Zhejiang Wanfeng Auto Wheel Co., Ltd.
万丰奥威
002085
Shenzhen Stock Exchange
Company Profile
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.
Full description
Our Company is an international conglomerate dedicated to advanced manufacturing in the field of transportation. Experienced over 20 years, the Company has established a growth strategy propelled by "dual-engine": the lightweight mental industry of auto parts and the innovative manufacturing industry of general aviation aircraft. The Company is mainly engaged in two main sectors of business: the lightweight mental business of auto parts which takes “Aluminum Alloy and Magnesium Alloy”as principal line, and the manufacturing business of general aviation aircraft integrating independent R&D, top-level design, advanced manufacturing, and sales services. 1.Lightweight metal auto parts business Lightweight metal auto products are mainly supplied to renowned automakers and emerging new energy vehicle makers globally as well as customers operating in aerospace, high-speed railway, 5G telecommunication sectors and so on other industrial customers. We have built a global customer layout centered around American, European, Japanese, Korean, well-known domestic OEMs, and mainstream new energy customers. As a global leader in the advanced treatment of lightweight magnesium alloy materials, the Company has an annual output capacity 18 million sets of magnesium alloy products. The company holds strong competitive advantages in product simulation design, mold design, and product die-casting. Moreover, it boasts a comprehensive product portfolio and demonstrates capabilities in designing and manufacturing large-scale integrated magnesium alloy die-cast components. Our main products include powertrain parts, front-end carriers, cross car beams, brackets, rear lift door inner panels etc. With an annual output capacity of more than 42 million sets of premium aluminum alloy wheels, the Company commits to the research and development, manufacturing, sales, and after-sales service of high-end aluminum alloy wheels for automobiles and motorcycles, which has become a global leader in the respective industry segments. Automotive aluminum alloy wheels fully leverage the advantages of lightweight technology application and seize the opportunity of traditional vehicles transition to new energy vehicles to carry out strategic cooperation with mainstream new energy vehicle companies; The corporation will continuously structure the market of motorcycle aluminum alloy wheels based in China but take India as a core, and persistently expend and develop the market from Japan，Southeast Asia and the West Country. In addition, the Company's environmental friendly Dacromet coating has the production and technical application capabilities for the entire industry chain of chromium free coating processing, solution manufacturing, and coating equipment production. With an annual production capacity of over 70,000 tons, it focuses on the coating processing of automotive components and continuously expands into fields such as rail transit, wind power, aerospace, and 5G telecommunication sectors. So far, it can be concluded that the Company has occupied the leading position in the domestic coating industry. 2.General aviation aircraft innovative manufacturing business The innovative manufacturing of general aviation aircraft adopts a cyclic and advanced business model of "R&D authorization, technology transfer, complete machine manufacturing, sales and after-sales service". Its subsidiary Diamond Aircraft has the cutting-edge technologies in Aircraft design and development, engine manufacturing, new materials and advanced manufacturing. There are three design and R&D centers respectively located in the Austria, Canada and the Czech Republic, one provincial engineering center (China) and four manufacturing bases (Austria, Canada, Xinchang and Qingdao in China). Our customers are located in worldwide regions such as Europe, North America, Asia Pacific, and the Middle East.As a global leader in the field of general aviation aircraft with years of experience in the "low-altitude field", the company has increased its research and development of new aircraft such as Fixed-wing all-electric aircraft and eVTOL, and has developed multiple technology roadmaps for product design. It is developing efficient and sustainable new energy power vertical take-off and landing aircraft to open up the global low-altitude market.