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 | Qingdao Weiao Rail Co., Ltd. (referred to as Weiao Co., Ltd.), formerly known as Qingdao Weiao Rail Decoration Materials Manufacturing Co., Ltd., was established in 2007. It is located in the coastal city of Qingdao, known as the "Sailing Capital of the World" with "red tiles, green trees, blue sea and blue sky". Its main products include interior decoration products, bathroom systems, metal structural components Modular products and exterior structural components are leading enterprises in the field of high-speed train supporting product design, research and development, production, and comprehensive supporting capabilities. Since its establishment, Weiao Co., Ltd. has adhered to the principle of winning with quality, pursuing a professional and international development path, and taking striving for international first-class and building a world brand as its own responsibility. The company strives for excellence, reform and innovation, and exploration and progress. After years of hard work, it has achieved remarkable results. Weiao Co., Ltd. currently has 20 subsidiaries under its jurisdiction, including Qingdao Luomei Weiao New Materials Manufacturing Co., Ltd., Qingdao Keda Intelligent Electrical Co., Ltd., Tangshan Weiao Rail Transit Equipment Co., Ltd., Changchun Weiao Rail Transit Technology Co., Ltd., MANTECHCORPORATIONLINITED, Qingdao Weiao Precision Mold Co., Ltd., Weiao Rail Transit Vibration and Noise Reduction Technology (Qingdao) Co., Ltd Qingdao Weiao Times Intelligent Equipment Co., Ltd., Chengdu Weiao Rail Technology Co., Ltd., Chengdu Weiao Tongtong Technology Co., Ltd., Dana Weiao Gangway System (Changchun) Co., Ltd., Dana Weiao Gangway System (Qingdao) Co., Ltd., VICTALLHOLDINGGmbH (German Weiao), VictallUSAinc (Vio, USA), TransportVictallCanada Inc (Canada Weiao), Shenzhen Weiao Intelligent Electronics Co., Ltd., Tangshan Fengyu Rail Transit Equipment Co., Ltd., Shanghai Weiao Yuehe Rail Equipment Co., Ltd., and Shanghai Weiao Yimo Health Technology Co., Ltd; 1 joint venture company, Weiao Xinlong Profile Bending (Qingdao) Co., Ltd; One affiliated company, IFE Weiao Rail Vehicle Door System (Qingdao) Co., Ltd. The company's main products include five categories of rail vehicle supporting products, including interior decoration products, vacuum toilet systems, metal structural components, modular products, and exterior structural components, covering passenger compartment/driver's interior decoration, exterior decoration parts, front end, bathroom, air duct system, kitchen system, front end opening and closing mechanism system, gangway system, lighting system, luggage rack, subway folding seat, driver's cab sunshade, driver's cab rear wall and door VIP side cabinets, BC type components, and other segmented products almost cover the vast majority of categories of rail transit vehicle interior supporting products, which can meet the "one-stop" procurement needs of downstream customers for supporting products. The company is one of the most abundant enterprises in China's high-speed train vehicle supporting product line. The company has advanced processing and testing equipment both domestically and internationally, including 3D laser cutting machines, CNC high-speed punches, automatic welding robots, coordinate measuring instruments, multi-layer hot press machines, water cutting machines, and large-scale spray assembly line equipment, which can provide sufficient guarantee for product production and quality testing. According to the differences in product types and process characteristics, the company conducts specialized production by each branch and subsidiary. One branch has a composite bonding production line, a bathroom assembly and debugging workshop, an air duct assembly workshop, and a partition assembly workshop that mainly produces adhesive composite and modular products; The second branch factory has a machining workshop that mainly produces metal parts, a stainless steel welding production line, an aluminum alloy welding production line, a carbon steel welding production line, a robot welding line, an opening and closing mechanism assembly and debugging workshop, and a water tank assembly and debugging workshop; The subsidiary Romeweo has SMC molding production workshops, hand layup workshops, bonding workshops, polishing workshops, painting workshops, assembly workshops, tooling and mold workshops, which mainly produce composite materials. It can meet the needs of vehicle factories for centralized and integrated supporting services. The company has an experienced professional technical research and development team, strong design and development capabilities, and packaging service capabilities for supporting products of high-speed trains and urban rail vehicles from product design, production manufacturing, batch delivery to product after-sales service. It can provide customers with complete solutions throughout the entire product lifecycle. In the rail transit vehicle manufacturing industry, for the convenience of management, vehicle manufacturers are more inclined towards suppliers with rich product lines, strong overall supply capacity, and strong design capabilities, which will enable the company to occupy an advantageous position in future competition.The company's R&D center has capabilities in industrial design, mechanical design, electrical design (including lighting system design), and overall integrated design; Simultaneously possessing reliability verification methods such as CAE virtual simulation verification and prototype test verification; Possess professional process implementation capabilities and prototype vehicle design and manufacturing capabilities. It can meet the needs of customers for the full process design, development, and verification of products, greatly shortening the R&D cycle from design to mass production. Due to the complex operating environment of rail transit vehicles, rail transit vehicle manufacturers often have diverse and personalized demands for supporting products. This requires supporting product suppliers to have the ability to quickly provide design solutions for supporting products based on different vehicle models and specific parameters, and to timely revise and improve design solutions based on customer feedback, in order to ultimately achieve product trial production Scale production and timely supply. The company is a national high-tech enterprise with strong design and research and development capabilities, including the National Industrial Design Center, National Enterprise Technology Center, Shandong Rail Vehicle Reliability Engineering Laboratory, Qingdao Rail Vehicle Vibration and Noise Reduction Expert Workstation, Qingdao Postdoctoral Innovation Practice Base, and Qingdao High Speed Train Passenger Room Comprehensive Intelligent Facility Technology Innovation Center. At present, the company has mastered multiple key technologies that are leading in the industry, including the driver's cab sunshade of high-speed trains, front-end opening and closing mechanisms, intelligent electric flipping seat systems, lightweight carbon fiber paper honeycomb composite panels, low noise air duct air distribution and silencing systems, intelligent loading systems for freight and sports trains, lightweight high flame retardant composite material sheets, and so on. In the development process of the company, we have created an experienced professional technical research and development team, utilizing our own technological advantages. By continuously conducting advanced research and development with customers, collaborating on research and development, and continuously improving our technical level, we ensure that our products and technologies have a first mover advantage in the competition process, and expand the gap with competitors. This lays the foundation for continued signing of business orders and increases customer stickiness. Since its establishment, the company has adhered to the value concept of "integrity and dedication, customer first, team cooperation, and seeking truth and innovation". With standardized management, excellent technical strength, reliable product quality, timely delivery ability, and a comprehensive after-sales service system, it has formed a mature and stable customer group. In the domestic market, the company has established stable cooperative relationships with major vehicle manufacturing enterprises under CRRC, such as Changchun Bus, Tangshan Bus, and Qingdao Sifang, and has been awarded the title of "Excellent Supplier" by customers multiple times. In the international market, the company has become a supporting product supplier for well-known foreign high-speed train manufacturers such as Bombardier, Siemens, and Alstom, and has reached strategic cooperation agreements with Siemens and Bombardier, becoming their global strategic partners. Suppliers of supporting products for rail transit vehicles not only need to meet the relevant domestic production qualification certification, but also need to meet some international industry standard certifications. For example, in order for Chinese rail transit vehicle enterprises to better align with international standards, passing the European EN15085 welding system certification and the German DIN6701 bonding qualification certification is a prerequisite for rail transit vehicle supporting product manufacturing enterprises, becoming a mandatory certification requirement for Chinese rail transit vehicle supporting related enterprises. To ensure high-quality, high standard, and high safety in providing customers with world-class products and supporting services, the company has built a management platform with its own characteristics based on international standards, and has passed the European railway industry IRIS certification and ISO9001 quality management system certification. In the field of professional technology, the company has successively passed the European EN15085 welding system certification, German DIN6701 bonding qualification certification, international welding quality system ISO3834 certification, American AWS welding process certification, China National Accreditation Service (CNAS) laboratory accreditation certificate, etc. The qualification access advantage in the market of rail transit vehicle supporting products has laid a solid foundation for the company to further expand its market share of supporting products while maintaining its industry-leading advantage. In order to ensure the safe operation of rail transit vehicles, downstream vehicle manufacturers have very high requirements for the reliability of supporting products. They not only require suppliers of supporting products to have excellent product manufacturing processes and high product quality testing levels, but also to have fast and high-quality after-sales service capabilities and sufficient spare parts supply capabilities. The company has established after-sales service centers and established a comprehensive service network worldwide. Among them, there are more than 20 service centers in China, located in Beijing, Shanghai, Tangshan, Changchun, Guangzhou, Nanjing, Hangzhou, etc; Overseas, there are service centers such as Berlin, Crayfield, Vienna, and Montreal.The global after-sales service layout can quickly and effectively provide customers with one-stop services, achieving timely response and rapid resolution of customer needs. In 2022, the national "14th Five Year Plan" and the 2035 long-term goal outline emphasize that ensuring people's health is a strategic priority for development, adhering to the principle of prevention first, deeply implementing the Healthy China Action, and comprehensively promoting the construction of a Healthy China. This marks a rapid transformation of the health industry pattern centered on "treatment" towards a big health industry model based on "prevention, treatment, and maintenance", and new development opportunities are ushered in for big health industries such as healthcare and wellness. The company has successfully launched a series of oxygen rich health cabin products based on its own technological advantages and industrial environment, helping to establish the local health industry chain and industry ecology. Weiao Group has always been committed to achieving returns to society, shareholders, customers, and employees. With the continuous development of global rail transit, Weiao people will uphold Weiao Tese's corporate cultural values, explore and innovate, strive for progress, and achieve win-win development with domestic and foreign customers. |
Headquarter | Qingdao |
Establish Date | 10/8/2007 |
Listed Code | 605001.SH |
Listed Date | 5/22/2020 |
Chairman | Sun Hanben. |
CEO | Sun Jilong. |
Website | www.victall.com |
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