About

Company Overview

Wolong Electric Group Co., Ltd. is a comprehensive multinational corporation established in 1984, primarily engaged in electrical manufacturing, real estate development, and financial investment. With substantial assets amounting to RMB 15 billion and an annual sales volume of RMB 13 billion, Wolong has positioned itself as a leader in the electrical industry, operating through four listed companies and 44 subsidiaries employing over 11,000 staff members.

History & Background

Since its inception, Wolong has evolved significantly over nearly three decades, expanding its reach and capabilities across various sectors. The company’s growth trajectory has been marked by strategic acquisitions, including the purchase of ATB Austria Antriebstechnik AG, which has bolstered its presence in the European market and established it as a formidable competitor alongside industry giants like Siemens and ABB.

Products & Services

Wolong’s diverse product portfolio encompasses more than 40 series and 3,000 specifications, including motors and control systems, transformers, battery and power supply solutions, and electric vehicle drive systems. The company’s products cater to a wide range of industries, such as industrial automation, home appliances, electric railways, power supply projects, nuclear power engineering, oil extraction, environmental engineering, mineral engineering, and vessel engineering.

Quality & Innovation

Recognized as a national key high-tech enterprise, Wolong emphasizes quality and innovation in its production processes. The company’s low-power motors are celebrated as a Chinese famous brand, and its trademark has received official recognition as a renowned trademark of China. Wolong has established numerous research and development facilities, including postdoctoral stations and national key laboratories, to foster continuous improvement and technological advancement.

Mission & Values

Wolong is committed to its mission of becoming the “Eastern Siemens” by focusing on industry transformation, enhancing global competitiveness, and promoting sustainable development. The company values customer satisfaction, technological advancement, and capital diversification, striving to build a comprehensive multinational enterprise that leads in the global electric industry.

Additional Information

As Wolong looks to the future, it aims to achieve a global sales volume of RMB 26 billion and a market value of RMB 50 billion for its listed companies during the “Twelfth Five-Year” period. The company’s strategic vision entails not only expanding its market share but also solidifying its reputation as a reliable and innovative provider of electrical products and services worldwide.