China Warom Technology Incorporated Company Company News

Booth No.73, 26~28 Oct., OGAV2022, Vung Tau, Vietnam WAROM, your safety partner in hazardous area

13th-15th September 2022, the OGA 2022 was held at the Kuala Lumpur International Convention and Exhibition Center as scheduled after three years' silence. With waiting and expecting, WAROM appeared once again in the OGA and gained great attention and praise from overseas customers and professionals. It make a good beginning for the company's overseas exhibitions in 2022. Malaysia is located in the heart of Southeast Asia and serves as a link between China, India and ASEAN markets. Malaysia OGA is large scale, wide influence in southeast Asia, the high-profile professional exhibitions, oil and gas show attracted well-known enterprises in the global industry offshore drilling, exploration, production and environmental protection technology, gathered from around the world oil and gas industry professionals share the industry cutting-edge technology and products. Affected by the epidemic, there are very few counterpart participating in the exhibition. As the leading brand of Explosion-proof industry in China, many new and old customers have come to visit us after seeing our wonderful appearance. Excited, surprised and can't wait, these words are not enough to describe the situation the meeting of WAROM with customers and partners under the twin towers in KLCC international conference and exhibition center. The three-day exhibition was extremely popular, with merchants from Malaysia, Singapore, Indonesia, Brunei, Vietnam, South Korea, the United Arab Emirates, the United States, Britain and other countries. Our Asia-Pacific Sales Dept. and region agent use their full enthusiasm answer the questions from customers one by one. WAROM Explosion-proof equipment combination custom series is favored by many users, EPC and professionals in the industry, after the on-site demonstration and detailed interpretation of our staff, many customers thumbs up, and immediately expressed the intention of cooperation. Southeast Asia is the focus of "One Belt and One Road" strategy, and it is also an important market area of WAROM. We have always attached great importance to OGA exhibition platform and we have gradually taken this exhibition as one of the main channels for the company to continuously expand the market in Malaysia and even Southeast Asia through years of exhibition effect. In recent years, WAROM has speed up the pace of "going out", actively expand overseas markets, make full use of the "One Belt and One Road" policy advantage, always adhere the local business and localization operation, relying on the company's high-quality products and good reputation, it has gradually established a mature and perfect marketing system and service network in Southeast Asia to provide customers with convenient and efficient systematic one-stop services.

OGA2022, Hall 4-4711, KL convention center Warom waiting for you!   WAROM Your reliable partner in hazardous area !            

Booth No.4711, 13~15 September, OGA2022, KLCC, Malaysia  WAROM, your safety partner in hazardous area

  On August 29, 2022, the inaugural meeting of WAROM Marketing Promotion Association was held in the company. The conference clarified the purpose of "market research, situation analysis, research marketing strategy, providing feasible suggestions, learning together, sharing resources, helping each other, solidarity and cooperation, innovative development", conforming to market trends, catering to market needs, and giving full play to synergy, opened a new page for promoting the high-quality development of WAROM.     The conference reviewed and approved the constitution and election methods of WAROM Marketing Promotion Association, voted by the working rules of the council, rules on the use of funds and other institutional documents, and elected the chairman of the first council, rotating chairman, chairman of the board of supervisors, and secretary-general of the promotion association, the Minister of Finance and other relevant persons in charge of the office, formed the first working team of the Promotion Association, and issued a membership appointment letter.   Mr. Fang Cunxian (the council's chairman), said the major challenges facing the economic situation at home and abroad under the background and the increasingly fierce competition in the market, we set up WAROM Marketing Promotion Association. I this way, it's easy to organize, target, and support the promotion of explosion-proof marketing with factories, which is a great practical significance of stimulating innovation momentum, expanding the market, and driving the growth of business.   Mr.Ye Jiancheng(the council's rotating President) stressed that WAROM Marketing Association for the advancement of the establishment of the message is to change the market competition environment, establish and improve information feedback and resource sharing mechanism, forming a high-speed access, to feedback the marketing a line of information quickly reached a consensus, to strengthen our service for the big projects and team support capability.   Mr. Chen Jianxin (Secretary-General of the Council), summed up all the speeches. He said that the first council of the Association will hold itself to higher and stricter standards, establish a correct view on justice and interests, grasp the new situation, seize new opportunities and create new achievements through win-win cooperation.   Mrs. Yang Li(Minister of Finance of the Council), said that she will do her best to manage and use the "money bag" well, use funds scientifically and reasonably in strict accordance with the "Rules for the Use of Funds of WAROM Marketing Promotion Association", and use the money wisely. Finally, how to carry out the work of the marketing promotion association in the future, the council supervisor Mr. Li Jiang put forward the hope. Mr. Li encouraged all members of the association to establish a sense of crisis and correctly evaluate the current situation. To have a sense of competition, work hard to start a business, enhance the company's confidence and perseverance; To have a sense of responsibility, to shoulder the responsibility of WAROM business construction, always maintain the company's leading position in the industry.   The establishment of WAROM Marketing Promotion Association provides a platform for the company and business developers to share information resources, deepens the feelings between the members of the council, strengthens everyone's cooperation, communication and collaborative combat capabilities, which has played a role in improving the company's performance.  

OGA 2022 will be held in Convention Centre, Kuala Lumpur, Malaysia. It is a sister show to OTC Houston, USA, and is another international event held in Asia. More than 1,000 oil, gas and energy companies from Malaysia, Thailand, Singapore, Indonesia, Vietnam, Myanmar, China, the Philippines, India and other parts of the world are participating. Warom will also be attending, looking forward to your visit!    Exhibition: Oil and Gas Asia 2022 Date : September13th-15th, 2022 Address : Kuala Lumpur Convention Centre, Malaysia Booth No. : Hall 4-4711  

Few days ago, a good news from Warom Foreign Trade Center: the company has completed the 100% high-quality performance of the explosion-proof equipment order for the Dangote Oil Refinery Project in Nigeria in the West African market along the “Belt and Road”, and the contract payment for the project has been nearly 15 million US dollars in full back to the cage. This is the largest contract value export project signed by Warom overseas market in recent years, and it is also the world's largest single projects supply order for explosion-proof electrical appliance.   Nigeria is Africa's largest economy, largest population and largest crude oil exporter. It is also an important partner of China-Africa joint construction of "The Belt and Road". DPRP (Dangote Project) is an oil refinery project of the Dangote Group under Mr. Dangote, the richest man in Africa. It is located in the Lekki Free Trade Zone, a modern Lingang New City in Nigeria, with a total investment of 19 billion US dollars. It will be built into a comprehensive complex about the largest single-line processing capacity of the world Refining plant. The project is scheduled to be officially put into operation in 2023, and Warom will continue to provide it with after-sales service and technical support to ensure the safe operation of the refinery. In recent years, Warom has taken the national “One Belt and Road” construction as an opportunity, actively “goes out and invites in”, deeply implemented the globalization strategy, showing its talents in the international market. Africa has always been an important market for Warom along the "One Belt and Road". We have frequently participated in top professional exhibitions to show Warom's brand image to overseas users. In June 2018, the company received an invitation to bid for the Dangote project in Nigeria. Our foreign trade center immediately selected excellent staff to set up a bidding project team, communicated and negotiated with customers for many times, and actively organized project planning, through the unremitting efforts of our foreign trade marketing team, and relying on Warom's excellent technical advantages, strong manufacturing strength and high-quality product quality, we successfully defeated many competitors and won the bid at the end of 2018. As a big country in West Africa, Nigeria has a rapid economic development and intense competition in the domestic market, the requirements for product quality and construction period are extremely strict, and it also puts forward high requirements for after-sales service. Through the sales team's efforts and relying on the excellent technical advantages, strong manufacturing strength and high-quality product quality, Warom finally won the bid at the end of 2018. In February 2019, Warom held the KOM meeting successfully with the owner (Dangote Group) and the design unit (EIL in India), the contract performance had officially begun with this. We fully take into account of the high-standard product use requirements on the project site, we finally obtained the approval of owner and the design unit with the optimal product technical solution after repeated discussions with them. After the design scheme is determined, Warom starts the comprehensive production of explosion-proof and weather-proof products required by the project. We are producing in the face of COVID-19, uses the "Intelligent Collaborative Management Platform" to strengthen the interconnection between production execution and product data. Finally we send out the last 9 containers in 8th of Apr. at the time of epidemic broke out and the region remained silent in Shanghai. After Warom products arrived at the project site one after another, our technical always stand by for conducted product installation guidance and exchanges with the project construction party (CNCEC) through video conferences, remote assistance and other methods. Now all batches of explosion-proof and weather-proof electrical appliances of us have passed the on-site functional test and have been put into daily use. Warom's product quality and technical services have been highly recognized by customers. The Dangote Oil Refinery Project in Nigeria has provided Warom with rich experience in the "The Belt and Road" and even the global market. In the future, Warom will continue to lead the industry to build a top Chinese explosion-proof brand with international influence, and be the most reliable security system service provider of hazardous environment.  

On the morning of June 9, 2022, Zhou Wenjie (Deputy Secretary of District Committee) and other leaders visited Warom to understand the situation of epidemic prevention and control, resumption of work and production. Accompanied by Zheng Xiaorong (Secretary to the Chairman of Warom), Mr. Zhou and other leaders inspected the production status of the workshop and products in the exhibition hall, and inquired about the difficulties and suggestions in the resumption of work and production.   Mr. Zhou acknowledged WAROM's achievements in bucking the trend during the epidemic. He reminds us that enterprises should continue to strengthen the string of epidemic prevention and control. And hopes that enterprises will give full play to their role as the basic force to stabilize the economy, enterprises and the market, and make new contributions to the recovery and revitalization of the regional economy.   Before leaving, Mr. Zhou transferred Warom the relevant support policies. Mr. Zheng expressed our heartfelt thanks to the district and town Party Committee and government for their strong support to Warom all the time, especially for the series of policies to help enterprises launched during the resumption of work and production. Mr. Shen Xiaofeng (Deputy Director of Jiading District Committee), Mrs. Zhang Jingping (Deputy Director of Jiading Economic Committee) , Mr. Xu Hongbin (Deputy Secretary of The Party Committee of the Town) accompanied by visiting and investigating.

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.   Time never waits and flows in a snap…… On May 24 2022, “Warom Shares”are celebrating the fifth anniversary of its IPO. 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.         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.   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.   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.     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.     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". 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.       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.       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.       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.

On the afternoon of May 9th, 2022, Gao Xiang (Mayor of Jiading District), Zong Bin (Deputy Director of the Standing Committee of the District People's Congress) and other leaders visited Warom to investigate and guide the company's epidemic prevention and control and work safety. Lou Qingmei (Secretary of the Party Committee of Xuhang Town), Shao Gang (Mayor of Xuhang Town), and Chen Feng (Deputy Mayor of Xuhang Town), accompanied the investigation.   As the person in charge of the company's site, Mr. Zheng Xiaorong (Secretary to the Chairman), made a detailed report on the epidemic prevention and control work. As of today, the nucleic acid screening of more than 1,700 employees of the company has all been negative, achieving an "epidemic-free factory"; at the same time, the company has successfully completed a number of major national projects and the military's supply guarantee tasks, creating a single-month record high performance in March and April Operating performance increased by 5% year-on-year, and the company's revenue is expected to maintain a 30% growth throughout the year.   Mr. Gao said that the current epidemic prevention and control situation in Shanghai has achieved phased results, but the epidemic prevention and control is still severe, and the prevention and control work is in a critical period of continuous tackling. Always maintain perseverance and concentration. At the same time, relevant departments should understand and solve the actual difficulties of enterprises in a timely manner, and do a good job in service guarantee. Mr. Gao emphasized that enterprises should consolidate their main responsibilities, improve their awareness of epidemic prevention and control, implement site-by-division and classification management and control, do a good job in safety production and emergency response plans, and build a strong epidemic prevention safety wall.   During the investigation, the district leaders sent the company anti-epidemic materials such as traditional Chinese medicine instead of tea and drugs, fully recognized the company's work in epidemic prevention and control and resumption of work and production, and spoke highly of the company's performance against the trend in epidemic prevention and control.