Guizhou Guihang Automotive Components Co., Ltd.
Company Profile
■URL
https://www.fjzzw168.cn/com/0851-86303408/
■Address
Business Overview
-The Company is a supplier that was formed in 1999, when China Guizhou Aviation Industry (Group) Co., Ltd. and other companies established it by consolidating several domestic Chinese auto parts companies into a single company.
-The Company manufactures mainly automotive components such as wiper systems, window regulators, weather strips, electronic switches, door locks and handles, and heat exchangers chiefly for Chinese OEMs.
Shareholders
Listed on the Shanghai Stock Exchange (As of Dec. 31, 2022)
| Shareholders | Shareholding ratio |
| AVIC Automotive Systems Holdings Co., Ltd. | 37.01% |
| China National Guizhou Aviation Industry (Group) Co., Ltd. | 9.28% |
| Others | 53.71% |
| Total | 100.00% |
Products
Heat exchange systems
-Radiators
-Oil coolers
-Heaters
-Evaporators
-Condensers
-Inter coolers
Filters
-Air filters
-Air filter elements
-Oil filters
Wipers/Window regulators
-Wiper systems
-Wiper motors
-Wiper parts
-Front wiper drive assemblies
-Window regulators
Switches/Locks
-Switches
-Combination switches
-Electronic combination switches
-Instrument switches
-Special switches
-Key sets
-Door locks
-Door handles
Electronic parts equipment
-Ignition coils
-Wire harnesses
Rubber parts
-Weather strips
-V belts
-Rubber hoses
-Rubber parts
Other products
-Plating
-Aluminum water tanks
History
| Dec.1999 | The Company was established as a joint venture among 8 companies ; China National Guizhou Aviation Industry (Group) Co., Ltd.; Guizhou Hongyang Machinery (Group) Corporation; Huayang Electrical Factory of GAIC; Yonghong Machinery Factory of GAIC; Guizhou Shengyi Rubber Factory; China National Guizhou Aviation Industry Supply & Marketing Guizhou Company; Guizhou Marine Economic Development Co., Ltd.; and Guizhou Xinda Machinery Factory. Capitalized at CNY 150 million. |
| Dec. 2001 | Listed on the Shanghai stock exchange. Issued 70 million shares. Paid-in capital of CNY 220 million. |
| Oct. 2003 | Established Suzhou Huachang Mechanical and Electrical Co., Ltd. jointly with Tokai Rika and two Korean automotive parts suppliers. |
| Oct. 2003 | Acquired a 48% ownership in Shanghai Hongyang Seal Products Co., Ltd. by purchasing shares from Guizhou Hongyang Machinery (Group) Corporation. |
| May 2005 | The Company's subsidiary, Guizhou Huachang Automobile Electrics Co., Ltd. established Suzhou Huachang Pacific Plastic Co., Ltd to produce plastic components for automobile lock assemblies. |
| Nov. 2007 | The Company and Thermal Dynamics International of the U.S.A. jointly established Guizhou Yonghong Thermal Dynamics Co., Ltd. to manufacture heat exchangers. |
| Jan. 2008 | The Company acquired 100 percent of the equity in Guiyang Wanjiang Aviation Electromechanical Co., Ltd., which is a member of the China National Guizhou Aviation Industry (Group). |
| Feb. 2010 | The Company established Chongqing Hongyang Sealing Products Co.,Ltd. with Chongqing Tanjin Plastics to manufacture automobile sealing parts. |
| Apr. 2013 | The Company acquired a 51 percent share in Guiyang Huaxu Science & Technology Development Co., Ltd. |
| Oct. 2013 | The Company acquired a 75 percent share in Beijing Daqi Climate Control Co., Ltd. |
| The Company's subsidiary, Guiyang Wanjiang Aviation Electromechanical Co., Ltd. established Chengdu Wanjiang Automotive Components Co., Ltd, a wholly owned subsidiary in Chengdu. | |
| Dec. 2013 | The Company established Hebei Guihang Hongtu Auto Parts Co., Ltd. jointly with the shareholder of Hebei Hongtu Auto Parts Co., Ltd. |
| Aug. 2015 | The Company acquired 38% shares in Mitsui Huayang Auto Parts Co., Ltd. |
| The Company established Shanghai Yonghong Thermal Systems. | |
| Aug. 2016 | The Company announced that it will liquidate and deregister its two production facilities in Hongyang City: Haikou Hongyang Seal Products Branch Company; and Guizhou Huachang Automobile Electrics Co., Ltd. Haikou Branch. |
| The Company announced that it will transfer its stake in the following: -a 40% stake in Chongqing Hongyang Sealing Product Co., Ltd.; -a 51% stake in Guiyang Huaxu Science & Technology Development Co., Ltd.; -a 72.83% stake in Guiyang Huake Electro-plating Co., Ltd.; -a 40% stake in Xuzhou Guihang Linde Power Machinery Manufacturing Co., Ltd.; - and a 40% stake in Guizhou Wankaisheng Motor Co., Ltd. |
|
| Oct. 2019 | Shareholders reached a consensus on deregistering Chongqing Hongyang Sealing Product Co., Ltd. |
| Apr. 2020 |
Completed the cancellation of Liuzhou Hongyang Seal Branch of Guizhou Guihang Automotive Components Co., Ltd. |
| Sep. 2020 | Completed the cancellation of Chongqing Hongyang Automobile Sealing Parts Co., Ltd. |
| Mar. 2021 | The company announced that Hongyang Seal Company of Guizhou Guihang Automotive Components Co., Ltd. was transformed into a wholly-owned subsidiary and cancelled, and Guizhou Hongyang Seal Co., Ltd. was newly established. |
Supplemental Information 1
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Note: A figure in brackets ( ) indicates a loss