- Business
- Jiangsu Xinquan Automotive Trim Co., Ltd. specializes in the design, development, manufacture, sale, and supply of automotive interior and exterior trim components in China. The company's main products include interior assembly parts such as instrument panel assemblies, overhead file cabinet assemblies, door inner panel assemblies, column guard panel assemblies, sink cover assemblies, and exterior bumper assemblies. It also provides mold design and manufacturing services related to these automotive parts. Founded in 2001 and headquartered in Changzhou, China, Jiangsu Xinquan operates as a leading domestic supplier of comprehensive automobile trim solutions.
The company primarily serves automotive manufacturers by offering integrated automotive trim system components designed to enhance vehicle interiors and exteriors. Its product portfolio spans dashboard assemblies, door panels, top cabinets, and bumper systems, positioning Jiangsu Xinquan prominently in the auto parts and accessories market segments. The firm also engages in import and export activities related to automotive technologies and commodities.
In recent developments, Jiangsu Xinquan has pursued strategic expansion through innovation and business growth initiatives. In 2024 and 2025, it increased investment in research and development, launching more than ten new products featuring advanced materials and enhanced design, which contributed to significant revenue growth. The company also established a robotics subsidiary to drive new growth momentum and is actively pursuing business expansion, reflected in a revenue increase to RMB 11.41 billion in the first three quarters of 2025, representing an 18.8% year-on-year growth despite some pressure on net profit. Additionally, Jiangsu Xinquan completed an equity buyback in early 2024 and has maintained a strong focus on quality assurance and sustainable manufacturing processes, including a 20% reduction in product defects and efforts to increase sustainable material sourcing to 70% in 2024. The company aims to expand its market reach internationally, targeting new markets and increased overseas revenue contributions by 2025. These strategic moves underline Jiangsu Xinquan's commitment to innovation, quality, sustainability, and global market expansion in the automotive components sector.