Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Chongqing Wangbian Electric (Group) Co., Ltd. (hereinafter referred to as "the Company" or "the Company") was registered and established on August 16, 1994 in Changshou County, Chongqing, with the legal representative Yang Zemin. Chongqing Huize Electrical Appliances Co., Ltd., a wholly-owned subsidiary under its jurisdiction, holds a controlling stake in Qiannan Wangjiang Transformer Co., Ltd. and participates in Chongqing Energy Investment Changshou Economic Development Zone Power Sales Co., Ltd. It was listed on the main board of the Shanghai Stock Exchange on April 28, 2022, with the stock abbreviation "Wangbian Electric" and the code "603191". The company is located in Changshou Economic and Technological Development Zone (Chongqing), a national level economic and technological development zone. As of December 31, 2021, it has assets of approximately 2.236 billion yuan. We mainly produce two categories of products: transmission, distribution, and control equipment, as well as oriented silicon steel. We have formed an integrated industrial chain from oriented silicon steel to transformers and then to box type substations and complete electrical equipment. The power transmission, distribution and control equipment mainly includes 110KV and below power transformers, box type substations, and complete sets of electrical equipment, which are widely used in fields such as rail transit, wind power generation, photovoltaic power generation, data centers, energy conservation and environmental protection. Silicon steel products mainly include high magnetic induction oriented silicon steel (HiB) and general oriented silicon steel (CGO), with an annual output of over 100000 tons, ranking fourth in the country and second in private enterprises. The product performance is leading in the country, filling the gap in the production of oriented silicon steel in the southwest region. The company adheres to the vision of "forging a brand, creating an industry pioneer, and becoming a century old enterprise", gathers a group of domestic and foreign scientific researchers, builds a postdoctoral research workstation, and masters multiple core patented technologies such as "double split rectifier transformer", "arc suppression grounding complete set device", "silicon steel sheet stitching device", and "thick wall sleeve for silicon steel cold rolling". It has developed multiple new technologies, processes, and products. It has been successively rated as a national level specialized, refined, and innovative "Little Giant" enterprise, a small and medium-sized enterprise in Chongqing, a national intellectual property advantage enterprise, a Chongqing technological innovation demonstration enterprise, and a high-tech enterprise in Chongqing. Received multiple honors such as the Hidden Champion of Small and Medium Enterprises in Chongqing and the Chongqing Certified Enterprise Technology Center. The company adheres to the service mission of "unconditional service, endless pursuit, and optimal cost-effectiveness", has deeply cultivated and led the industry for nearly 30 years, accumulated a wide customer base in the industry, and established a sales regional layout with Chongqing, Sichuan, Guizhou, Yunnan and other southwestern regions as the core, and combined with rapid growth regions such as Central China and South China. Silicon steel products are exported to Singapore, India, Malaysia, Türkiye and other overseas markets. The company will adhere to the core values of "loyalty, responsibility, innovation, and efficiency", focusing on the exploration and coordinated development of "oriented silicon steel, power transmission and distribution, and control equipment". We will firmly rely on technological research and development, talent competition, brand development, and international operation to achieve innovative and green development of the enterprise, and strive to build the company into an international first-class integrated enterprise for the research and development, production, and sales of electrical steel materials and intelligent electrical equipment, We will firmly embark on the new journey of "building a billion dollar enterprise, ranking among the top 100, and building a century long hope for change", and make contributions to the development of the industry and the progress of humanity!.
Headquarter Chongqing
Establish Date 8/16/1994
Listed Code 603191.SH
Listed Date 4/28/2022
Chairman Yang Zemin.
CEO Yang Zemin.
Website www.cqwjbyq.com

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