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On October 29th, at No. 15-1, Yexingyuan, 536 Zhongshan North Street, Xingqing District, Yinchuan City, a 600㎡ workshop and a 100㎡ office were rented to establish Yinchuan Weili Reducer Co., Ltd. with a staff size of 25 people and an annual output value of nearly 2 million yuan. The company successfully developed a series of passenger cableway planetary reducers, which were exported to multiple countries including Iran and North Korea.

Accepted the invitation from Jinfeng District Industrial Park to purchase 9.69 acres of land, with a building area of 3,213.2 square meters, and commenced construction.

The factory at 128 Xinkaiqu Street has commenced operations.

Accepted the invitation from Silver Star Energy to begin developing the first wind power 1.0MW and 2.5MW yaw drives P102 and P251, officially entering the wind power industry.

Successfully developed the first 1.0MW wind turbine yaw reducer, replacing imports.

Establish the Party Branch of Yinchuan Weili Reducer Co., Ltd.

The company address has been changed from Jinfeng Industrial Park, Yinchuan Economic and Technological Development Zone to Room 406, Building 1, Yinchuan High-tech Zone.

The "1.0MW Wind Turbine Yaw Reducer Development" has been registered as a scientific and technological achievement in the Ningxia Hui Autonomous Region.

Awarded the title of "Yinchuan City Little Giant Enterprise".

First acquisition of Class 7 trademark.

The "1.0MW Wind Turbine Yaw Reducer Development" project won the Yinchuan City "Science and Technology Innovation Award".

The "WL" brand wind turbine yaw reducer has been awarded the "Ningxia Famous Brand Product."

Comrade Li Xiang has officially joined Yinchuan Weili Reducer Co., Ltd. as a Sales Manager.

Business cooperation with Dongfang Electric. Developed the first 2.5MW yaw drive P253 and pitch gearbox B253 for them.

The project "Promotion and Application of Wind Turbine Yaw Reducers" has been awarded the Third Prize for Scientific and Technological Progress in the Ningxia Hui Autonomous Region.

Awarded the title of "National Quality and Credibility Guaranteed Supplier."

The company has launched the UFIDA ERP-U8 software to implement refined management.

Awarded the title of "Technology-based Small and Medium-sized Enterprise" in Ningxia Hui Autonomous Region.

Business cooperation with Harbin Electric Wind Power (formerly Xiangdian Wind Power) was initiated. In the same year, the first 2.5MW yaw drive P206 and pitch reducer B256 were developed for them.

Engage in business cooperation with Vision Energy. Developed the first series of products for them: the P255 yaw drive, and the B255 and B205 pitch reducers.

The product has passed the German TUV design certification and type test certification.

Standardized Application of PLM System: Establish and Implement a Standardized Approval Process for Drawings.

Successfully developed the first photothermal rotary reducer.

The share reform established "Yinchuan Weili Transmission Technology Co., Ltd."

Providing 351 yaw and pitch gearboxes to the largest wind farm in Northern Europe, Sweden's Blakliden F?bodberget phases 3 and 4.

Awarded the title of "Specialized, Refined, and New Demonstration Enterprise of Ningxia Hui Autonomous Region".

Listed on the New Third Board, stock abbreviation "Weili Transmission", stock code "871626".

Recognized for the first time as a "National High-Tech Enterprise".

Successfully developed the first dedicated wind power yaw motor.

Approved as the "Ningxia Hui Autonomous Region Technology Innovation Center."

Engage in business cooperation with Goldwind Technology. Develop the first 2.X MW yaw drive P208A and pitch gearbox B208A for them.

Debuted at the 2018 Beijing International Wind Energy Conference and Exhibition.

The "Wind Turbine Pitch Control Gearbox Achievement Transformation and Promotion" project won the Third Prize of the Science and Technology Progress Award in Ningxia Hui Autonomous Region.

Awarded the title of "National-Level Pilot Enterprise for Integration of Informatization and Industrialization Management System."

Approved as a "Dual Innovation Platform Enterprise" in Ningxia Hui Autonomous Region.

Successfully developed the first new energy electric vehicle reducer assembly.

Successfully developed the first 7MW and 10MW offshore wind turbine yaw and pitch reducers.

Establish "Yinchuan WM Motor Co., Ltd."

Obtained the national-level "Intellectual Property Management System Certification" certificate.

Awarded the title of "Benchmark Award for Industry Benchmarking Work in Industrial Enterprises" by the Ningxia Hui Autonomous Region.

Collaborated with Yunda Co., Ltd. on business ventures. Began supplying them in large quantities the same year, with the shortest product development time.

Business collaboration with Siemens Gamesa.

Establish a Shanghai branch at Building C, 6th Floor, No. 207 Songhong Road, Changning District, Shanghai, to fully launch the research and development of the three-in-one drive assembly for new energy vehicles.

The yaw drive and pitch reducer were custom-made for China's first "10MW offshore wind turbine," which is the second largest in the world and the largest in Asia, known as a "major power tool." This achievement overcame the bottleneck in developing key core components for yaw and pitch systems of large offshore wind turbines in deep and distant seas, filling the gap in domestic high-power offshore wind turbine reducers.

Awarded the title of "National Pilot Demonstration Enterprise for Intellectual Property in Industry."

Approved as the "Enterprise Technology Center" of Ningxia Hui Autonomous Region.

Awarded the title of "Technology Innovation Model Enterprise" by the Ningxia Hui Autonomous Region.

Successfully acquired the bid for 138 acres of land at the southeast corner of the intersection of Wencui South Street and Liupan Mountain Road.

Collaborate with CRRC Zhuzhou Institute, Taiyuan Heavy Industry, and Huayi Wind Energy in business operations, and begin large-scale supply to them.

Shipped 697 units in a single day, setting a new record.

On the occasion of the 100th anniversary of the founding of the Party, to enhance corporate cohesion and combat effectiveness, and to promote mutual exchange and learning among the management team, Weili Transmission organized a team-building activity themed "Understanding the Power of Thought, Drawing Strength from Struggle" in Guyuan City and Liupan Mountain. This event aimed to allow Party members to deeply appreciate the great achievements of revolutionary martyrs and the spirit of the Long March, educating and guiding them to carry forward the revolutionary spirit of hard work, perseverance, and willingness to contribute.

Business cooperation with Mingyang Smart.

Successfully developed the first three-in-one electric drive assembly for electric vehicles.

The "Precision Reducer R&D and Production" project has commenced construction.

The "Precision Reducer R&D Innovation Team" has successfully been selected as a "Technology Innovation Team" in the Ningxia Hui Autonomous Region.

Awarded the title of the first batch of "Innovative Model Enterprises" in the Ningxia Hui Autonomous Region.

Approved as the "Engineering Technology Research Center" of Ningxia Hui Autonomous Region.

Approved as the "Engineering Research Center" of Ningxia Hui Autonomous Region.

Awarded the title of "Leading Demonstration Enterprise in the Manufacturing Industry" in the Ningxia Hui Autonomous Region.

Received the "Quality Management System Certification" issued by the China Quality Certification Center.

Successfully Developed the First Accelerator

Awarded the "May 1st Labor Medal" of the Ningxia Hui Autonomous Region.

Approved as a "Pilot Demonstration Project for Industrial Internet Construction and Application" in Ningxia Hui Autonomous Region in 2022.

Promoted to a Three-Star Party Branch.

Successfully developed a reducer for construction machinery.

Approved as Ningxia Hui Autonomous Region "Industrial Design Center".

The factory at 600 Wencui South Street has been put into operation.

Successfully passed the IATF 16949:2016 automotive industry quality management system certification.

Successfully listed on the Shenzhen Stock Exchange's ChiNext Market (Stock Name: Weili Transmission; Stock Code: 300904).

Establish Shanghai Weizhi New Energy Co., Ltd., focusing on the creation of the entire new energy industry chain.

The labor union organizes the first "Most Beautiful Worker" selection.

Zhang Xuefeng from the Power Transmission Assembly Workshop has been awarded the title of the first "Economic Development Zone Craftsman" in the Economic Development Zone.

The first wind power speed-increasing gearbox Z5503A has passed the Beijing Jianheng certification, obtaining a "pass" to enter the market.

Awarded the title of "New Energy Equipment Industry Chain Leader" in Yinchuan.

The "Wind Power Accelerator Smart Factory" project has commenced construction.

Obtained the CNAS laboratory accreditation certificate.

Shanghai Branch Approved as One of the First "Enterprise Offsite R&D Centers" by the Ningxia Hui Autonomous Region Department of Science and Technology

Awarded as a Four-Star Party Organization, summarizing the company's development journey, and creating the "Party Building Leading Four-Heart Integration" brand.

The Power Transmission Party Branch held a themed party day event in Yan'an, Shaanxi, titled "The Spirit of Yan'an: A New Journey for Power Transmission." By revisiting the magnificent history and engaging in criticism and self-criticism, they aimed to understand the powerful ideology of the Yan'an spirit and let the red gene shine even brighter in the development of enterprises in the new era.

Debuting at the WindEnergy Hamburg in Germany, General Manager Li Xiang led a team to visit and exchange ideas with companies such as GE Vernova, Siemens Gamesa, Enel, and Enercon, while also inspecting the service center located in Hamburg, Germany.

Willy Transmission and Goldwind Technology have officially signed the "Comprehensive Strategic Cooperation Agreement" and the "Product Joint Development Agreement."

Weizhi New Energy has been approved by the Ningxia Hui Autonomous Region Development and Reform Commission and the Agriculture and Rural Affairs Department for a 65MW "Thousand Towns and Villages Wind Action" distributed wind power project.

Signed a framework supply agreement with Germany's Nordex.

The company is fully operating under a group management structure, with Comrade Li Xiang serving as the Chairman of the Group and Comrade Chang Xiaowei as the Group President.

Establish Yinchuang Weili Transmission Co., Ltd.

Implemented the first batch of equity incentive mechanisms, distributing 535,500 shares, with over a hundred key personnel receiving equity incentives.