- CEO
- Ji Ye
- Full Time Employees
- 2,307
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Building 10, Alibaba Digital Ecosystem Innovation Park Hangzhou ZH China 311100
- IPO Date
- Jun 22, 2000
- Business
- Sensteed Hi-Tech Group Sensteed Hi-Tech Group (000981.SZ), through its subsidiaries, researches, develops, manufactures, and sells automotive transmissions, powertrain systems, and safety components primarily in China and internationally. The company offers continuously variable transmissions (CVT), dual clutch transmissions (DCT), hybrid powertrain systems, pure electric powertrain systems, and automotive airbag gas generators for the automobile industry; it also engages in real estate development and management, hotel operations, wholesale and retail trade, information technology services, accommodation and catering, property management, gearbox production, car manufacturing, and labor dispatch services. Founded in 1998 and headquartered in Shanghai, China, Sensteed Hi-Tech Group operates over 100 domestic and foreign subsidiaries, targeting the automotive supply chain, new energy vehicles, semiconductors, high-end manufacturing, intelligent connected vehicles, autonomous driving, advanced semiconductor packaging materials, and travel services across global markets.
In January 2023, the company underwent a significant reorganization, changing its name from Yinyi Co., Ltd. to Sensteed Hi-Tech Group to reflect its strategic shift toward high-tech automotive and semiconductor sectors. More recently, Sensteed announced an equity buyback plan on July 27, 2024, which it extended through July 24, 2025, repurchasing approximately 4.37 million shares (0.04% of total) for CNY 10 million by mid-2025 to support shareholder value amid market challenges. In November 2025, the company received and approved a shareholder proposal from Zhongxin Zihe Private Fund Management regarding the reappointment of its auditing firm, Tianjian Accounting Firm, for 2025 financial reporting and internal controls, signaling ongoing governance enhancements. These moves align with its broader ecosystem development in new energy funds and semiconductor supply chains.