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 Yinchuan Power Transmission Technology Co., Ltd. was established in 2003. Its main business is the research and development, production, and sales of wind power specialized reducers. Its main products include wind power yaw reducers and wind power pitch reducers, committed to providing precision transmission solutions for the new energy industry. The company officially landed on the Shenzhen Stock Exchange Growth Enterprise Board on August 9, 2023 (stock abbreviation: Power Transmission, stock code: 300904). There are currently nearly a thousand employees, with one wholly-owned subsidiary - Yinchuan Weima Motor Co., Ltd. and one branch - Yinchuan Weima Transmission Technology Co., Ltd. Shanghai Branch. Power Transmission has been deeply involved in the precision transmission field for 20 years, gathering outstanding talents in the industry, accumulating rich experience and technology. With strong product research and development capabilities, strict quality control system, and stable product quality, it has won the recognition of many high-quality customers and become an important supplier of well-known domestic wind power enterprises such as Goldwind Technology, Dongfang Wind Power, Yuanyuan Energy, Harbin Electric Wind Energy, Yunda Co., Ltd., CRRC Wind Power, Sany Heavy Energy, Mingyang Intelligent, etc, Successfully entered the qualified supplier list of well-known foreign wind power enterprises such as Siemens Gomesa, Adani, Ende, and GE, and established good and stable cooperative relationships with the aforementioned customers. The company has won honors such as the "2020 Excellent Delivery Award" and "Project 21" outstanding supplier from Goldwind Technology, the "Best Delivery Award" from Dongfang Wind Power in 2020, the "Excellent Supplier Quality Case Release Award" from CRRC Wind Power in 2020, and the "Excellent Cooperation Award" in 2022, establishing a high brand awareness in the industry. In 2020, Power Transmission was the second largest in the world, the largest in Asia, and the first 10MW offshore wind turbine in China, known as the "Great Power Heavy Equipment". The yaw drive and pitch reducer were customized to overcome the bottleneck in the development of key core components for the yaw and pitch systems of large-scale offshore wind turbines, filling the gap in high-power offshore wind turbine reducers in China and laying a solid foundation for the company to carry out the development of 10MW+offshore wind turbine components. The company is currently a national high-tech enterprise, an autonomous region specialized and innovative demonstration enterprise, and an autonomous region innovative demonstration enterprise; It has been recognized as the Ningxia Gear Transmission (Yinchuan) Technology Innovation Center, Autonomous Region Enterprise Technology Center, Ningxia Precision Reducer Engineering Technology Research Center, Ningxia Precision Reducer Engineering Research Center, and Ningxia Industrial Design Center; Selected as a national pilot enterprise for the application of intellectual property rights in industrial enterprises, and awarded honorary titles such as "National Pilot Enterprise for the Integration of Industrialization and Industrialization Management System" and "Autonomous Region Industry Leading Demonstration Enterprise"; Passed ISO9001 quality management system certification, ISO14001 environmental management system certification, German Lloyd's Register certification (export), and IATF16949 quality management system certification. The company independently develops various models of wind power yaw reducers and wind power pitch reducers, which are widely used in various power types of onshore and offshore wind turbines ranging from 1MW to 17MW; The product sales have consistently ranked among the top three domestic enterprises for three consecutive years, and the domestic market share has been increasing year by year. Facing the future, Power Transmission will continue to adhere to the corporate spirit of "survival relies on quality, development relies on management, and takeoff relies on innovation", with the goal of creating the most socially responsible industry leader, and rapidly moving towards a global industry leading enterprise! The company is located in the hinterland of the Yinchuan Plain, adjacent to the towering Helan Mountains to the west, the surging Yellow River to the east, the Yinchuan High Speed Railway Station to the north, and the Beijing Tibet Expressway to the south, with a beautiful environment and convenient transportation. Yinchuan Power Transmission Technology Co., Ltd. looks forward to working together with you to create brilliance!.
Headquarter Yinchuan
Establish Date 10/29/2003
Listed Code 300904.SZ
Listed Date 8/9/2023
Chairman Li Apo.
CEO Li Xiang.
Website www.weili.com

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