Wolong Electric Group Co., Ltd., one of the top ten brands of motors, was founded in 1998, a famous trademark in Zhejiang Province, covering three major product chains of motor and control/power transmission and transformation/power supply battery
Founded in 1998 and listed on the Shanghai Stock Exchange in June 2002, Wolong Electric Group Co., Ltd. has 20 first-class subsidiaries, more than 15,000 employees, total assets of 14.065 billion yuan and annual sales of 9.474 billion yuan in 2015.
The company integrates three major product chains of motor and control, power transmission and transformation, and power supply battery, and its products cover more than 3,000 varieties in 40 series, including various micro motors and controls, low-voltage motors and controls, high-voltage motors and controls, power batteries and transmission equipment, etc., and the leading products lead the international and domestic mainstream markets and support many national key projects, and various economic indicators have ranked first in domestic counterparts for many years. Production bases are located in Shangyu, Shaoxing, Hangzhou, Shanghai, Huai'an, Beijing, Yinchuan, Wuhan, Jinan, Qingdao, Yantai, Wuhu, Nanyang and Chenzhou in China; Nüstnau, Spielberg, Austria; Birmingham, Huddersfield, Norwich, Leeds, UK; Nordenheim, Borussia Mönchengladbach, Welzheim, Germany; Bor, Subotica, Serbia; Tarnów, Poland; Modena, Italy. The company has three research institutes for motor and drive control technology in Hangzhou, Osaka, Japan and Eindhoven, the Netherlands. It is a national key high-tech enterprise, with a postdoctoral research station and a national key laboratory, and has established a provincial electrical research institute and a national enterprise technology center. The company has established a comprehensive and information-based efficient management and operation system, applied modern management systems such as OA, ERP, PLM, CRM, etc., and established a standardized corporate governance structure and modern enterprise management system.
During the 13th Five-Year Plan period, Wolong Electric will accelerate the transformation and upgrading of the industry, enhance the scale efficiency of the industry, comprehensively enhance the comprehensive competitiveness and sustainable development ability of the enterprise, form a high-tech, high-growth and high-efficiency multinational enterprise group business pattern with market internationalization, high-end industry and modern management, and strive to become a leading enterprise with leading core technology, advanced enterprise management, lean product manufacturing, unified market system and integrated system services, and excellent competitiveness and service capabilities in the global motor industry and market.
