Northeast Industries Group Co., Ltd.
-A ten-billion subsidiary of China North Industries Group.
-China's largest manufacturing enterprise of brake, flywheel assembly, clutch and engine connecting rod.
-The Company holds 77% shares of Jilin Dongguang Group Co., Ltd. Dongguang Group is the largest shareholder of the Changchun Yidong Clutch Stack Co.,Ltd. ,a listed company.
- The Company reached an agreement with Delphi to acquire its receiving system business such as car antenna and car TV tuner with 25 million US dollars. In July 2015, the Delphi completed the transfer of business. After the acquisition of Northeast Industries Group, the new company was registered as FUBA (Germany) Automotive Electronics Co., Ltd.
-In December 2016, the Company completed the acquisition of the Mechatronics Projects of the Delphi. After the acquisition of Northeast Industries Group, the new company was registered as “Merit Automotive Electronics Systems Co., Ltd. ”.
(As of Dec. 31, 2016）
|Company Name||Share Ratio|
|China North Industries Group Corporation，Norinco Group||100%|
Brake master cylinders
Engine connecting rods
Flywheel ring rear ASSYs
Combination rear lamps
Digital broadcasting tuners
Mobile TV tuners
SPR pocket receivers
Hydraulic lifting mechanisms
|1956||Jilin Dongguang Group Co., Ltd., the Company's predecessor, was established.|
|1989||Jilin Dongguang Aowei Automotive Brake System Co., Ltd. and Jilin Koito Dongguang Automotive Lamp Co., Ltd., the Company's subsidiaries, were established.|
|1992||Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, was established.|
|1995||Shandong Pengxiang Automobile Co., Ltd., the Company's subsidiary, was established.|
|1996||Jilin GKN Norinco Shaft Co., Ltd., the Company's subsidiary, was established.|
|1998||Jilin Dongguang Precision Machinery Factory, the Company's subsidiary, was established.|
|May 1998||Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, was listed on Shanghai Exchange Stock.|
Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, established ShenyangYidong Four Rings Clutch Co., Ltd. with Shengyang Friction Sealing Material Factory to manufacture clutches and related products.
|2002||Changchun Yidong Clutch Technology Co., Ltd., the Company's subsidiary, was established.|
|Sep. 2004||Changchun Yidong Clutch Co., Ltd., the Company's subsidiary, established Changchun Yidong Automobile Component jointly with Dongjin Semichem Co., Ltd. of Korea to manufacture Cab tilting systems.|
|Oct. 2004||Changchun Yidong Clutch, the Company's subsidiary, established Changchun Yidong Equipment Manufacturing Co., Ltd. as a joint venture with Jinlin Dongguang Group Co., Ltd.|
|2009||Jilin Dongguang Youcheng Machine Co., Ltd., the Company's subsidiary, was established.|
|2011||Baicheng Zhongyi Precision Forging Connecting Rod Co., Ltd., the Company's subsidiary, was established.|
|Sep. 2011||According to China North Industries Group Corporation，Norinco Group's regional industrial restructure strategic requirements, the Company was formed by Jilin Dongguang Group Co., Ltd. and Jilin Jiangbei Machinery Manufacturing Co., Ltd.|
|2013||Chengdu Dongguang Aowei Brake System Co., Ltd., Kaifeng Dongguang Aowei Chassis System Co., Ltd. and Jilin Kaide Automotive Parts Co., Ltd., the Company's subsidiaries, were established.|
|2014||Chengdu Dongguang Zhongyi Precision Co., Ltd., the Company's subsidiary, was established.|
The Company completed acqusition of Delphi's reception system business at 25 million dollars. After the transaction, reception system registed as FUBA Automotive Electronics Co.,Ltd. in Germany.
The Company acquired Delphi's mechanical project in December 2016. After te transaction, mechanical project division registrated as Merit Automotive Electronic System Co. Ltd.