- Business
- Wencan Group Co., Ltd. (Shanghai Stock Exchange: 603348) manufactures automotive aluminum alloy precision die castings for new energy vehicles and traditional fuel vehicles. The company produces lightweight components for body structural systems, integrated body systems, battery housing systems, new energy power systems, chassis systems, brake systems including master cylinders and calipers, engine systems, transmission systems; specific products encompass engine blocks, gearbox housings, steering gear housings, air-conditioning compressors, vacuum pumps, control modules, and various pumps. Wencan Group operates over 20 production bases across China in Foshan, Nantong, Wuxi, Tianjin, Chongqing, Lu'an, Dalian, and Wuhan, as well as facilities in Mexico, Hungary, Serbia, and France; it serves global customers including Mercedes-Benz, Volkswagen, Tesla, Volvo, Audi, Great Wall, Mahle, Valeo, Brose, ZF, and HVCC in more than 20 countries. Founded in 1998 and headquartered at No. 125 Heshun Avenue, Lishui Town, Nanhai District, Foshan, China, the company changed its name from Guangdong Wencan Die Casting Co., Ltd. in July 2021; it listed on the Shanghai Stock Exchange in 2018 and employs over 6,000 people. Recent developments include the 2020 acquisition of French auto parts maker Le Bélier enhancing its European and American presence, a 2023 visit by French President Macron to its chairman amid France investments, groundbreaking for a Foshan new energy vehicle lightweight intelligent factory, launch of a 10,000-ton super die-casting machine with robot integrated technology in Chongqing, and recognition of its Tianjin facility as a national green factory.