Jinan Worldwide Auto Accessory Co., Ltd.
- A member company of Wonder Auto Technology Inc.
- A leading manufacturer of automotive engine valves and valve tappets in China. As of Dec. 2016, the Company has annual capacity of 60 million valves and 10 million valve tappets.
- Its products are sold under the brand names "Shanhe", "Foryou" and "WORLDWIDE".
-Unlisted (As of December 31, 2016)
|Shareholders||Shareholding Ratio (%)|
|Jinzhou Halla Electrical Equipment Co., Ltd.||42.03%|
- Engine valves
- Valve 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 won a contract award to supply a manufacturer on an OEM basis.|
|Sep. 2004||Developed and started mass production of C-type engine valve lifters 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.|
Supplemental Information 1
>>>Business Report FY ended 2015
Note: A figure in brackets ( ) indicates a loss