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 focuses on the research, development, production and sales of automobile chassis control systems for both the passenger vehicle and commercial vehicle markets.

-The Company’s sales in the fiscal year ended December 31, 2017 was CNY 2,274.93 million, an increase over the previous year.

Shareholders

-The Company is listed on the Shenzhen Stock Exchange (as of Dec. 31, 2017)
Shareholders Shareholder ratio
Wanan Group 45.86%
Chen Feng 4.99%
Chen Lixiang 4.89%
Others 44.26%
Total 100.00%

Products

Passenger Car Products

Chassis Module
-Suspension assemblies
-Guide arm assemblies

Hydraulic Brake Products
-Hydraulic disc brakes
-Vacuum boosters
-Proportioning valves
-Brake master cylinders
-Hydraulic brake calipers

Clutch Operating Products
-Clutch master cylinders
-Clutch cylinders

New Energy Products
-Electric vacuum pumps
-Auxiliary electric vacuum pumps

Others
-Vacuum tubes
-Fuel pipes

Commercial Vehicle Products

Automotive Brake Products
-Pneumatic ABS
-ABS
-Electronic brake systems
-Electrical park brakes

Valve Products
-Combined pedals
-Air-cooled condensers
-Air dryers
-Unloading valves
-Four circuit protection valves
-Foot brake valves
-Manual valves
-Relay valves
-Quick release valves
-Pressure relief valves
-Drain valves
-Load sensing valves
-Leveling valves

Clutch Operating Products
-Clutch master cylinders
-Clutch boosters
-Air boosters

Axle Products
-Air disc brake valves
-Brake chambers
-Automatic slack adjusters

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.
May 2016 The Company established Haldex VIE (Shanghai) ElectroMechanical Brake Systems Co., Ltd. with Haldex Brake Products AB.
The Company acquired 100% shares of Zhejiang Vie Pump-Manu Co., Ltd.
The Company built a new R&D Center in Beijing. The center will develop and commercialize in steps advanced driving assistance systems, semi autonomous drive systems, and fully autonomous drive systems.
Jun. 2016 The Company acquired 10.36% of Protean shares for USD 20 million.
Jul. 2016 The Company establish Zhejiang Vie Zhiqu Science & Technology Co., Ltd. in Zhuji, Zhejiang withProtean Electric Limited.
The Company's shares of Evatran increased from 11.72% to 16.14%.
The Company established Zhejiang Vie Evatran Electronic Technology Co., Ltd. with Evatran Group.
Apr. 2017 The Company opened a lab for making a study on new connected car standards.
Jul. 2017 The Company cooperated with Shaanxi Huazhen.

Supplemental Information 1