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Formerly | Zhejiang Wanma Cable |
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Company type | Public |
Founder | Zhang Desheng[1] |
Headquarters | Lin'an District, Hangzhou , China |
Owner | Wanma Group (35.4123%)[2] |
Website | http://www.wanma-cable.cn |
Zhejiang Wanma Co., Ltd. | |||
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Simplified Chinese | 浙江万马股份有限公司 | ||
Traditional Chinese | 浙江萬馬股份有限公司 | ||
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Alternative Chinese name | |||
Simplified Chinese | 万马股份 | ||
Traditional Chinese | 萬馬股份 | ||
Literal meaning | Myria-Horse Share | ||
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Zhejiang Wanma Co., Ltd. is a Chinese manufacturer of electricity transmission line. Wanma became a listed company since 2009.[3][4] Zhejiang Wanma was a constituent of SZSE 100 Index,[5] but was removed in January 2017.[6][7] As of 4 July 2017[update], it was a constituent of SZSE 200 Index (mid cap index).[8] The firm manufactured electricity transmission line and distribution network. In 2017,it formed a joint venture in rental business of electricity-powered logistics vehicles.[9] Zhang Desheng—via his non wholly owned investment vehicle Zhejiang Wanma Group—owned 35.4123% shares.[2] He also owned 1.1276% directly; his daughter, 0.9166%.[2] Wanma Technology (SZSE: 300698) started its own initial public offering in 2017. Immediately after the IPO, Zhang Desheng, owned 30.750% shares directly, as the largest shareholder of that company.[10] Wanma Group was a sponsor of a Zhejiang basketball team.