WANXIANG QIANCHAO CO.,LTD.
万向钱潮
000559
Shenzhen Stock Exchange
Company Overview
Wanxiang Qianchao Co., Ltd. is a manufacturing company based in China, primarily engaged in the research, development, and production of automotive parts. Established in 1969 and listed on the Shenzhen Stock Exchange in 1994, the company specializes in various components, including universal joints, transmission shafts, constant velocity drive shafts, hub-bearing units, and braking systems. With over 50 years of experience, Wanxiang Qianchao provides systematic solutions for the modularization of auto parts, catering to both domestic and international markets. The company operates as one of the largest independent suppliers of automotive system components in China, serving prominent clients such as Mercedes-Benz, BMW, and Toyota. Wanxiang Qianchao has established strong brand recognition and market competitiveness, underpinned by its advanced research and development capabilities and a commitment to green and intelligent manufacturing. The company has led the formulation of numerous industry standards and holds a significant portfolio of patents, reinforcing its position in the automotive sector.
AI-generated from company disclosures and CNInfo data.
Company Profile
With the continuous accumulation of market experience, the company already owns strong brand, customer and technology advantages, and has gained strong market competitiveness. The company has become one of the largest independent supplier of automotive system components in China. The products manufactured by the company won the National Silver Medal in 1987; in 1999, 2002 and 2005, QC products were recognized as Best Brands of Export Commodities by the Ministry of Commerce for three consecutive times;QC brake systems were recognized as Chinese Famous Brand Products; and QC bearings were identified as the most competitive brand; in 2007 QC universal joints were honored with World Famous Brand in China;wanxiang won the China Industrial Award; QC trademark was identified as a well-known trademark by the State Administration for Industry and Commerce of the People's Republic of China. The organization once again won the China Quality Award nomination award in 2021. The products are mainly for the OE market, covering the well-known domestic and international automobile companies, and thus gain strong influencein the industry. The company boasts strong independent research and development capabilities, core manufacturing technology and complete testing capabilities. With rich industry experience and obvious technical advantages, the R&D team developed in the company help the products and technology stay competitive, through matching the company's R&D direction and market demand changes.
Key Financials
Announcements
Notes & Comments
Sign in to leave a comment or private note.
No notes or comments yet.