Zhejiang Founder Motor Co., Ltd. Class A
SSZSE:00219610.70
CNY
+0.54
(+5.31%)
ISIN
CNE1000008L0
Return %
Stock
S&P 500
1Y
18.63
13.14
3Y
69.04
80.78
5Y
30.49
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
CNY
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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
- Wei Wen Weng
- Full Time Employees
- 3,536
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No. 626 Chengda Street Lishui ZH China 323000
- IPO Date
- Dec 13, 2007
- Website
- fdm.com.cn
- Similar Companies
- Business
- Zhejiang Founder Motor Co., Ltd. engages in the research, development, manufacture, and sale of specialized micro motors and automotive components. Its product portfolio includes drive motors for new energy vehicles (NEVs), permanent magnet brushless motors, permanent magnet synchronous motors, AC induction motors, switched reluctance motors, electric vehicle (EV) motors, power steering pump motors, seat motors (front lift, rear lift, horizontal), wiper motors, vehicle controllers, motor controllers, steering valve controllers, and electronic control units for diesel and gas engines. The company also provides automobile control systems, EV inverters, commercial EV drive systems, and automotive powertrain components. It serves major Chinese original equipment manufacturers (OEMs), NEV makers, and Tier 1 global suppliers, supporting clients such as SAIC-GM-Wuling, Geely, SAIC Motor, Chery, and XPeng. Zhejiang Founder Motor operates production facilities in China’s Shanghai, Hangzhou, Shenzhen, and Hubei provinces, as well as in Vietnam. Founded in 1995 and headquartered in Lishui, China, the company has expanded through acquisitions, including Shenzhen Gold Corolla Electronics Co., Ltd., Hangzhou Dewos Electric Technology Co., Ltd., and Shanghai High Energy Auto Electronic Co., Ltd., solidifying its position in the automotive components and motor control markets. In late 2022 and 2023, Zhejiang Founder Motor advanced manufacturing capabilities with new subsidiary Fangde Weite Motor (Lishui) Co., Ltd. and executed significant projects such as the future factory Manufacturing Operations Management (MOM) system. It also expanded strategic partnerships with EV manufacturers like NIO and XPeng, contributing components for new high-profile vehicle models including the Wuling Hongguang Mini EV and XPeng P7 and G9. In 2024, the company was recognized among Zhejiang Province's top 500 high-tech enterprises. While facing a slight revenue decline in 2024, Zhejiang Founder Motor continues to focus on innovating motor and controller technologies, including increased efforts in household appliance and power tool controllers, positioning itself for future growth in new energy and intelligent automotive sectors. Zhejiang Founder Motor is a recognized leader in the Chinese motor manufacturing industry, particularly noted for its integrated new energy drive systems and multifunctional small motors with a strong market share globally in specialized segments such as home sewing machine motors. The company continues to invest in research, product development, and strategic alliances to enhance its product offerings and global competitiveness in powertrain and motor control solutions for electric and conventional vehicles.