Development History


Shandong WIT Intelligent Technology Co., Ltd. (referred to as "WIT Intelligent") originated from Shandong University. Leveraging the technical advantages of the university, it has gradually transformed from a traditional environmental protection engineering enterprise into an integrated service provider of intelligent high-end equipment. After more than two decades of development, it can be divided into four core stages. Each stage focuses on technological, business, and model innovations to achieve targeted innovations, gradually consolidating its industry position. The following is a detailed summary.

1. Company Origin

The company originated from Shandong University (It ranks 339th globally in 2025 and is a world-class university), which was established in 1991. It emerged from a university research platform and possesses a profound research background and technical heritage.

2. Founding and Establishment Period (1991-2002)

The company has been in operation for over 10 years and has achieved multi-faceted development. Its business has expanded to cover various sectors such as environmental protection, medicine, power, and property, and it has successfully listed on the main board.

3. Strategic Upgrading Period (2002-2020)

By increasing capital through actual capital contribution and enhancing investment in environmental protection intelligent equipment, we aim to expand our capital base. We also aim to rename the company to highlight its technological attributes, achieving a transformation from "project-oriented" to "technology-oriented", focusing on equipment manufacturing and technological research and development, and breaking away from reliance on traditional construction projects, thereby completing the structural optimization of our enterprise's development direction.

4. Intelligent Transformation Period (2024 - Present)

The company changed its name again to anchor intelligent development, expanded multi-sector business, and upgraded from an equipment supplier to an integrated solution provider. A number of self-developed new products have achieved key technological breakthroughs, won large-scale benchmark projects, and have a market reach across the country and overseas. Multiple authoritative awards have solidified its position as an industry benchmark.

 

The 30-year development of WIT Technology has been a transformation story driven by technological innovation and continuously upgraded strategies. From the initial stage of technology implementation and product formation, to the strategic upgrading stage of capital empowerment and positioning optimization, to the equity restructuring stage of independent development and in-depth technology exploration, and finally to the intelligent transformation stage of comprehensive breakthrough, each stage of innovation has closely followed industry trends and its own advantages. From "school-run technology transfer" to "state-owned enterprise market-oriented operation", from "single environmental protection equipment" to "intelligent comprehensive services", it has gradually achieved all-round improvements in scale, technology, and brand, fulfilling the mission and vision of "The water is clearer, the sky is bluer,the environment is more beautiful, and humans are healthier", and becoming the core force in the field of intelligent environmental protection and high-end equipment among provincial state-owned enterprises.

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