Hwaway Technology Corp. Ltd. Class A
SSZSE:00138015.83
CNY
+0.55
(+3.60%)
ISIN
CNE1000061P0
Return %
Stock
S&P 500
1Y
-39.86
13.14
3Y
7.25
80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Lei Jin
- Full Time Employees
- 2,048
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Zhuji China
- IPO Date
- May 16, 2023
- Website
- hwaway.cc
- Similar Companies
- Business
- Hwaway Technology Corp. Ltd. manufactures and sells high-end elastic components and precision automotive chassis suspension parts. The Company offers suspension springs, including front and rear coil suspension springs; stabilizer bars, comprising solid stabilizer bars, hollow stabilizer bars, active stabilizer bar systems, and stabilizer rocker arms; brake and transmission springs, including brake caliper springs, clutch damper springs, and shock absorber return springs; valve and powertrain springs, such as engine valve springs and transmission hydraulic control springs; precision interior and body springs, including sunroof mechanism springs, tailgate lift springs, and seat adjustment springs; and specialized elastic components for rail transit systems, industrial and humanoid robotics, engineering machinery, aerospace equipment, and electric energy infrastructure. Hwaway Technology Corp. Ltd. also provides high-stress alloy spring wire processing and customized engineering design services. The Company distributes its products to passenger and commercial vehicle original equipment manufacturers, new energy vehicle producers, and global tier-one automotive system suppliers. Hwaway Technology Corp. Ltd. manages domestic production, logistics, and research facilities across Zhuji, Chongqing, Henan, and Nanjing, while maintaining international operational and manufacturing hubs in Germany, Mexico, and Morocco. In recent developments, Hwaway Technology Corp. Ltd. obtained regulatory approval from the China Securities Regulatory Commission for the issuance of convertible corporate bonds to raise up to RMB 575 million to fund its Nanjing raw material production base, Chongqing manufacturing expansion, and automated smart warehousing initiatives. The Company also advanced its international operational presence by commencing operations at its German subsidiary dedicated to valve and custom-shaped springs, and establishing joint ventures in Morocco and Mexico in collaboration with Zhejiang Vie Science & Technology to support European, North African, and North American automotive supply chains. Furthermore, the Company expanded commercial volume production of high-value active stabilizer bar rocker arms for intelligent electric vehicles and broadened its product portfolio into high-precision elastic components for humanoid robotic actuators. Hwaway Technology Corp. Ltd. traces its roots to 1975, was incorporated in 2005, and is headquartered in Zhuji, China.