China Auto Electronics Group Limited (THB Group)
-The Company is a leading manufacturer of automobile wire harnesses and connectors in China.
-The Company's main products include automotive connectors, electrical fuse boxes, automotive electronics and wiring harness.
-At the end of 2015, the Company's market share is over 20%.
-The Company's sales increased for three consecutive years due to higher sales volume in China and higher number of new car models being launched to meet customers’demands in the US.
-The Company's main business is wiring harness. In 2015, the Company's conbined wiring harness sales reached 2,803.51 million yuan, accounting for 76% of overall sales.
|Listed on Singapore Stock Exchange.||(As of March 31, 2015)|
|Major Shareholders||Shareholding Ratio|
|Zoro Express International Ltd||28.33%|
|Shine Sound Investment Ltd.||21.11%|
|Citibank Nominees Singapore Pte Ltd.||9.57%|
|OCBC Securities Private Ltd.||4.37%|
|Raffles Nominees (PTE) Ltd.||3.96%|
Clips and tie straps
Body control modules
-Tire Pressure Monitoring System
-GPS Vehicle Tracking Device
|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.|