Zhejiang Founder Motor Co., Ltd.

Company Profile




No.73, Shiniu Road, Shuige Industrial Park, Liandu District, Lishui, Zhejiang, China

Business Overview

-Mainly engaged in R&D, production and sales of new energy vehicle drive motors, micro motors, intelligent controllers and integrated control of vehicles.

-In recent years, the Company successfully transformed itself into a supplier of core automotive components through the acquisition of Shenzhen Gold Corolla (Motor Control System), Hangzhou Dewos (drive motors for new energy vehicles) and Shanghai High Energy (Diesel Engine Electronic Control). Its main products are all kinds of new energy vehicles including passenger NEVs and commercial NEVs.

-In 2018, the Company's "4312" organizational framework was rebuilt into four business divisions, three manufacturing bases, one research institute and two functional management divisions.

-The Company has manufacturing plantsin Vietnam, Shanghai, Hangzhou, Shenzhen and Hubei, and has established the Founder Research Institute in Shanghai.


-Listed on the Shenzhen Stock Exchange (As of Dec. 31, 2019)
Major Shareholders Shareholding Ratio (%)
Zhang Min 12.00
Excellence Automobile Co., Ltd. 8.53
Zhuo Bin 6.38
Zhongzhen Hanjiang Equipment Technology Co., Ltd. 4.27
Qingdao Jinshi Haorui Investment Co. Ltd. 3.82
Other shareholders 65.00
Total 100.00


-Permanent magnet brushless motors
-Permanent magnet synchronous motors
-AC induction motors
-Switched reluctance motors
-EV motors
-Power steering pump motors
-Seat motors
 ・Seat front lift motors
 ・Seat rear lift motors
 ・Seat horizontal motors
-Wiper motors
-Vehicle cotrollers
-Motor controllers
-Steering valve controllers
-Electronic control units for diesel injection
-Electronic control units for gas engines
-Rear drive control units for exhausting
-AMT:Automatic manual transmissions
-Electronic steering pumps
-Electric motor drives for Green vehicles


1995 "Lishui Founder Electric Motor Manufacturing Co., Ltd." (former) was established.
Dec. 2001 Changed name to "Zhejiang Founder Motor Co., Ltd."
Dec. 2007 Listed on the Shenzhen Stock Exchange.
2009 Set up the New energy Motor Division.
Dec. 2009 Established subsidiary "Lishui Zhengde Electric Control System Manufacturing Co.,Ltd."
2011 Established subsidiary "Founder Motor (Vietem) Co.Ltd."
Nov. 2014 Accquried 100% shares of "Shenzhen Gold Corolla Electronics Co.Ltd."
Nov. 2014 Accquried 57.9% shares of "Hubei Qianchao Automotive Components Co.Ltd." from Wanxiang Qianchao.
Dec. 2014 Accquried 42.1% shares of "Hubei Qianchao Automotive Components Co.Ltd". "Hubei Qianchao Automotive Components Co.Ltd." has become an entirely owned subsidiary.
Jun. 2015 Accquried 100% shares of "Shanghai High Energy Auto Electronic Co.,Ltd." and "Hangzhou Dewos Electric Technology Co.Ltd."
Jun. 2015 Subsidiary "Hubei Qianchao Automotive Components Co.Ltd." changed name to "Zhejiang Founder (Hubei) Auto Parts Co., Ltd."
Dec. 2018 The Company signed an agreement with Yanfeng Adient Seating Co., Ltd. to set up a joint venture named Yanfeng Adient Fundamental Motor Co., Ltd. in the city of Lishui, Zhejiang Province.
Apr. 2019 The Company merged a wholly-owned subsidiary, Hangzhou Dewos Electric Technology Co. Ltd.
Jun. 2019 Mr. Min Zhang, a controlling shareholder of the Company transferred his 15.84% stake to Excellence Automobile Co., Ltd.
Jul. 2019 The Company transferred all the shares in its wholly owned subsidiary Founder Motor (Vietnam) Co.Ltd. to its subsidiary Shanghai High Energy Auto Electronic Co., Ltd.
Jul. 2019 The Company decided to let its subsidiary Shanghai High Energy Auto Electronic Co., Ltd. establish the Fundamental Motor (Vietnam) Co.Ltd. in the city of Ho Chi Minh, Vietnam.
Oct. 2019 The Company established a wholly-owned subsidiary named Yicheng Founder Hi-tech Co., Ltd.

Supplemental Information 1