- Business
- Weihai Guangwei Composites Co., Ltd. (300699.SZ) manufactures and sells composite materials and related products for wind power, aerospace, transportation, and other industrial applications. The company produces glass fiber fabrics, including woven roving, multiaxial fabrics, and unidirectional fabrics; carbon fiber prepregs and composites; and thermoplastic composite materials, serving primarily the renewable energy, aviation, automotive, and marine sectors. Founded in 2004 and headquartered in Weihai, China, it operates production facilities primarily in China with distribution networks across Asia, Europe, and North America. Recent developments include a strategic partnership with a leading wind turbine manufacturer in 2024 to supply advanced composites for next-generation blades and a funding round in early 2025 supporting capacity expansion for carbon fiber production.