Shenzhen Dawei Innovation Technology Co., Ltd Class A
SSZSE:00221323.59
CNY
+0.72
(+3.15%)
ISIN
CNE1000009C7
Return %
Stock
S&P 500
1Y
11.59
13.14
3Y
83.15
80.78
5Y
74.74
67.74
Capital Structure
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- CEO
- Zong Min Lian
- Full Time Employees
- 155
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Building 12, Shenzhen Bay Science and Tech Ecological Park Shenzhen GD China 518000
- IPO Date
- Feb 28, 2008
- Website
- daweitechnology.com
- Similar Companies
- Business
- Shenzhen Dawei Innovation Technology Co., Ltd. primarily engages in the research, development, production, and sales of automobile retarders and related accessories, including eddy current retarders and hydraulic retarders used in large and medium-sized long-distance tourist buses and trucks. The company also operates a significant information technology segment involving the procurement, integration, and sales of communication equipment, computers, and other electronic products, along with providing associated technical services. Additionally, Shenzhen Dawei Innovation has diversified into semiconductor storage products with offerings in DDR3, DDR4, and LPDDR4X memory series, as well as video card products and lithium carbonate for new energy applications. Founded in 2000 and headquartered in Shenzhen, China, the company has established itself as an early pioneer and industry standard-setter in retarder technology. The business segments are mainly automotive and information technology, with recent expansions targeting semiconductor memory and smart terminal solutions, alongside new energy and automotive markets. Shenzhen Dawei Innovation supports operations through factory leasing and provides customized OEM and ODM services, reflecting an integration of manufacturing capabilities and value-added service engineering. Recent major developments include a company reorganization whereby the former Shenzhen Terca Technology Co., Ltd. was renamed to Shenzhen Dawei Innovation Technology Co., Ltd., reflecting strategic repositioning. In recent years, the company has increased its focus on semiconductor memory products, achieving substantial growth in this segment while continuing to develop advanced retarder products. Shenzhen Dawei Innovation also reports ongoing investment in new energy solutions, including lithium power stations and energy storage systems. The company announced a cash dividend to be paid in 2025, indicative of positive cash flow management amid sector challenges. The company serves primarily the Chinese market but also maintains foreign trade relations, distributing products both domestically and abroad. Shenzhen Dawei Innovation Technology is listed on the Shenzhen Stock Exchange under ticker 002213.SZ and maintains a strong emphasis on technological innovation, quality manufacturing, and market expansion in its core sectors of automobile components, semiconductor memory, and energy-related technology products. Overall, Shenzhen Dawei Innovation Technology Co., Ltd. is a diversified technology and manufacturing company active in automotive brake systems, semiconductor memory products, information technology hardware, and new energy applications, marked by recent strategic shifts towards semiconductor and new energy growth areas alongside its foundational automotive business.