Broad-Ocean Motor

Zhongshan Broad-Ocean Motor Co., Ltd. (abbreviation: Broad-Ocean Motor, stock code: 002249), located in Zhongshan City, Guangdong Province, by the coast of the South China Sea, was founded in 1994. After more than 20 years of development and accumulation, the company currently has a registered capital of 2.365 billion yuan and a market value of over 20 billion yuan, becoming a high-tech enterprise integrating independent "R&D, production, manufacturing, and marketing" of home appliance and home appliance motors, new energy vehicle power train systems, and vehicle rotating electrical machines. The company's own brand "Broad-Ocean Motor" has developed into a well-known trademark and export brand in Guangdong Province. Meanwhile, through mergers and acquisitions, it has obtained the permanent free use right of the century-old international brand "Prestolite". The company has established a motor laboratory certified by UL (Underwriters Laboratories) in the United States, and also owns two national-level laboratories: the Broad-Ocean Motor Electric Drive Laboratory of the National Engineering Laboratory for Electric Vehicles and the National and Local Joint Engineering Laboratory. It has set up a post-doctoral workstation as a platform for introducing senior technical and management talents. Currently, it has more than 30 holding and participating companies, including several wholly-owned subsidiaries in the United States (including Prestolite Electric Inc.) and one wholly-owned subsidiary in Australia. It has an annual production capacity of approximately 80 million sets of home appliance and home appliance motors, 15,000 sets of new energy vehicle power train systems, and 5 million vehicle rotating electrical machines. As one of the backbone enterprises in the home appliance and home appliance motor, new energy vehicle power train system, and vehicle rotating electrical machine industries in China and even globally, Broad-Ocean Motor has established its leading position in the industry with exquisite technology, high-quality products, and excellent performance. The company has passed ISO9001, ISO14001, and ISO/TS16949 quality and environmental management system certifications. All products have passed CCC certification, and exported products have passed UL, CSA, VDE, TUV, CE, and other certifications. As of the end of 2014, it had over 1,000 authorized patents and over 150 registered trademarks. The company's products are exported to more than 40 countries and regions across five continents, and it has established good cooperative partnerships with well-known domestic and international brands and Fortune 500 companies. At present, the company is in the stage of industrial transformation and upgrading and rapid development of new industries. By upgrading the motor and its application industries, it is gradually broadening its product line to create broader development space; by accelerating capital operation, implementing expansion strategies, and promoting internationalization, it effectively utilizes global resources and allocates them reasonably and efficiently, enhancing the company's brand image. The goal is to develop Broad-Ocean Motor into a globally excellent electric drive system supplier and one of the most competitive R&D and production bases for drive system products, realizing the vision "Broad-Ocean Motor, rotating the earth".