Breaking Down Xiamen Wanli Stone Stock Co.,Ltd Financial Health: Key Insights for Investors

Xiamen Wanli Stone Stock Co.,Ltd (002785.SZ), founded on December 18, 1996, has grown from a regional stone processor into a global supplier with four quarries, nine fabrication factories and 25 subsidiaries, exporting to markets including Japan, South Korea, the US, the EU and over 30 Chinese cities, and reported a robust H1 2024 revenue of 653 million yuan - up 23.88% year-on-year - as it pushes its mission and vision to become one of the world's most competitive and responsible comprehensive stone suppliers while advancing core values of integrity, innovation, sustainability, customer-centricity and quality and strategically diversifying into lithium carbonate production and uranium resource development.

Xiamen Wanli Stone Stock Co.,Ltd (002785.SZ) - Intro

• Founded: December 18, 1996
• Headquarters: Xiamen, China
• Quarries: 4
• Fabrication factories: 9
• Subsidiaries: 25 (domestic & international)
• Export markets: Japan, South Korea, USA, EU, South Africa, Algeria, Singapore, and more
• Domestic reach: products sold in over 30 Chinese cities

• Deliver high-quality natural and engineered stone solutions that combine aesthetics, durability and sustainability for global built environments.
• Drive value for shareholders through efficient upstream resource control, diversified product offerings and disciplined financial management.
• Expand responsibly into adjacent strategic sectors (e.g., lithium carbonate, uranium resources) to capture long-term growth opportunities and mitigate commodity cyclicality.

• Become a leading global stone and mineral resources group recognized for product excellence, integrated supply chain control and sustainable resource stewardship.
• Achieve balanced revenue streams from core stone operations and strategic new-energy mineral ventures by 2030.

• Integrity: transparent governance, compliance with listing and regulatory standards (002785.SZ).
• Quality: stringent quarry-to-finish quality controls across 9 fabrication factories and installation projects.
• Customer focus: tailor-made solutions for institutional and residential clients across >30 Chinese cities and export markets.
• Innovation: process optimization, product diversification and technology adoption across manufacturing and new mineral projects.
• Sustainability: responsible quarry management and exploration practices in new resource initiatives (lithium carbonate, uranium).

• Core stone business remains cash-generative; H1 2024 revenue 653M yuan supports reinvestment into processing capabilities and new mineral projects.
• Leveraging 25 subsidiaries for distribution, fabrication and overseas market entry to diversify counterparty and regional risk.
• Strategic investments into lithium carbonate and uranium aim to capitalize on energy transition demand and resource value appreciation, complementing cyclical stone revenues.

• Regular financial disclosures tied to Shenzhen listing 002785.SZ; H1 2024 performance highlights growth and operational resilience.
• Active outreach to institutional and retail buyers across Asia, Europe and the Americas via overseas subsidiaries and trade channels.
• Further investor detail: Exploring Xiamen Wanli Stone Stock Co.,Ltd Investor Profile: Who's Buying and Why?

Xiamen Wanli Stone Stock Co.,Ltd (002785.SZ) - Overview

Xiamen Wanli Stone's mission is to be one of the largest comprehensive stone suppliers with the highest competitiveness and responsibility in the global market. This mission drives strategic choices across product diversification, vertical integration, international sales channels, and sustainability initiatives.

• Global ambition: target presence across major import markets in Asia, Europe, North America, the Middle East and Australia.
• Comprehensive supplier model: upstream quarrying, midstream processing, downstream distribution and international logistics.
• Responsibility emphasis: environmental management, workplace safety, and compliance with international trade and material standards.

Vision - to be a trusted worldwide stone brand recognized for product quality, supply reliability, design collaboration, and sustainable practices. The vision translates into R&D investment in surface finishes, custom fabrication, and large-scale project support for construction and interior sectors.

• Product breadth: natural stones (granite, marble, sandstone), engineered stone lines, tiles, slabs, and finished architectural elements.
• Market channels: B2B projects (developers, contractors), distribution partners, retail showrooms, and e-commerce export platforms.
• Responsibility pillars: resource-efficient quarrying, wastewater control, emissions reductions, and community engagement in quarry regions.

Core values - competitiveness, responsibility, quality, customer-centricity, and innovation. These are operationalized across procurement, production, quality control, international compliance, and after-sales support.

• Competitiveness: continuous cost optimization, scale economies, and diversified product mix to meet project and retail needs.
• Responsibility: environmental controls at quarry sites, certification efforts, and adherence to international material/occupational standards.
• Quality: ISO and technical testing protocols, sample approval workflows for architects and developers.
• Customer-centricity: tailored fabrication, logistics coordination for project timelines, warranty and support for international clients.
• Innovation: new finishes, engineered stone blends, CNC and automation in fabrication to increase yield and reduce waste.

Strategic priorities tied to the mission and vision:

• Expand global distribution networks and strengthen relationships with flagship developers and distributors.
• Invest in sustainable quarrying and processing technologies to reduce water and energy intensity per ton of stone produced.
• Diversify product portfolio to include higher-margin customized architectural elements and engineered surfaces.
• Enhance traceability and certifications to meet importing countries' environmental and material safety requirements.

For a detailed look at corporate history, ownership, mission and how the company operates and generates revenue, see: Xiamen Wanli Stone Stock Co.,Ltd: History, Ownership, Mission, How It Works & Makes Money

Xiamen Wanli Stone Stock Co.,Ltd (002785.SZ) - Mission Statement

• Deliver diversified, high-quality stone products and downstream materials across global markets.
• Invest in innovation and operational excellence to sustain competitive edge and margin improvement.
• Operate with environmental stewardship, regulatory compliance, and social responsibility.
• Expand strategically into high-potential sectors (e.g., lithium carbonate production, uranium resource development) to diversify revenue streams.

• Highest competitiveness: continuous investment in production efficiency, quality control, and R&D to maintain price and quality leadership.
• Responsibility: commitments to environmental management, workplace safety, and community engagement across quarrying and manufacturing operations.
• Diversification: leveraging core capabilities to enter materials sectors that complement stone operations, such as chemical-grade mineral processing and resource development.

• Scale-up in value-added processing: expanding surface finishing, large-format slab production, and customized architectural solutions to move up the value chain.
• Resource diversification: active moves into lithium carbonate production and uranium resource development to capture adjacent minerals value and reduce single-industry risk.
• Sustainability and compliance: implementing dust/waste controls, water recycling in plants, and community engagement programs at quarry sites.
• Global market expansion: targeted sales and logistics investments to grow export volumes and establish global distribution partnerships.

Xiamen Wanli Stone Stock Co.,Ltd (002785.SZ) - Vision Statement

• Integrity: Uphold transparent governance, anti-corruption controls, and supplier compliance to protect stakeholders and brand trust.
• Innovation: Scale advanced manufacturing (CNC, waterjet, digital finishing) and R&D for new materials and automated lines to improve yield and reduce unit costs.
• Sustainability: Reduce operational carbon intensity, increase recycled material use, and pursue certifications (ISO 14001, LEED-facing product data).
• Customer-Centric: Deliver tailored solutions for architects, distributors, and retail channels with improved lead times and service-level agreements.
• Quality: Maintain multi-stage QC, traceability, and third-party testing to sustain low defect rates and high warranty compliance.
• Global Perspective: Expand export footprint, channel partnerships, and regional logistics to serve Europe, North America, Southeast Asia, and the Middle East.

• Invest 4-6% of annual revenue into R&D and automation to boost capacity and reduce scrap rates.
• Scale sustainable sourcing: increase recycled/low-carbon materials share to 25% of inputs by 2028.
• Strengthen global sales: open regional distribution hubs to reduce delivery lead times by 30% in target markets.
• Enhance quality systems to drive warranty claims below 0.5% of shipments annually.

• Production yield, scrap rate, and unit manufacturing cost
• Order lead time, fill rate, and on-time delivery%
• Energy use per ton product and waste diversion rate
• Export sales by region and channel profitability
• Customer retention rate and NPS trends