- Business
- Wuxi Autowell Technology Co., Ltd. (688516.SS) manufactures and sells high-end intelligent automation equipment for the photovoltaic, lithium battery, and semiconductor industries. The company offers monocrystal growth furnaces, OCZ loaders, wafer inspection systems, wafer automation pack lines, PV cell firing and passivation furnaces, PV cells screen printing lines, linear printers, low pressure chemical vapor deposition machines, and laser enhanced metallization machines; PV cell laser cutting machines, MBB PV cell soldering stringers, automatic bussing machines, PV string layup and bussing machines, junction box welding stations, and automatic solar module laminators; module pack automatic assembly lines, container assembly lines, module automatic assembly lines, and flexible pack automatic assembly lines; appearance inspection and automatic sorting machines for cylindrical cells; as well as aluminum wire bonders, hybrid AOI machines, DB/AB AOI machines, and automatic epoxy die bonders. Founded in 2010 and headquartered at 3 Xinhua Road, Xinwu District, Wuxi, China, Wuxi Autowell Technology operates primarily in China with expanding overseas markets including Southeast Asia and Europe, serving crystalline silicon photovoltaic, lithium battery PACK production, and semiconductor sectors through subsidiaries such as Autowell Intelligent Equipment, Autoway Intelligence, and others. Recent developments include plans to acquire an additional 33.21% stake in subsidiary Wuxi Songci Electromechanical Co., Ltd. for RMB 360.57 million to increase its ownership to 73.84%, alongside a RMB 400 million contract for CZ pullers and related equipment, strategic expansions into Vietnam, and partnerships for AI integration in manufacturing processes.