Guizhou Guihang Automotive Components Co., Ltd.
-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 in a single company.
-The Company manufactures mainly automotive components such as wiper systems, window regulators, weather strips, electronic switches, door locks and handles, heat exchangers, etc., mainly for Chinese OEMs.
-The brand WJEC for wiper systems.
-The company's new orders increased by 36% year-on-year, and the number of new orders was 251, of which new energy projects accounted for 16%.
Listed on the Shanghai Stock Exchange (As of Dec. 31, 2020)
|AVIC Automotive Systems Holdings Co.,Ltd.||37.01%|
|China National Guizhou Aviation Industry (Group) Co., Ltd.||9.28%|
|Guiyang Industrial and Commercial Investment Group Co., Ltd.||6.24%|
Heat exchange systems
-Air filter elements
-Front wiper drive assemblies
-Electronic combination switches
-Aluminum water tanks
|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 150 million yuan.|
|Dec. 2001||Listed on the Shanghai stock exchange. Issued 70 million shares. Paid-in capital of 220 million yuan.|
|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 companies that have been making losses:
-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.|