Woer — Database · China AI Data

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Overview

Shenzhen Woer Heat-Shrinkable Material was founded in 1998 and listed on the Shenzhen Stock Exchange in April 2007. The company specialises in polymer radiation-modified new materials, with more than 2,500 product variants spanning heat-shrink tubing, busbars, cold-shrink cable accessories, cable branch boxes, ring main units, high and low voltage switchgear and high-temperature silicone wires, used across electronics, power, metallurgy, petrochemicals and rail transit. Its subsidiary LTK has moved into high-speed communication cables, taking a position in the copper links (DAC/AEC) used inside AI racks.

4Products 1People 6Company links

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Products

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High-speed copper cable (DAC/AEC)

Copper links up to 224G per lane inside AI racks

Heat-shrinkable material

Tubing, busbar insulation and cable accessories

Cable accessories and switchgear

Cold-shrink accessories, ring main units and switchgear

High-speed cable assembly

Assembled copper cable harnesses for switches and servers

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Highlights

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01H1 2026 revenue of RMB 4.65 billion (+17.9% YoY) and net profit of RMB 567 million (+1.5% YoY), with gross margin at 29.4% and ROE at 6.3%.
02Full-year 2025 revenue of RMB 8.45 billion (+22.0% YoY) with net profit of RMB 1.14 billion (+35.0% YoY).
03Headcount stands at 8,735 with a debt-to-asset ratio of 39.0% - the legacy heat-shrink business still carries most of the profit while cable grows.

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