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

-A subsidiary of China Changan Automobile Group, mainly engaged in the development, production and sales of automobile engines, transmissions and related components.

-The products cover many market areas such as high-end sedans, SUVs, MPVs, pickup trucks, passenger cars, light-duty trucks, and all-terrain vehicles. Main customers include Changan, Foton, Li Auto, Dongfeng, BAC, Chery, Geely, JAC, Leapmotor, and Shaanxi Automobile Group Commercial Vehicle.

-In 2023, the company sold 485,900 engines with a market share of 2.58% and 119,600 automatic transmissions.

Shareholders

Listed on the Shanghai Stock Exchange

（As of Dec. 31, 2023）

Main Shareholders	Ownership Ratio (%)
China Changan Automobile Group Co., Ltd.	49.97
Others	50.03
Total	100

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Products

Engines

Transmissions
-Manual transmissions (MT)
-Automatic transmissions (AT)
-Automated manual transmissions (AMT)

Engine components
-Cast aluminum cylinder heads
-Cast aluminum cylinder blocks
-Camshafts
-Bearing caps
-Castings
-Transmission gears
-Differentials

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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.
Jan. 2021	The Company completed the acquisition of 55.64% equity interest in Harbin Dongan Automotive Engine Manufacturing Co., Ltd.
Apr. 2022	Started construction of a production base for hybrid systems for New Energy Vehicles.
Mar. 2023	Beiqi Foton Motor became a shareholder of the Company, holding 11.61% of the shares.
Mar. 2023	The Company acquired 60% equity of Beijing Zhiyue Engine Co., Ltd. (Beijing Zhiyue) from Beiqi Foton Motor Co., Ltd.