太阳成集团tyc122cc(中国)官网-APP Public Platform

FAWER Automotive Parts Limited Company (referred to as "FAWER Co., Ltd." for stock with stock code "000030") is a Chinese A-share listed company with a registered capital of 1.81 billion yuan. The company is a well-known domestic automotive parts manufacturing enterprise, mainly engaged in the production and R&D of automotive parts. Founded in 1998, the company was formerly a wholly-owned subsidiary of China FAW Group. In 2007, it completed the restructuring of the state-owned enterprise and was listed on the Shenzhen Stock Exchange in China in 2013. The current shareholders of the company include Jilin Province State-Owned Capital Operation Co., Ltd., FAW Equity Investment (Tianjin) Co., Ltd., Jilin Tianyi Investment Co., Ltd., Ningbo Huaxiang Electronics Co., Ltd., etc. The company has 46 subordinate enterprises, including 22 wholly-owned companies, 9 holding joint venture companies, and 15 participating joint venture companies.

The company's products cover eight series of automotive parts, including chassis system, thermal management system, engine accessory system, new energy, intelligent networking, steering and safety systems, braking and transmission systems, fasteners, etc. The main customers are well-known domestic and foreign commercial and passenger vehicle enterprises, including Volkswagen, Toyota, Mercedes-Benz, BMW, Volvo, Ford, FAW, SAIC, BYD, NIO, etc. The company has established long-term stable joint venture cooperation with global automotive parts suppliers, such as Hanon, Valeo, ZF, Denso, ThyssenKrupp, IHI, etc. The products are exported to the United States and Europe. The company has been designated as a national automotive parts export base enterprise by the National Development and Reform Commission and the Ministry of Commerce. The company currently has 10 provincial technology centers, 1 municipal technology center, 9 CNAS national accreditation laboratories. The company follows OEM’s footprints and has a nationwide layout, building five major product bases in Northeast, North China, East China, Central South, and Southwest China, as well as 66 production bases; At the same time, it promotes global resources layout and has established FAWER US Inc., European office, FAWER Mexico Company and acquired German ABC Company to accelerate the pace of internationalization.

During the 13th Five-Year Plan period, the company grasped the market opportunities and achieved rapid development. It was awarded as one of the Top 500 Manufacturing Enterprises in China, one of the Top 30 Automotive Parts Enterprises in China, and one of the Top 100 Enterprises in Changchun.

During the 14th Five-Year Plan period, the company will implement the development concept of "green, intelligence and safety", and continue to adhere to the business philosophy of "seeking speed in stability" and "inheriting, leading, opening up, innovating and sharing". Oriented by market demand, guided by strategic planning, and taking transformation and upgrading as an opportunity, it will fully promote "one core, two transformations and three innovations". It will deeply focus on the growth of main business, accelerate the construction of core product strategic platform, effectively improve the quality of enterprise operation, continue to deepen the institutional construction of business department, and maximize the advantage of capital operation. It will strive for comprehensive development towards "lightweight, electrification, intelligence, and networking", and becoming an international parts group with independent core technology capabilities and global resource layout！

Implement the FAW strategy and separate the main and auxiliary forces to explore market
Promote joint venture cooperation, expand scale and enhance capacity

● On September 27, 1998, FAWER Automotive Parts Limited Company was officially established in Changchun Economic and Technological Development Zone. 9 directly affiliated professional factories and 8 Sino-foreign joint ventures of FAW Group entered FAWER Company.
● FAWER Company established ten joint ventures with world famous automotive parts companies and continues to grow.
Successful overall restructuring, revitalizing the business vitality of the enterprise operation Continuously improving management and achieving significant business performance results

● On December 20, 2007, the overall restructuring of the enterprise was completed, and FAWER Automotive Parts Limited Company was registered and established. The restructuring has brought about a transformation in the system, mechanism, efficiency and concept of the company and its operation is full of vitality.
● From 2008 to 2012, income and profit increased year by year, and the total sales income increased from 12.3 billion yuan to 27.1 billion yuan, resulting in significant business performance results.
Expanding financing channels to achieve restructuring and listing Deepening the reform comprehensively and defining development direction

●In 2012, the restructuring project was unconditionally approved by the Restructuring Committee of the China Securities Regulatory Commission. On March 20, 2013, the newly added shares were registered in Shenzhen Branch of China Securities Depository and Clearing Corporation Limited and officially listed on the Shenzhen Stock Exchange with the stock code 000030.
●In 2017, the business development philosophy of "seeking speed in stability" and "inheriting, leading, opening up, innovating and sharing" was clarified.
● In November 2017, FAWER Co., Ltd. Kicked off deepening reform. All employees competed for positions and the talent team was refined. The strategic development model of seven business divisions/platforms was established.
Implementing strategic transformation and developing towards lightweight, electrification, intelligence, and networking
Improving industrial layout and accelerating internationalization process

● During the 13th Five Year Plan period, FAWER Co., Ltd. achieved a compound growth rate of over 20% in consolidated income, much higher than the industry average growth rate, and achieved high-quality development of "seeking speed in stability".
● Planning for the "14th Five-Year Plan" strategic development, focusing on the core strategic platform, and gradually improving the strategic development model of the business division/platform. The product series will gradually transform and develop towards "lightweight, electrification, intelligence, and networking".
● Centered by five major production bases, expanding to the Yangtze River Delta and Hubei regions, meanwhile establishing FAWER US Inc., European offices, FAWER Mexico Company and acquiring German ABC Company to accelerate the pace of internationalization.

Development history

Innovative

Sustainable

Technology