Wanxin Optical Co., Ltd.

What Wanxin Optical Co., Ltd. does

Wanxin Optical Co., Ltd., headquartered in Danyang, Jiangsu, China, is a privately held manufacturer of high-performance resin spectacle lenses and complementary eyewear products, founded in 1973 and currently operating at a substrate production capacity of approximately 100 million pieces per year (~1/12 of global lens shipments) with a workforce of more than 3,000 employees. The company's product portfolio spans single vision lenses, progressive lenses, photochromic, polarized, blue-cut, bifocal, ultra-tough (ULTRAVEX), and custom RX lenses, sold under the WANXIN, Kodak Lens (licensed), Metropolis, and I-UNIVERSE / X-SEE / I-READ2 / I-FREEDOM sub-brands across price tiers.

The technical backbone is a precision manufacturing stack comprising freeform digital surfacing (wave-front based personalized lens design), five-axis CNC prescription processing, and a plasma-bombardment multi-layer coating system producing up to nine coating layers for scratch resistance, anti-reflection, UV and blue-light filtration, and polarization. Wanxin holds between 119 and 365 validly authorized patents depending on the source and the time period referenced, including invention patents and utility model patents in resin lens chemistry and coating deposition processes.

Commercially, Wanxin generates revenue primarily through wholesale hardware sales of lenses and frames to a network of more than 32,000 optical shops across 34 Chinese provinces, complemented by 80+ overseas enterprise customers in 40+ countries and partnerships with 60+ e-commerce platforms. Pricing is set via B2B negotiations rather than published price lists. The company also operates Wanxin Academy, providing optometry training and vision health education services that function as both a talent pipeline and a category demand-creation channel. A joint venture with France-based Essilor (Jiangsu Wanxin Optical Co., Ltd., established December 2010) gives Wanxin access to high-refractive-index lens technology and global distribution know-how, while its chairman Tang Longbao controls the family-led ownership structure.

Name

Wanxin Optical Co., Ltd.

Legal name

Wanxin Optical Group Co., Ltd.

Website

https://wanxinlens.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Wanxin Optical is a privately held Chinese resin spectacle lens manufacturer founded in 1973, producing 100 million lenses per year for 32,000+ optical shops in China and 80+ enterprise customers across 40+ countries, in joint venture with France's Essilor.

Ownership category

akta.pro rank

Product category

Optical Lens Manufacturing

NAICS

Ophthalmic Goods Manufacturing (339115), Ophthalmic Goods Merchant Wholesalers (423460), Optical Goods Retailers (45613)

SIC

Optical Instruments & Lenses (3827), Ophthalmic Goods (3851)

akta.pro primary industry

Optical Dispensing & Eyewear Devices (Frames, Lenses, Lens Edging/Finishing Equipment) (HLAHAJAD)

akta.pro secondary industries

Prescription Eyewear Frames (Optical) (CRAAAKAA), Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions) (HLAHAJAE)

Keywords

• Resin lens manufacturing
• Optical lens production
• Progressive eyewear lenses
• Photochromic polarized lenses
• Prescription eyewear manufacturing

Headquarters

HQ city

Danyang

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Optical Lens Sales: Primary revenue from manufacturing and selling high-performance resin spectacle lenses including single vision, progressive, photochromic, polarized, blue-cut, and bifocal lenses. Production capacity of 100 million stock lenses annually.
2. Eyewear Products: Revenue from optical frames and eyewear accessories complementing the lens business.
3. Optical Education Services: Revenue from optometry training and vision health education services through Wanxin Academy, training professionals in the optics industry.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Wanxin manufactures and wholesales high-performance resin spectacle lenses and optical frames, with a product range covering single vision, progressive, photochromic, polarized, blue-cut, and bifocal lenses, plus prescription and ultra-tough lens variants. The company operates a 100-million-piece-per-year substrate production capacity and distributes through optical retail chains, healthcare channels, international wholesalers, and e-commerce platforms serving consumers in 40+ countries.

Product overview

Wanxin Optical Co., Ltd. is a manufacturer of optical lenses and eyewear products. The company offers a comprehensive portfolio organized around three main product lines: hard resin lenses, specialty lenses (BLUECUT, PHOTOCHROMIC, POLARIZED, BIFOCAL), progressive lenses, single vision lenses, and prescription lenses. The product ecosystem includes multiple brand tiers (WANXIN main brand, Kodak, Metropolis) covering high, middle, and low market segments. The portfolio also includes coating technologies (Urban Life Anti B+E, TAC Polarized, X50 BlueFilter) applied to lenses, and specialized product series like ULTRAVEX ultra-tough lenses and RX custom prescription lenses. The products are designed for various use cases including daily wear, digital lifestyle, outdoor activities, and specific vision correction needs.

Differentiator

Problem solved

Functional benefit

Brands

• Kodak Lens: Brand line for Kodak Lens products in China (agency obtained in 2011)
• Metropolis
• WANXIN
• I-UNIVERSE
• X-SEE
• I-READ2
• I-FREEDOM
• CLEAR
• I-NATI3
• I-EZY3
• ULTRAVEX
• BLUE CUT LENS

Products and services

• Single Vision Lenses (CLEAR, I-NATI3, I-EZY3, I-FREEDOM) Lenses with a single prescription power for myopia, hyperopia, or reading vision correction, available in CLEAR, I-NATI3, I-EZY3, and I-FREEDOM variants for individual wearers and optical retail customers.
• Progressive Lenses (BIFOCAL, I-UNIVERSE, X-SEE, I-READ2, I-FREEDOM) Multi-focal lenses providing seamless transition between near, intermediate, and distance vision for presbyopia patients and consumers needing multi-distance correction without visible line dividers, available in performance tiers.
• HARD RESIN Lenses Basic hard resin spectacle lenses providing better vision for work and leisure activities for general vision-correction customers served through optical retail channels.
• BLUECUT Lenses Blue light protection lenses designed as all-day glasses for the digital lifestyle, filtering harmful blue light from screens for office workers, students, and digital device users.
• PHOTOCHROMIC Lenses Smart sunglass lenses that automatically adapt to changing light conditions, darkening in sunlight and clearing indoors for consumers needing light-adaptive vision correction.
• POLARIZED Lenses Polarized lenses providing comfortable vision without irritating reflections, ideal for outdoor use, driving, water sports, fishing, and skiing.
• BIFOCAL Lenses Bifocal lenses offering optimum vision support for both near and far distances in a single lens for presbyopia patients requiring two distinct focal zones.
• ULTRAVEX Ultra-Tough Lenses Impact-resistant ultra-tough lenses with significantly improved safety factor and high durability, blocking UVA/UVB and harmful blue light for safety-focused wearers including children and active users.
• RX Lens Series (I-Nati2, I-Ezy2, I-Read2, I-Sport) Customized prescription lenses in I-Nati2, I-Ezy2, I-Read2, and I-Sport variants providing personalized solutions for different vision correction situations including driving and active sports use.
• Prescription Lenses (Custom Freeform) Personalized precision lenses manufactured using freeform technology based on detailed visual data measurements (pantoscopic angle, monocular pupillary distance, wrap angle, pupil height, back vertex distance) supplied by opticians.
• Kodak Lens Branded Products (China Agency) Licensed Kodak Lens-branded spectacle lens products distributed in China under Wanxin's agency agreement, serving consumers seeking Kodak-brand lenses through the domestic optical retail channel.
• WANXIN Eyewear (Optical Frames) Optical frames and eyewear accessories launched as a complementary product line to the company's lens business, providing healthy and safe frame solutions for human visual health.
• Wanxin Academy Optical Education Services Optometry talent education and vision health training services for the optics industry, having trained over 18,545 talents through the Wanxin Academy program.

Quantifiable outcome

• Customized lens waiting period shortened to 48 hours
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered major, minor and core.

• Mitsui ChemicalsmajorTechnology or Integration · 1 January 2021Mitsui Chemicals awarded certification to Wanxin Optics for quality and standards recognition; Yu Shun, director of Wanxin Optics Market Center, accepted the award.
• China Optical AssociationminorStrategic or Co-development Partner · 1 January 2021Strong relationship with China Optical Association; Chairman Du Tonghe visited Wanxin booth at Shanghai Optical Fair and gave speeches at Wanxin events.
• Olympic Shooting Champion Pang WeiminorOthers · 1 January 2020Olympic shooting champion Pang Wei became the ambassador of Wanxin Optical in 2020, representing the company's commitment to precision and quality.
• Kodak LenscoreOEM/ Whitelabel/ Licensing Partner · 1 January 2011Wanxin obtained the agency of Kodak Lens in China, enabling distribution of Kodak branded lenses in domestic market. Wanxin became sales champion of Kodak Lens North Asia brand.
• Essilor (France)coreStrategic or Co-development Partner · 1 December 2010Joint venture established in December 2010 with world's top resin lens manufacturer French Essilor to create Jiangsu Wanxin Optical Co., Ltd. This partnership combined Wanxin's domestic market leadership with Essilor's global technology expertise for high refractive lens production.
• PPG IndustriescoreTechnology or Integration · 1 January 1993Partnership with international resin lens raw material supplier PPG for access to high-quality materials essential for lens manufacturing.
• Hong Kong Wanshun Electronic Industry Co., Ltd.majorStrategic or Co-development Partner · 1 January 1988Joint venture established between Zhenjiang Glasses Factory No. 3 Branch Factory and Hong Kong Wanshun Electronic Industry Co., Ltd. to create Zhenjiang Wanxin Optical Company.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Others

• PPG Industries: US-based materials supplier that has been Wanxin's resin lens raw material partner since 1993. Comparable as a strategic input partner rather than a direct lens competitor.
• Mitsui Chemicals: Japanese chemical company that supplies high-refractive lens monomer (MR-series materials) used by Wanxin. Functions as a key upstream supplier and partner rather than a direct lens competitor.

Direct peers

• Shamir Optical Industry: Israeli-based progressive lens specialist with proprietary freeform design technology and global distribution. Competes directly with Wanxin's progressive lens lines (I-UNIVERSE, X-SEE, I-READ2, I-FREEDOM).
• Jiangsu Mingyue Optical: Chinese spectacle lens manufacturer based in Jiangsu with similar resin lens production capabilities and domestic distribution. Direct domestic competitor to Wanxin in the Chinese mid-tier lens market.
• HOYA Corporation: Japanese specialty manufacturer of optical glass and resin lenses, including progressive and photochromic lenses. Directly comparable to Wanxin in lens technology, freeform surfacing, and global B2B optical distribution.
• Indo Lens Group: Korean lens manufacturer producing a broad range of resin spectacle lenses for global B2B customers. Comparable in scale, geographic reach across Asia, and product portfolio to Wanxin.
• SEIKO Optical: Japanese lens manufacturer offering progressive, single vision, and photochromic lenses with proprietary freeform technology. Directly comparable to Wanxin in product range, channel model, and technology stack.

Broad incumbents

• EssilorLuxottica: World's largest ophthalmic lens and eyewear group, formed by the merger of Essilor and Luxottica. Wanxin's JV partner for high-refractive lens production and a broader incumbent with overlapping lens, frame, and retail operations.
• Carl Zeiss (ZEISS Vision Care): German optics leader with a vision-care division producing premium ophthalmic lenses and coatings. Competes with Wanxin in the premium lens segment and shares freeform and coating technology capabilities.
• Nikon-Essilor (Nikon Optical): JV between Nikon and Essilor producing high-quality ophthalmic lenses using Nikon's optical heritage. Comparable to Wanxin-Essilor's JV structure and competes in the high-refractive and progressive lens categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wanxin-optical

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wanxin Optical Co., Ltd.