5th Anniversary Celebration for Warom IPO
UPDATE : 2022/05/24

Exploit and Innovate to Seek Development, Forge ahead to Create Brilliance. Warmly Celebrate the 5th anniversary of Warom Technology Incorporated Company’s Successful IPO on the Main Board of Shanghai Stock Exchange.

May 24, 2017 is a day to remember -- Warom Technology Incorporated Company was listed on the Shanghai Stock Exchange (Main Board) (Stock abbreviated as "Warom  Shares" and stock code: 603855). It has embarked on a new journey of steady, innovative and high-quality development.


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Time never waits and flows in a snap……

On May 24 2022, “Warom Shares”are celebrating the fifth anniversary of its IPO.

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Since listed five years ago, in the face of complex and changeful external environment and increasingly fierce competition, Warom insists on the development tone of "seek improvement in stability". Warom always consolidates internal strength, focuses on the industry, improves main business and persues pragmatic innovation. Warom is concentrating on he three fields including Explosion-proof Electrical Equipment, Electrical Energy and Professional Lighting while Warom is penetrating and developing in new fields such as Military Industry, Nuclear Power, Marine Engineering and Photovoltaic (pv), etc. Also, Warom is “skillful in dancing with long sleeves” in the international market and has made a great breakthrough with global layout. Warom’s Business performance has hit a record high year after year by internally strengthening management and externally expanding market. Enterprise reform has been deepened and solidified, corporate governance has been constantly standardized and efficient, the role of the capital market has been fully brought into play, and the protection of investors' rights and interests has been strengthened. All these demonstrate the strong driving force for sustainable development.


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The company's operating revenue increased from 1.2 billion yuan at the beginning of listing to 3.027 billion yuan in year 2021, an increase of 152.25%. Net profit attributable to shareholders of listed companies rose from 113 million yuan at the beginning of listing to 381 million yuan in year 2021, an increase of 237.17%. The company awarded "China's Top 100 High Growth Enterprises Award" of 2021 China's Most Growing Listed Companies.

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The more you know, the more certainly when you do.  In the past five years, Warom has continuously improved the quality of its products and services, and developed a unique road to become a strong brand enterprise to keep the leading position in the domestic industry and ranks among the top three in the global industry.

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The company uses the dual wheel drive of industry and capital to accelerate the implementation of operation strategies including localization of international strategy, base of industrial strategy, intellectualization of product strategy, customization of service strategy, and has set up branches and agents in more than 50 countries and regions around the world.  It has become the network qualified supplier for well-known large enterprises domestically and abroad, such as Petrochina, SINOPEC, CNOOC, State Grid, BP, Shell, FLUOR, BASF, TotalEnergies, TECHNIPENERGIES, etc.  At the same time, the company has passed CCC, CE/ATEX, IECEx, UL, CU TR and INMETRO quality standards certification, and obtained CNAS laboratory issued by China National Accreditation Committee for Conformity Assessment, laying a solid foundation for high-quality development of the enterprise.

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The company uses the dual wheel drive of industry and capital to accelerate the implementation of operation strategies including localization of international strategy, base of industrial strategy, intellectualization of product strategy, customization of service strategy, and has set up branches and agents in more than 50 countries and regions around the world.  It has become the network qualified supplier for well-known large enterprises domestically and abroad, such as Petrochina, SINOPEC, CNOOC, State Grid, BP, Shell, FLUOR, BASF, TotalEnergies, TECHNIPENERGIES, etc.  At the same time, the company has passed CCC, CE/ATEX, IECEx, UL, CU TR and INMETRO quality standards certification, and obtained CNAS laboratory issued by China National Accreditation Committee for Conformity Assessment, laying a solid foundation for high-quality development of the enterprise.


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In order to effectively maintain the leading edge in technology, the company has increased research and development efforts, and every year devoted a huge amount of funds for research and development investment, forming a series of independently developed and competitive innovative technologies and products.  The "SCS Safety Intelligent Control System" independently developed by the company has the advantages of intelligent energy saving, remote control, intelligence and efficiency. It has been applied for more than ten customers such as Shenhua Ningxia Coal Industry Group Co., Ltd, Zhenhai Refining and Chemical, Yangzi Petrochemical, Shanghai Petrochemical, etc. The business model of platform + terminal products will bring new business increment to the company.  "Offshore Helicopter Platform Landing Signal Indicating System" with independent intellectual property rights has broken foreign monopoly and filled the gap in this field of China. It has been certified as "Shanghai Brand".  The nuclear grade lighting products jointly developed with CNNC passed the professional achievement appraisal of radiation resistance and earthquake resistance of nuclear island plant, and were listed as "patent industrialization Project" and "Key Government Product Quality Achievement Project".

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Constant exploration and go steadily and far.  In the past five years since its listing, Warom has accelerated its transformation from a product manufacturer to an international system service provider, and is committed to promoting brand building and deepening brand connotation.  With steady performance growth, efficient operation capacity and strong development potential, the brand value continues to improve and has won the "China Export Quality and Safety Demonstration Enterprise", national "Green Factory", "Shanghai High-tech Enterprise", "Shanghai Civilized Unit" and other honorary titles.


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The company is actively engaged in the service of major projects domestically and abroad. No matter in the Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta, Beijing-Tianjin-Hebei and other domestic major rivers and regions, or the countries and regions along the "Belt and Road", the company has fully integrated into the national strategy and actively assisted projects such as Xichang/Wenchang Satellite Launch Base Project, the "Blue Whale" 1 Combustible Ice in the Mining Project, the South China Sea Reef Construction Project, Nuclear Lake Kasumigaura Demonstration Project, Zhoushan National Oil Reserve Base Expansion Project, Shandong Qingdao Essence Electricity for 200 MW Photovoltaic Power Generation Project, Hong Kong-Zhuhai-Macao Bridge “Deep Kiss ”, Russia AGPP Project, Kazakhstan Atrau Refinering Project, King Salman International Complex for Maritime Industries and Services Project in Saudi Arabia, Dangote Oil Refining Project in Nigeria, Shell and BP Joint Liquefaction Collapse Station Project, Chemicals and Refining Integrated Singapore Project (CRISP), etc. Warom provide security guarantee for these projects, making WAROM become a shining Chinese brand on the world stage.


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Hundreds of boats contend, the vigorous one goes first; Thousands of sails compete, brave one wins.  Facing the future, Warom Shares will inherit and surpass, innovate and develop, and go along with customers, investors, partners and friends from all walks of life who care and help Warom cause in the great journey of creating a century-old business.  Looking forward to the future, in the new development pattern in which the major domestic cycle is the main body and the double domestic and international cycles promote each other, Warom Shares will accelerate the strategic layout of globalization, and with a high and vigorous attitude to be an Industry Pioneer, Create a World Brand.


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On the occasion of the fifth anniversary of Warom's listing, Mr. Hu Zhirong, chairman of the board, Mr. Li Jiang, general manager of Warom, and all the staff would like to express our sincere thanks to our customers, investors, partners and friends from all walks of life for their trust and support.  We sincerely hope that you and Warom will go hand in hand to create brilliance.