WUHAN MARINE MACHINERY PLANT CO., LTD.( WMMP )

Wuhan Marine Machinery Factory, founded in 1958, is a key supporting enterprise of China State Shipbuilding Corporation（CSSC）. At the end of 2003, it was restructured and renamed Wuhan Marine Machinery Plant Co., Ltd. The company covers an area of 1.08 million square meters, employs over 2,000 people, has registered capital of 3 billion RMB, and total assets exceeding 10 billion RMB. After more than 60 years of sustained and stable development, the company has established a comprehensive business model integrating the research, production, sales, and service of large-scale complete equipment sets, focusing on the military, integrating military and civilian sectors, and developing a multi-faceted business model. Its products cover defense equipment, transportation and logistics, energy equipment, and welding materials, among other fields. Its naval equipment business is a leading position in the domestic industry, making it both a key force in China's defense equipment development and a flagship enterprise in the domestic civilian shipbuilding sector.

As a leading domestic equipment supplier for civilian vessels, the company has long been engaged in the development and production of special auxiliary machineries for marine applications. It is equipped with comprehensive specialized supply capabilities across a wide range of categories and offers complete system integration solutions. Its production and operation scale consistently leads its domestic peers, serving major shipyards and shipowners both domestically and internationally. Targeting both domestic and international markets, the company has comprehensively developed its offshore equipment business, encompassing five major product lines: deck and towing systems, offshore lifting equipment, propulsion and dynamic positioning systems, liquid cargo handling systems, and platform jacking systems. With core capabilities for equipment from research&development to system integration and EPC for multi-functional support platforms, the company has established a dominant position in the offshore equipment sector. The company is actively developing its application industries, achieving significant growth in welding materials, port lifting equipment, bridge products, hydropower equipment, and gas turbines. The company has invested in and built a large-scale modern equipment manufacturing base in Qingdao and has become a major domestic port equipment manufacturer. Its subsidiary, Wuhan Tiemao Welding Materials Co., Ltd., is a major domestic manufacturer of specialty welding materials, leading the industry in both scale and overall strength. The company is dedicated to developing functional components for bridges and large steel structures, boasting world-class R&D and design capabilities and specialized production capabilities. Its cable saddles, cable clamps, bridge bearings, and seismic isolation products are widely used in high-speed rail, bridge construction, and other fields.

The company is equipped with strong production capabilities, and first-class plant facilities and technical equipment. This includes the systematic processing capabilities for a wide range of large, special-shaped, and complex precision components, as well as the core manufacturing, assembly, and testing of complete equipment. Equipped with comprehensive scientific research and testing facilities and technical testing equipment, the company is able to meet the development and production requirements of various large-scale complete sets of equipment. Targeting the development of high-end equipment, the company is deeply promoting the integration of industrialization and informatization, striving to create industry-leading digital workshops. This has comprehensively enhanced the company's intelligent manufacturing capabilities and the level of intelligent product intelligence, making it the first shipbuilding equipment supplier to be recognized among the "Top Ten Technological Advances in China's Intelligent Manufacturing."

The company is a nationally recognized high-tech enterprise with a technical R&D team of nearly 700 people, with PhDs as the core and masters as the main body. It has established a complete technological innovation system and advanced R&D and design platform. It has successively passed the National Recognition Enterprise Technology Center and the National Engineering Research Center for Ship Engineering Electromechanical Equipment, and was approved to establish a postdoctoral research workstation. It has undertaken a large number of national scientific research projects including the National 863 Project, National Major Scientific Research Special Projects, and National Key New Products. The development of major products has always kept pace with the development of international advanced technologies. Many research and development results have filled domestic gaps and reached international advanced levels.

The company firmly upholds a customer-centric service philosophy and strives to build a global marketing and service network. It has established a comprehensive marketing and after-sales service system, possesses a fast and efficient market and service response capability, and is dedicated to providing users with the highest-quality products and services. By comprehensively utilizing intelligent technologies such as product health monitoring, remote monitoring, and diagnostics, the company has established and continuously improved a technical support and service system for the entire product lifecycle, accelerating its transformation from a product supplier to a service provider.

As a key production factor, the company boasts management advantages that are ahead of its peers. By continuously strengthening its systems and promoting refined management, it has established a comprehensive modern management system across all aspects of the enterprise. Adhering to the strategy of governing through systems and strengthening through culture, the company strengthens its corporate culture, actively cultivates and practices its core values of "Three Qualities and Three Hearts," and leverages its cultural soft power to enhance its core competitiveness. The company considers talent its primary resource and boasts an excellent workforce. By establishing and continuously improving its talent recruitment, training, and incentive mechanisms, the company has built a strong platform for attracting, gathering, and cultivating high-end talent.

Looking to the future, the company will always take building an industry-leading, world-class modern enterprise as its vision, high-quality development as its theme, inheritance and cooperation as its foundation, strengthening technological innovation and improving technical management as its focus, focusing on upgrading finalized products and increasing market share, focusing on high-quality delivery of newly developed products and promoting industrial applications, focusing on building engineering general contracting capabilities, and striving to achieve the transformation from production-oriented manufacturing to R&D-oriented manufacturing, and working tirelessly to fulfill its mission of serving national defense, leading the industry, and contributing to society.