Xuchang Yuandong Drive Shaft Co., Ltd.
-The Company is engaged in the manufacturing and sales of drive shafts and their components in China.
-The main products are variable-velocity drive shafts and constant-velocity drive shafts. Four types of variable-velocity drive shafts are available for light-, medium- , and heavy-duty applications including construction equipment, commercial vehicles, loaders and cranes, and special vehicles. Constant velocity drive shafts are mainly for passenger cars.
-The company's annual production capacity is 6 million sets of variable-velocity drive shafts per year, 150,000 tons per year of forged parts for variable-velocity drive shafts, and 500,000 sets of constant-velocity drive shafts per year (planning to expand to 2 million sets).
-The Company mainly supplies products to Beijing Foton Daimler Automotive Co., Ltd., Shaanxi Heavy Duty Vehicle, SAIC GM-Wuling, SAIC Iveco Hongyan Commercial Vehicle and Jiangling Motors.
|-The Company is listed on Shenzhen Stock Exchange||(as of Dec. 31, 2021)|
|Shareholders||Shareholding ratio (%)|
Drive shaft parts
|1953||Xuchang Yuandong Drive Shaft plant was established.|
|1969||The Company was identified by State Ministry of Machinery as the first professional drive shaft manufacturer.
|Dec., 1992||Chongqing Heavy Automobile Yuandong Drive Shaft Co., Ltd., the Company's joint venture, was established.|
|2003||The Company established as a limited liability company.|
|Jun., 2005||Beijing Fuboda Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|Dec., 2006||Liuzhou Yuhang Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|Nov. 2007||Beijing Beiqi Yuandong Transmission Co., Ltd., the Company's subsidiary, was established.|
|Jan., 2008||Weifang Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|May, 2010||The Company listed on the Shenzhen Stock Exchange.|
|Jul, 2010||Baotou Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|Dec., 2010||Hefei Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|May, 2012||Changsha Yuandong Drive Shaft Co., Ltd., the Company's subsidiary, was established.|
|Jun., 2014||Liuzhou Yuanteng Transmission Parts Co., Ltd., the Company's subsidiary, was established.|
|The Company signed Asset Purchase Agreement with Xuchang Yuanbo Machinery Co., Ltd. to acquire Yuanbo Machinery’s part of operating assets.|
|Aug., 2016||The Company acquired 50% of the shares of Chongqing Heavy Automobile Yuandong Drive Shaft Co., Ltd. from Chongqing Machinery & Electronics.|
|Jun. 2018||The Company acquired the remained 54.73% shares of Xuchang Qianchao Yuandong Auto Parts Co., Ltd., which became the Company's joint venture.|