Tianhai Auto Electronics Group Co., Ltd. (THB Group)

Company Profile

■URL

http://www.thb.com.cn

■Address

Tianhai Building, No.3, Songjiang Road, Hebi Economic and Technological Development Zone, Henan, China

Business Overview

-The Company is a major Chinese automotive supplier engaged in R&D, manufacturing, and sales of wire harnesses, fuse boxes, connectors, electronic devices, products for New Energy Vehicles (NEVs), and rubber products. The Company has established long-term and stable cooperative relations with domestic and foreign OEMs including Chongqing Changan, SAIC-GM, Chery Automobile, BAIC Group, Geely Automobile, Chrysler, and GM. The company has also developed new customers, including Tesla, NIO, XPeng Motors, Li Auto and other New Energy Vehicle manufacturers.

-The Company has 36 sales offices and 20 production bases around the world, and its products are exported to the United States, Germany, Italy, Spain, Australia, South Korea and other countries.

-In 2022, the Company's sales reached CNY 9.53 billion. It has over 22,000 employees.

Shareholders

-Unlisted. The Group was delisted from the Singapore Stock Exchange on February 6, 2017. (As of December 31, 2022)
Company name Investment ratio (%)
Guangzhou Industrial Investment Holdings Group 43.00%
Hebi Juren Enterprise Management Co., Ltd. 20.45%
Others 36.55%

Products

Connectors
Terminal housings
Clips and tie straps
Rubber
Fuses

Electrical Junction Boxes
-Central electrical junction boxes
-High voltage boxes
-Smart electric boxes

Wire Harnesses
-Airbag harness
-Engine harness
-Battery harness
-Seat harness
-Instrument wiring harness
-A/C wiring harness
-Door wiring harness

Auto Electronics
-Lighting controller
-Rearview mirror folder
-Headlight adjusters

Harness Equipment

NEV Products
-High voltage motor harness
-High voltage battery harness
-High voltage power harness
-High voltage DC harness
-High voltage PTC harness

History

Oct.1969 Hebi Canvas Paint Factory was established.
1977 Hebi Canvas Paint Factory was renamed Hebi Automotive Electrics.
May 1981 Hebi Axle Factory merged into Hebi Automotive Electrics.
1988  Hebi Plastics Plant merged into Hebi Automotive Electrics.
1994 Henan Tianhai Electrics (Group) Company was established.
2006.10    Henan Tianhai Electrics (Group) was renamed Henan Tianhai Electrics Co., Ltd.
2007.08 Henan Tianhai Electrics Co., Ltd. and Henan Xuecheng Technology Co., Ltd. were restructured and listed in Singapore exchange.
Feb. 2008 Purchased Kensa U.S.A. and established TENA U.S.A.
Jan.9 2012 Acquired 51% equity interest in Liu Zhou Tianhai Mengli Electric Co., Ltd.
Sep.27 2012 Sold its entire 51% stake in Kunshan Tianhai Jiexing Co., Ltd (“Kunshan Jiexing”).
Feb. 9 2012 Divested the Group’s entire automotive connector and wiring harness business.
Mar. 2014 Henan Tianhai Electric Co., Ltd, a subsidiary of the Company, acquired the remaining 20% equity interest in Hebi Tianzhong Connectors Co., Ltd, thus, Hebi Tianzhong becomes a wholly owned subsidiary of Henan Tianhai.
Feb. 2017 The Company was delisted from the Singapore Stock Exchange.
2017 Tianhai was reorganized into a joint stock limited company and renamed as Tianhai Auto Electronics Group Co., Ltd.,in 2017.
2018 Tianhai Auto Electronics Industrial Park begins operations in 2018.

Supplemental Information 1