Huayu Automotive Systems Co., Ltd.
Company Profile
Business Overview
-HUAYU Automotive Systems Co., Ltd. is a core automotive parts platform under SAIC Motor Group. Its major products have entered markets in Europe, the U.S., Korea, Australia, and Southeast Asia.
-The Company has many joint ventures and affiliated companies with major European, American and Japanese suppliers. In addition to the parent company SAIC Group, the Company has established longstanding business partnerships with domestic automakers such as SAIC VW, SAIC GM, FAW VW, Changan Ford, Beijing Benz, Brilliance BMW, Dongfeng Nissan, SAIC Motor Passenger Vehicle, Great Wall Motor, Jianghuai Automobile, GAC Group, BAIC Group, Geely Automobile, BYD, Tesla Shanghai, Chery Automobile, Xiaomi Auto, and XPeng, as well as global OEMs such as VW, GM, Audi, BMW, Mercedes-Benz, and Tesla.
-In 2025, 64.6% of the Company's core business sales were to automotive customers other than SAIC Group. Tesla Shanghai, Seres Auto, BYD, Geely Automobile, Xiaomi Auto, FAW VW, Chery Automobile, Brilliance BMW, XPeng, and Jianghuai Automobile were the top 10 automotive customers in China by revenue contribution (excluding SAIC Group). In 2025, of the Company's newly secured business lifecycle orders, more than 80% were related to new energy vehicle (NEV) models and more than 65% were related to Chinese local brands.
-As of the end of December 2025, the Company had a total of 378 R&D, manufacturing and service sites in 23 provinces, cities and autonomous regions in China. The company's automotive interiors, lightweight cast aluminum, lighting, and fuel tank systems had established 97 manufacturing facilities (including R&D) in the United States, Germany, Thailand, Russia, the Czech Republic, Slovakia, India, Mexico, Canada, South Africa, Japan, Spain, Italy, Brazil, Indonesia, Serbia, Malaysia, and Uzbekistan.
-The company's major subsidiary, Yanfeng Automotive Trim Systems Co., Ltd., posted sales of CNY 131,794.77 million and operating income of CNY 5,188.53 million in fiscal 2025.
Shareholders
| Listed on the Shanghai Stock Exchange | (as of Dec. 31, 2025) |
| Major Shareholder | Shareholding Ratio |
| SAIC Motor Corporation Limited |
58.32% |
| Other shareholders |
41.68% |
|
Total |
100% |
Products
Interior / exterior trim
-Door panel assemblies
-Bumper assemblies
-Instrument panels
-Front section modules
-Complete seats
-Airbags
-Seat belts
-Lamps
-Interior trims
-Sealings
Electronic components
-Remote Keys
-Body control units
-Sunroofs
-Wire harnesses
-Motors
-Electronic entertainment
Metal forming parts and dies
-Body structure
-Door cover/floor press products
-Hot press structure
-Press dies
New energy parts
-Electric air-conditioning
-Thermal management systems
-Drive motors
-Electric power steering
-Integrated start-stop
-Battery trays
-Electronic pumps
-Solid-state batteries
Auto function parts
-Transmission system
-Steering system
-Steer-by-wire (SBW)
-Air conditioning system
-Braking system
-Electric parking brake (EPB)
-Exhaust system
-Springs
-Tanks
-Chassis modules
Hot-work parts
-Aluminum wheel hubs
-Pistons
-Cylinder heads
-Transmission cases
-Forging parts
-Engine cylinders
Radar
- Millimeter wave radar
-4D imaging radar
History
| 1988 | The SAIC Group established Shanghai Union Automobile & Tractor Industry Trade Co., Ltd. |
| 1988 | The SAIC Group established Shanghai Ek Chor General Machinery Co., Ltd., which is now called Sanden Huayu Automotive Air-Conditioning Co., Ltd. |
| 1988 | The SAIC Group and GKN Automotive jointly established Shanghai GKN Drive Shaft Co., Ltd. |
| 1988 | The SAIC Group and HongKong Shanghai SIIC Co., Ltd. jointly established Shanghai SIIC Transportation Electric Co., Ltd. |
| 1988 | The SAIC Group jointly established YAPP Automotive Parts Co., Ltd. |
| 1989 | The SAIC Group established Shanghai Tractor & Internal Combustion Engine Co., Ltd. |
| 1989 | The SAIC Group and Koito Manufacturing Co., Ltd. jointly established Shanghai Koito Automotive Lamp Co., Ltd. |
| 1990 | The SAIC Group established Shanghai Automotive Forging Works, which is now called Shanghai Automotive Forging Co., Ltd. |
| 1992 | The SAIC Group and Bardsey Group Limited jointly established Shanghai Cosmopolitan Automobile Accessory Co., Ltd. |
| 1994 | The SAIC Group and Visteon jointly established Yanfeng Visteon Automotive Trim Systems Co., Ltd. |
| 1994 | The SAIC Group and ITT Automotive jointly established Shanghai Automotive Brake Systems Co., Ltd. This joint venture became a member of the Continental Teves Group in 1998, when Continental of Germany acquired the brake chassis components division of ITT and established Continental Teves. |
| Nov. 1994 | The SAIC Group and ZF jointly established ZF Shanghai Steering Co., Ltd. |
| 1995 | The SAIC Group and Metzeler jointly established Shanghai SAIC-Metzeler Sealing Systems Co., Ltd. |
| 1995 | The SAIC Group and Valeo jointly established Shanghai SAIC Valeo Automotive Electrical Systems Co., Ltd. |
| 1997 | The SAIC Group and Kolbenschmidt jointly established Kolbenschmidt Shanghai Piston Co., Ltd. |
| July 1997 | The SAIC Group and TRW jointly established Shanghai TRW Automotive Safety Systems Co., Ltd. (STASS). |
| Aug. 1997 | The SAIC Group established Shanghai Automotive Co., Ltd. as a stock corporation. |
| Nov. 1997 | Shanghai Automotive Co., Ltd. was listed on the Shanghai Stock Exchange. |
| Dec. 1997 | Shanghai Automotive Co., Ltd. acquired China Spring Factory, which is now called China Spring Corporation Limited. |
| 1998 | Shanghai Automotive Co., Ltd. and Teksid jointly established Hua Dong Teksid Automotive Foundry Co., Ltd. |
| 1999 | Shanghai Automotive Co., Ltd. and Federal-Mogul jointly established Federal-Mogul Shanghai Bearing Co., Ltd. |
| 2000 | Shanghai Automotive Co., Ltd. and Pieburg jointly established Kolbenschmidt Pierburg Shanghai Nonferrous Components Co., Ltd. |
| June 2000 | Shanghai Automotive Co., Ltd. and Sanden jointly established Sanden Shanghai Automotive Air-Conditioning Co., Ltd. The name of the joint venture company was changed to Shanghai Sanden Behr Automotive Air Conditioning Co., Ltd. in 2004. |
| June 2004 | Shanghai Automotive Co., Ltd. established Shanghai Superior Die Technology Co., Ltd. |
| Nov. 2006 | The SAIC Group transferred 11 automakers, including Shanghai VW and Shanghai GM, as well as three companies producing engines and electronic components to Shanghai Automotive Co., Ltd. At the same time, Shanghai Automotive transferred 15 companies to the SAIC Group. |
| Sep. 2007 | Shanghai Automotive Co., Ltd. and Federal-Mogul jointly established Federal-Mogul Shanghai Compound Material Co., Ltd. |
| Aug. 2008 | Taking the opportunity presented by the restructuring of Shanghai Ba-Shi, the SAIC Group injected its independent automotive parts supply business into Shanghai Ba-Shi. |
| Apr. 2009 | The SAIC Group acquired and restructured Shanghai Ba-Shi (Group) Industrial Co., Ltd. |
| June 2009 | Shanghai Ba-Shi (Group) Industrial Co., Ltd. changed its name to HUAYU Automotive Systems Company Limited and began operating the SAIC Group's automotive parts business. |
|
Oct. 2010 |
The Company and Guizhou Aerospace Industry Co., Ltd. established Huayu Automotive Electric Systems Co., Ltd. |
| Apr. 2011 | SAIC Motor directly acquired a 60.10% stake in the Company. The SAIC Group ceased to hold a direct stake in the Company, while SAIC Motor became the Company's controlling shareholder. The SAIC Group remained the Company's actual controller. |
| May 2013 | Shanghai Xingfu Motorcycle Co., Ltd., a subsidiary of the Company, and Germany-based Pierburg Pump Technology GmbH established Huayu Pierburg Pump Technology Co., Ltd. |
| The Company and the Chia Tai Group of Thailand jointly established Huayu Chia Tai Co., Ltd. | |
| Mar. 2014 | Shanghai Superior Die Technology Co., Ltd., a subsidiary of the Company, planned to acquire a 100% stake in Nanjing Automobile Tooling Co., Ltd. for CNY 251.3605 million in cash. |
| May 2014 | Yanfeng Automotive Trim Systems Co., Ltd., a wholly owned subsidiary of the Company, signed a definitive agreement to form the world's largest automotive interiors joint venture with Johnson Controls Inc. |
| June 2014 | Yanfeng Automotive Trim Systems (Shenyang) Co., Ltd. and Shenyang Yanfeng Johnson Controls Seating Co., Ltd., subsidiaries of the Company, began operations in Dadong District, Shenyang. |
| July 2014 | Huayu Automotive System (Shanghai) Co., Ltd., a subsidiary of the Company, acquired a 50% stake in KS Aluminium-Technologie GmbH, a wholly owned subsidiary of KSPG. |
| Nov. 2014 | Federal-Mogul Shanghai Bearing Co., Ltd. and Federal-Mogul Shanghai Compound Material Co., Ltd., subsidiaries of the Company, completed construction of their new plant in Zhoupu. |
| Jan. 2015 | Dongfeng Visteon Automotive Trim Systems Co., Ltd. and Grupo Antolin Irausa, S.A. established Dongfeng Antolin (Wuhan) Automotive Roof Trim Systems Co., Ltd. |
| June 2015 | The Company and Continental jointly invested in the establishment of Huayu Continental Brake Systems (Chongqing) Co., Ltd. |
| Dec. 2015 | Huayu Automotive System (Shanghai) Co., Ltd. invested CNY 170 million in the capital increase of Shaanxi Qinghua Vehicle Safety System Co., Ltd. and acquired a 35% stake in the company. |
| Dec. 2016 | Huayu Automotive System (Shanghai) Co., Ltd. invested CNY 120 million in the capital increase of Hubei Hangpeng and acquired a 30% stake in the company. |
| May 2017 | The new plant of Huayu Continental Brake Systems (Chongqing) Co., Ltd. officially began operations. |
| Oct. 2017 | The Company and Magna (Taicang) established Huayu Magna Electric Drive System Co., Ltd. |
| Nov. 2017 | Yanfeng Hainachuan Automotive Trim Systems Cangzhou Co., Ltd., a subsidiary of the Company, began operations. |
| Mar. 2018 | Shanghai Koito Auto Lamp became a wholly-owned subsidiary of the Company and was renamed Huayu Vision Technology (Shanghai) Co., Ltd. |
| Dec. 2018 | The Company and ZF (China) Investment Co., Ltd. signed a share transfer agreement for the acquisition of ZF's 50% stake in Shanghai Sachs Powertrain Components Systems Co., Ltd. |
| Dec. 2018 | The Company and TRW Asia Pacific Co., Ltd. signed a share transfer agreement for the sale of the Company's 50% stake in Shanghai TRW Automotive Safety Systems Co., Ltd. |
| Dec. 2018 | The Company's subsidiary, Yanfeng Automotive Trim Systems Co., Ltd., and the Woodbridge Group established Yanfeng Woodbridge Lightweight Composite Materials Co., Ltd. |
| Jan. 2019 | KS HUAYU AluTech, a joint venture with Rheinmetall, expanded its Neckarsulm, Germany plant to include a new aluminum structural component manufacturing facility. |
| Apr. 2019 | The Company acquired a 30% share of Shanghai SIIC Transportation Electric Co., Ltd. (STEC). STEC became the Company's wholly-owned subsidiary. |
| Sep. 2019 | The Company established a new company named Yanfeng Technology Co., Ltd. |
| Nov. 2019 | The Company began construction of its automotive R&D center in Pudong New Area, Shanghai. |
| Jan. 2021 | The Company acquired Woodbridge's 49.9% stake in Yanfeng Woodbridge Lightweight Composite Materials Co., Ltd., making it a wholly-owned subsidiary. |
| Oct. 2022 | ARC Automotive and Yanfeng Automotive Trim Systems Co., Ltd. established a joint venture. |
| Apr. 2025 | Huayu Automotive Systems (Shanghai) Co., Ltd. (HASCO Shanghai), a wholly-owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), signed an agreement with Shanxi Huaxiang Group Co., Ltd. (Huaxiang Group) for the establishment of Huaxiang Shengdeman (Shanghai) Automotive Systems Co., Ltd., a joint venture (JV) mainly engaged in the casting and processing of cast iron products such as automotive brake housings, brake brackets, and steering knuckles. Having completed industrial and commercial registration, the JV is 30% and 70% owned by HASCO and Huaxiang Group, respectively. |
| Aug. 2025 | Huayu Automotive Systems Co., Ltd. (HASCO) plans to acquire SAIC Motor’s 49% stake in Shanghai SAIC QingTao Energy Technology Co., Ltd. (SAIC QingTao) for CNY 206 million. Upon completion of the transaction, HASCO will own 49% of SAIC QingTao. The stake acquisition marks HASCO’s first foray into the solid-state battery industry, which is conducive to complementing the company’s “intelligent power” product matrix for synergistic development of operations such as solid-state batteries, e-drives, and thermal management systems. |
| Aug. 2025 | Shanghai Huizhong Automotive Manufacturing Co., Ltd. (Shanghai Huizhong), a wholly-owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), plans to acquire a 5.2957% stake of six shareholders, including Beijing Horizon Robotics Technology R&D Co., Ltd. , in DIAS Automotive Electronic Systems Co., Ltd. (DIAS) for no more than CNY 155 million. Shanghai Huizhong also acquired a 51% stake in Nanjing Donghua Intelligent Steering System Co., Ltd. to strengthen its intelligent chassis business. |
| Jan. 2026 | Huayu Automotive Systems Co., Ltd. (HASCO) announced that it will relocate to 501 Keyuan Road, Pudong New District, Shanghai on January 19. Investors need to be aware that HASCO’s relocation will not involve contact information updates, such as phone numbers, fax numbers, and e-mail addresses. |
Supplemental Information 1
>>>Business report FY2010
>>>Business report FY2011
>>>Business report FY2012
>>>Business report FY2013
>>>Business report FY2014
>>>Business report FY2015
>>>Business report FY2016
>>>Business report FY2017
>>>Business report FY2018
>>>Business report FY2019
>>>Business report FY2020
>>>Business report FY2021
>>>Business report FY2022
>>>Business report FY2023
>>>Business report FY2024
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