Northeast Industries Group Co., Ltd.
Company Profile
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Business Overview
-A subsidiary of China North Industries Group Corporation, the company focuses on automotive and special vehicle components, and has three well-known brands: Pengxiang, Aowei and Yidong. The Company supplies products including steering column switch systems, drive systems, brake systems, transmission systems, electric control systems, bodies, and parts to OEMs inside and outside China.
-The Company is the largest shareholder of the Changchun Yidong Clutch Co., Ltd., a listed company.
-In 2015, the Company completed the acquisition of Delphi’s (Aptiv’s) receiver system business, including automotive antennas and TV tuners. After the acquisition, the new company was registered as FUBA (Germany) Automotive Electronics Co., Ltd. In December 2016, the Company completed the acquisition of the Mechatronics Projects of Delphi (Aptiv), re-establishing the new company as Merit Automotive Electronics Systems Co., Ltd.
Shareholders
Non-listed | (As of Dec. 31, 2022) |
Company Name | Share Ratio |
China North Industries Group Corporation Limited (NORINCO Group) | 100% |
Products
Brake Systems
-Vacuum boosters
-Brake master cylinders
-Disc brakes
-Drum brakes
Drive Systems
-Clutches
-Transmission shafts
Steering Systems
-Steering knuckles
Drive Systems
-Front axles
-Rear axles
-Suspensions
-Drive axles
-Dual axles
-Single axles
-Front/Rear axle assemblies
Engine Parts
-Engine connecting rods
-Flywheel ring rear assemblies
-Ring gears
Lighting Systems
-Headlights
-Rear lights
-Fog lamps
-Combination rear lamps
Automotive Electronics
-Antennas
-Digital broadcasting tuners
-Mobile TV tuners
-Roof GPS
-SPR pocket receivers
-LTE emitters
Others
-Hydraulic parts
-Hydraulic lifting mechanisms
History
1956 | Jilin Dongguang Group Co., Ltd., the Company's predecessor, was established. |
1989 | Jilin Dongguang Aowei Automotive Brake System Co., Ltd. and Jilin Koito Dongguang Automotive Lamp Co., Ltd., the Company's subsidiaries, were established. |
1992 | Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, was established. |
1995 | Shandong Pengxiang Automobile Co., Ltd., the Company's subsidiary, was established. |
1996 | Jilin GKN Norinco Drive Shaft Co., Ltd., the Company's subsidiary, was established. |
1998 | Jilin Dongguang Precision Machinery Factory, the Company's subsidiary, was established. |
May 1998 | Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, was listed on Shanghai Exchange Stock. |
Apr. 2000 |
Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, established ShenyangYidong Four Rings Clutch Co., Ltd. with Shengyang Friction Sealing Material Factory to manufacture clutches and related products. |
2002 | Changchun Yidong Clutch Technology Co., Ltd., the Company's subsidiary, was established. |
Sep. 2004 | Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, established Changchun Yidong Automobile Component jointly with Dongjin Semichem Co., Ltd. of Korea to manufacture Cab tilting systems. |
Oct. 2004 | Changchun Yidong Clutch, the Company's subsidiary, established Changchun Yidong Equipment Manufacturing Co., Ltd. as a joint venture with Jinlin Dongguang Group Co., Ltd. |
2009 | Jilin Dongguang Youcheng Machine Co., Ltd., the Company's subsidiary, was established. |
2011 | Baicheng Zhongyi Precision Forging Connecting Rod Co., Ltd., the Company's subsidiary, was established. |
Sep. 2011 | According to China North Industries Group Corporation, Norinco Group's regional industrial restructure strategic requirements, the Company was formed by Jilin Dongguang Group Co., Ltd. and Jilin Jiangbei Machinery Manufacturing Co., Ltd. |
2013 | Chengdu Dongguang Aowei Brake System Co., Ltd., Kaifeng Dongguang Aowei Chassis System Co., Ltd. and Jilin Kaide Automotive Parts Co., Ltd., the Company's subsidiaries, were established. |
2014 | Chengdu Dongguang Zhongyi Precision Co., Ltd., the Company's subsidiary, was established. |
Jul. 2015 |
The Company completed acquisition of Delphi's receivers system business at USD 25 million. After the transaction, the business was registered as FUBA Automotive Electronics Co., Ltd., in Germany. |
Jan. 2017 |
The company acquired the Delphi Mechatronics project and established a new company - Merit Automotive Electronics Co., Ltd. |
Supplemental Information 1
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