Sanden HASCO Automotive Air-Conditioning Co., Ltd. (Formerly Sanden Huayu Automotive Air-Conditioning Co., Ltd.)

Company Profile

■URL

http://www.hasco-group.com/en/index.html

■Address

1117 Shengli Road, Pudong District, Shanghai, 201201, China

Business Overview

-China’s largest manufacturer of automotive air conditioning compressors, automotive air conditioning modules, engine cooling systems and components.

-Facing the deep changes in the automotive industry, the Company is shifting its product lineup from mechanical compressors to electric compressors, as well as shifting from compressors to thermal management systems, aiming to become a global top supplier of automotive thermal management system solutions.

-The company is working on the development and trial production of electric air conditioning compressors for EVs, PHEVs and other New Energy Vehicles, and has provided products for HV and EV models of SAIC Motor Passenger Vehicle, SAIC VW, Volvo, Great Wall Motor, GAC Group, and other OEMs.

-Major customers include SAIC VW, FAW-VW, Dongfeng Honda, Chery, Great Wall Motor, Beiqi Foton Motor and other Chinese domestic OEMs. The company’s products are exported to more than 30 countries and regions.

-In 2021, the company's compressor products sales of 8.03 million units, an increase of 3.2% year-over-year (y/y), gave the Company the highest Chinese domestic market share. Electric compressor sales were 515,000 units, an increase of 227% y/y. The Company’s share in the New Energy Vehicles market was 15%. Sales of thermal management systems and air conditioning products were 108,000 sets; the products are equipped in models such as the IM L7.

Shareholders

-Unlisted (As of Dec 31, 2021)

Shareholder Shareholding ratio (%)
Huayu Automotive Systems Company Limited 48.0
Sanden Holdings Corporation 43.0
Shanghai Longhua Industry Co., Ltd. 9.0
Total 100

Products

Compressors
Fixed displacement wobble plate type compressors
Fixed displacement swash plate type compressors with double-headed pistons
Variable displacement wobble plate type compressors
Variable displacement swash plate type compressors with single-headed pistons
Internal control variable displacement swash plate type compressors
External control variable displacement swash plate type compressors
Fixed displacement scroll type compressors
Electric compressors
CO2 compressors
Compressor magnetic clutches
Compressor cylinder heads
Electric air conditioning compressors for New Energy Vehicles

Others
HVACs
Evaporators
Heater cores
Engine cooling modules
Condensers
Brazed radiators
Mechanical radiators
Charge air coolers
Auto air conditioning receiver driers

History

July 1990 Shanghai Automotive Industry Corporation Group (SAIC Group);  EK Chor Investment Co. of the Chia Tai Group of Thailand; and Shanghai Longhua Industry Co., Ltd. jointly established Shanghai Ek Chor General Machinery Co., Ltd.
June 2000 Established a variable compressor manufacturing joint venture, Sanden Shanghai Automotive Air Condition with its technical partner, Sanden of Japan.
Jan. 2004 Sanden (Japan) and Behr of Germany acquired 52.5% ownership in the Company. The Company adopted the current name Shanghai Sanden Behr Automotive Air Conditioning Co., Ltd.
April 2004 Shanghai Automotive Co., Ltd. decided to sell to the Company its 50% share in Shanghai Behr Thermal Systems Co., Ltd. After the equity transaction took place, Shanghai Behr Thermal Systems Co. became a 50/50 joint venture between the Company and Behr.
Dec. 2005 Shanghai Behr Thermal Systems Co., Ltd., a joint venture, completed construction of the new Jinqiao plant in Pudong New Area, Shanghai, and started production.
Sep. 2008 The Company and Sanden Corporation have formed a joint venture called Sanden (Suzhou) Precision Parts Co., Ltd., in Jiangsu.
Nov. 2012 Shanghai Behr Thermal System Co., Ltd., which is a subsidiary of the Company, established Shenyang Behr Thermal System Co., Ltd.
Feb. 2013 Shanghai Behr Thermal System Co., Ltd., which is a subsidiary of the Company, established Chengdu Behr Thermal System Co., Ltd.
Aug. 2014 Shenyang Behr Thermal System Co., Ltd. began production operations.
Feb. 2015 Chengdu Behr Thermal System Co., Ltd. began production operations.
Jan. 2016 The Company’s Hequing plant held a groundbreaking ceremony at the Zhangjiang Hi-Tech Park in Pudong district, Shanghai.
2017 The Company's SEE series electric compressors that were developed in-house are scheduled to be mass produced.
Jul. 2017 The Company's subsidiary, Shanghai Behr Thermal System Co., Ltd. changed its name to Shanghai MAHLE Thermal Systems Co., Ltd.
Jan. 2018 The company acquired 25% of the shares of Shanghai Sanden Automotive Air-Conditioning Co., Ltd. held by Japan Sanden Holdings Co., Ltd., making it a wholly-owned subsidiary.
Mar. 2021 The company established Technology Joint Lab with Rohm Co., Ltd.

Supplemental Information 1