Weihai Guangwei Group Co., Ltd. was founded in November 1987 and is now located at No. 307, Wenhua West Road, Torch High-tech Industrial Development Zone, Weihai City, Shandong Province. The company adheres to the corporate philosophy of rewarding diligence by nature and people-oriented, and adheres to the original belief of contributing to national defense and serving the country through industry. It has formed an industrial cluster centered on outdoor fishing tackle, carbon fiber and composite materials, and green, low-carbon, environmentally-friendly manufacturing, and continues to innovate and develop. It 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, with 3,500 employees.

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

With reliable product quality and high corporate reputation, the company has passed a number of certifications including the international ISO quality and environment integrated management system. It is an enterprise in the industry that has been approved as "Carbon Fiber National Engineering Laboratory" and recognized as "China Well-known Trademark". . The company presided over the drafting of "fishing rods" and "carbon fiber" industry and national standards, and successively won the title of "National High-tech Industrialization Ten-Year Achievement Award" and "Top Ten Enterprises in China's Light Industry Sporting Goods Industry".

The group company always takes the development of national brands and assumes social responsibility as its own responsibility, and actively organizes and participates in social welfare activities with the theme of natural environmental protection at home and abroad, and takes practical actions to promote harmony and nature, and retain the clear water and blue sky.