The Suzhou Weiheng Technology Headquarters and New Energy Vehicle Parts Production Base project, with a total investment of 700 million yuan, has officially started construction in Kunshan Development Zone

After the project is started and completed, it will provide strong support for Kunshan Development Zone to build a new energy vehicle industry ecosystem, promote the expansion of consumer electronics to automotive electronics, and transform traditional automotive components into core components of new energy vehicles

▲ Rendering

Suzhou Weiheng Technology Co., Ltd. is mainly engaged in the production and sales of new energy vehicle busbars, brackets, and communication electronic precision components. It has five production bases in Kunshan and other places.

The Weiheng Technology Headquarters and New Energy Vehicle Parts Production Base project is the future IPO headquarters and new energy vehicle parts production base, with a total investment of 700 million yuan. After the project is completed and reaches production capacity, the annual output value will reach 1.5 billion yuan.

New energy vehicles are a strategic development direction for China's automotive industry. As a key component of new energy vehicle batteries, electric drives, and electronic control systems, busbars have stronger current carrying and heat dissipation capabilities, as well as lower losses. They are an important link in ensuring stable power transmission and safe use of new energy vehicles and have broad application prospects

The development of Weiheng Technology in the field of new energy vehicles mainly revolves around the research and development, production, and sales of busbar products. In the development of the enterprise, Weiheng Technology actively pays attention to the development trends and policy dynamics of the new energy vehicle market, increases technological research and innovation efforts, and provides more advanced, reliable, and efficient products and services to meet customer needs.

At present, the company has become a first tier supplier to leading enterprises in the new energy vehicle industry in Europe, America, and China, providing high-quality series busbar products and green solutions for precision metal stamping, injection molding parts, and components to customers in various industries around the world.   

With the continuous cultivation and investment of Weiheng Technology in the new energy vehicle, energy storage, and communication electronics industries over the years, the company has established the Jiangsu Province New Energy Vehicle Mother Bus Engineering Technology Research Center and the Jiangsu Province Communication Electronic Shield Engineering Technology Research Center, which has been awarded multiple honors and qualifications such as Jiangsu Province Specialized, Refined, Special and New Small and Medium sized Enterprises

As of June 2024, the company has authorized 7 invention patents and over 140 utility model patents

The gross domestic product from January to June 2024 was 600 million yuan, a year-on-year increase of 41.6% compared to the first half of 2023

Liu Zhenglin, Head of Weiheng Technology

With the increasing trend of lightweighting and integration of new energy vehicles, the busbar industry is facing new opportunities and challenges. After the commencement of the headquarters and production base project, we will continue to "increase" our efforts in Kunshan, continuously enhance technological research and innovation, improve product quality and performance, and strengthen communication and cooperation with customers to understand their needs and provide customized solutions. In addition, we will further promote the digital transformation of enterprises, promote industrial Internet and big data applications, make the production and management process more efficient and intelligent, and respond better and faster to customer needs, so as to enhance the core competitiveness of enterprises.