- CEO
- Guang Zhu
- Full Time Employees
- 5,407
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- No. 8, Mozhou (East) Road Nanjing JS China 211111
- IPO Date
- May 23, 2008
- Business
- Aotecar New Energy Technology Co., Ltd. (002239.SZ) engages in the research, development, design, manufacture, and sale of automotive thermal management systems and components, with a focus on air-conditioning compressors and related products. The company offers scroll compressors, electric compressors including electric scroll and heat pump variants, piston compressors, automotive air-conditioning systems, energy storage batteries, and charging system thermal management products and key components; it leads in automotive air-conditioning compressor technology in China with approximately 30% domestic market share and ranks fifth globally. Founded in 2000 and headquartered in Nanjing, China, Aotecar operates six major production bases worldwide, including subsidiaries in China and an overseas multinational entity, serving customers such as Chery Automobile with products supplied to markets in Europe, North America, Australia, and Asia. The company was formerly known as Jiangsu Kingfield Garments Co., Ltd. prior to its name change and strategic pivot to new energy technology in August 2015, when it listed on the Shenzhen Stock Exchange. In recent developments, Aotecar established a wholly-owned subsidiary, Aotecar Investment Co., Ltd., in June 2025 with RMB 500 million in registered capital to pursue strategic investments, mergers, and acquisitions in the automotive thermal management industry chain and emerging sectors; additionally, in September 2025, it announced a private placement of up to 196.7 million shares to Hubei Changjiang No. 1 Industrial Investment Partnership for gross proceeds of approximately RMB 499.65 million to bolster core competitiveness.