Zhejiang Wanfeng Auto Wheel Co., Ltd.

Zhejiang Wanfeng Auto Wheel Co., Ltd. is an international conglomerate specializing in advanced manufacturing within the transportation sector. Established over 20 years ago and listed on the Shenzhen Stock Exchange in 2006, the company operates under a "dual-engine" growth strategy that focuses on the lightweight metal industry for auto parts and the innovative manufacturing of general aviation aircraft. The company primarily engages in two business sectors: the lightweight metal auto parts sector, which produces aluminum and magnesium alloy components for renowned automakers and emerging new energy vehicle manufacturers, and the general aviation aircraft manufacturing sector, which encompasses R&D, design, and production. With a global footprint that includes manufacturing bases and R&D centers across ten countries, Wanfeng Auto Wheel has established itself as a leader in both lightweight magnesium alloy parts and aluminum alloy wheels. Its subsidiary, Diamond Aircraft, enhances its market position in general aviation with advanced technologies and a diverse customer base spanning Europe, North America, Asia Pacific, and the Middle East.

1.Global leader advantage driven by "Dual-engine" growth strategy Meridian, a subsidiary of the Company's automotive lightweight metal parts industry is a global leading supplier of magnesium alloy parts, with world-leading technologies in magnesium alloy application design and development. The Company also leads in the manufacturing scale of lightweight aluminum alloy wheels in the world.The Company's innovative manufacturing industry of general aviation aircraft has won a leading market position and advantage in the world with good product cost performance and full life-cycle services; Its Diamond Aircraft Company has obvious technological competitive advantages in engine manufacturing technology, new material technology and advanced manufacturing, with customers in Europe, North America, Asia Pacific and the Middle East. 2.Top-notch brand and customer advantage The lightweight magnesium/aluminum alloy business of automotive metal components has fully entered the supply chain system of core strategic customers, serving world-renowned OEMs, providing long-term bulk supply of components for top international automotive companies, and serving the rising new energy vehicle manufacturing forces. In terms of motorcycle aluminum alloy wheels business, the Company has established a global customer base with "Honda and Yamaha" as strategic partners, Dachangjiang, Suzuki and HERO as major customers complemented by BMW, Harley-Davidson and Ducati in the premium market. Diamond Aircraft's customers include flight schools, airlines, aviation clubs and private consumers, and it has a strong brand influence worldwide. 3.Global scale production advantage The Company has established manufacturing bases and R&D centers in 10 countries worldwide and has established 14 production bases in six provinces and cities in China to provide strong technical support and after-sales services, achieving complementary advantages, resource sharing, and interactive development. Meanwhile, the Company promoted the production transformation and upgrading, as well as improved production efficiency, through digital transformation and the construction of a smart factory. 4.R&D technological advantage The Company has a global R&D center for lightweight magnesium alloy in Canada, as well as aircraft R&D centers in Austria, Canada and Czech. The Company is one of the member to be authorized in drafting and revising national and international standards of magnesium and aluminum alloy. The Company’s core technologies include aluminum alloy low pressure casting, magnesium alloy material-structure-process integration design, magnesium alloy large thin-walled parts with high pressure casting molding, and carbon fiber full body molding. The Company’s subsidiary Wanfeng Diamond Aircraft reserves a large number of general aviation R&D and design talents, and has a large number of general aircraft R&D and manufacturing capabilities featuring overall aircraft, aeroengines, and composite materials. It is actively promoting the design and development of pure electric aircraft and eVTOL. 5.International management advantage The Company has successfully explored its own path of international management, from serving international customers in the early stages to subsequent cross-border M&A and integration. Through the collaborative efforts of the international and original management teams, the Company has successfully integrated its Wanfeng culture and philosophy with the local culture, which has lead to the development of the enterprise. By leveraging the advantages of intensive management, cost control measures and safe quality management systems, the Company has enhanced the construction of international and professional team. Meanwhile, the Company provides competitive remuneration and benefits for key personnel, and facilitates collaborative exchanges between renowned management teams and R&D personnel from both domestic and oversea departments.