Fuyao Glass Industry Group Co., Ltd.

Company Profile

■URL

http://www.fuyaogroup.com/en/

■Address

Fuyao Industrial Park, Fuqing, Fujian 350301, China

Business Overview

-The Company is a major Chinese supplier that provides safety glass and automobile trim solutions for various modes of transportation. It designs, manufactures, distributes and services many products, including automotive float glass, automotive glass, railway glass, carriers, and car window trims.

-It supplies products to customers including Bentley, Mercedes, BMW, Audi, GM, Toyota, VW, Ford, Chrysler, Nissan, Honda, Hyundai, Fiat, Volvo, Land Rover.

-In addition to sites in 16 provinces and cities in Chan, the company has manufacturing sites and business organizations in 11 countries and regions including the U.S., Russia, Germany, Japan and South Korea. It has 11 development centers in China, the U.S. and Germany.

Shareholders

Listed on the Hong Kong and Shanghai Stock Exchanges.

(as of Dec. 31, 2023)

Shareholders	Investment Ratio (%)
HKSCC Nominees Limited	22.83
Hong Kong Sanyi Development Co., Ltd.	14.97
Others	62.20
Total	100

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Products

Automotive Glass
Window glass
Door glass
Roof window glass
Front glass
Rear glass
New generation connected car smart glass

Float Glass

Window and Door Products
Window frames
Weather strips
Glass run channels
Roof windows
Roof window parts
Antenna glass
Printed antenna
Wired antenna
Coated antenna
True active glass antenna

Functional Glass for Automobiles
Laminated glass
Tempered glass
Insulating glass
Encapsulated glass
Bulletproof glass
Hydrophobic glass
HUD front glass
Sound insulating glass
Heat insulating glass
Internal heating wire printed glass
Head-up display (HUD) glass
Dimming glass

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History

1987	Established as Fujian Yaohua Glass Industrial Co., Ltd. in Fuzhou, Fujian. Started to produce automotive safety glass.
1991	Became a stock company and changed the company name to Fujian Yaohua Glass Industrial Co., Ltd.
June 1993	Listed on the Shanghai Stock Exchange.
Dec. 1994	Established Fuyao (Hong Kong) Limited in Hong Kong by investing USD 2 million. The new subsidiary engages in Fuyao Group's import and export operations.
Mar. 1994	Established Fuyao Group (Fujian) Machine Manufacture Co., Ltd. to manufacture machinery to produce automotive glass; in Fuqing City, Fujian Province.
July 1994	Established Fujian Wanda Auto Glass Industry Co., Ltd. The new subsidiary manufactures automotive safety glass.
Dec. 1994	Established Greenville Glass Industries Inc. in South Carolina, U.S.A. as a sales agent for the North American market (USA and Canada).
Dec. 1995	Established Fuzhou Greenville Glass Co., Ltd., which was absorbed by Fujian Wanda Automobile Glass Industry Co., Ltd. in 2005.
Jan. 1996	The Company adopted a new name: Fuyao Glass Industry Co., Ltd. Group.
Mar. 2000	Established Fuyao (Moscow) Limited.
Sep. 2000	Established Fuyao Group Changchun Co., Ltd. to manufacture automotive safety glass; in Changchun City, Jilin Province.
Apr. 2001	Established Fuyao Glass (Chongqing) Fittings Co., Ltd. to manufacture windshields for passenger cars and buses; in Chongqing City.
Apr. 2002	Established Fuyao Group (Shanghai) Automobile Glass Co., Ltd. to manufacture windshields for passenger cars and buses; in Anting Automobile City, Shanghai.
Nov. 2002	Established Fuyao Group Tongliao Co., Ltd. to manufacture float glass; in Tongliao City, Inner Mongolia.
Apr. 2003	Established Fuyao Group Beijing Futong Safety Glass Co., Ltd. to manufacture automotive safety glass; in Beijing City.
Aug. 2003	Acquired Shuangliao Float Glass Factory in Shuangliao City, Jilin Province and established Fuyao Group Shuangliao Co., Ltd. to produce float glass.
Jan. 2004	Jointly with GDX of the U.S. established GDX-Fuyao Glass Systems (Changchun) Co., Ltd. to manufacture automotive glass sealing.
Mar. 2004	Established Fuyao Glass (Chongqing) Co., Ltd. to manufacture automotive safety glass; in Chongqing City.
Aug. 2004	Established Fuyao Hainan Float Glass Co., Ltd. to manufacture float glass; in Haikou City, Hainan Province.
Mar. 2005	Established Fuyao (America) Limited in South Carolina, U.S.A. to take over marketing operations for Fuyao glass which had been conducted at Greenville Glass Industries, Inc.
2006	The Company established Guangzhou Nansha Fuyao Automobile Glass Co., Ltd. in the Nansha Development Zone, Guangzhou City in order to manufacture safety glass.
June 2006	Fujian Wanda Automobile Glass Industry Co., Ltd. established Guangzhou Fuyao Glass Co., Ltd. to manufacture automotive safety glass; in Zengcheng City, Guangdong Province.
July 2006	Established Fuyao Fujian Glass Bonding Co., Ltd. to manufacture edge-wrapping automotive safety glass; in Fuqing City, Fujian Province.
July 2006	Established Fuyao Fujian Automobile Fittings Co., Ltd. to manufacture roof windows and window frames; in Fuqing City, Fujian Province.
Oct. 2006	Established Fuyao (Fujian) Bus Glass Co., Ltd. to manufacture windshields for buses; in Fuqing City, Fujian Province.
March 2007	The Company established Shanghai Fuyao Coach Glass Co., Ltd. in Anting Automobile City, Shanghai in order to manufacture special glass for large buses.
May 2007	The Company established Fuyao Automotive Trim (Shanghai) Co., Ltd. in Anting Automobile City, Shanghai in order to manufacture window trims.
Nov. 2007	The Company established Fuyao Glass (Hubei) Co., Ltd. in the Jingmen Development Zone, Hubei Province to manufacture safety glass products and special glass.
Nov. 2007	The Company acquired SCHE35 Verwaltungsgesellschaft mbH, an automotive glazing unit of Zehner Industriebeteiligungs-GmbH of Germany. After the capital buyout was completed, the German subsidiary was renamed Fuyao Europe GmbH.
July. 2008	Jointly with Ningbo Chifei Automobile Parts Co.,Ltd. established Ningbo Fuyao Automobile Parts Co.,Ltd. to produce moldings.
Apr. 2009	The Company sold Fuyao Hainan Float Glass Co., Ltd. to Hainan China Aviation Special Glass Materials Co., Ltd.
2010	Purchased Chongqing Wansheng Float Glass Co.,Ltd. and Fuyao(Changchun) Bus Glass Co., Ltd.. Established Fuyao Hongkong.
Nov. 2010	The Company established Fuyao Automotive North America, Inc., a wholly owned subsidiary, in Michigan, U.S.A.
Apr. 2011	Established Zhengzhou Fuyao Glass Co., Ltd.
Jun. 2011	Established China Fuyao (Russia Kaluga) Glass Industry Co., Ltd.
Mar. 2012	Established Foshan Fuyao Glass Co., Ltd.
Jun. 2012	Established Fuyao (Shenyang) Automobile Glass Co., Ltd.
Nov. 2012	Established Fuzhou Fuyao Float Glass Co., Ltd.
Dec. 2012	Established Chengdu Lvrong Automotive Glass Co., Ltd.
Sep. 2013	The Company has completed the first phase of its plant construction project in Kaluga, Russia. which is capable of producing automotive safety glass for 1 million vehicles per year.
Oct. 2013	The Company established a wholly owned subsidiary in Kaluga, Russia to produce float glass.
Oct. 2013	The Company established a wholly owned subsidiary in Ohio, U.S.A. to produce automotive safety glass.
Dec. 2013	Yantai Fuyao Glass Co., Ltd., a sub-subsidiary of the Company, broke ground for its automotive glass plant.
Mar. 2014	The Company began to construct a new plant, Wuhan Fuyao Glass Co., Ltd., in the Wuhan Economic & Technological Development Zone.
Mar. 2014	Baoding Fuyao Glass Co., Ltd. was established.
May 2014	Fuyao Hainan Float Glass Co., Ltd. completed the registration procedures.
Jul. 2014	Fuyao Automotive North America set up a subsidiary, Fuyao Glass Illinois Co., Ltd. (tentative name) in Illinois, U.S..
Mar. 2015	The Company was listed on the Main Board of The Stock Exchange of Hong Kong Limited.
May 2015	Tianjin Hongde Automotive Glass Co., Ltd. was established.
Sep. 2017	Fuyao International Holdings Co., Ltd. was set up.
Jun. 2018	The Company's wholly-owned subsidiary, Fuyao (Hongkong) Co., Ltd., to purchase 100% shares in Fujian Triplex Automotive Trims Co., Ltd. at the cost of CNY 224 million.
Jun. 2018	The Company sold 75% of shares in its subsidiary, Fuyao Group Beijing Futong Safety Glass Co., Ltd., to Taiyuan Jinnuo Investment Co., Ltd.
Feb. 2019	Established a wholly owned subsidiary, Fujian Fuyao Automotive Aluminum (Fujian) Co., Ltd.
Mar. 2019	Fuyao Automotive Glass Co., Ltd., a wholly owned subsidiary, acquired a 100% stake in Jiangsu Sanfeng Automobile Decoration Co., Ltd.
Aug. 2019	Established a wholly owned subsidiary, Fuyao Technology Development (Suzhou) Co., Ltd.
Dec. 2020	The company acquired 4.55% of the shares of China Intelligent and Connected Vehicles (Beijing) Research Institute Co., Ltd. for CNY 58 million.
2022	Established Fuyao High Performance Glass Technology (Fujian) Co., Ltd. and Fuyao Tongliao Silicon Industry Co., Ltd.

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