Harbin Dongan Auto Engine Co., Ltd.

Company Profile

■URL

http://www.daae.com.cn/weben

■Address

No.51, Baoguo Street, Pingfang District, Harbin City, Heilongjiang Province, 150066 China

Business Overview

-Engine supplier affiliated with China Changan Automobile Group Co., Ltd. The Company is mainly engaged in the production, sales and related services of automobile engines and other parts.

Automotive engine business

-In addition to supplying engines for OEMs, the Company works with each OEM to provide development, matching, testing, production and related after-sales services.

-Manufactures engines for SUVs, MPVs, minibuses, light-duty trucks, and micro trucks. The main customers include Chongqing Changan Automobile Co., Ltd, BeiqiFoton Motor Co., Ltd., Dongfeng Automobile Co., Ltd., Chongqing ChanganKuayue Automobile Co., Ltd., and Li Auto (Beijing CHJ Information Technology Co., Ltd.). The Company exports products to Italy and Pakistan. Annual engine sales in 2020 increased 56.05% year-on-year to 385.1 million units. The market share in China is 2.05%.

-Continuing to focus on the development of range extender power technology, in 2020, the Company supplied the M2TDE range extender for the Ideal ONE.

Transmission business

-The Company manufactures the T15R and T18R series transmissions. The production and sales level in 2020 reached 350,000 units. Provided to automobile manufacturers as a powertrain combined with the engine.

Other components business

-Provide castings such as cylinder blocks and cylinder heads to other engine manufacturers.

Shareholders

Listed on the Shanghai Stock Exchange

(As of Dec. 31, 2020)
Shareholders Shareholding Ratio
China Changan Automobile Group 51.42%
Others 48.58%
Total 100%

Products

Engines
Transmissions
-Manual transmissions
-Automatic transmissions
Engine components
-Cylinder blocks
-Cylinder heads
-Pistons
-Shafts
-Exhaust pipes
-Bearing caps
-Castings
-Camshafts
-Gears

History

Oct. 1998 Founded by Harbin Dongan Engine (Group) Co., Ltd. 
The Company was listed on the Shanghai Stock Exchange (SSE).
May 1999 Capital participation in Harbin Dongan Engine (Group) Co., Ltd.
Aug. 2002 Capital participation in Harbin Dongan Liyuan Piston Co., Ltd. with an investment ratio of 35%.
July 2003 AVIC Technology & Industry Co., Ltd. became the largest shareholder of the Company.
Mar 2006 The company set up Harbin Hafei Automobile Industry Group Co., Ltd. with Harbin Motor Co., Ltd.
Apr. 2006 The Company invested in Harbin Dongan Huafu Machinery Manufacturing Co., Ltd., which produces intake manifolds.
Dec. 2009 The company became a subsidiary of China Changan Automobile Group.
May 2014 Harbin Dongan Auto Engine Co., Ltd. Transmission Branch was established.
Apr. 2016 Harbin Dongan Liyuan Piston Co., Ltd. was dissolved.
Oct. 2020 Acquired a 19.64% stake in Harbin Dongan Automotive Engine Manufacturing Co., Ltd. from a joint venture.
May 2021 Agreed on a strategic alliance with AVL List Technical Center (Shanghai) Co. Ltd. (AVL).

Supplemental Information 1