Huayu Vision Technology (Shanghai) Co., Ltd. (Formerly Shanghai Koito Automotive Lamp Co., Ltd.)
-The Company is China’s leading manufacturer of automotive lamps.
-Established in 1989, the Company has a registered capital of CNY 7.4 billion. It specializes in the research, development and manufacture of automotive lamps. Its major customers include SAIC VW, SAIC GM, Chang'an Group, FAW VW, SAIC Motor Passenger Vehicle Co., Ltd., Dongfeng Nissan, and Dongfeng Passenger Vehicle Co., Ltd. In 2016, the Company has total assets worth CNY 5.203 billion and sales of CNY 9.825 billion.
-The Company is a joint venture of Huayu Automotive Systems Company Limited, Koito Manufacturing Co., Ltd. of Japan and Toyota Tsusho Corporation. On September 29, 2017, it became a wholly owned subsidiary of Huayu Automotive Systems Company Limited. On March 28, 2018, the Company officially changed its name to "Huayu Vision Technology (Shanghai) Co., Ltd." It plans to upgrade its business scope from automotive lamps to automotive lighting systems and visual perception systems.
-In 2018, the Company's sales reached 13,832 million yuan.
||(As of Dec. 31, 2018)
Combination head lamps
Rear combination lamps
Front fog lamps
Rear fog lamps
Front turn signal lamps
Side turn signal lamps
Front side marking lamps
License plate lamps
High mounted stop lamps
Glove trunk lamps
||Keeping the former Shanghai Automotive Lamp Factory as the base organization, the company was established as a joint venture among three companies: Shanghai Automotive Co., Ltd.; Koito Manufacturing; and Toyota Tsusyo.
||The Company constructed a new factory in the Jia Ding District of Shanghai City.
||Established Chongqing Koito Automotive Lamp Co., Ltd. in Chongqing City.
||Began supplying automotive lamps to Shanghai GM.
||The company's R&D center in Shanghai started operations.
||Established a new plant in Yantai City, Shangdong Province.
||Started operations of the third plant.
||Acquired 51% shares of Jilin Dongguang Ruibao Automotive Lamp Co., Ltd.
||The Company's parent company, Koito Manufacturing, restarted construction of an automotive lighting production line in Guangzhou new plant.
||The Company's parent company, Koito Manufacturing, established a new plant, Hubei Koito Automotive Lamp Co., Ltd..
||The Company became a wholly-owned subsidiary of Huayu Automotive Systems Company Limited. It changed its name to "Huayu Vision Technology (Shanghai) Co., Ltd."
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2004-2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report from FY 2012 to FY ended Dec. 31, 2009
Note: A figure in brackets ( ) indicates a loss
Volume of Production
|(in thousand units)
||FY ended Dec. 31, 2015
||FY ended Dec. 31, 2014
||FY ended Dec. 31, 2013
|Shanghai Koito Automotive Lamp Co., Ltd.
|Jilin Koito Dongguang Automotive Lamp Co., Ltd.
Source: China Automotive Industry Yearbook (issued every October)
Supplemental Information 2
Other Koito Group Companies in China
|(As of Dec. 31, 2014)
|Hubei Koito Automotive Lamp Co., Ltd.
||Koito Manufacturing (100%)
|Guangzhou Koito Automotive Lamp Co., Ltd.
||Koito Manufacturing (100%)
|Fuzhou Koito Tayih Automotive Lamp Co., Ltd.
||Qingkou Town, Fujian
||Koito Manufacturing (51%)
Dayi International Investment 49%