Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd.

Company Profile




No.1399, Yatai Road, Xiaoshan District, Hangzhou, Zhejiang, China

Business Overview

-Chinese privately-owned automotive components manufacturer. Its main business includes the development, production and sales of automotive braking systems, electronic control systems, automated driving systems, in-wheel motors and chassis-by-wire systems.

-Manufactures disc brakes, drum brakes, vacuum boosters, brake master cylinders, wheel cylinders, clutch master cylinders, slave cylinders, and other products for automobiles.

-In the automotive electronic control systems area, the Company manufactures ABS (anti-lock braking system), electronic stability control (ESC), regenerative hydraulic anti-lock brake system (EABS), electronic parking brake (EPB), electric brake boosters (iBooster), and integrated electro-hydraulic braking systems (IEHB).

-In the field of connected and New Energy Vehicles, the Company has developed 77GHz millimeter-wave radar, visual systems (including controllers), and advanced driver assistance system (ADAS). 

-For New Energy Vehicles, the Company provides unit or system products such as in-wheel motors for new energy vehicles, inverter speed control modules, and central controller PCUs.

-The Company's customers include Chinese and non-Chinese OEMs and its products are exported to North and South America, Europe, the Middle East, and other countries and regions. Platform products are supplied to VW, GM, Honda, Nissan, PSA and other OEMs.


Listed on the Shenzhen Stock Exchange (as of Dec. 2022)
Shareholder Shareholding Ratio
Asia-Pacific Machine & Electric Group Corp. 37.48%
Laixing HUANG 5.35%
Others 57.17%
Total 100.00%


Products for autonomous driving systems
-Corner radar
-Forward long-range radar
-Deep learning front camera
Front view cameras
-Domain Controllers
-Automated valet parking modules

Electronic products
-Integrated electro-hydraulic brake systems(IBS(One-box)
-Electronic Stability Controls(ESC)
-Energy feedback electro-hydraulic Brakes(EHB)
-ABS (Antilock brake systems)
Brake systems
-Disc brakes
-Drum brakes
-Hub motors
-Brake calipers
-Brake discs
-Commercial Vehicle Brake Products
-Clutch slave cylinders
-Clutch Operating Cylinders
-Clutch pipes


1976 Shiyan Renmin Commune Automobile Brake Factory was established.
1978 Shiyan Renmin Commune Automobile Brake Factory changed its name into Xiaoshan Shiyan Commune Automobile Brake Factory.
1980 Xiaoshan Shiyan Commune Automobile Brake Factory changed its name into Xiaoshan Automotive Brake Factory.
May 1994 The Company established Zhejiang Asia-Pacific Machine & Electric Group Limited as part of its reorganization project.
2000 The Group took on the form of a stock company and adopted a new name, Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd.
Sep. 2002 Established Asia-Pacific Automobile Chassis Co., Ltd. in Wuhu City, Anhui province.
July 2003 Established Hangzhou APG-FTE Automotive Co., Ltd., which is a joint venture with FTE Automotive GmbH of Germany.
Apr. 2004 Established the Hangzhou APG-TBK Brake System Co., Ltd. joint venture with TBK Co., Ltd.
2005 Established Hangzhou Keunil Enpla Automotive Co., Ltd. through a 50-50 joint venture with a Korean plastics manufacturer, Keunil Enpla Co., Ltd.
Dec. 2007 The Company and Beijing Automotive Industry established a joint-venture company, Beijing Yatai Automobile Chassis System Co., Ltd. to manufacture brake systems and chassis modules.
Aug. 2009 The Company was listed on the Shenzhen Stock Exchange.
July 2010 Established Chongqing Jinrong Asia-Pacific Automotive Co., Ltd. to manufacture disc and drum brakes.
Apr. 2011 Established Anji Asia-pacific Brake Systems Co., Ltd. 
May 2011 Established a wholly-owned subsidiary named Changchun ZA Chassis Co., Ltd.
Aug. 2011 Established a wholly-owned subsidiary, Beijing ZA Automotive Parts Co., Ltd.
Aug. 2013 Established a wholly-owned subsidiary, Hangzhou Yateng Foundry Co., Ltd. in Hangzhou.
Oct. 2013 Established a wholly-owned subsidiary, Tianjin Asia-Pacific Chassis Co., Ltd. in Tianjin.
Dec. 2013 Established a wholly-owned subsidiary, Zhengzhou Asia-Pacific Chassis Co., Ltd. in Zhengzhou.
May 2014 Established a wholly-owned subsidiary, Guangde Asia-Pacific Foundry Co., Ltd. in Guangde County, Anhui Province.
Dec. 2014 The Company's subsidiary Hangzhou TBK-APG Brakes Co., Ltd. completed the deregistration procedures for foreign-invested corporations.
July 2015 The Company's subsidiary Zhengzhou Asia-Pacific Chassis Parts Co., Ltd. completed the deregistration procedures.
Aug. 2015 The Company established a wholly-owned subsidiary, Shanghai ZA Automotive Technology Co., Ltd. in the city of Shanghai.
Feb. 2016 The Company deregistered Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. Wuhan Branch.
The Company established a wholly-owned subsidiary named Wuhan ZA Chassis Co., Ltd. in Wuhan.
Mar. 2016 The Company and Zonve Auto Exhibition established Chongqing Asia-Pacific Chassis Systems Co., Ltd.
Apr. 2016 The Company established Hangzhou Asia-Pacific Elaphe Power Technologies Co., Ltd. with Elaphe Propulsion Technologies Ltd., its affiliated company.
Mar. 2017 The Company's Shanghai Branch finished registration.
Apr. 2017 The Company established "Jilin Asia-Pacific Longshan Automotive Chassis Co., Ltd." with Jilin Longshan Organosilicon Co., Ltd.
May 2017 The Company and Guangzhou Automobile Group Component Co., Ltd. jointly established Guangzhou Asia-Pacific Automotive Chassis System Co., Ltd.
Mar. 2018 The Company invested in China (Beijing) Intelligent and Connected Vehicle Research Institute Co. Ltd.
Feb. 2019 The Company established a wholly owned subsidiary, Hangzhou Asia-Pacific Intelligent Vehicle Control System Co., Ltd. 
Mar. 2019 The Company transferred a 20% stake in Zhejiang Netlink Automotive Active Safety System Co., Ltd., which was held by the Company's subsidiary Shenzhen Forward Innovation Co., Ltd. 
Aug. 2019 The Company deregistered the subsidiary Beijing Zheya Automotive Parts Co., Ltd. 

Supplemental Information 1