Wencan Group Co.,Ltd.
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 | Wen Can Group Co., Ltd. is a listed company on the Shanghai Stock Exchange (securities code: 603348), established in 1998 and headquartered in Lishui Town, Nanhai District. In 2020, it completed the acquisition of French Bailian Group and has 17 production bases in Nantong, Wuxi, Tianjin, Dalian, Wuhan, Mexico, Hungary, Serbia, France, and other places, The total floor area exceeds 830000 square meters (including 490000 square meters in Chinese Mainland and 340000 square meters overseas). In 2021, Wen Can Group's total domestic and international sales revenue exceeded 4.1 billion yuan, with a total domestic and international tax payment of over 160 million yuan. In the first quarter of 2022, the total domestic and international sales revenue exceeded 1.2 billion yuan, with a total domestic and international tax payment of 44 million yuan. It is expected to generate a sales revenue of 10 billion yuan in five years, and is currently one of the leading automotive aluminum alloy casting research and development and manufacturing enterprises in China. Wen Can Group integrates high-pressure casting, low-pressure casting, and gravity casting processes, mainly engaged in the research and development, production, and sales of automotive aluminum alloy precision casting products. It is committed to providing lightweight and high safety products to global automotive customers, mainly used in the engine system, transmission system, chassis system, braking system, body structure field, and other automotive components of traditional fuel vehicles and new energy vehicles. Wen Can Group is the first enterprise in China to launch the research and development of the international cutting-edge technology and product "high-strength aluminum alloy body structure die casting" for new energy vehicles. It is the first enterprise to achieve large-scale mass production of this type of product. The large-scale integrated structural components are further integrated in the field of original body structural components, and at the same time, they are developed and trial-produced on the first trial production of the semi panel rear floor project, which was successfully trial-produced in November 2021. This project is a success, This marks that Wen Can Group is the first enterprise to obtain customer designated production projects and complete trial molds in the field of large-scale integrated structural components. It also indicates that the company has accumulated rich experience in equipment customization and development, material research and development, mold design, process design, and application. At present, the company has the largest tonnage of 9000T die-casting machine for global production of automotive parts products, laying a leading technological and production advantage for the company. The complete process capability, first-mover advantage of body structural components, and global production base enable Wen Can Group to provide diversified product solutions for global customers. The company's main customers include well-known domestic and foreign vehicle manufacturers such as Volkswagen, Mercedes Benz, Tesla, NIO, Xiaopeng, GAC New Energy, Ideal, BYD, Geely, Great Wall Motors, as well as globally renowned first tier automotive component suppliers such as ZF, BOSCH, and Continental. Wen Can Group has successively served as the vice president unit of the China Foundry Association, the president unit of the China Die Casting Branch, and the president unit of the Guangdong Foundry Association. It has been selected as the invisible champion enterprise of Guangdong Province, the Chinese green casting enterprise, and the top 100 comprehensive enterprises in the Chinese casting industry, among other honorary titles. |
| Headquarter | Foshan |
| Establish Date | 9/4/1998 |
| Listed Code | 603348.SH |
| Listed Date | 4/26/2018 |
| Chairman | Tang Jiexiong. |
| CEO | Tang Jiexiong. |
| Website | www.wencan.com |
Buy Premium Now
$15/month billed now
View the full stack of insights immediately
Or 7 Days Free Charge for Trial
See feature available in the Trial and Premium
See our Solution and Servicetrial.solutionservice.trial
See our Uniquness and Value deliveringtrial.solutionservice.trial
