Chasing Dreams Among the Stars and Oceans ▏Wanan Selected as a “2025 Zhejiang Business Enterprise Internationalization Benchmark”

Release time:

2026-03-18

Listen to the roar of the tide, explore its direction, strategize and plan, and boldly take the lead! On the morning of March 18, the 2025 Zhejiang Entrepreneurs Annual Thematic Conference was held at the Zhejiang Provincial People’s Hall. Hosted by the Zhejiang Entrepreneurs Association, the conference brought together more than 600 representatives of Zhejiang entrepreneurs from around the world, who came together to share their hometown ties, seize shared opportunities, and jointly chart a course for even greater development.

During the event, several prestigious rankings were officially unveiled, including the “2025 Zhejiang Business Enterprise Internationalization Benchmark” and the “2025 Zhejiang Business Enterprise Green Development Benchmark,” which vividly highlight the proactive efforts of Zhejiang entrepreneurs in recent years to pursue global market opportunities while steadfastly embracing technological innovation and sustainable development. Thanks to its robust initiatives in technological innovation and overseas expansion, Wan’an Group was recognized alongside other leading enterprises such as Transfar, Huali, Shengao, Tongkun, and Xinfengming, earning a place on the “2025 Zhejiang Business Enterprise Internationalization Benchmark” list. Chen Jiang, Chairman of the Group’s Board of Directors, was invited to the stage to receive the award.

As a member of the Zhejiang business community, Wan’an Group has consistently upheld the mission of “creating products for society and building industries for the nation.” Grounded in artisanal dedication and driven by innovation, the company has forged a distinctive path of development on its journey toward global expansion. In terms of core business growth, the automotive components segment posted double-digit revenue growth in 2025, surpassing RMB 5 billion for the first time to reach an all-time high, while non-GAAP net profit has achieved high double-digit growth for five consecutive years. On the front of technological innovation, the company has proactively strengthened top-level design, collaborating with internationally renowned firms such as Haldex and Witricity to systematically develop forward-looking technologies—including wireless charging and electro-mechanical braking (EMB)—as early as a decade ago, thereby achieving world-leading advancements in both technology transfer and industrial application. Globally, Wan’an has established a European R&D center in Hungary and built manufacturing facilities in Mexico and Morocco, successfully transitioning from product export to technology export. In serving customers at home and abroad, the company pursues a dual strategy of “going global” and “integrating locally,” leveraging reliable quality and highly efficient response capabilities. Beyond fully covering China’s mainstream automakers, it has also forged close partnerships with international giants such as Daimler, Scania, BMW, Volkswagen, and BYD, deeply embedding itself in the global automotive supply chain.

“Corporate internationalization is not simply about selling products worldwide; it is about globally optimizing the allocation of resources to build unparalleled competitive advantage, drive greater value creation, and support both the enterprise’s own sustainable growth and the industry’s transformation toward higher-quality development,” said Chairman Chen Jiang. “Wanan has a 40-year entrepreneurial journey behind us, having navigated economic cycles of boom and bust. In today’s highly intense competition, only by staying laser-focused on our core business and refining and perfecting our products can we find a solid foothold for sustainable growth. Internationalization is like venturing into the vast expanse of the stars and the sea—brimming with both formidable challenges and abundant opportunities. As a Zhejiang-based enterprise, we must strive to be true pioneers of our era, maintaining unwavering confidence and steadfast resolve while rigorously managing risks.”

Being selected as a “2025 Sample of Internationalized Zhejiang Enterprises” is a profound recognition by the Zhejiang Entrepreneurs Association of Wan’an’s steadfast commitment over the years to technological innovation and a global expansion strategy. Looking ahead, Wan’an will remain firmly focused on its goal of becoming a globally renowned brand in the automotive components sector, leveraging cutting-edge technologies, delivering superior products, and adopting a more open and inclusive approach to further expand its footprint and pursue ambitious growth. In doing so, Wan’an aims to help China’s automotive industry advance to a higher level of internationalization and to make a positive contribution to showcasing the strength and dynamism of the Zhejiang business community on the global stage.