Li Wang

Li Wang Email and Phone Number

Vice President Of Business Development at Hydrogen Craft, Ltd. @
Li Wang's Location
Xuhui District, Shanghai, China, China
About Li Wang

- 20 years of work and management experience in foreign enterprise; 5 years of management experience in domestic companies; understand different styles and combine each merits;- Rich knowledge and experience in sales management, marketing, project management and decision making;- 16 years of sales management experience; 11 years of sales director/VP;- Successfully managed business of USD 65 million, and a team more than 40;- Top MBA student from Norwegian Business School, final grade A;- Gained plant management experience thru key potential talent development program - 6 months of oversea training, proficient in English- Strategic and systematic thinking, planning and execution- Well trained professional manager by various skill/career trainings- Ethics, integrity, passionate

Li Wang's Current Company Details
Megadyne Asia Pacific Power Transmission Co., Ltd

Megadyne Asia Pacific Power Transmission Co., Ltd

Vice President Of Business Development at Hydrogen Craft, Ltd.
Li Wang Work Experience Details
  • Megadyne Asia Pacific Power Transmission Co., Ltd
    General Manager
    Megadyne Asia Pacific Power Transmission Co., Ltd Oct 2019 - Present
    Ningbo, Zhejiang, China
    Responsibility 1:General Manager - Metal Drive Component- Report to the President of APAC and Greater China- Full P&L responsibility of the company, sales revenue over CNY 90 million- Full responsibilities over sales & marketing, operation, sourcing, warehousing, logistics etc.- Business revitalization, company restructure and integration after acquisition- Creating new business model for sales growth- Driving sales and EBITDA growth- Managing 72 machining vendors- Empowerment of the team, change of company cultureAchievement:- Revitalized the business by applying new strategies, re-structuring the team, building new cultureand setting new KPI etc.- Developed new sales strategies including OEM sales, and retail sales; new business grew by CNY15 million- Total revenue reached CNY 90 million, both revenue and EBITDA reached historical high- Inventory reduced from CNY 16 to 11 million- Head count reduced from 42 to 24- Warehouse space reduced from 5,600 to 5,000 square meters- Slow moving inventory reduced from CNY 2 million to less than 100K- Improved the OHI (Organization Health Index) from 59 to 79 ( company average: 64)Responsibility 2Acting Sales General Manager - Conveyor Belt Product (Ammeraal Products)- Report to APACE/Greater China President- Full P&L repsonsibility of the BU- Crafting new strategies, restructuring the team, connecting the team with global resources- Channel management renovation- New market developmentAchievement- Re-entered high value added industries like food, meat/poultry processing- Restored relationship with global KA, such as Ferrero, Mars, Mondelez, Vanderlande, Michellin, etc- Built matrix team structure ( region and industry focus)- Converted some indirct customers (thru channel) to direct customers- Upgraded the team, promoted 3 passionate, capable sales engineers to managerial position, andcleaned up non-performing sales and sales managers
  • Hydrogen Craft, Ltd.
    Vice President, Sales And Marketing
    Hydrogen Craft, Ltd. May 2019 - Jul 2024
    Huzhou, Zhejiang, China
    This is a domestic, hi-tech, start-up company dedicated in hydrogen powered UAV/drone development and manufacturing.- VP - sales & marketing; Executive VP during Convid-19 when the president of the company blocked overseas- Won order of water monitoring project, RMB 11.5M- Successfully explored and penetrated in geographic survey and mapping market, such as JUNAN 3D modeling, Pingdu project, Chongming project etc. total order booked RMB 1.45 million;- Successfully explored market of natural gas leak detection; ranked #1 during the demo organized by Northwest Pipeline Company;- Successfully developed customers like Zhejiang Uniview, Shanxi Huaihai, Beihang University, Northwest University, Qidaohu Marine, Changzheng Tianmin etc.- Planned and participated various marketing activities, such as Shenzhen UAV Expo, AUVSI Expo in U.S.A.- Planned, wrote or proof red company WECHAT articles, more than 50;- Company, product or application video shooting- Organized or participate various UAV drills, such as emergency rescue drill on Qiandaohu lake, firefighting drill in Shangxi, leak detection in Xinjiang;- Identified and organized 'Emergency Marketing' activities, such as firefighting in Xiaozhushan and Jiudian in Qingdao in 2020, flood rescue in Hefei in 2020;- Sales team building: built a sales team of 5; set sales goals and incentive plan; established sales performance review system and tools; sales training program etc.- Marketing team building: built a team of 2; provided training and instruction on article writing, page design etc; built 5 communication channels, Trandbank, UAV magazine, UAV website etc.- Built strategic partnership with industry stakeholders, such as Beihang University, Northwest University, Pergam Company from Sweden, Commercial Aircraft Corporation of China, Chongqing Hump Aviation etc;- Built, maintained, developed government relationship in Pingdu, where a subsidiary locates. G
  • Shanghai Jiayan Supply Chain Management Co., Ltd
    Vice President Of Business Development
    Shanghai Jiayan Supply Chain Management Co., Ltd May 2015 - Jul 2017
    Wuxi, Jiangsu, China
    This is a domestic company, being a sales distributor of several foreign brands, such as SKF/TIMKEN, and transform to a supply chain management supplier. I was the GM of its subsidiary that was just acquired at the time.- sales revenue grew from RMB 73 million in 2016 to 86 million in 2017, increased by 16%- develop company's product line and authorized by more companies, such as Rexnord, Festo, Fuchs, Bentley, Sata;- developed value-added services, such as SKF bearing life monitoring, bearing repair and motor repair business;- built bearing retail business, grew sales from RMB 2 million to 8 million- developed hydraulic and pneumatic components business, authorized by FESTO and Lincoln Lub; built sales and engineering team;- improved sales incentive plan, added 'New Product' sales reward- built relationship with suppliers
  • Rexnord Enterprise Management (Shanghai) Co. Ltd
    Sales Director
    Rexnord Enterprise Management (Shanghai) Co. Ltd Feb 2013 - May 2015
    Shanghai
    Responsibilities &Achievements:2012/1 - 2013/4 sales director - OEM- grew sales from USD 7 million in 2012 to 8.5 million in 2013- organized and hosted internal brain storming sessions to institute and select potential star products, by using tools like Port's 5 forces; select 2 products with great potentials.- select new market segment to grow new product sales, pulled resources together, sales, engineering and logistics, to grow new product sales; sales of OMEGA grew over RMB 1million in 2014;- Restructured sales team: washed out low performance sale reps through PIP, washed out sales reps with ethical issues; hired more competent and high will sales reps; 3 of them are still with the company and got promoted;2013/4 - 2015/3 promoted to lead both OEM and coal mining business sales teamAt the moment, the company's coal mining business shrank, I took measures below:- cut head counts of coal mining business; washed out low performance sales reps, or sales reps with ethical issues- reduced the number of sales distributors,, supported more to 3 selected distributors;- reduced inventories, cancelled fake orders- built tighter relationship with owners and Design companies to specify Rexnord products, secured orders- adjusted pricing strategies to maintain profitability- cross training two sales team to better leverage sales resources- promoted new product in existing coal mining business, such as Autogard product;- applied sales review system and tools to grow business, USD 12 million in 2013grew up to 14 million in 2014, increased by 16%2015/3 -2015/5 promoted again to China Sales Director to lead the entire sales teamRexnord had 4 sales team. In 2014, the SMT decided to consolidate 4 into 1. I was chosen to lead the entire sales team- Made a comprehensive integration plan, including new sales strategies, structures, team leaders, sales goals, incentive plans, training plans, product and marketing strategies etc.
  • The Timken Company
    Sales And Marketing Director - Timken Wuxi Bearing Co. Ltd
    The Timken Company Mar 2010 - Jun 2012
    Wuxi, Jiangsu, China Prc
    * Responsible for Sales & Marketing, Customer Service, Engineering and Master Production Scheduling, total 83 associates and 40 sales among them* Taking full responsibilities of sales performance – sales quota, AR, DSO, CE, inventory* Sales CAGR 26%* Mapped new strategies for the company* Restructure the sales team – a matrix of regional sales office and market segment* Rebuild sales evaluation system and balance scorecard* Building up a marketing team and marketing methodology* Establish ‘New Opportunity Pipeline’ to monitor and push for new customer development* Establishing sales administration team responsible for channel management, product management and customer management* New market development – elevator, concrete mixer, Z-mill, compactor aftermarket etc* Developed a 5-year growth plan including organic growth and inorganic growth* Launch sales CRM system* Promoting value selling* Drive the manufacturing and supply chain for continuous improvement* Building a learning team, of my direct reports in particular.* Development of “Sales Manual”
  • The Timken Company
    Plant Supervisor - Timken Wuxi Plant
    The Timken Company Mar 2009 - Mar 2010
    Wuxi, Jiangsu, China
    * A Development assignment in the plant* Coordinated order transfer from other Timken operations to the new Wuxi Large Bore Plant* Supervise the startup of the C6 line, 2 PN PPAP passed* Building up fundamentals of manufacturing knowledge and experience
  • The Timken Company
    Regional Sales Manager
    The Timken Company Aug 2007 - Mar 2009
    Shanghai City, China
    * Grew the business from USD $8 Million to USD $16 Million in 2008. Could make another double in 2009 if there were no economic crisis. * Signed “Long Term Strategic Agreement” with Nanjing High Speed Gearbox and CITIC Heavy Machinery* Developed over 20 new customers in the region* Built a strong sales team for the sustainable growth of the company* Built a team culture of Ethics, Teamwork, Passion and Learning* Developed a “3-Year Growth Road Map” for the team
  • The Timken Company
    Manager - Rail, China
    The Timken Company Jan 2005 - Aug 2007
    Beijing City, China
    * Grew the business for $0.5M USD to around $5M USD* Develop and maintain relationship with China rail administrator – Ministry of Railway, and other stakeholders in railway industry like peer companies, institute…* Build a marketing team. * Developed China rail market research “China Rail Landscape”
  • The Timken Company
    Senior Sales Enginner
    The Timken Company Oct 2002 - Aug 2005
    Beijing City, China
    * Sales engineer in miscellaneous industries like primary metal, power generation, cement, mining...

Li Wang Skills

Key Account Management International Sales Sales Management Product Development New Business Development Manufacturing Business Strategy Automotive Negotiation Value Selling International Business Business Planning

Li Wang Education Details

Frequently Asked Questions about Li Wang

What company does Li Wang work for?

Li Wang works for Megadyne Asia Pacific Power Transmission Co., Ltd

What is Li Wang's role at the current company?

Li Wang's current role is Vice President Of Business Development at Hydrogen Craft, Ltd..

What schools did Li Wang attend?

Li Wang attended Bi Norwegian School Of Management, Beijing University Of Aeronautics & Astronautics.

What skills is Li Wang known for?

Li Wang has skills like Key Account Management, International Sales, Sales Management, Product Development, New Business Development, Manufacturing, Business Strategy, Automotive, Negotiation, Value Selling, International Business, Business Planning.

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