Hefei Changqing Machinery Co., Ltd.
Hefei Changqing Machinery Co., Ltd. (Security Abbreviation: Changqing Shares; Security Code: 603768) was officially listed on the Shanghai Stock Exchange on March 24, 2017, with a registered capital of RMB 237.9559 million. The company is an automotive parts manufacturer that integrates workwear design and development, stamping, and welding, and is also a private high-tech enterprise with a provincial-level enterprise technology center. Its core business encompasses the R&D, production, sales, and technical consulting of automotive parts and mold fixtures, as well as the processing, manufacturing, and sales of mechanical products.
Scale, Layout, and Business Areas
The company is a financially robust, large-scale enterprise with 19 wholly owned subsidiaries and 3 branch offices, employing more than 4,000 people. Its business spans a wide range of sectors, including raw materials, commercial vehicles, passenger cars, new-energy vehicles, lightweight advanced materials, and energy storage, thereby establishing a diversified business portfolio. The company has also established a well-developed regional footprint, covering numerous cities within the province such as Fuyang, Ma’anshan, Wuhu, Bozhou, and Anqing, while extending its presence to key regions outside the province, including Fengning in Hebei, Yizheng in Jiangsu, Suizhou in Hubei, and Yibin in Sichuan, thus building an efficient regional operating network.
Core Technologies and Production Capabilities
As a Tier 1 automotive components supplier in China, the company boasts significant core competencies. On the technology front, it has fully mastered the core technologies for the development and production of stamped and welded automotive components, enabling it to conduct product development in parallel with vehicle manufacturers. In terms of manufacturing, the company has introduced state-of-the-art automated stamping and welding production lines and key equipment, substantially elevating its process technology and large-scale mass-production capabilities. These advanced manufacturing processes and equipment ensure that the company’s products consistently rank among the industry leaders in all performance metrics, positioning it as one of the few domestic specialized manufacturers of stamped and welded automotive components capable of providing large-scale supply services to both commercial and passenger vehicle OEMs.
Core Customer Resources
Leveraging high-quality products and services, the company has cultivated a stable, high-caliber core customer base. In the commercial vehicle supply segment, it primarily serves leading domestic manufacturers such as JAC Motors, Foton Daimler Automotive (a joint venture between BAIC Group and Daimler), China National Heavy Duty Truck Group, and Dongfeng Motor. In the passenger vehicle sector, the company has established solid partnerships with renowned brands including JAC Motors, Chery Automobile, BYD, Changan Automobile, SAIC Maxus, Geely Auto, and Volkswagen, with its customer coverage and industry standing both ranking among the top in the market.
Recognition of Honors and Qualifications
Over its long-term business development, the company has earned numerous prestigious awards and certifications, fully demonstrating its industry standing and broad social recognition. These include such key honors as “National High-Tech Enterprise,” “Large-Scale Private Enterprise Recognized by the All-China Federation of Industry and Commerce,” “Top 100 Domestic Automotive Parts Enterprises,” “Top 100 Private Enterprises in Anhui Province,” “Anhui Provincial Model Unit for Labor Security Integrity,” “Enterprise with Harmonious Labor Relations in Hefei City,” and “Advanced Unit for Charity (Public Welfare) in Hefei City.”
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Customer-centricity, rapid development of core competencies, and gradual transformation into a world-class enterprise.
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