Founded in 1987, Powerway is a state key high-tech enterprise group which is specialized in manufacturing, researching and developing various nonferrous alloy wires, rods , bars & EDM as well as mining and varies investment .
Powerway has developed into a group with six manufacturing-type subsidiary companies: Ningbo Powerway Alloy Materials Co., Ltd, Ningbo Powermetal Industry Co., Ltd, Ningbo Powerway Materialise Co., Ltd, Powerway Group (Vietnam) Co., Ltd, Ningbo Powerway Group Investment Co., Ltd and Ningbo Yongling precision machine manufacturing Co., Ltd. Moreover, Powerway has eight distribution branches in Shanghai, Xiamen, Shenzhen, Wenzhou, Kunshan, and so on. .Powerway, which has been engaged in the R&D of nonferrous alloy materials and related field of investment , provides more than 2,500 world-wide renowned companies with environmentally friendly, substitute and functional materials as well as services.
Powerway, which currently has Powerway alloy Industrial Zone, Materialise Industrial Zone and Powerway (Vietnam) Industrial Zone, owns a total floor area of 450 thousand square meters, an asset over 3 billion RMB and more than 2,800 employees including 380 technical engineers.
Powerway currently has eight product series, namely brass series, copper-nickel series, red copper series, bronze series, brazing material series, EDM wire series and special alloy series covering nearly 100 types of wires, bars, brazing materials and slow-feeding cutting wires with different sectional shapes and specifications from 0.5mm to 120mm. Powerway provides specialized products and services for more than 100 trades. Meanwhile, prospecting, mining and financial investing are operated by the professional team under Ningbo Powerway Group Investment Co., Ltd.
With continuous efforts of Powerway people and customers, Powerway is awarded many honors such as "National Enterprise Technical Center", "National Key High-tech Enterprise", one of "First 93 National Innovative Enterprise", "Excellent Private Enterprises in Science and Technology in China", "Model Enterprise for Informatization", etc. With 2 international invention patents, 14 state invention patents and 4 other patents, Powerway undertakes several state "Torch Plan" projects and state technical innovation projects. Powerway has been certified to be an AAA enterprise in bank creditworthiness for successive 16 years. Enjoying a leading position in the trade, Powerway is responsible for establishing and revising standards on state alloy wire and high-precision copper bar. In addition, the high-tech projects that the company is developing include the key technical projects in the state "Eleventh Five-Year Plan".
Powerway has established a complete management system covering all categories such as strategy, finance, human resources, operation etc. At the same time, Powerway started enterprise culture construction in the late 1990s and obtained a complete enterprise culture management system in 2004. Powerway is certified by the 2000 version of ISO9001 quality management system from SGS in 2001. In 2007, Powerway established a service center to promote its integral service capability. In 2008, Powerway introduced the world top SAP system to carry out informatization management in an all-around way.Upholding the business philosophy of “beyond yourself, pursue excellence”. Powerway is committed to be a trusted and respected investment holding company that holds interests in leading enterprises in the copper alloy and the related field of investment.