WANXIANG QIANCHAO CO.,LTD.
万向钱潮
000559
Shenzhen Stock Exchange
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.
Full description
Founded in 1969, Wanxiang Qianchao was listed on the Shenzhen Stock Exchange on January 10th, 1994，stock Code: 000559. The company has been dedicated to the research and development and manufacturing of auto parts for more than 50 years since its establishment, and provides systematic and collaborative solutions for the modularization of auto parts. Specializing in the production of universal joints, transmission shaft, constant velocity drive shaft, hub-bearing unit, bearing, brake system, electrical parts, transmission system, braking system, suspension system, fuel tank and exhaust after-treatment systems and other parts and assemblies. Universal joints and hub-bearing unit products possess a leading position in the world; products such as transmission shaft, constant velocity drive shaft, bearing and other products rank at the leading edge domestically. The company has a rich history of deliver service and auto parts for key customers such as Mercedes-Benz, BMW, Toyota, Volkswagen, General Motors, Ford, FAW, SAIC, GAC, SINOTRUK. The company owns a national-level enterprise technology center, a national-level post-doctoral research station, a provincial-level high-tech enterprise R&D center, a provincial-level industrial design center, and a laboratory certified by CNAS/CQC/CCAP. The company processes core design technology, manufacturing technology, and test technology. With the concept of green design, green manufacturing and intelligent manufacturing, the company provides green and intelligent integrated system solutions for new energy vehicles and smart vehicles. The company has led and participated in the formulation of 60 standards, inclusive international standards, national standards, industry standards and Zhejiang manufacturing standards for universal joints, constant velocity drive shaft, bearing, brake system and other products. The company obtained accumulatively more than 2,600 domestic authorized patents, including more than 200 invention patents. The products won the National Silver Medal in 1987; in 1999, 2002 and 2005, QC products were continuously recognized as Best Brands of Export Commodities by the Ministry of Commerce; QC universal joints、transmission shaft、bearing、brake system and other products were recognized as Chinese Famous Brand Products; and QC bearing were identified as the most competitive brand; in 2007 QC universal joints were honored as 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. Focusing on the mission of "Cleaning the Air", the company is committed to its global development strategy, and continues to implement digital intelligence design, operation, and intelligent manufacturing to create into one advanced enterprise globally.