Weihai Guangwei Group Co., Ltd. (Guangwei) was founded in November 1987 and is now located at No. 307, Wenhua West Road, Torch Hi-tech Industry Development Zone, Weihai, Shandong. The company adheres to the enterprise governance philosophy of “God helps those who help themselves & Being people-oriented” and adheres to the original belief of contributing to national defense and returning the country through industry. It has formed an industrial cluster centering on outdoor fishing tackles, carbon fiber and composite materials, green and low-carbon environment-friendly manufacturing; and continuously made innovation for development. Guangwei has become an important member of the world’s fishing tackle production field and a comprehensive high-tech enterprise for the development of the entire carbon fiber industry chain. It employs 3,500 people.

The company's fishing tackle products are exported to 64 countries and regions in the world, and Guangwei has long occupied the commanding heights in the development and production of high-tech new materials, carbon fiber and woven fabrics, carbon fiber and glass fiber prepreg, and carbon fiber composite materials. In 2017, Guangwei (300699) was successfully listed on the A-share market and entered the capital market.