Feb. 23 at 3:19 PM
$WRMA let’s get this merger done, Minghong.
Sichuan Minghong Vehicle Manufacturing Co., Ltd., often branded as Minghong Vehicle, is a Chinese manufacturer specializing in electric mobility solutions. It operates on a sprawling campus exceeding 200,000 square meters and employs over 600 staff, including 50 technicians and 50 management personnel. Minghong claims an annual production capacity of around 120,000 vehicles, positioning it as a mid-tier player in China’s electric vehicle ecosystem.
As a private entity, Minghong’s exact financials are not publicly disclosed, but based on its production scale and typical pricing for electric tricycles and bikes (averaging
$800-1,500 per unit), annual revenue is estimated at
$100-150 million.
For potential valuation in the context of a merger with Wiremedia, Inc. (WRMA), the post-merger entity could command a market cap of
$100-250 million—adjusted for Minghong’s size and the market’s projected CAGR of over 22% through 2033.
