Huayu Sanden Automotive Air Conditioning Co., Ltd.

Company Profile

■URL

http://www.hasco-group.com/

■Address

No.1117, Shengli Road, Pudong New Area, Shanghai, China

Business Overview

- A joint venture of Huayu Automotive Systems Co, Ltd., and Sanden Corporation.
- The Company manufactures compressors used in air conditioning systems and related products for passenger vehicles, mini-vehicles, and light-duty commercial vehicles.
- The Company is the largest supplier of compressors used in air conditioning systems. 
- In addition to supporting Chinese OEMs such as SAIC VW, SAIC GM, and FAW-VW, the Company also exports its products to Europe and Asia.

Major Competitors

Products Supplier Its major customer
Air conditioning compressors

SDAAC Automotive Air-Conditioning Systems Co., Ltd. Shanghai

Formerly "Shanghai Delphi Automotive Air Conditioning Systems Co., Ltd."

SAIC Volkswagen, SAIC GM
Valeo Compressor (Changchun) Co., Ltd. FAW-Volkswagen

Shareholders

-Unlisted (As of Dec 31, 2018)

Shareholder Shareholding Ratio (%)
Huayu Automotive Systems Company Limited 48.0
Sanden Corporation 43.0
Shanghai Longhua Industry Co., Ltd. 9.0
Total 100

Products

Compressors
Fixed displacement wobble plate type compressors
Fixed displacement swash plate type compressors with double-headed pistons
Variable displacement wobble plate type compressors
Variable displacement swash plate type compressors with single-headed pistons
Internal control variable displacement swash plate type compressors
External control variable displacement swash plate type compressors
Fixed displacement scroll type compressors
Electric compressors
CO2 compressors
Compressor magnetic clutches
Compressor cylinder heads

Others
HVACs
Evaporators
Heater cores
Engine cooling modules
Condensers
Brazed radiators
Mechanical radiators
Charge air coolers
Auto air conditioning receiver driers

History

July 1990 Shanghai Automotive Industry Corporation Group (SAIC Group);  EK Chor Investment Co. of the Chia Tai Group of Thailand; and Shanghai Longhua Industry Co., Ltd. jointly established Shanghai Ek Chor General Machinery Co., Ltd.
June 2000 Established a variable compressor manufacturing joint venture, Sanden Shanghai Automotive Air Condition with its technical partner, Sanden of Japan.
Jan. 2004 Sanden (Japan) and Behr of Germany acquired 52.5% ownership in the Company. The Company adopted the current name Shanghai Sanden Behr Automotive Air Conditioning Co., Ltd.
April 2004 Shanghai Automotive Co., Ltd. decided to sell to the Company its 50% share it held in Shanghai Behr Thermal Systems Co., Ltd. After the equity transaction took place, Shanghai Behr Thermal Systems Co. became a 50/50 joint venture between the Company and Behr.
Dec. 2005 Shanghai Behr Thermal Systems Co., Ltd., a joint venture, completed construction of a new Jinqiao plant in Pudong New Area, Shanghai, and started production.
Sep. 2008 The Company and Sanden Corporation have formed a joint venture called Sanden (Suzhou) Precision Parts Co., Ltd., in Jiangsu.
Nov. 2012 Shanghai Behr Thermal System Co., Ltd., which is a subsidiary of the Company, established Shenyang Behr Thermal System Co., Ltd.
Feb. 2013 Shanghai Behr Thermal System Co., Ltd., which is a subsidiary of the Company, established Chengdu Behr Thermal System Co., Ltd.
Aug. 2014 Shenyang Behr Thermal System Co., Ltd. began production operations.
Feb. 2015 Chengdu Behr Thermal System Co., Ltd. began production operations.
Jan. 2016 Heqing factory of the Company held the groundbreaking ceremony at the Zhangjiang Hi-Tech Park in Pudong district, Shanghai.
2017 The Company's SEE series electric compressors that were developed in-house are scheduled to be mass produced.

Supplemental Information 1

>>>Business Report FY2011-2014
>>>Business Report FY2015
>>>Business Report FY2017

Archives of Past Exhibits

Note: A figure in brackets ( ) indicates a loss

Employees

  FY edned Dec. 31, 2017 FY edned Dec. 31, 2016 FY edned Dec. 31, 2015
Total 1,097 1,236 1,557

Production Volume

(in thousand units)
Products FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Compressors 5,586 5,900 4,327

Production Volume by Subsidiary Companies

(in thousand units)
Products Company Name FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Compressors Sanden Shanghai Automotive Air-Conditioning - 1,618 1,661
Air conditioning assemblies 1,776 - -
Air-conditioning systems Shanghai Behr Thermal System - 1,732 1,542
Condensers - - 493
Evaporators - - 294
Heaters - - 44
Turbocharged intercoolers 86 725 651
Radiators 86 2,273 2,363

Source: China Automotive Industry Yearbook (Issued every October)

Sales by Subsidiary

(CNY millions)
FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Shanghai Behr Thermal System Co., Ltd. 2,811.28 2,833.61 2,465.43
Sanden Shanghai Automotive Air-Conditioning Co., Ltd. 1,432.37 1,513.18 1,378.48

Source : China Automotive Industry Yearbook (Issued every October)