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WoLong
Global Leading Motor and Drive Solution Provider
About WoLong
Founded in 1984 by Mr. Chen Jiancheng, Wolong Holding Group Co., Ltd. has evolved from a local motor factory into a comprehensive multinational corporation. Initially established as Shangyu Multi-Speed Micro Motor Factory in Shaoxing, China, the company has grown significantly over its 40-year history. It now operates as a global enterprise with a primary focus on electrical manufacturing, supplemented by real estate and financial investment arms. The group holds three publicly listed companies: Wolong Electric Drive Group (SH600580), Wolong Real Estate (600173SH), and Brook Crompton (AWC.SI).
Wolong's core business revolves around the manufacturing of motors and drive control systems. The company's product portfolio is extensive, featuring over 40 series with more than 3,000 varieties, including various motors, controls, transformers, and power supplies. These products serve a wide array of industries, such as industrial automation, home appliances, power generation, oil and gas, and transportation. The business model centers on providing comprehensive power system solutions and full life-cycle services to a global client base that includes numerous Fortune 500 companies. Through a strategy of both independent development and international acquisitions, Wolong has integrated several well-known brands, including Germany's Schorch, the UK's Brook Crompton, and Italy's SIR, expanding its technological capabilities and market presence.
In recent years, Wolong has strategically expanded into renewable energy and advanced technology sectors. This includes a significant commitment to energy storage solutions, with the establishment of large-scale production bases to support the global clean energy transition. The company also develops power systems for electric vehicles, aircraft, and ships, and provides intelligent automation solutions, including robotics, through its subsidiary SIR. With a global footprint of 42 factories and multiple R&D centers in Asia, Europe, and North America, Wolong tailors its manufacturing and services to local regions, aiming to drive industrial transformation through efficient and intelligent electric power systems.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Aug 2018 | $29M | $117M | Undisclosed | — |
Growth signals
Latest recorded traffic for WoLong is 7.3K monthly website visits, up 92.1% over the last three months. WoLong's team declined 0.4% over the past year.
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Investments and acquisitions
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