Zhejiang Tion Vanly Tech Co
603210.SS
Shanghai Stock Exchange13.32
CNY
-0.24
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Zhejiang Tion Vanly Tech Co
603210.SS
(Shanghai Stock Exchange)
Recent
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13.32
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div
yld
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ROIC.AI
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- Business
- Zhejiang Tion Vanly Tech Co Ltd Zhejiang Tion Vanly Tech Co Ltd engages in the research, development, production, sales and service of automotive stamping and welded structural parts and small assembly functional parts for vehicle manufacturers principally in China. The company manufactures car structural parts including pedals, handbrakes, anti-collision beams, hinges, limiters, fuel tank doors and caps; and functional parts such as parking braking levers and foot operating brake levers. Founded in 2005 and headquartered in Taizhou Bay New Area, Taizhou City, Zhejiang Province, it serves leading domestic and international automakers including Geely, Great Wall Motor, Volvo, Lynk & Co, SAIC, GM, GAC, Ford, NIO and Li Auto. Zhejiang Tion Vanly Tech Co Ltd operates as a first-class supplier in the auto parts sector of the consumer cyclical industry, with approximately 1,594 employees and a focus on the domestic Chinese market. In recent developments, the company established a wholly-owned subsidiary, Suzhou Taihong Wanli Automotive Parts, completing industrial and commercial registration to invest 480 million yuan in an automotive body structural components production line project; it also plans a separate 738 million yuan investment through another unit for an automobile body and new energy battery structural components production line project.