FAWER Automotive Parts Limited Company
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Fu'ao Automotive Parts Co., Ltd. (referred to as "Fu'ao Co., Ltd." for securities and code "000030") is a Chinese A-share listed company with a registered capital of 1.81 billion yuan. Fuao Co., Ltd. is a well-known domestic automobile parts manufacturing enterprise, mainly engaged in the production and research and development of automobile parts. The company was established in 1998, formerly a wholly-owned subsidiary of China First Automobile Group. It completed the state-owned enterprise restructuring in 2007 and was listed on the Shenzhen Stock Exchange in 2013. There are 36 affiliated companies, including 15 wholly-owned subsidiaries, 9 holding joint ventures, and 12 participating joint ventures. The company's products cover six major series of automotive components, mainly including chassis systems, automotive thermal management systems, engine accessory systems, braking and transmission systems, steering and safety systems, new energy and automotive electronic systems. The main customers are well-known commercial and passenger vehicle companies both domestically and internationally, including Volkswagen, Toyota, Mercedes Benz, BMW, Volvo, Ford, FAW China, SAIC China, and others. The company has established long-term and stable joint venture partnerships with global automotive component suppliers, such as Volkswagen, Nissan Electric, ZF, Valeo, ThyssenKrupp, Ishikawa Island, Jetteg, etc. Its products cover multiple fields such as chassis systems, automotive air conditioning, steering systems, suspension systems, turbocharging, and platform components. The company's products are exported to the United States and Europe, and have been designated as a national automobile parts export base enterprise by the National Development and Reform Commission and the Ministry of Commerce. The company has 14 research and development centers nationwide, including 10 provincial-level research and development centers, 1 municipal research and development center, and 6 nationally recognized laboratories. The company relies on complete vehicles and has a nationwide layout, building five major product bases in Northeast China, East China, Central South, North China, and Southwest China, as well as 56 production bases; Adhering to the principle of putting users first, we have been awarded the honor of being a high-quality supplier for vehicle customers for consecutive years. During the 14th Five Year Plan period, Fuao Group continued to adhere to the business philosophy of "seeking speed while maintaining stability" and "inheriting, leading, opening up, innovating, and sharing", promoting one transformation, two creations, and three adjustments; Focusing on the strategic platform of core products and deepening the construction of institutional mechanisms; Continuously promoting the improvement of operational quality; Strengthen the support of the functional system; Maximize the advantages of capital operation, promote the development of Fu'ao towards "specialization, scale, and internationalization", continuously enhance the core competitiveness of the enterprise, achieve sustainable driving development, and contribute to the development of China's automotive parts industry. |
| Headquarter | Changchun |
| Establish Date | 10/6/1988 |
| Listed Code | 000030.SZ |
| Listed Date | 9/29/1993 |
| Chairman | Bai Xugui. |
| CEO | Gan Xianguo. |
| Website |
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