Zhejiang Vie Science & Technology Co., Ltd.

Company Profile

■URL

http://www.vie.com.cn/en/index.aspx

■Address

Wan'an Science and Technology Park, Diankou Town, Zhuji, Zhejiang 311835, China

Business Overview

-The Company integrated R&D, production and sales of automobile chassis control system.

-The Company's products cover passenger car and commercial vehicle chassis control system.

-The Company's sales increased for three consecutive years. It is mainly due to continuing innovation strategy and strengthening marketing to develop mid and high-end market.

-The Company's suspension system sales grew rapidly, almost 2.5 times compared with sales in 2014. It is mainly due to more OEM orders for suspension system in 2015.

Shareholders

-Listed on Shenzhen Stock Exchange (as of Dec. 31, 2015)
Shareholders Shareholding Ratio (%)
Wanan Group 53.32%
Chen Feng 7.50%
Chen Lixiang 5.69%
Chen Yonghan 1.24%
Chen Limu 1.24%
Others 31.01%
Total 100%

Products

Passenger Car Products

Chassis Module

Suspension ASSY
Guide arm ASSY

Hydraulic Brake Products
Hydraulic disc brake
Vacuum booster
Proportioning valve
Brake master cylinder
Brake disc
ABS (Antilock brake system)
ESP (Electronic stability program)

Clutch Operating Products
Clutch master cylinder
Clutch cylinder

New Energy Products
Electric vacuum pump
Auxiliary electric vacuum pump
Vacuum tank
Controller

Others
Vacuum tube
Fuel pipe
ACC (Adaptive cruise control)
Body electronics

Commercial Vehicle Products

Automotive Brake Products
Pneumatic ABS

Valve Products
Combined pedal
Air-cooled condenser
Air dryer
Unloading valve
Foot brake valve
Manual valve
Relay valve
Quick release valve
Pressure relief valve
Drain valve
Load sensing valve
Leveling valve

Clutch Operating Products
Clutch master cylinder
Clutch booster
Air booster

Axle Products
Air disc brake valve
Brake chamber
Automatic slack adjuster

Others

History

1985 Wanan Group's parts sector, the Company's predecessor was established.
Jul. 2003 Shanghai Wanjie Auto Controlling System Co., Ltd.,the Company's subsidiary, was established.
2004 Anhui Vie Auto Parts Co., Ltd., the Company's subsidiary, was established.
Oct. 2006 Beijing Gold Vie Automotive Electronics R & D Co., Ltd.,the Company's subsidiary, was established.
May 2007 Zhejiang Zhuji Wanbao Machine Co., Ltd., the Company's subsidiary, was established.
Dec. 2007 Wanan Group restructured, thus, "Zhejiang VIE Science & Technology Co., Ltd." was established.
Oct. 2008 The Company's technology center has been designated as a nationally accredited technical center.
Jun. 2009 Anhui Shenglong Casting Co., Ltd., the Company's subsidiary, was established.
Aug. 2009 Anhui Vie Auto Parts Co., Ltd., the Company's subsidiary, started Phase II project.
Jan. 2010 "Nanjing University of Science and Technology - Vie Automobile Chassis Parts Joint Institute" opened in Nanjing.
Mar. 2010 Anhui Shenglong Casting Co., Ltd., the Company's subsidiary, started Phase II project.
May 2010 Anhui Vie Auto Parts Co., Ltd., the Company's subsidiary, started Phase Ⅲ project, newly added 15,000 square meters plant to establish
annual output of 150,000 sets of suspension system production line.
Jun. 2011 Listed on Shenzhen Stock Exchange.
Jan. 2012 Shannxi Vie Automotive Parts Co., Ltd., the Company's subsidiary, was established.
Aug. 2013 Zhejiang Bosheng Automotive Parts Co., Ltd., the Company's subsidiary, was established.
Apr. 2015 The Company established Fawer VIE Control System (Changchun) Co., Ltd. with Fawer Automotive Parts Limited Company in Changchun, Jilin Province.
Jun. 2015 Anhui Vie Auto Parts Co., Ltd., subsidiary of the Company, established a new fully subsidiary in Liuzhou, Guangxi. The new company is called Guangxi Vie Automotive Chassis Systems Co., Ltd.