China Auto Electronics Group Limited (THB Group)

Company Profile

■URL

http://www.thb.com.cn

■Address

No.215, Qibin Street, Qinbin, Hebi, Henan, China

Business Overview

-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.

Shareholders

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%
Others 32.66%
Total 100.00

Products

Connectors
Terminals housings
Clips and tie straps
Rubber
Fuses

Fuse boxes

Fuse boxes
Junction boxes
Electric boxes

Wire harness
Body harnesses
ABS harnesses
Airbag harnesses
Engine harnesses
Battery cables

Auto electronics
Body control modules
Drive motors
Motor controllers
Vehicle electronics
ECUs
Headlight adjusters

Harness equipment  

Others
-Tire Pressure Monitoring System
-GPS Vehicle Tracking Device

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.

Supplemental Information 1