Energy and cleantech
Wanma万马股份
About the company
Wanma makes power cables, polymer materials for cables, and charging and energy-storage equipment for electric vehicles. Founded in Lin’an in 1989, the company is based in the Qingshan Lake area of Lin’an District, Hangzhou, and has been listed in Shenzhen since 2009. In 2025 its revenue was 19.24 billion yuan and its net profit 347 million yuan. It has production bases in Hangzhou, Sichuan, Guangdong and Qingdao, and R&D sites and branches in Germany and Singapore.
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