- Business
- Beijing Fengjing Automotive Parts Co., Ltd. (formerly Beijing WKW Automotive Parts Co., Ltd.) researches, develops, manufactures and sells interior and exterior trim systems for passenger cars in China and internationally. Founded in 2002 and headquartered at 1501, 15/F, Building 7, No. 16 Xinya Street, Daxing District, Beijing, China, the company operates through Exterior Decoration Parts, Interior Decoration Parts, and Other Products and Services segments; it maintains production facilities including Qin Huangdao Fengjing Automotive Parts Co., Ltd., Wuxi WKW Automotive Parts Co., Ltd., Changchun Fengjing Automotive Parts Co., Ltd., Yantai Fengjing Automotive Parts Co., Ltd., Chengdu WKW Automotive Parts Co., Ltd., Foshan WKW Automotive Parts Co., Ltd., Qin Huangdao WKW Faurecia Automotive Interior Co., Ltd. and Wuxi比亚 Automotive Parts Co., Ltd. Core products encompass luggage racks, roof water strips, door lower guard plates, auxiliary instrument panels, electroplating parts, side beams, door exteriors, door frames, corner windows, B and C pillars, aluminum/wood interior trims, door frame water cuts, grilles, large door sill plates, wheel covers, wind windows, threshold plates, anti-collision beams, audio decorative strips, ashtray covers, center console interior parts and strips, door handle decorative frames, center console decorative parts, dashboards, inner decorative strips, interior decorative door frames, dashboard electroplating and decorative rings; the company supplies major automotive manufacturers such as SAIC Motor, FAW Group, Volkswagen, BMW and Toyota, with exports to over 30 countries including Europe and North America accounting for approximately 35-40% of sales. In April 2025, the company changes its name from Beijing WKW Automotive Parts Co., Ltd. to Beijing Fengjing Automotive Parts Co., Ltd.; it reports first quarter 2025 earnings, approves final cash dividend on A shares for 2024 payable May 16, 2025, invests heavily in R&D including over CNY 500 million in 2023 and CNY 200 million projected for electric vehicle components by end-2024, secures contract wins worth CNY 1.2 billion in first half 2023 from partnerships with SAIC Motor and FAW Group, upgrades manufacturing facilities with CNY 800 million investment in 2022 boosting capacity 15%, and pursues strategic expansions such as global partnerships, sustainable practices targeting 30% carbon footprint reduction by 2025, and increased focus on electric vehicle and lightweight components amid industry shifts to electrification.