Dongfeng Motor Parts And Components Group Co., Ltd.

Company Profile

■URL

https://www.dfl.com.cn/dfpc/#1-1

■Address

No.9, West Checheng Road, Shiyan City, Hubei, China

Business Overview

-The company is a core business unit of Dongfeng Motor Company Limited specializing in the development, manufacture and sales of automotive equipment and auto parts.

-The company is engaged in the automotive equipment business (production machine tools, body module assembly machines, robotic welding lines) and "6+1" system components business (brake and intelligent driving systems, seat and body systems, chassis systems, thermal management systems, drive module systems, and new energy vehicle drive systems, as well as lightweight technology). The company provides a full range of components and key technical support and services for commercial vehicles, passenger cars, and New Energy Vehicles.

-Through asset restructuring, its subsidiary Dongfeng Electronic Technology Co., Ltd. became a listed company with "5 core technology systems": braking and intelligent driving systems, cabin and body systems, thermal management systems, powertrain technology systems and New Energy electric drive systems.

-In 2021, the company achieved annual sales of CNY 16.925 billion (up 2.12% year-over-year (y/y)) and received 810 new orders with a value of CNY 5.14 billion.

Shareholders

-Unlisted (As of December 31, 2021)
Company name Investment ratio (%)
Dongfeng Motor Corporation

99.9

Shenzhen DFS Industrial Group Co., Ltd. 0.1

Products

Auto Parts Business

-Slide cover assemblies
-Door assemblies
-Back doors
-Battery housings
-Front wheel lower arm assemblies
-Oil pan assemblies
-Cross car beams
-Connecting plates
-Rear longitudinal beams
-Side members
-Pillars
-Structural body parts
-Chassis structural parts
-Plugs
-Braking and intelligent driving systems

  • Pressure sensors
  • Temperature sensors
  • Pressure and temperature sensors
  • Oil sensors
  • Speed sensors

-Cockpit and body systems

  • Central control modules
  • Intelligent Cockpit Multi-Screen Interactive System Platform
  • Sun visor assemblies
  • Instrument modules
  • Power window motor
  • 3-in-1 DCM (door control module)
  • Interior panel assemblies
  • Full-screen digital meters
  • Front top utility box assemblies
  • Door modules
  • Door panel assemblies
  • Toolbox assemblies for heavy-duty trucks
  • Three-phase brushless DC motor
  • Telematics terminals
  • Driving alert system
  • Steering wheel assemblies
  • Bumpers

-Chassis systems

  • Composite leaf springs
  • Full air suspension assemblies for heavy-duty trucks
  • Composite air suspension assemblies for heavy-duty trucks
  • Carbon fiber driveshafts
  • Aluminum driveshafts
  • Full air suspension assemblies for passenger cars
  • Steel driveshafts
  • Passenger car styled steel wheels
  • Carbon fiber wheels
  • Lightweight steel wheels
  • Forged aluminum wheels
  • Aluminum alloy wheels for passenger cars

-Electric drive systems

  • Drive motors for New Energy Vehicles
  • Electric water pumps
  • Oil-cooled motors for New Energy Vehicles
  • In-wheel motors for New Energy Vehicles
  • Front covers
  • Starter motors
  • Starter generators
  • Rear covers
  • Generators
  • Motor controllers
  • Sensor covers

-Thermal management systems

  • DMTS Parking air conditioner - Dual compressor system
  • DMTS Parking air conditioner - Overhead
  • High efficiency cold start electronically controlled silicone oil clutch
  • Electronically controlled silicone oil clutch water pump
  • Diesel and gas engine exhaust gas recirculation coolers
  • Cooling systems for pure electric passenger cars
  • Pressure balanced thermostats for medium- and heavy-duty commercial vehicles
  • Commercial vehicle cooling modules
  • High efficiency cooling ring fans for medium- and heavy-duty duty commercial vehicles

-Powertrain Technology System

  • Hydraulic parking mechanism for automatic gearboxes
  • Automatic gearbox forks
  • Gearbox parking actuators for New Energy Vehicles
  • Air intake systems
  • X7-6 modular oil filters
  • MT gearbox selector shift mechanisms
  • D760 oil/water separator products
  • Rocker arm shaft with rocker arm assemblies
  • Automatic shift forks

-Lightweight technology

  • Generator brackets
  • Front lower guard brackets
  • Steering leaf spring combination brackets

History

Jun. 2003 Dongfeng Motor Co., Ltd. (DFL) was established jointly between Dongfeng Motor Corp. and Nissan Motor Co., Ltd.
Aug. 2003 Dongfeng Motor Co., Ltd. (DFL) absorbed the automotive components business of the Dongfeng Motor Group and established the Parts & Components Business Unit.
Sep. 2003 Dongfeng Electronic Technology Co., Ltd. established Dongfeng Visteon Automotive Trim Systems Co., Ltd. jointly with Yanfeng Visteon Automotive Trim Systems Co., Ltd. and Visteon.
Mar. 2004 Behr invested in acquiring a 50% share in Dongfeng Radiator Co., Ltd., a radiator production subsidiary of Dongfeng Motor Co., Ltd., and established Dongfeng Behr Thermal Systems Co., Ltd.
Mar. 2005 The Company and Dana signed a joint venture agreement to establish Dongfeng -Dana Axle Co., Ltd. (Certain terms of the original agreement were renegotiated after Dana filed for reorganization under Chapter 11 of the United States Bankruptcy Code in March 2006. Under the amendments and other agreements signed by both companies, Dana Mauritius Ltd. will make an initial payment of CNY 38.8 million (approximately USD 5 million) to Dongfeng for a 4-percent equity interest in the joint venture by the end of March 2007. Dana Mauritius will purchase the remaining 46-percent equity interest after April 1, 2008, and within three years of receiving the aforementioned government approvals.)
Feb. 2006 Dongfeng Electronic Technology Co., Ltd. and Johnson Controls jointly established Shanghai Johnson Controls Automotive Electronics Co., Ltd.
Feb. 2010 Dongfeng Motor Co., Ltd. spun off its Dongfeng Motor Co., Ltd. Parts & Components Business Unit, establishing it as an independent corporation named Dongfeng Motor Parts & Components Group Co., Ltd.
Jun. 2013 Dongfeng Motor Suspension Spring Co., Ltd., a subsidiary of the Company, completed the first phase of its plant construction project at the Shiyan Economic Development Zone and started new operations.
Jul. 2013 Shanghai Fleetguard Filter Co., Ltd., a subsidiary of the Company, said two production lines at its new Wuhan Plant became operational.
Nov. 2013 Dongfeng Motor Fastener Co., Ltd., a subsidiary of the Company, announced that its new plant in Wuhan started operating.
May 2014 Dongfeng Electronic Technology, the Company's subsidiary, announced the establishment of a joint-venture with Knorr-Bremse Asia Pacific (Holding) 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 The company’s subsidiary Dongfeng Visteon Automotive Trim Systems Co., Ltd. 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.
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 Dongfeng Electronic Technology, the Company's subsidiary, 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 Trim Co., Ltd., 51 percent was owned by Dongfeng Visteon Wuhan Automotive Trim Systems and the remaining 49 percent was owned by Grupo Antolin.
Jul. 2015 Dongfeng Behr Thermal Systems Co., Ltd., which is a joint venture of the Company announced that it began operations of its new R&D center.
May. 2016 Yanfeng Automotive Interiors Systems Co., Ltd. will acquire 50% of Dongfeng Visteon Automotive (Shiyan) Trim Systems Co., Ltd. shares from Yangfeng Visteon Investment Co. Ltd.
May. 2016 Dongfeng Behr Thermal Systems Co., Ltd., a joint venture of the Company opened its new plant in Shiyan.
Jul.2016 The Company signed an agreement with Faurecia (China) investment company to set up a joint venture exhaust system company.
Oct. 2017 Dongfeng Nexteer Steering Systems (Wuhan) Co.,Ltd. was established.
Nov. 2017 Dongfeng Faurecia Exhaust Control Technology Co. Ltd. was established.
Jun. 2019 A groundbreaking ceremony was held in Suizhou, Hubei Province for the joint venture Dongfeng Maxion Wheels Co., Ltd.
Dec. 2020 The Company will be integrated with Equipment Company of Dongfeng Motor Co., Ltd. (DFEC).
May. 2021 Knorr-Bremse DETC Commercial Vehicle Braking Technology Co., Ltd. Wuhan Center held an opening ceremony.
Sep. 2021 Dongfeng Electronic Technology Co., Ltd. has completed its asset restructuring.
Dec. 2021 Dongfeng Electric Drive Systems Co., Ltd. officially starts the relocation of its new intelligent factory.

Supplemental Information 1