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Wanxiang Group
AddedFeb 15, 2024
UpdatedJun 28, 2026
Wanxiang Group

Wanxiang Group

Public

Wanxiang Group, a China-based retailer, globally manufactures and distributes auto parts.

HQ
Hangzhou, Zhejiang, CN
Founded
1969
Overview
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Employees
Website

Founded in 1969 by Lu Guanqiu, Wanxiang Group is a Chinese multinational conglomerate headquartered in Hangzhou, Zhejiang Province. The company's core mission is to innovate and lead in the automotive industry while expanding its global footprint. Wanxiang manufactures and distributes a wide range of automotive components, including drive shafts, brakes, shock absorbers, and rolling elements. The company serves a worldwide market and has diversified into sectors such as solar energy, electric vehicles, real estate, and equipment manufacturing.

Notable figures associated with Wanxiang include CEO Weiding Lu and President Pin Ni. The company has achieved significant milestones, including generating a revenue of 112.1 billion Renminbi and acquiring Karma Automotive. Wanxiang's impact is substantial, contributing to advancements in automotive technology and sustainable energy solutions. Its global presence and diversified portfolio underscore its influence in multiple industries.

Wanxiang Group - Quick Facts

When was Wanxiang Group founded?

Wanxiang Group was founded in 1969.

Where is Wanxiang Group's headquarters located?

Wanxiang Group's headquarters is located in Hangzhou, Zhejiang, CN.

How many employees does Wanxiang Group have?

Wanxiang Group has 20,000 employees as of Feb 5, 2024.

Wanxiang Group - Classification

Ownership
  • Public
Technology
  • Automation
Geographic Exposure
  • Global
Model
  • Manufacturing
Revenue
  • Transactional
Customer
  • Enterprise
  • Government
Main Product
  • Automotive Components
Tags
  • Automotive
  • Distribution
NAICS
  • 440000Retail Trade
  • 441000Motor Vehicle and Parts Dealers
  • 441300Automotive Parts, Accessories, and Tire Retailers
  • 441330Automotive Parts and Accessories Retailers
SIC
  • 3714Motor Vehicle Parts And Accessories
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
Show 10 more industry codes
NAICS
  • 336300Motor Vehicle Parts Manufacturing
  • 336320Motor Vehicle Electrical and Electronic Equipment Manufacturing
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
  • 336100Motor Vehicle Manufacturing
SIC
  • 5010Motor Vehicles And Motor Vehicle Parts And Supplies
  • 5012Automobiles And Other Motor Vehicles
  • 5000Wholesale Trade-durable Goods
  • 5900Miscellaneous Retail
  • 3711Motor Vehicles And Passenger Car Bodies