Aisin (China) Investment Co., Ltd. (Formerly Aisin Seiki (China) Investment Co., Ltd.) Business Report FY ended Dec. 2020

Business Results

(CNY millions)
  FY ended Mar. 31, 2021 FY ended Mar. 31, 2020 Rate of increase/ decrease (%) Factors
Sales 582,168 499,545 16.54 -Year-on-year increase due to market recovery in China from the second quarter onwards.

New Products

-Aisin announced that it has developed a driver-monitoring system, a navigation system, and s high-precision map as solutions for Toyota's advanced drive support technology. The driver-monitoring system can accurately detect the driver's gaze, the direction to which the driver’s face is turned, and the opening and closing of eyelids. If the driver's posture is significantly irregular or if the driver continues to be inoperative without responding to the system's warnings, the system will determine that it is difficult for the driver to continue driving, and as a result, will trigger a function to stop the vehicle safely. The navigation system uses the latest traffic information to provide support for safe driving according to traffic conditions. The Company has also developed a system that can distribute the latest, high-precision maps from the cloud. These products are installed in the Toyota Mirai and Lexus LS. (From a June 29, 2021 press release)



R&D Structure

Name Main business Location Year established
AW Suzhou Technical Center Co., Ltd Design and develop automatic transmissions Jiangsu Suzhou 2012
AW (Suzhou) Automobile Technology Center Co., Ltd. Research and develop in-vehicle software, auto parts, and electronic devices Zhejiang Hangzhou 2020
Aisin (Nantong) Technical Center of China Co., Ltd  Design and develop vehicle body parts Jiangsu Nantong 2011
Advics Changzhou Administration Co., Ltd. Develop brake system   Jiangsu Changzhou 2011
AW (Hangzhou) Information Technology Co.,Ltd. Research and develop in-vehicle software, auto parts, and electronic devices Zhejiang Hangzhou 2008

Factory Reorganization

-Guangqi Aisin AW and Guangzhou Qisheng Power Plant No. 2 were opened at the Guangqi Zhilian New Energy Automotive Industry Park. Guangqi Aisin AW is a joint venture between Guangqi Dengqi and Aisin AW. Construction of the plant began at the end of May 2019. The plant covers an area of 133,000 square meters and involved a total investment of CYN 2.31 billion. Guangqi Aisin AW's first product will be a third-generation, six-speed AT, of which more than 10 million units have already been installed in vehicles. The annual production capacity of automatic transmissions is expected to reach 400,000, with the actual, annual production volume expected to exceed CYN 3.5 billion. In the future, the Company plans to develop and produce eight-speed ATs. The Company's second plant is located in the Panyu Intelligent New Energy Industrial Park in Guangzhou, covering an area of 84,000 square meters and a total floor space of 38,000 square meters. At present, the plant is capable of mass-producing 1.5TM, 1.0TGDI, 2.0TM and 1.5TG engines, with an annual production capacity of 200,000 units. (Based on the official WeChat account of Guangqi Dengqi)

-Aisin (Anqing) Auto Parts Co., Ltd, a joint venture between the Company and Anhui Huanxin Group Co., started constructing a production plant on 20 April 2019. The production plant was completed on July 30, 2020. (From a December 23, 2020 press release)