Shandong Weida Machinery Co., Ltd. (002026.SZ) SHZ

Currency In CNY

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Shandong Weida Machinery Co., Ltd.

Address

2 Zhonghan Road

Wendeng, 264414

China

Phone

86 63 1390 9518

Sector

Industrials

Industry

Industrial - Machinery

Employees

3502

First IPO Date

July 27, 2004

Key Executives

NameTitlePayYear Born
Mingyan YangGM & Chairman01977
Jie ChenSecretary to the Board01986
Yong LiangDeputy GM & Director01973
Yuan Pei CaoFinancial Director & Head of Accounting Department01981
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Description

Shandong Weida Machinery Co., Ltd. (SWMC), founded in 1976 and headquartered in Wendeng, China, is a diversified manufacturing company operating in both domestic and international markets. Its primary business revolves around the production and sale of a comprehensive range of drill chucks. This includes various designs such as keyless chucks (some with locking mechanisms), traditional key-type chucks, and automatic duty models. SWMC also supplies related accessories and saw blades. Beyond its core drill chuck offerings, the company diversifies its portfolio with precision casting solutions. These castings are utilized across numerous sectors, including power tools, automotive parts, general hardware, tools, and instrumentation. Additionally, SWMC provides specialized powder metallurgy components. These parts are integral to a wide array of products, from structural elements and refrigerator connecting rods to various engine components, gearboxes for power tools (like impact drills, grinders, and saws), and specialized parts for automotive oil pumps. Rounding out its product line, the company also manufactures AC and DC electrical switches. SWMC markets its extensive product range predominantly under the "Peacock" and "Weida" brand names.

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