Guizhou Guihang Automotive Components Co., Ltd.

Company Profile

■URL

https://www.fjzzw168.cn/com/0851-86303408/

■Address

No.361, Pujiang Road, Xiaohe Eco & Tech Development Zone, Guiyang 550009, Guizhou, China

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, 2023)

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

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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

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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.
Oct. 2013	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.
Aug. 2015	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.
Aug. 2016	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.