Investor relations related news introduction

Release time:

2022-12-07 08:36

Source:

Weihai Bangde Cooling System Co., Ltd (stock abbreviation: "Bangde", stock code: 838171) was founded in 2008 and restructured into a joint stock company in 2016. The founder of the company, Mr. Wu Guoliang, had invested in Shanghai Songjiang Hi-Tech Park in 2004 to set up Shanghai Bangde Auto Parts Manufacturing Co., Ltd. and devoted himself to the development and production of thermal management products, during which he has accumulated rich experience.

Our main products include condensers, oil coolers, intercoolers, radiators, evaporators, etc. Our business includes in industries as automotive, wind power generation, 5G base stations, home and commercial air conditioning, refrigeration equipment, machineries, etc. With advanced digital production lines and information management tools, the company is now one of the leading manufacturers in the field of heat exchangers in the global automotive aftermarket.

The company has a total equity of 118.93 million yuan, covers an area of 227 acres, with a construction area of 120,000 square meters and a planned annual production capacity of over 3.5 million heat exchangers. About 90% of the company's products are exported to North America, South America, Europe, Asia, Australia, Middle East and other countries or regions. The company cooperates with Shanghai Jiaotong University, Harbin Institute of Technology (Weihai) and other universities to build "Technology Research Center". The company has been awarded with “Weihai Microchannel Heat Exchanger Engineering Laboratory", "Advanced Private Enterprise of Weihai City", "Advanced Unit of Key Project Construction Merit Competition of Weihai City", "Civilized Enterprise of Weihai City". "Weihai Civilized Enterprise", "Outstanding Contribution to Economic Development Enterprise", "Advanced Unit of Independent Innovation", "New, distinctive, specialized and sophisticated enterprises in Shandong Province" and more than 10 honorary qualifications. Meanwhile, Bangde owned 40 national patents. Bangde company was successfully listed on the Beijing Stock Exchange on June 2, 2022.

Bangde company advocates a multi-cultural concept of "understanding, inclusiveness, support and help" and insists on providing top-tier quality, service for its clients. A pursuit of satisfaction from customers is an everlasting motivation for the company. The company has fully implemented IATF 16949/ ISO 9001 quality management system, ISO 14001 environmental management system, ISO 45001 occupational health and safety management system and has become a world-renowned professional manufacturer of thermal management products.

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