Weili Transmission
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Weili Transmission - overview
Established
2003
Location
Yinchuan, Ningxia, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 2003 and based in Yinchuan, China, Weili Transmission is a transmission technology company that focuses on the research and development of wind power yaw and pitch reducer. In 2012, the company developed a 2. 5MW wind power yaw and pitch reducer. In 2019, it established Yinchuan Weima Motor Co.
, Ltd. In January 2021, Weili Transmission raised CNY 60 million in strategic investment from new investor SDIC Unity Capital and returning investor Ningxia Zhenghe Phoenix Fund Management Co. ,Ltd. In 2023, the firm was listed on the Shenzhen Stock Exchange.
Its stock code is 300904. The company's main products include yaw reducer for wind power generation, pitch reducer for wind power generation, walking series reducer for construction machinery and photothermal slewing drive, etc. Its products are used in wind turbines, electric vehicles, industrial robots, tourist ropeways, construction machinery and other industries. In 2022, the company's operating income was CNY 619.
06 million, and its net profit was CNY 68. 23 million.
Current Investors
Zhenghe Phoenix Capital, SDIC Unity Capital, Yinchuan Industrial Fund Management
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.weili.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
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