Suzhou Wanxiang Technology Co., Ltd.
万祥科技
301180
Shenzhen Stock Exchange
Company Profile
1.Technical and R&D Advantages Since its inception, Wanxiang has consistently adhered to an independently innovation-driven R&D path and regarded technological innovation as one of the crucial elements for strengthening its core competitiveness. After several years of development, the company has accumulated core technologies in various aspects such as the development of high-precision molds, stamping, quick pressing, die cutting, welding, surface treatment, and assembly, shaping a complete processing technique. While constantly enhancing its own processing technology, the company endeavors to optimize the product R&D technology platform, vigorously recruits R&D talents, intensifies the training of R&D talents, and has cultivated a technical R&D team with a rational professional structure, substantial R&D experience, and a complete echelon establishment. It has the capacity to undertake multiple R&D projects simultaneously and can promptly respond to customers' demands for new product R&D and keep pace with the strategic innovation of leading customers. 2.High-quality Customer Resources and Customer Service Capabilities Wanxiang possesses a mature sales and service system, and has established an excellent brand reputation and corporate image within the industry, relying on its integrated manufacturing system, continuous product innovation capacity, rapid response capability and efficient as well as professional service quality. It has gained recognition from top clients across various global fields and accumulated high-quality customer resources. Our company has established long-term and stable cooperation with outstanding terminal brand such as BYD, Apple, Huawei, Microsoft, HP, Dell, Samsung, Lenovo, Meta, etc. In the Apple’s supply chain, our company is one of the major Busbar suppliers for its laptop business, with a solid customer base and industry reputation. Wanxiang's customers are mostly well-known high-tech companies both domestically and internationally, providing significant advantages in customer platform that help the company maintain a good level of income, reduce credit risks, and continuously expand the scope of cooperation. Moreover, the high-quality customers have created a positive demonstration effect, further enhancing the company's reputation, facilitating the enhancement of the company's ability to acquire new customers, and helping the company obtain a bigger share of the market in future competitions. 3.Advanced Automation Level Wanxiang possesses a professional team dedicated to developing automation equipment, providing comprehensive solutions for automation and informatization of company business units. It conducts systematic process management in project development, management, and implementation. Wanxiang continuously assimilates the most advanced technologies both domestically and internationally to enhance market competitiveness, and provides comprehensive services of design, installation, adjustment, and maintenance for business units. By investing in independently developed automation equipment, the company has improved the level of automation in manufacturing, testing, packaging, etc., reduced the quality risks brought by manual operations, effectively saved production costs and formed its own unique advantages. 4.Cost Control Advantages Wanxiang has constructed a relatively complete ERP system and MES system, exerting all-round and entire-process precise control ranging from purchasing management, production management, quality inspection, inventory management, to product delivery and feedback of customer, to ensure the efficient operation of the company. The company adheres to lean management, and establishes cost management and performance evaluation, involving all employees in lean management and concerned about cost reduction and efficiency improvement. At the same time, the company improves product qualification rate and reduces losses caused by defective products through the optimization of production technology and processes, effectively ensuring the company's profit margin.
Full description
Wanxiang Technology Co., Ltd. focuses on two main areas: Consumer Electronics and new Power/Energy Storage. It has strategically positioned its business around the lithium battery industry chain, mainly engaged in the research and development, production, and sales of consumer electronics precision component products and power/energy storage battery precision component products. The company's main products include Consumer Electronics Products and Power/Energy Storage Products, such as TCO, Busbar, Precision structural components, Flexible functional components, Micro lithium-ion batteries, Power/Energy storage battery covers, CCS, Steel cable ties, Soft and hard connections, etc. Wanxiang consistently adheres to independent innovation, closely following industry trends and customer demands, steadily and innovatively advancing towards intelligent, large-scale, and industrialized development on the foundation of existing technologies. With years of market cultivation and experience accumulation, Wanxiang has gradually extended its manufacturing chain, mastering core technologies in various production processes such as mold development, stamping, welding, die-cutting, electroplating, hot pressing, injection molding, etc. Based on a deep understanding of the overall process, Wanxiang independently conducts production process automation development, building a manufacturing system that is comprehensive, collaborative, and versatile, and achieving high-quality and lean production of products. Wanxiang has steadily improved market share and is constantly becoming more competitive. Guided by the "dual carbon" goals, Wanxiang will accelerate the research and deployment of new technologies, further building comprehensive competitive advantages to prepare for the rapid development of the industry.