Company Profile

WOLONG ELECTRIC GROUP CO.,LTD.

  • Main Products:

    Motorcycle and Parts,Power Generating Equipment,Electric Machine,Bicycle and Parts

  • Location:

    SHANGYU ECONOMICAL DEVELOPMENT ZONE, ZHEJIANG PROVINCE

Introduction

Founded in 1984, and through almost 30 years’ development, Wolong Holding Group has become a comprehensive multinational corporation group mainly engaged in electrical manufacturing, real estate development and financial investment. Holding RMB 15 billion assets and RMB 13 billion of annual sales volume, Wolong now has 4 listed companies: Wolong Electric(600580SH), Wolong Real Estate(600173SH), Wolong ATB(000061783AT) and Wolong-LJ(LIJ0. SI) , as well as 44 holding subsidiaries and more than 11000 staff.

 

   Wolong industry covers more than 40 series and 3000 specifications of products manufacturing and service providing, including motors and controlling systems, transformers and complete sets of electric transmission and transformation project, battery and power supply, as well as driving and controlling systems of electric vehicle, etc. Attracting high quality clients such as Global 500 companies, Wolong products are widely applied to the fields of industrial automation, home appliance, electric railway (metro and intercity railway) project, power supply project, nuclear power engineering, oil extraction and refining project, environmental engineering, mineral engineering and vessel engineering. The leading products share more than 20% of the domestic market. Meanwhile, through the acquisition of ATB Austria Antriebstechnik AG, Wolong has enjoyed the equal popularity as Siemens and ABB as the third biggest manufacturer and servicer of electrical products in the European market. Two manufacturing bases are formed, not only domestic (Shangyu, Shaoxing, Hangzhou, Shanghai, Beijing, Yinchuan, Wuhan, Yantai and Wuhu) , but also international (Spielberg and Lustenau in Austria; Birmingham, Huddersfield, Norwich and Leeds in UK; Nordenham, Monchengladbach and Welzheim in Germany; Bor and Subotica in Serbia; Tarnow in Poland). As the national key high-tech enterprise, postdoctoral R&D station, national key laboratories, state-level enterprise technical centers and provincial electric research institute are established below Wolong Electric Group. Wolong low-power motors are reputed as Chinese famous brand, and the trademark of “Wolong” is ratified as a famous trademark of China by SAIC (State Administration of Industry and Commerce).

 

  Wolong Real Estate has the first national class of real estate development qualification. During the past 16 years, following the idea of “Create perfect real estate and achieve wonderful life”, basing on second and third tier cities, Wolong Real Estate wins the widespread affirmation and praise throughout market by successively developing “Wolong Vanilla Sky Villes”, “Wolong Vanilla Garden”, “Wolong Golden Lake Bay”, “Qingyuan Yiwu Trade City”, “Wolong Cambridge Spring”, “Wolong Green Landscape” and other large-scale premises spreading over Wuhan, Yinchuan, Shaoxing, Qingyuan, Shengzhou and Shangyu. Backed by strong solidarity of the company, abundant talents, superior technology and good market reputation, Wolong Real Estate plans to build a national wide brand as the most influential real estate company in the next five years.

 

Wolong Financial Investment is blooming rapidly. Through successful operation, Shangyu Xinrong Small Credit Co,. Ltd. and Zhejiang Wolong Venture Capital Co,. Ltd. are the two most influential civil investment organizations in Shaoxing district. Wolong’s shares in CMBC(China Minsheng Banking Corp), Bank of Fushun, Bank of Shaoxing and other large financial companies both national and regional, all have favorable gains. Wolong has initiated the first private equity fund, and the Wolong Holding Group financial company is about to be set up.

         Wolong sets the goal of become “Eastern Siemens” in its unremitting efforts. During the period of "Twelve Five", by accelerating industry transformation, updating and improving industry scale effect and enhancing global comprehensive competitiveness and sustainable development capability, Wolong endeavors to achieve the global sales volume of RMB 26 billion and the market value of RMB 50 billion for listed companies. Featuring “capital diversification, three industries developed simultaneously, multinational operation, modernization management and sustainable efficiency”, Wolong will be built into a comprehensive multinational enterprise of leading position in global electric industry.

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