.7% |
| 2023 | $343M | +32.9% | $151M | 44.1% |
| 2022 | $258M | +60.1% | $112M | 43.4% |
| 2021 | $161M | +90.7% | $71M | 43.8% |
| 2020 | $85M | — | $39M | 46% |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
- HCHony Capital
Vangoo Capital- SMShenzhen Ruifeng Xin'an Investment Management
- SMShenzhen Mingsheng Private Equity Fund Management
- XHXi'an Investment Holding
- PCPangu Capital
Series B and later8 investors entered at this stage
- DADingfeng Asset
- WIWen's Investment
Orient Securities
Huatai Securities
Everbright Securities- SHShenwan Hongyuan
- EEE&F Private Equity
- CHChina Aerospace Investment Holdings
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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