Company Profile

Wencan Group Co., Ltd., a listed company on the Shanghai Stock Exchange (securities code: 603348), was founded in 1998 and headquartered in Lishui Town, Nanhai District. In 2020, it completed the acquisition of the French Bailian Group. It 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). Wen Can Group's total sales revenue at home and abroad in 2021 will exceed 4.1 billion yuan, and the total domestic and foreign tax payment will exceed 160 million yuan. In the first quarter of 2022, the total domestic and foreign sales revenue will exceed 1.2 billion yuan, and the total domestic and foreign tax payment will be 44 million yuan. It is expected to generate 10 billion yuan of sales revenue in five years. It is one of China's leading automotive aluminum alloy casting research and development and manufacturing enterprises.
Wen Can Group is mainly engaged in the research, development, production and sales of aluminum alloy precision casting products for automobiles by integrating high-pressure casting, low-pressure casting and gravity casting, and is committed to providing lightweight and high-safety products for global automotive customers, mainly applied to the engine system, transmission system, chassis system, brake system, body structure and other automotive components of traditional fuel vehicles and new energy vehicles.
Wen Can Group took the lead in carrying out the research and development of the international cutting-edge technology and product "high-strength aluminum alloy body structure die casting" of new energy vehicles. It is the first enterprise in China to achieve mass production of such products. Among them, the large-scale integrated structural parts are further integrated in the field of original body structural parts. At the same time, it developed and trial-produced on the semi-panel rear floor project which was trial-produced for the first time, and successfully trial-produced in November 2021. This project is successful, It marks that Wen Can Group is the first enterprise to obtain the fixed point of customer's mass production project and complete the mold test in the field of large-scale integrated structural products. 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 the production of auto parts in the world, which has laid a leading technical and production advantage for the company.
The complete process capability, the first-mover advantage of body structural parts, and the globally distributed production base enable Wencan Group to provide diversified product solutions for global customers. The company's main customers include Volkswagen, Benz, Tesla, Weilai, Xiaopeng, GAC New Energy, Ideals, BYD, Geely, Great Wall Motors and other well-known domestic and foreign vehicle manufacturers, as well as ZF, BOSCH, Continental and other world-renowned first-class auto parts suppliers.
Wen Can Group has successively served as the vice president unit of China Foundry Association, the president unit of China Die Casting Branch, and the president unit of Guangdong Foundry Association, and has been selected as the invisible champion enterprise of Guangdong Province, the green foundry enterprise of China, and the top 100 comprehensive enterprises of China's foundry industry.