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History

Key Milestones in development & Global Mergers and Acquisitions

  • 1984
  • 1985
  • 1986
  • 1989
  • 1991
  • 1994
  • 1995
  • 1999
  • 2001
  • 2002
  • 2003
  • 2004
  • 2006
  • 2005
  • 2007
  • 2009
  • 2010
  • 2011
  • 2012
  • 2013
  • 2014
  • 2015
  • 2016
  • 2018
  • 2019
  • 1984

    Wolong was founded.

  • 1985

    The first generation products—JW Series motors were manufactured.

  • 1986

    Wolong motor's trademark was registered.

  • 1989

    Wolong founded Zhejiang Longchang Electric Co., Ltd as a joint venture with a Taiwanese firm.

  • 1991

    The company was named as “Wolong”. Shangyu Multi-speed Micro Motor Factory was renamed as Zhejiang Wolong Motor Industry Co.,Ltd.

    Wolong founded Zhejiang Changlong Electric Co., Ltd as a joint venture with a Hong Kong firm.

  • 1994

    Zhejiang Wolong Group Co.,Ltd was established.

  • 1995

    Wolong passed the ISO9002 Quality System Certification and gained the right of self-managed import and export which is a pass to the international market.

  • 1999

    Wolong founded Shaoxing Oli-Wolong Vibrating Machinery Co., Ltd as a joint venture with Oli Italy.

  • 2001
  • 2002

    On June 6th, Wolong Technology’s shares were issued. The stock code is 600580.

    Wolong was restructured as Zhejiang Wolong Holding Group Co., Ltd.

    Wolong acquired Zhejiang Dengta Storage Battery Co., Ltd and renamed it as Zhejiang Wolong Dengta Battery Co., Ltd.

  • 2003

    Wolong acquired Wuhan Hubei Motor General Factory and renamed it as Wuhan Wolong Hubei Motor Co., Ltd.

    Zhejiang Wolong Holding Group Co., Ltd was renamed as Wolong Holding Group Co., Ltd.

    Wolong issued its new Enterprise Spirit: “Sincerity·Harmony·Creativity”.

    Wolong set up its Post-Doctoral Research Center with the approval of State Personnel Board.

  • 2004

    Wolong implemented OA system.

    Wolong deployed to build group’s three basic framework strategies of manufacturing, real estate, and financial investment.

    Wolong founded the joint venture company Zhejiang Wolong Home Appliance Motor Co., Ltd with Panasonic Co., Ltd.

  • 2006

    Wolong formulated and implemented “Development Strategic Plan of Wolong Holding Group 2006-2010”.

  • 2005

    Zhejiang Wolong Technology Co., Ltd was officially renamed as Wolong Electric Group Co., Ltd. 

    Wolong merged Yingchuan Transformer, and renamed it as Wolong Electric Yinchuan Transformer Co., Ltd.

    Wolong launched the reserve talents (leader) cultivating project to expand its professional talent pool.  

  • 2007

    Through share acquisition, asset swap of Heilongjiang Mudanjiang New Material Technology Co., Ltd, Wolong achieved the listing of Wolong Real Estate, under the stock code 600173.

    Wolong founded a Sino-foreign joint venture company—Zhejiang Wolong Stirring Technology Co., Ltd.

  • 2009

    Wolong invested to found Zhejiang Wolong Transformer Co., Ltd.

    Wolong merged Beijing Huatai Transformer Co., Ltd, and renamed it as Wolong Electric Beijing Huatai Transformer Co., Ltd.

  • 2010

    Wolong founded a Sino-foreign joint venture company—Zhejiang Mantovani Machinery Co., Ltd.

  • 2011

    Wolong acquired 97.94% shares of ATB Group—the third largest motor manufacturer in Europe.

    Wolong merged Shandong Yantai Dongyuan Transformer Co., Ltd, and renamed it as Wolong Electric Yantai Dongyuan Transformer Co., Ltd.

  • 2012

    Synergy with ATB Group opened a new momentum. ATB Group's sales grew steadily, profit growth rate ranked the top in Wolong manufacturing, and led to a new growth point of Wolong Motor manufacturing

    Wolong Electric Group's high-efficiency and energy-saving motor market ranks first in the same industry in the country

    The photovoltaic single-phase grid-connected inverter developed by Wolong Electric Research Institute passed the Australian BV certification, and brought photovoltaic inverters and other products to the SNEC 6th International Solar Photovoltaic Conference and Shanghai Exhibition.

    Wolong BROOK Motor Division successfully developed electric vehicle motor

    Mantovani Machinery Co., Ltd. successfully developed new concrete crushing and crushing pliers

  • 2013

    The 500kV ultra-high voltage intelligent auto-coupling power transformer has passed the test of the whole process of the national testing center to fill the blank of the ultra-high voltage transformer field in Zhejiang Province.

    Acquired Jiangsu Qingjiang Motor Manufacturing Co., Ltd., a subsidiary of Midea, and changed the establishment of Wolong Electric Huai'an Qingjiang Motor Co., Ltd.

    Wolong Japan Research Institute was established in Osaka, Japan.

  • 2014

    Acquisition of Italian SIR Robotics Application Company

    Wolong successfully held its 30th anniversary celebration: China Zhizhi Summit Forum, Celebration Gala, and the 5th Staff Games

    Acquisition of Zhangqiu Haier Motor Co., Ltd., change to establish Wolong Electric Zhangqiu Haier Motor Co., Ltd.

    Wolong Electric and Kaishan Co., Ltd. jointly established Kaishan Motor Co., Ltd.

    The new products of Wolong UHV transformer passed the national product appraisal successfully.

  • 2015

    Successfully acquired and merged Nanyang Explosion-proof Group Co., Ltd., and changed the establishment of Wolong Electric Nanyang Explosion-proof Group Co., Ltd., which is the largest and most comprehensive HV motor manufacturer in China

    Wolong Electric Group successfully acquired Italian OLI company

    Wolong Holding Group and Export-Import Bank Zhejiang Branch signed a 10 billion strategic cooperation agreement

  • 2016

    Mergers and acquisitions Rongxin transmission $60M

  • 2018

    Acquisition of General Electric's Small Industrial Motors Business. Design to any global standard and certification due to our extensive engineering and manufacturing experience

    New plant in Vietnam has been founded,implementing regional manufacturing, regional service

  • 2019

    Livestream signing ceremony with ZF for Wolong-zf joint venture to produce EV motor and components for the world market

  • 1984

    Wolong was founded.

  • 1985

    The first generation products—JW Series motors were manufactured.

  • 1986

    Wolong motor's trademark was registered.

  • 1989

    Wolong founded Zhejiang Longchang Electric Co., Ltd as a joint venture with a Taiwanese firm.

  • 1991

    The company was named as “Wolong”. Shangyu Multi-speed Micro Motor Factory was renamed as Zhejiang Wolong Motor Industry Co.,Ltd.

    Wolong founded Zhejiang Changlong Electric Co., Ltd as a joint venture with a Hong Kong firm.

  • 1994

    Zhejiang Wolong Group Co.,Ltd was established.

  • 1995

    Wolong passed the ISO9002 Quality System Certification and gained the right of self-managed import and export which is a pass to the international market.

  • 1999

    Wolong founded Shaoxing Oli-Wolong Vibrating Machinery Co., Ltd as a joint venture with Oli Italy.

  • 2001
  • 2002

    On June 6th, Wolong Technology’s shares were issued. The stock code is 600580.

    Wolong was restructured as Zhejiang Wolong Holding Group Co., Ltd.

    Wolong acquired Zhejiang Dengta Storage Battery Co., Ltd and renamed it as Zhejiang Wolong Dengta Battery Co., Ltd.

  • 2003

    Wolong acquired Wuhan Hubei Motor General Factory and renamed it as Wuhan Wolong Hubei Motor Co., Ltd.

    Zhejiang Wolong Holding Group Co., Ltd was renamed as Wolong Holding Group Co., Ltd.

    Wolong issued its new Enterprise Spirit: “Sincerity·Harmony·Creativity”.

    Wolong set up its Post-Doctoral Research Center with the approval of State Personnel Board.

  • 2004

    Wolong implemented OA system.

    Wolong deployed to build group’s three basic framework strategies of manufacturing, real estate, and financial investment.

    Wolong founded the joint venture company Zhejiang Wolong Home Appliance Motor Co., Ltd with Panasonic Co., Ltd.

  • 2006

    Wolong formulated and implemented “Development Strategic Plan of Wolong Holding Group 2006-2010”.

  • 2005

    Zhejiang Wolong Technology Co., Ltd was officially renamed as Wolong Electric Group Co., Ltd. 

    Wolong merged Yingchuan Transformer, and renamed it as Wolong Electric Yinchuan Transformer Co., Ltd.

    Wolong launched the reserve talents (leader) cultivating project to expand its professional talent pool.  

  • 2007

    Through share acquisition, asset swap of Heilongjiang Mudanjiang New Material Technology Co., Ltd, Wolong achieved the listing of Wolong Real Estate, under the stock code 600173.

    Wolong founded a Sino-foreign joint venture company—Zhejiang Wolong Stirring Technology Co., Ltd.

  • 2009

    Wolong invested to found Zhejiang Wolong Transformer Co., Ltd.

    Wolong merged Beijing Huatai Transformer Co., Ltd, and renamed it as Wolong Electric Beijing Huatai Transformer Co., Ltd.

  • 2010

    Wolong founded a Sino-foreign joint venture company—Zhejiang Mantovani Machinery Co., Ltd.

  • 2011

    Wolong acquired 97.94% shares of ATB Group—the third largest motor manufacturer in Europe.

    Wolong merged Shandong Yantai Dongyuan Transformer Co., Ltd, and renamed it as Wolong Electric Yantai Dongyuan Transformer Co., Ltd.

  • 2012

    Synergy with ATB Group opened a new momentum. ATB Group's sales grew steadily, profit growth rate ranked the top in Wolong manufacturing, and led to a new growth point of Wolong Motor manufacturing

    Wolong Electric Group's high-efficiency and energy-saving motor market ranks first in the same industry in the country

    The photovoltaic single-phase grid-connected inverter developed by Wolong Electric Research Institute passed the Australian BV certification, and brought photovoltaic inverters and other products to the SNEC 6th International Solar Photovoltaic Conference and Shanghai Exhibition.

    Wolong BROOK Motor Division successfully developed electric vehicle motor

    Mantovani Machinery Co., Ltd. successfully developed new concrete crushing and crushing pliers

  • 2013

    The 500kV ultra-high voltage intelligent auto-coupling power transformer has passed the test of the whole process of the national testing center to fill the blank of the ultra-high voltage transformer field in Zhejiang Province.

    Acquired Jiangsu Qingjiang Motor Manufacturing Co., Ltd., a subsidiary of Midea, and changed the establishment of Wolong Electric Huai'an Qingjiang Motor Co., Ltd.

    Wolong Japan Research Institute was established in Osaka, Japan.

  • 2014

    Acquisition of Italian SIR Robotics Application Company

    Wolong successfully held its 30th anniversary celebration: China Zhizhi Summit Forum, Celebration Gala, and the 5th Staff Games

    Acquisition of Zhangqiu Haier Motor Co., Ltd., change to establish Wolong Electric Zhangqiu Haier Motor Co., Ltd.

    Wolong Electric and Kaishan Co., Ltd. jointly established Kaishan Motor Co., Ltd.

    The new products of Wolong UHV transformer passed the national product appraisal successfully.

  • 2015

    Successfully acquired and merged Nanyang Explosion-proof Group Co., Ltd., and changed the establishment of Wolong Electric Nanyang Explosion-proof Group Co., Ltd., which is the largest and most comprehensive HV motor manufacturer in China

    Wolong Electric Group successfully acquired Italian OLI company

    Wolong Holding Group and Export-Import Bank Zhejiang Branch signed a 10 billion strategic cooperation agreement

  • 2016

    Mergers and acquisitions Rongxin transmission $60M

  • 2018

    Acquisition of General Electric's Small Industrial Motors Business. Design to any global standard and certification due to our extensive engineering and manufacturing experience

    New plant in Vietnam has been founded,implementing regional manufacturing, regional service

  • 2019

    Livestream signing ceremony with ZF for Wolong-zf joint venture to produce EV motor and components for the world market

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