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BWOWF On Other Exchanges
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

wowjoint holdings ltd (BWOWF) Snapshot

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wowjoint holdings ltd (BWOWF) Details

Wowjoint Holdings Limited, through its subsidiaries, engages in the design, engineering, and manufacture of customized infrastructure equipment and machinery used in the construction of railways, highways, metro subways, bridges, and viaducts. The company’s products include heavy duty launching gantries for the erection of bridges and viaducts; heavy duty tire trolleys used to move prefabricated concrete segments or beams; straddle carriers/mobilifts to handle bulky loads inside sheltered places, as well as to load and unload cargos in container terminals or steel plants; and integrated launching carriers. It also offers special purpose equipment, such as straddle carriers for handling containers and marine hoists for lifting boats or yachts out of the water and maneuvering them onto dry land for service or long-term storage, or for the transportation of boats and ships over dams. In addition, the company is involved in leasing equipment, such as straddle carriers, special purpose lifting/carrying equipment, and integrated launching carriers; and subcontracting construction and engineering work for customers in transporting, carrying, lifting, placing, and erecting bridge segments that are used in the construction of high-speed railways, expressways, and bridges. Further, it provides after-sales, technical, and consultation services. Wowjoint Holdings Limited markets its products under the brand name of Wowjoint in China and internationally. The company was founded in 2004 and is headquartered in Beijing, the People’s Republic of China.

186 Employees
Last Reported Date: 06/18/14
Founded in 2004

wowjoint holdings ltd (BWOWF) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: CNY535.2K
Acting Chief Financial Officer, Principal Acc...
Total Annual Compensation: CNY259.8K
Chief Technical Officer and Director
Total Annual Compensation: CNY460.1K
Senior Vice President of Marketing and Sales
Total Annual Compensation: CNY414.6K
Compensation as of Fiscal Year 2013.

wowjoint holdings ltd (BWOWF) Key Developments

Wowjoint Holdings Limited Files Form 15

Wowjoint Holdings Limited announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its ordinary shares of par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

Wowjoint Holdings Limited announced delayed 20-F filing

On 04/30/2014, Wowjoint Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.

Wowjoint Holdings Limited Signs Two New Sales Contracts

Wowjoint Holdings Limited announced that it has entered into two new sales contracts in China and Malaysia, with an aggregate contract value of approximately $2.7 million. The first contract is with China Railway Group 2nd Bureau. Pursuant to the contract, Wowjoint will retrofit its proprietary 900-ton special launching carrier for this customer. The redesigned equipment will be used in transporting and installing prefabricated box beams in several new railway line construction projects in China. China Railway Group 2nd Bureau is a frequent Wowjoint customer and this contract will further enhance that relationship. Production, delivery and installation of the equipment are expected to begin in early 2014 and should be completed by mid-2014. The value of the contract is approximately $2.1 million, and is expected to be recognized as revenue in 2014. Wowjoint also entered into is a sales contract with BBE Solutions Sdn. Bhd to provide a single box beam launcher for the construction of the Second Penang Bridge Land Expressway Package 2A in Malaysia. Production of the machine began in November 2013 and delivery is expected to occur in the first quarter of 2014. The total value of the contract is $623,000, of which a portion of the contract will be recognized as revenue in 2013 and the balance will be recognized in 2014. This contract is Wowjoint's third project in Malaysia and the second contract with BBE in 2013, following the successful completion of a highway bridge construction project in 2012.


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