Guizhou Guihang Automotive Components Co., Ltd.

Company Profile

■URL

http://www.gzghgf.com/

■Address

No.166, Zhujiang Road, Xiaohe, Guiyang, Guizhou, China

Business Overview

-The Company manufactures mainly weather strips, air filters, radiators, keys, door locks, switches, wiper systems and window regulators.

-The Company was established as a joint venture among several companies including China Guizhou Aviation Industry (Group) Co., Ltd. It was created through the integration of auto parts manufacturing divisions of each company.

Shareholders

Listed on the Shanghai Stock Exchange (As of Dec. 31, 2016)

Shareholders Shareholding Ratio
China National Guizhou Aviation Industry (Group) Co., Ltd. 37.01%
China National Guizhou Aviation Industry (Group) Co., Ltd. 9.28%
Guiyang Industry Investment Group Co., Ltd. 6.56%
Others 47.15%
Total 100.00%

Products

Heat exchange systems
-Radiators
-Oil coolers
-Heaters
-Evaporators
-Condensers
-Inter coolers

Filter systems
-Air cleaners
-Air cleaner elements
-Oil filters

Wipers/Window regulators
-Wiper systems
-Wiper motors
-Wiper parts
-Front wiper drive assemblies
-Window regulators

Switches/Locks
-Switches
-Combination switches
-Electronic combination switches
-Instrument switches
-Special switches
-Key sets
-Door locks
-Door handles

Electric equipment
-Ignition coils
-Wire harnesses

Rubber parts
-Weather strips
-V belts
-Rubber hoses
-Rubber parts

Other products
-Platings
-Aluminum water tanks

History

Dec.1999 The Company was established as a joint venture among 8 companies ; China National Guizhou Aviation Industry (Group) Co., Ltd.; Guizhou Hongyang Machinery (Group) Corporation; Huayang Electrical Factory of GAIC; Yonghong Machinery Factory of GAIC; Guizhou Shengyi Rubber Factory; China National Guizhou Aviation Industry Supply & Marketing Guizhou Company; Guizhou Marine Economic Development Co., Ltd.; and Guizhou Xinda Machinery Factory. Capitalized at 150 million yuan.
Dec. 2001 Listed on the Shanghai stock exchange. Issued 70 million shares. Paid-in capital of 220 million yuan.
Oct. 2003 Established Suzhou Huachang Mechanical and Electrical Co., Ltd. jointly with Tokai Rika and two Korean automotive parts suppliers.
Oct. 2003 Acquired a 48% ownership in Shanghai Hongyang Seal Products Co., Ltd. by purchasing shares from Guizhou Hongyang Machinery (Group) Corporation.
May 2005 The Company's subsidiary, Guizhou Huachang Automobile Electrics Co., Ltd. established Suzhou Huachang Pacific Plastic Co., Ltd  to produce plastic components for automobile lock assemblies.
Nov. 2007 The Company and Thermal Dynamics International of the U.S.A. jointly established Guizhou Yonghong Thermal Dynamics Co., Ltd. to manufacture heat exchangers.
Jan. 2008 The Company acquired 100 percent of the equity in Guiyang Wanjiang Aviation Electromechanical Co., Ltd., which is a member of the China National Guizhou Aviation Industry (Group).
Feb. 2010 The Company established Chongqing Hongyang Sealing Products Co.,Ltd. with Chongqing Tanjin Plastics to manufacture automobile sealing parts.
Apr. 2013 The Company acquired a 51 percent share in Guiyang Huaxu Science & Technology Development Co., Ltd.
Oct. 2013 The Company acquired a 75 percent share in Beijing Daqi Climate Control Co., Ltd.
The Company's subsidiary, Guiyang Wanjiang Aviation Electromechanical Co., Ltd. established Chengdu Wanjiang Automotive Components Co., Ltd, a wholly owned subsidiary in Chengdu.
Dec. 2013 The Company established Hebei Guihang Hongtu Auto Parts Co., Ltd. jointly with the shareholder of Hebei Hongtu Auto Parts Co., Ltd.
Aug. 2016 Acquired 38 percent of Mitsui Huayang Auto Parts Co., Ltd.
Established Shanghai Yonghong Thermal Systems.

Supplemental Information 1