Technological innovation is the engine that enables Wanxiang to maintain its core competitiveness and consistently stay at the forefront of industry trends. It is precisely this relentless drive for innovation that has propelled Wanxiang from a small blacksmith shop to a leading industrial technology group. As the company has grown and society has undergone profound changes, the group has placed increasing emphasis on technological innovation. In recent years, in particular, the Board of Directors has held annual symposiums for doctoral researchers and instituted an annual Wanxiang Technology Award to recognize and celebrate outstanding achievements in science and technology. By cultivating a fertile environment and actively encouraging innovation, the group has reached a broad consensus: “Technology is the primary productive force, talent is the primary resource, and innovation is the primary driving force.” Over the past year, all subsidiaries have remained firmly committed to prioritizing technology, grounded in practical realities, and significantly increased their investment. Relying on research platforms such as corporate technology centers, laboratories, and research institutes, they have attracted top-notch professionals, closely monitored market demands, explored cutting-edge industry trends, overcome critical technological bottlenecks, and provided an inexhaustible source of momentum for the company’s high-quality development.

Wanxiang Qianchao’s “Zhejiang Province Automotive Chassis Intelligent Technology Key Enterprise Research Institute” has been recognized as a Key Enterprise Research Institute of Zhejiang Province.

The Zhejiang Provincial Department of Economy and Information Technology has released the “List of Key Provincial Enterprise Research Institutes for 2024,” and Wanxiang Qianchao Co., Ltd.’s “Zhejiang Provincial Key Enterprise Research Institute for Intelligent Automotive Chassis Technology” has been included.

As an important R&D platform established by Wanxiang Qianchao in response to national policies, in line with market trends, and to promote industrial advancement, the Zhejiang Provincial Key Enterprise Research Institute for Intelligent Automotive Chassis Technologies is committed to strengthening the development of specialized, critical core components for autonomous and intelligent driving chassis, and to building a domestically leading base for chassis system industry. Relying on Wanxiang Qianchao’s R&D team, the institute focuses on the R&D and industrial application of core automotive chassis products, has broken through and mastered related core technologies, and has achieved the design and manufacturing of key components. In particular, it has accumulated extensive R&D and industrialization experience in intelligent high-end equipment, and is at the forefront of the industry in terms of talent development, implementation of research projects, commercialization of research results, and protection of intellectual property rights. Currently, the institute boasts industry-leading innovative products such as manufacturing single-item champions and China’s first-of-its-kind equipment. It has developed new products including anti-lock braking systems, electronic parking brake systems, electronic stability control systems, and wire-controlled braking systems. These new products not only demonstrate significant performance improvements but also showcase industry-leading levels in areas such as intelligence and lightweight design.

Chongqing Wanxiang Digital Intelligence has been recognized as a Chongqing Municipal Enterprise Technology Center.

Wanxiang Digital Intelligence (Chongqing) Co., Ltd. has been recognized by the Chongqing Municipal Commission of Economy and Information Technology and has obtained the qualification of Chongqing Enterprise Technology Center for 2024, as well as the title of “Gazelle Enterprise.”

Chongqing Wanxiang Digital Intelligence primarily manufactures and sells constant-velocity drive shaft assemblies and related automotive components. The company has established a comprehensive system platform encompassing BPM (Business Process Management), PLM (Product Lifecycle Management), ERP (SAP Enterprise Resource Planning System), MES (Manufacturing Execution System), a safety management system, and hierarchical audit procedures, thereby achieving automated, intelligent, and digital management of its production processes. The company places great emphasis on technological innovation, allocating no less than 3% of its annual revenue to R&D expenses each year to ensure a high level of R&D innovation. It implements dedicated funding management for R&D projects, technology transfer initiatives, and application projects, guaranteeing the smooth completion of these projects. The company is recognized as a National High-Tech Enterprise, a National-Level Specialized, Fine, and New “Little Giant” Enterprise, and a Chongqing Municipal “Specialized, Fine, and New” SME. It has obtained certifications including IATF16949, ISO9001, ISO45001, ISO14001, and the Two-Integration Standardization Management System. Its products meet internationally leading performance standards and provide supporting services to numerous major automakers, earning the company high recognition and influence within the industry.

Henan Qianchao Intelligent Manufacturing has been selected as a member of the Henan Province Brake Precision Research and Intelligent Manufacturing Engineering Technology Research Center.

The Henan Provincial Department of Science and Technology released the “List of Engineering Research Centers for Precision Brake R&D and Intelligent Manufacturing in Henan Province,” and the Henan Provincial Department of Industry and Information Technology released the “List of Enterprises Supported for Outstanding Smart Application Scenarios in Equipment Upgrades for Manufacturing in Henan Province, 2024.” Henan Qianchao Intelligent Manufacturing Co., Ltd. was included on both lists.

Henan Qianchao Intelligent Manufacturing specializes in the production of cast and machined components—including brake discs, steering knuckles, and brake calipers—related to automotive braking systems. Its products are widely used in various automotive braking systems and have earned strong market recognition. The company has been honored as a National High-Tech Enterprise, one of the Top 50 Comprehensive Strength Enterprises in Henan’s Casting and Forging Industry, and an A-Level Quality Integrity Industrial Enterprise in Henan Province. It has established four intelligent application scenarios and boasts an annual casting capacity of 25,000 tons, covering the entire manufacturing process—from casting and machining to surface treatment. In recent years, the company has actively embraced automation and intelligence, achieving significant progress in smart manufacturing and engineering technology R&D. By integrating SAP and MES systems, it has realized automatic calculation of workshop operation plans, seamlessly linking technology with quality, production, and business management, thereby enhancing the security and collaborative scheduling efficiency of production planning. Additionally, the company has introduced a variety of automated equipment to ensure precise distribution of semi-finished products across different processing stages. Moving forward, the company will continue to enhance its casting technology capabilities, focusing on serving 9N customers and building a first-class, environmentally friendly, digital, and intelligent high-end casting demonstration plant in China.

Dayang Shijia’s “Provincial Key Laboratory for Green, Low-Carbon, and Efficient Development of Deep-Blue Fishery Resources” has been approved as a Key Laboratory of Zhejiang Province.

The Department of Science and Technology of Zhejiang Province has released the "Notice on Announcing the Results of the Second Batch of Provincial Key Laboratory Designations for 2023," designating the "Provincial Key Laboratory for Green, Low-Carbon, and Efficient Development of Deep-Blue Fishery Resources," jointly established by Dayang Shijia, Zhejiang University of Technology, and the Zhejiang Provincial Fisheries Technology Extension Center, as a provincial key laboratory.

As a co-construction partner, Dayang Shijia is primarily responsible for research related to the green and efficient development and comprehensive utilization of marine fishery resources. Through technological innovation, the company aims to promote industrial upgrading and drive the development of the seafood industry. The laboratory will respond to the nation’s call to ensure food security and advance the strategy of building a maritime power. It will dedicate itself to overcoming scientific and technological challenges in the efficient utilization of deep-sea fishery resources and their environmentally friendly development. Guided by the core mission of green transformation, efficiency enhancement, and the promotion of a low-carbon circular economy across the entire industry chain, the laboratory will strive to build a first-class national innovation platform that integrates scientific research and innovation, talent cultivation, technology transfer, and social services—providing impetus for the sustainable, green use of deep-sea fishery resources and the innovative development of the industry chain.

Chengde Lulu Industrial Design Center has been approved as a Hebei Provincial-level Industrial Design Center.

The Hebei Provincial Department of Industry and Information Technology has designated Chengde Lulú Co., Ltd.’s Industrial Design Center as a Hebei Provincial-level Industrial Design Center and provided the company with special financial support for industrial design.

The Chengde Lulu Industrial Design Center was jointly established by the company’s R&D Department, Quality Management Department, Brand Management Department, and Marketing Center. The center conducts extensive market research and actively seeks in-depth collaborations with several well-known domestic design firms. As a result, it has developed dozens of packaging designs and bottle styles that appeal to younger consumers. Building on the company’s established flagship Original Almond Milk series, the center closely follows market trends and has launched two major new product lines: the Plant-Based Milk Series and the Health-Enhancing Water Series. Through meticulous design and rigorous selection processes, these products not only ensure exceptional quality and taste but also seamlessly integrate industrial design principles into their packaging materials, canister designs, bottle shapes, and patterns. These products not only meet consumers’ growing demand for healthy, natural beverages but also enrich the company’s product portfolio, enhance its market competitiveness, and further solidify Chengde Lulu’s position as a pioneer in China’s plant-protein sector and a leading player in the plant-based beverage industry.

Innovation leads the future and also creates the future. All of Wanxiang’s specialized companies will continue to thoroughly implement the Board of Directors’ strategic decisions, uphold the principle of putting technology first and firmly emphasizing the human factor, continuously step up investment in scientific research, strive to build world-class research platforms, integrate resource elements, tackle core technologies, foster an innovation ecosystem, develop more cutting-edge products and services, and collectively harness the tremendous strength that enables Wanxiang to “always remain at the forefront.”