Xuchang Yuandong Drive Shaft Co., Ltd.

Company Profile

■URL

http://en.xcyuandong.com/

■Address

Shangji Town, North Suburb of Xuchang, Henan 461111, China

Business Overview

-The Company is the first professional drive shaft manufacturer in China.

-The Company is largest non-constant velocity drive shaft manufacturer in China. It is one of industry standard setters.

-By the end of 2016, the Company has 162 professional production lines and has production capacity of 6 million sets of non-constant speed drive shafts. It is capable of producing more than 8,000 varieties of the drive shafts.

Shareholders

-Listed on Shenzhen Stock Exchange (as of Dec. 31, 2016)
Sharejolders Shareholding Ratio
Liu Yansheng 27.53%
Shi Caixia 3.43%
Yang Guojun 2.14%
Others 66.9%
Total 100%

Products

Drive shafts
Drive shaft parts

History

1953 Xuchang Yuandong Drive Shaft plant was established.
1969 The Company was identified by State Ministry of Machinery as the first professional drive shaft manufacturer.
Dec., 1992 Chongqing Heavy Automobile Yuandong Drive Shaft Co., Ltd., the Company's joint venture, was established.
2003 The Company transformed into a limited liability company.
Jun., 2005 Beijing Fuboda Drive Shaft Co., Ltd., the Company's subsidiary, was established.
Dec., 2006 Liuzhou Yuhang Drive Shaft Co., Ltd., the Company's subsidiary, was established.
Nov. 2007 Beijing Beiqi Yuandong Transmission Co., Ltd., the Company's subsidiary, was established.
Jan., 2008 Weifang Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.
May, 2010 The Company listed on the Shenzhen Stock Exchange.
Jul, 2010 Baotou Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.
Dec., 2010 Hefei Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.
May, 2012 Changsha Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.
Jun., 2014 Liuzhou Yuanteng Transmission Parts Co., Ltd., the Company's subsidiary, was established.

Aug., 2015

The Company signed Asset Purchase Agreement with Xuchang Yuanbo Machinery Co., Ltd. to acquire Yuanbo Machinery’s part of operating assets.
Aug., 2016 The Company acquired 50% shares of Chongqing Heavy Automobile Yuandong Drive Shaft Co., Ltd. from Chongqing Machinery & Electronics.

Supplemental Information 1