The effects of aging temperature on shape memory effect, mechanical properties and microstruc- ture of Fe-14Mn-5Si-8Cr-4Ni-0.2C shape memory alloy have been studied. The results showed that the second phase particles rich in chromium. manganese and silicon precipitate during aging. and thereby increase the hardness and strength of the alloy. The shape recovery ratio can be remarkably improved by aging and a maximum value can be obtained at 1223K, which is 68% higher than that of the specimen in solid solution state. When the aging temperature is below 1223 K, the amount of second phase particles increases as the aging temperature increases. The size of austenite grain increases with increasing aging temperature. When the temperature is over 1223 K, the second phase particles can not precipitate. The lack of second phase particles and the increase of grain size make the hardness and shape recovery ratio drastically decrease, when the temperature is over 1223 K.
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