October 10, 2017, Wuxi Weitang Industrial Technology Co., Ltd. successfully listed on the Growth Enterprise Market of the Shenzhen Stock Exchange, with stock code 300707. The company issued 19.65 million shares, raising 296.5185 million yuan in funds, becoming a Growth Enterprise Market-listed company primarily engaged in automotive stamping molds.
Weitang Industry is one of the domestic companies specializing in the design, research and development, and manufacturing of automotive stamping dies. Our products are primarily sold to manufacturing-advanced countries such as the United States, Canada, and Germany, where the technology and complexity of stamping die products are relatively high. Through years of market expansion and the accumulation of brand reputation, with our stable product quality and continuously improving multi-directional service system, our products have established strong market competitiveness within the industry.
In 2020, Weitang Industrial kept pace with the trend of Industry 4.0 and intelligent manufacturing upgrades, striving to create an integrated intelligent manufacturing operation system that encompasses equipment perception, lean manufacturing, and intelligent decision-making. The company aims to become a world-class automotive stamping mold enterprise. By introducing the Fangtian Software Mold ERP+MES intelligent manufacturing system software, Weitang Industrial achieved system, equipment, and human-machine interconnectivity through the construction of the Fangtian Smart Factory. This enabled process-level intelligent planning and execution, laying a solid foundation for the company's digital transformation.
At the recent project launch conference, the members of the Weitang Industrial project team are extremely excited about the upcoming Fangtian Mold ERP+MES Intelligent Manufacturing Project. The strategic partnership between Weitang and Fangtian is a steadfast choice for both parties as their chosen partner. The significance of this strategic collaboration lies in leading the digital transformation and upgrade of the stamping mold industry, setting new industry benchmarks, and contributing both wisdom and strength. The project team must unify their thoughts, shift their mindset, implement details, and face challenges without fear, advancing the implementation of all project activities according to the planned scheme.
Digitalization is the trend of the times, and the "Intelligent Factory Overall Solution" by Fangtian is a crucial tool for enterprises to achieve digital manufacturing and provide management transformation. We believe that both teams can create a "system" that integrates new-generation information technology with manufacturing technology, setting industry benchmarks and leading the development of the stamping mold industry.
