- Business
- Zhejiang Grandwall Electric Science & Technology Co., Ltd. engages in the research and development, production, and sale of electromagnetic wires, specializing in enamelled copper wire, magnet wire, and rewinding wire used primarily in electrical and magnetic energy conversion applications such as industrial motors, household appliances, automotive motors, power tools, and industrial equipment. The company manufactures a variety of product categories including solderable polyurethane enamelled round copper wire with classifications like Class 155 QA/155 (UEW/155), Uew/180 super enamelled copper wire, and Uew/130 solderable polyurethane enamelled copper wire. It operates primarily across mainland China and is recognized as one of the top three magnet wire manufacturers in China with a production capacity exceeding 230,000 tons annually. Founded in 1984 and headquartered in Huzhou City, Zhejiang Province, the firm maintains a significant manufacturing footprint featuring over 120 production lines and a workforce of about 580 employees.
Recent major changes include resumed trading activities following a temporary halt and ongoing strategic focus on expanding operations and technological capabilities in magnet wire production. The company continues to invest in quality certifications such as ISO9001, ISO/TS16949, ISO14001, and UL, and maintains strategic partnerships with leading global electrical and electronics companies like Siemens, Bosch, Panasonic, and Valeo. Zhejiang Grandwall’s business emphasis remains on innovation and sustainable development within the electromagnetic wire industry, with continued efforts in product development and market expansion to strengthen its position domestically and internationally.
Zhejiang Grandwall Electric Science & Technology operates as a publicly listed company on the Shanghai Stock Exchange under ticker 603897.SS and continues to leverage its technological expertise and manufacturing scale to serve a broad range of industrial segments including automotive, appliance, motor manufacturing, and power tools across the Chinese market and beyond. The company’s sustained revenue growth and increasing net income reflect its operational expansion and product demand in these key sectors.