002537HyUnion HoldingSZSE

HyUnion Holding Co., Ltd.

海联金汇

002537

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryAutomobile Manufacturing
ISINCNE100000YV1
ListedJanuary 10, 2011
Websitehttps://www.hyunion.com.cn
IR Emailhlmo@hyunion.com.cn
Phone(+86)532-89066166
AddressNo. 1626, Qingwei Road, Jimo, Qingdao, Shandong

Company Profile

I. Continuous Technological R&D Upgrades, Embracing Innovation and Pursuing Excellence In the automotive components business segment, the company operates 1 Academician (Expert) Workstation, 3 provincial-level Enterprise Technology Centers, and 6 municipal-level R&D platforms. One product has been recognized as a Shanghai Manufacturing Single Champion. We continuously drive product technology upgrades, enhance co-design and process optimization capabilities with clients, and specialize deeply in body and interior structural components, ensuring the safety of drivers and passengers. In the mobile information services sector, during the reporting period, the company was honored as one of the Top 100 Enterprises in China's FinTech Competitiveness 2025, recognized as a Zhongguancun High-Tech Enterprise, and selected for the second batch of Beijing Commercial Secret Protection Demonstration Bases. These achievements demonstrate our sustained capability for innovation and upgrading in technology R&D. The 5G Intelligent Converged Messaging Marketing Platform developed by the company is a financial security-grade intelligent converged messaging platform created for industry clients against the backdrop of digital transformation. It provides big data applications, message convergence, intelligent operations, and intelligent distribution services. II. Firmly Grasping Core High-Quality Clients, Providing Close Service for Mutual Development In the automotive components field, the company has long served renowned domestic proprietary brands and joint venture brand manufacturers, adhering to the philosophy of providing close, supporting services. We have established nearly 40 manufacturing bases nationwide around major automotive OEMs, with the closest located within the same industrial park, ensuring timely response to client needs and stable, continuous supply. Concurrently, with the rise of China's proprietary automotive brands, we actively follow process R&D upgrades, proactively engage in co-design and optimization with clients, and advance hand-in-hand with them. Our high-quality service has gained client recognition, earning numerous honors and awards from automotive OEM customers in recent years. In the mobile information services sector, the company maintains long-term stable cooperative relationships with China's three major telecom operators and large banks. We have deep expertise in banking financial information services for nearly 20 years, with an annual message volume exceeding hundreds of billions. Through long-term service to core clients, we have accumulated technical expertise and experience, enabling us to create tailored comprehensive service solutions based on a profound understanding of client needs, thereby continuously creating value and pursuing mutual development with our clients. III. Synergistic Development Through Industrial Chain Extension, Mutual Promotion, and Active Empowerment In the automotive components segment, the company possesses a long-chain business scope spanning from steel plate procurement and processing/distribution, to mold design and manufacturing, and finally to the production of body and interior structural components. Through our self-operated steel supply chain service, we can source raw materials directly from source steel mills, creating cost advantages. Furthermore, we can dynamically grasp market trends and form forward-looking judgments regarding raw material price fluctuations. Simultaneously, mold design and manufacturing mutually reinforce the production of body and interior structural components, enhancing product development efficiency and customer response speed, and deepening our industry knowledge and technical expertise in automotive parts. In the mobile information services business, our investments and know-how in the FinTech sector enable positive interaction with financial industrial clients. We have the willingness and insight to empower the digital transformation of financial enterprises, thereby realizing our own differentiated development path and unique competitive advantages. IV. Cultivating a Corporate Culture and Value System, Valuing Talent, and Sharing Success Guided by the principles of "Collaboration, Integrity, Respect, Innovation and Sharing" and focused on smart manufacturing and information technology services, the company pursues synergistic cohesion and win-win cooperation. We advocate honesty, trustworthiness, and mutual respect, promote business and technological innovation, and seek shared success for the company, its employees, partners, shareholders, and society, gradually forming our own cultural value system. Under the guidance of this corporate culture and value system, the company values talent and aims to share the fruits of development with those who create value. In May 2025, the company granted a total of 4.817 million restricted shares to 5 senior executives and 96 core personnel. These shares will be released in batches over the next three years upon continuous fulfillment of the grant conditions and achievement of performance assessment targets, thereby realizing long-term alignment between company value and employee rewards.

Full description

Our business is primarily structured into three segments: automotive components, mobile information services, and third-party payment services. In the automotive components segment, we primarily engage in the procurement, processing, and distribution of steel plates, design and production of molds, as well as assembly of body and interior structural parts. Representative products include cross-car beams (CCB), anti-collision beams, hot-stamped door ring products and their corresponding molds. Over years of development, we have established a synergistic industrial chain within this segment, building strong comprehensive capabilities. We have been consistently ranked among the "Top 100 Automotive Supply Chains in China" by China Automotive News for multiple consecutive years. In the field of mobile information services, we are a leading integrated messaging service provider in China, catering primarily to corporate clients in finance, government and enterprises, and the internet sectors. We deliver efficient and accessible integrated messaging solutions and information services. Our key offerings include Lianxintong, Yinxintong, Cloud MAS, and 5G integrated messaging services. We provide comprehensive, full-lifecycle messaging services for both large and small-to-medium enterprise clients, covering content creation, content distribution, content marketing, customer operations, and marketing analytics. Our third-party payment services are operated through our third-tier subsidiary, Union Mobile Pay E-Commerce Co., Ltd.(hereinafter referred to as "UMP E-Commerce"). Holding the Payment Business License issued by the People's Bank of China, UMP E-Commerce is authorized to conduct operations in stored value account operations Category I (formerly internet payment and mobile payment) and payment transaction processing Category I (formerly bank card acquiring) in China. It has also completed filings as a fund sales payment institution and for cross-border RMB payment services, enabling it to provide comprehensive payment-based solutions for both corporate and individual users across the country. In April 2024, the Company signed a Share Transfer Agreement for the proposed divestment of 100% equity in UMP E-Commerce to the counterparty. This equity transfer is still subject to approval by the People's Bank of China and is currently in progress.

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