Dongfeng Electronic Technology Co., Ltd. (DETC)

Company Profile

■URL

https://www.dfl.com.cn/dfpc/

■Address

22F, Zhongqi Bldg, No.2000, Zhongshan North Road, Shanghai 200063, China

Business Overview

-An automotive parts supplier under the Dongfeng Group. The Company is listed on the Shanghai Stock Exchange.

-The company's main business is the core components business supporting complete vehicles and powertrains, and its products are currently classified into 19 categories. The company's top 10 customers are mainly internal customers of Dongfeng Group, such as Dongfeng Commercial Vehicle, Dongfeng Honda, Dongfeng Nissan, Dongfeng Cummins, Dongfeng Passenger Vehicle, etc. The company's parts have a large market share among these customers. However, the company has a low market share in mainstream customers outside Dongfeng Group, such as Shaanxi Automobile, Sinotruk, FAW, BYD, Great Wall, etc.

Shareholders

-Listed on the Shanghai Stock Exchange

(As of Dec. 31, 2023)

Major shareholder	Shareholding ratio
Dongfeng Motor Parts And Components Group Co., Ltd.	75.87
Others	24.13
Total	100

※The parent company, Dongfeng Motor Parts And Components Group Co., Ltd. owns 99.90% of the Company’s shares. Both companies are under the umbrella of Dongfeng Motor Co., Ltd. Additionally, Dongfeng Motor Co., Ltd. is a joint venture between Dongfeng Motor Group Co., Ltd. and Nissan (China) Investment Co., Ltd., with each holding a 50%stake.

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Products

Instrument meters

Electronic products
- Inverters
- Body control modules
- Remote control keys
- Electronic accelerator pedals
- Air conditioning switches
- Car phone Bluetooth modules
- Multi-function displays
- Drive recorders
　
Sensors
- Electric odometer sensors
- Crankshaft speed sensors
- Coolant temperature sensors
- Inlet temperature sensors
- Oil pressure sensors
- Oil temperature pressure sensors
　
Brake system components
- Air handling units
- Spring brake chambers
- Disc brakes
- Pressure ABS systems
- Dual chamber brake valves
- Four circuit protection valves
- Exhaust brake valves
- Air dryers
- Unload valves
- Relay valves
- Trailer brake valves
- Sensing valves
- Differential relay valves

ABS
- ECU
- Sensors
- Solenoid valves for ABS
- Solenoid valve cables for ABS
- Gear rims

Fuel system components
- Carburetors
- Fuel pumps
- Plunger oil pumps

Interior parts
- Rear parcel trims
- Roof trims
- Door trims
- Instrument panels
- Steering wheels
- Door sills
- Seats
- Visors
- Door panels

Exterior parts
- Bumpers

Die castings
- Oil pans
- Clutch housings
- Pedals
- Fuel filter brackets
- Ignition coil brackets
- Head covers
- Engine mount (RH) brackets
- Water covers
- Throttle bodies

Others
-Carbon canisters
-Exhaust systems

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History

1969	The Company was established by China No.2 Automobile Works as a manufacturer to specialize in producing instrument meters and sensors and adopted the name Instrument Branch Plant of China No. 2 Automobile Works.
1970	Officially started production.
Nov. 1992	The Company and Keihin Corporation of Japan jointly established Zhanjiang Deni Carburetor Co., Ltd. to manufacture carburetors.
Apr. 1993	Changed its name to Instrument Company of Dongfeng Motor Corp.
Apr. 1995	Changed its name to Xiangfan Dongfeng Motor Instrument Co., Ltd.
Apr. 1997	The Company was formed into a stock company by Dongfeng Motor Corporation and adopted a new name, Dongfeng Motor Electronic Instrument Co., Ltd.
Sep. 1995	The Company and TeleFlex jointly established Shanghai TeleFlex Morse Dongfeng Control System Co., Ltd. to manufacture flexible shafts.
1996	Xiangfan Dongchi Auto Parts Co., Ltd., a subsidiary of the Company, established Xiangfan Dongchi Auto Parts Co., Ltd. to manufacture flexible shafts.
Apr. 1997	Dongfeng Motor Co., Ltd. converted the Company to a joint-stock corporation, renaming it Dongfeng Motor Electronic Instrument Co., Ltd.
Jun. 1997	Moved its headquarters to Shanghai from Xiangfan City, Hubei Province.
Jul. 1997	Listed on the Shanghai Stock Exchange.
Dec. 1999	Acquired Dongfeng Carburetor Co., Ltd. as a production subsidiary.
Aug. 2000	Adopted its current company name Dongfeng Electronic Technology Co., Ltd. (DETC).
Aug. 2000	Changed the company name of Dongfeng Motor Electronic Instrument Co., Ltd. to Dongfeng Electronic Technology Co., Ltd. Instrument Company.
Oct. 2001	Changed the company name of Dongfeng Carburetor Co., Ltd. to Dongfeng Electronic Technology Co., Ltd. Automobile Braking System Company.
2002	The Company established Dongfeng Youlian (Shiyan) Auto Trim Co., Ltd. to manufacture instrument panels and steering wheels for commercial vehicles.
Dec. 2002	Acquired Dongfeng Automotive Interior Trimming Co., Ltd. and changed the company name to Dongfeng Electronic Technology Co., Ltd. Automotive Trim System Company.
Sep. 2003	Established Dongfeng Visteon Automotive Trim System Holding Co., Ltd. (currently called Dongfeng Visteon (Wuhan) Automotive Trim Systems Co., Ltd.) as a joint venture among Yanfeng Visteon Automotive Trim System Co., Ltd., China Dongfeng Motor Industry Import & Export Co., Ltd., and Visteon of the U.S.A. to manufacture interior trims.
Nov. 2003	Established Dongfeng (Shiyan) Nonferrous Casting Co., Ltd. to manufacture nonferrous metal die casting products.
Dec. 2003	Established Dongfeng Xiangfan Instrument System Co., Ltd. to manufacture instrument meters.
Feb. 2004	Dongfeng Motor Co., Ltd. acquired a 75% stake in the Company from Dongfeng Motor Industry Investment Co., Ltd., thus becoming the main unit of the Company.
Jan. 2005	The Company and Johnson Controls jointly set up Guangzhou Dongfeng Johnson Controls Automotive Seating Co., Ltd. (DFJC) to produce car seats.
Jan. 2006	The Company and Dongfeng Visteon Wuhan Automotive Trim Systems Co., Ltd. jointly established Dongfeng Visteon (Shiyan) Automotive Trim Systems Co., Ltd. to manufacture interior trims.
Feb. 2006	The Company and Johnson Controls of the U.S.A. jointly established Shanghai Johnson Controls Automotive Electronics Co., Ltd. to manufacture instrument meters, information displays, and body controllers for passenger vehicles.
Feb. 2011	Acquired another 20% stake in Zhanjiang DENI Carburetor Co., Ltd.
2013	The Company transferred its 55% share in Dongfeng Youlian (Shiyan) Auto Trim Co., Ltd. to its subsidiary, Dongfeng Visteon Automotive (Shiyan) Trim Systems Co., Ltd.; it no longer held Dongfeng Youlian's equity directly.
Feb. 2013	The Company and Visteon announced that Visteon transferred its 20 percent share in Dongfeng Visteon Automotive Trim Systems Co., Ltd. Dongfeng Visteon Automotive Trim Systems, which is currently owned by the Company, Yanfeng Visteon Automotive Trim Systems, and Visteon, became a 50-50 joint venture between the Company and Yanfeng Visteon Automotive Trim Systems.
Nov. 11	Dongfeng Kasai (Xiangyang) Automotive Trim Systems Co., Ltd., a joint venture between the Company's subsidiary, Dongfeng Visteon Automotive Trim Systems Co., Ltd. and Kasai Kogyo Co., Ltd., was officially established. 65% of the new company's share is owned by Dongfeng Visteon Automotive Trim Systems and the remaining 35% by Kasai Kogyo.
May 2014	The Company and Knorr-Bremse Asia Pacific (Holding) would establish a joint-venture company to develop, produce and assemble brake products for commercial vehicles. 49 percent of the new company's shares are owned by DETC and 51 percent by Knorr-Bremse.
Sep. 2014	Dongfeng Visteon Automotive Trim Systems Co., Ltd., the Company's subsidiary, and Kasai Kogyo Co., Ltd. established a 50-50 joint venture in Dalian, Liaoning. The new company is called Dongfeng Kasai (Dalian) Automotive Trim Systems Co., Ltd.
Sep. 2014	Dongfeng Visteon Automotive Trim Systems Co., Ltd., the Company's joint venture, established a wholly owned subsidiary in Yancheng. The new company is called Dongfeng Visteon Yancheng Automotive Trim Systems Co., Ltd.
Dec. 2014	The Company established a joint-venture company with Bremse Asia Pacific (Holding). The new company, Dongke Knorr Commercial Vehicle Brake System (Shiyan) Co., Ltd., is owned 51 percent by DETC and 49 percent by Knorr-Bremse.
Jan. 2015	Dongfeng Visteon Wuhan Automotive Trim Systems Co., Ltd., joint venture of the Company, established a joint-venture company with Grupo Antolin of Spain. The new company is called Dongfeng Antolin (Wuhan) Automotive Toppings Co., Ltd., 49 percent was owned by Dongfeng Visteon Wuhan Automotive Trim Systems and the remaining 51 percent was owned by Grupo Antolin.
Jan. 2015	Dongfeng Visteon Wuhan Automotive Trim Systems Co., Ltd., joint venture of the Company, established a joint-venture company with Grupo Antolin of Spain. The new company is called Dongfeng Antolin (Wuhan) Automotive Trim Co., Ltd., 51 percent was owned by Dongfeng Visteon Wuhan Automotive Trim Systems and the remaining 49 percent was owned by Grupo Antolin.
May. 2016	Yanfeng Automotive Interiors Systems Co., Ltd. acquired Dongfeng Visteon Automotive (Shiyan) Trim Systems Co., Ltd., a subsidiary of Yangfeng Visteon Investment Co. Ltd. Yanfeng Auto owned 50% share of Yanfeng Visteon.
Jul. 2016	The Company's joint venture Dongfeng Visteon Automotive Trim Systems Co., Ltd. changed its name to Dongfeng Yanfeng Automotive Trim Systems Co., Ltd.; its subsidiary Zhengzhou Dongfeng Visteon Automotive Trim Systems Co., Ltd. changed its name to Zhengzhou Dongfeng Yanfeng Automotive Trim Systems Co., Ltd.; its subsidiary Dongfeng Visteon Yancheng Automotive Trim Systems Co., Ltd. changed its name to Dongfeng Yanfeng Yancheng Automotive Trim Systems Co., Ltd.; Dongfeng Visteon Automotive (Shiyan) Trim Systems Co., Ltd. changed its name to Dongfeng Yanfeng (Shiyan) Automotive Trim Systems Co., Ltd.
Jul. 2017	The Company deleted registration of its sub-subsidiary, Chongqing Dezhong Machinery Manufacturing Co., Ltd.
Sep. 2021	The company completed asset reorganization and absorbed and merged 9 companies under Dongfeng Parts Group.