FAWER Automotive Parts Limited Company, established in September 1998, is a large enterprise engaged in manufacturing and selling automobile Parts in China. In December 2007, the overall reform was carried out in accordance with the relevant national policies on the restructuring of state-owned enterprises and the unified deployment of faw group company system reform. Restructuring after the introduction of private capital of enterprise, set up a standardized corporate governance structure, the transformation of the system for the enterprise injected vitality in the fierce market competition, for the healthy development of enterprises laid a solid foundation.
Since the reform, the company's main business revenue has been growing at an annual rate of 23%. After ownership structure adjustment, China first automobile group Co., Ltd., jilin province days billion investment Co., Ltd., jilin dongya investment management Co., Ltd., Ningbo Huaxiang Electronic Co., Ltd, stone investment Co., Ltd., shanxi taiyuan investment Co., Ltd., the company management team respectively stakes in rich the joint-stock company. The company has total assets of 6.1 billion yuan and registered capital of 1.12 billion yuan.
Company has 12 wholly owned, such as, drive shaft branch, radiators branch (child) and faw - valeo air conditioning co., LTD., faw east mechanic shock absorber co., LTD., etc. 17 joint venture.
The main products of the company are: automotive parts environment system, braking and transmission system, chassis system, steering and safety system, electronic electrical system, engine accessories system and other six series. Major customers: faw Volkswagen, faw liberation, faw car, faw Toyota, faw xiali, faw passenger car, faw, steam, faw Volkswagen, Shanghai gm, Shanghai gm, dongfeng Peugeot, shenyang brilliance, guangzhou fengshen, chery automobile, sinotruk, north Benz, jinan heavy truck, anhui valin, automobile enterprise; Our products are exported to more than ten countries and regions such as USA, France, Italy, Korea, Japan and Middle East.
In the next five years, fuao co., ltd. will follow the path of technology development. Seize the development opportunity of faw-5 million vehicles and follow the regional layout of the main engine plant. Continue to develop markets outside the group for spare parts and exports; We will continue to improve quality and cost, and promote the rapid and healthy development of enterprises. Carry on faw, learn from Toyota, run the target management throughout; Unity, innovation, struggle and self-improvement, constantly improve the core competitiveness of enterprises and contribute to the development of China's auto parts industry.