Shanghai Automotive Brake Systems Co., Ltd.

Company Profile

■URL

■Address

No.915 ,Nanmen Community, Jiading District, Shanghai 201821, China

Business Overview

-The company is a joint venture between Huayu Automotive Systems Company Limited and Continental AG, and one of the largest suppliers in China of anti-lock brake systems (ABSs), brake calipers, and brake master cylinder assemblies with vacuum boosters.

-Its major product lines are electronic brake systems, hydraulic brake systems, brake calipers, and vacuum boosters.

Shareholders

-Unlisted (As of December 31, 2020)

Company name	Ratio of shareholding (%)
Huayu Automotive Systems Company Limited	51.0%
Continental AG	49.0%
Total	100％

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Products

-Electronic Parking Brake System
-Brake hose assembly
-Hydraulic brake hose
-Brake calipers
-Vacuum boosters

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History

1993	Established as a joint venture between Shanghai Automotive Industry Corporation (Group) (60%) and ITT Automotive (40%).
July 1995	Started brake production.
1997	Started ABS production.
1998	ITT's brake and chassis division was acquired by Continental (Germany) and was established as Continental Teves. As a result, the Company was under the control of Continental Teves.
2002	The Company established a winter testing center for electronic brake systems (EBSs) in Heihe City, Heilongjiang Province.
Jan. 2004	Merged with Shanghai Automotive Brake Actuation Co., Ltd.
2008	Due to the reorganization of Shanghai Automotive Industry Corporation (Group), SAIC transferred the shares of stock it owns in the Company to its subsidiary Huayu Automotive Systems Company Limited.
Nov. 2010	Huayu Automotive acquired another 1 % shareholding from Continental, turning the shareholding ratio to 51:49.