Shanghai Machine Tool Casting Plant No. 1 (Suzhou) Co., Ltd. is a limited liability company jointly established on August 5, 2009, by the three shareholders of Shanghai Hongsheng Steel Technology Co., Ltd., Shanghai Hesheng Industrial Co., Ltd., and Shanghai Hongda Ball Iron Casting Co., Ltd., and is a joint venture between Taiwan, Hong Kong, Macau, and mainland China. The company has a registered capital of 23.54 million USD and a total investment of 280 million RMB. The company covers an area of 150 mu and is located in the Fenhu Economic Development Zone of Wujiang, Suzhou.

The company was relocated from the well-known state-owned enterprise Shanghai Machine Tool Casting No. 1 from Songjiang, Shanghai, to Fenhu, Wujiang. It can produce various grades of gray cast iron, ductile iron, wear-resistant cast iron, and high-strength alloy cast iron. Alliance enterprises under the company's investors can also produce various types of non-ferrous castings and stainless steel castings. Mainly producing supporting castings for industries such as machine tools, shipbuilding, and automotive.

The company's annual designed production capacity is 30,000 tons; It has its own sales window———— Shanghai Casting & Sales Co., Ltd.; The company has established a R&D center and a testing center, focusing on developing new materials, processes, and technologies in the domestic and international foundry fields. Through ISO9001 quality system and certification from multiple international classification societies, the company ensures the provision of high-quality products to users.

The company's investors own: high-quality casting pig iron ore sources and production bases; Production capacity for batch precision casting and die casting; Advanced machining equipment and testing methods; It can provide users with comprehensive product support services.