- CEO
- Guo Ping Liu
- Full Time Employees
- 3,851
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- No. 1626, Qingwei Road Qingdao SD China 266200
- IPO Date
- Dec 28, 2010
- Business
- HyUnion Holding Co., Ltd., founded in 2004 and headquartered in Qingdao, China, is a diversified enterprise primarily engaged in intelligent manufacturing and financial technology services. The company manufactures and sells automotive lightweight components, including steel truck wheels and specialized vehicle frames such as tank trailers and refrigerated trailers. Its core products comprise automotive structural and welding components, transmission parts, wheels, reducers, electric vehicle chassis modules, and high-efficiency motors. HyUnion also operates in the special vehicle industry, producing customized transport solutions for logistics, energy, and cold chain sectors utilized in freight transport, chemical storage, and food distribution. In addition to manufacturing, HyUnion provides mobile information services encompassing domestic and overseas SMS, 5G messaging, business operation support, technical support, and complaint handling, alongside fintech offerings like integrated B2B digital messaging, big data services, cross-border e-commerce platforms, and third-party payment services.
In recent years, HyUnion has strategically refocused its fintech operations by divesting its third-party payment subsidiary Union Mobile Pay in 2024 to concentrate on intelligent manufacturing and fintech messaging businesses. The company has demonstrated strong profitability growth in its core manufacturing segment, with a notable 283% increase in net profit excluding non-recurring items in 2024. HyUnion is actively investing in advanced materials such as aluminum, magnesium, and ultra-high-strength steel to enhance lightweight automotive component production and accelerate automation and intelligent manufacturing capabilities. The company maintains strategic partnerships domestically and internationally to bolster its competitiveness in commercial vehicle components and specialized transportation equipment markets. HyUnion is listed on the Shenzhen Stock Exchange under the ticker 002537.SZ and holds a leading position in China's automotive advanced manufacturing landscape. Its largest shareholder is Qingdao Haili Holdings Co., Ltd., which owns approximately 20.6% of the company.
Besides automotive and special vehicles, HyUnion has expanded into industrial applications, including inverter compressors, electric tool pumps, and motor components, enhancing its product diversification. Its fintech arm offers integrated messaging services such as ICT, Yinxintong, Cloud MAS, and operator billing and settlement services catering to financial, government, enterprise, and internet sector clients. These diversified offerings position HyUnion to capture opportunities in both traditional automotive markets and emerging fields like new energy vehicles and digital finance technologies in China and abroad.
HyUnion Holding Co., Ltd. continues to strengthen its operational efficiency, technological innovation, and global market reach, aiming to be a leading provider of lightweight automotive solutions and intelligent manufacturing products in the evolving automotive and fintech industries.