Founder Motor subsidiary and Huayang Group build joint venture Zhejiang Founder Motor Co., Ltd. (Founder Motor) announced that its wholly owned subsidiary Shanghai High Energy Auto Electronic Co., Ltd. signed a joint venture agreement with Jilin Huayang Group Co., Ltd. (Huayang Group). The joint venture will be established with a total subscribed capital of CNY 100 million. Founder Motor and Huayang Group will hold 85% and 15% of shares in the co...

News  Updated at: 2021/06/04

Guizhou Guihang subsidiary wins technology innovation award from Shaanxi Automobile Guizhou Guihang Automotive Components Co., Ltd. (Guizhou Guihang) announced that its subsidiary Huayang Electrics Company won the 2020 technology innovation award for excellent suppliers from Shaanxi Heavy Duty Automobile Co., Ltd. (Shaanxi Automobile) at a supplier meeting held by the automaker on December 11, 2020. In late October 2018, Huayang Electrics Company...

News  Updated at: 2020/12/24

Guizhou Guihang Automotive Components buys shares in its subsidiaries Guizhou Guihang Automotive Components Co., Ltd. said on November 6, 2017, that the company acquired shares in its three subsidiaries. Specifically speaking, the company bought a 47% stake in Guizhou Huayang Automotive Parts Co., Ltd. from its wholly-owned subsidiary, Guizhou Huayang Electronics Co., Ltd., to raise its shareholding ratio to 85% from 38%. The company also purchas...

News  Updated at: 2017/11/06

Guizhou Guihang to acquire 38 percent of Mitsui Huayang Auto Parts shares Guizhou Guihang Automotive Components Co., Ltd. announced that it will acquire 38 percent of Mitsui Huayang Auto Parts Co., Ltd. shares from Mitsui Kinzoku Act (Shanghai) Management Co., Ltd. Guizhou Guihang will spend CNY 13.54 million for this deal, which is expected to open up its business opportunities with Japanese companies. When the transaction is completed, Mitsui H...

News  Updated at: 2015/08/04

Guizhou Guihang Automotive to establish subsidiary in Tianjin Guizhou Guihang Automotive Components Co., Ltd. will establish Tianjin Huayang Auto Parts Co., Ltd. to manufacture and sell switches such as combination switches and power window switches. The new entity will be owned 100 percent by Guizhou Guihang Automotive and capitalized at 41 million yuan. (From an announcement by the company, April 28, 2012)...

News  Updated at: 2012/04/28