Jinan Worldwide Auto-Accessory Limited
-The Company is a wholly-owned subsidiary of Wonder Auto Group Limited (Wonder Group). It is engaged in the manufacture and sale of valves and valve tappets for automotive engines.
-Customers included Audi, Volkswagen, Ford, Toyota, Mitsubishi, PSA, FAW, China National Heavy Duty Truck, Chery, Weichai, Yuchai, Shanghai Diesel Engine and other OEMs and engine manufacturers.
-Currently, the Company can produce a full range of valve products for cars, heavy-duty vehicles, medium-duty vehicles, light-duty vehicles and mini vehicles.
-The Company’s three brands are “SHANHE”, “FORYOU” and “WORLDWIDE”.
|-Unlisted||(As of Dec. 31, 2021)|
|Shareholders||Shareholding Ratio (%)|
|Wonder Auto Group Limited||100|
- Sodium filled valves
- Casting tappets
- Steel tappets (including welded tappets)
- Cup-type tappets
- Roller tappets
|1956||The Company was established|
|1984||Introduced valve production technology and equipment from TRW (USA)|
|1986||Became an affiliate of the China National Automotive Industry Corporation|
|1990||Purchased a production line to manufacture valves and valve lifters from Ford (US)|
|2001||Launched a new brand "Foryou" in addition to the existing "Shanhe".|
|2001||Developed the Toyota 8A valves for Tianjin Toyota Auto Engine Co., Ltd. and was awarded a contract to supply the manufacturer on an OEM basis.|
|Sep. 2004||Developed and started production of C-type engine valve tappets for Cummins.|
|June. 2005||The Company was acquired by the investment company Beijing Hongyi Investment Co., Ltd. and adopted its current name.|
|Mar. 2006||Received the first order of valves from Ford Motor Co.|
|2008||The Company was acquired by Wonder Auto Technology Inc.|
|2010||The Company acquired Mitsubishi Group's engine valve plant in Shenyang, established Shenyang Worldwide Auto-Accessory Co., Ltd.|
|Feb. 2021||The shareholder of the subsidiary Shenyang Worldwide Auto-Accessory Co., Ltd. was changed and the company no longer holds its shares.|