FAWER Automotive Parts Ltd. Co. Class A
2.65
HKD
-0.03
(-1.12%)
ISIN
CNE000000B34
Return %
Stock
S&P 500
1Y
-14.52
14.20
3Y
4.33
81.12
5Y
-22.06
68.34
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
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Junxin Li
- Full Time Employees
- 8,144
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- No.701 Xuehai Street Changchun JI China 130012
- IPO Date
- Sep 29, 1993
- Website
- fawer.com.cn
- Similar Companies
- Business
- FAWER Automotive Parts Limited Company, founded in 1993 and headquartered in Changchun, China, operates primarily in the research, development, manufacture, and sale of automotive parts for commercial and passenger vehicles both domestically and internationally. The company produces a comprehensive range of automotive components including chassis systems, thermal systems (such as HVAC, radiators, oil coolers, and supercharger intercoolers), engine accessory systems (fuel pumps, oil pumps, turbochargers), steering and safety systems (power steering, steering gears, airbags), braking and transmission systems (brakes, brake cylinders, parking brakes), fasteners, and intelligent network connectivity products. It serves a wide spectrum of vehicle types including heavy, medium, light, and micro commercial vehicles, as well as high, medium, and low-end passenger cars. FAWER holds a significant market share as a parts supplier within the China FAW Group, supporting brands like FAW-VW, Jiefang, Hongqi, Bestune, and FAW Toyota, and has expanded its customer base to include Geely, BMW, BYD, NIO, CATL, and HiPhi Motor. In recent years, FAWER has enhanced its global footprint by establishing new production bases across China’s Yangtze River Delta and Central China regions, alongside international manufacturing facilities in Mexico and Germany. The company has also engaged in strategic expansions including the acquisition of ABC Umformtechnik GmbH & Co. KG in Germany, marking its first cross-border M&A to strengthen its European market presence. Additionally, FAWER is progressing in the new energy vehicle sector with product orders from leading electric vehicle manufacturers and has expanded its supply relationships and R&D capabilities in the US and European markets. The company recently completed the full acquisition of its joint venture with French thermal systems company Valeo Systemes Thermiques, solidifying its control over FAW-Valeo Climate Control Systems. These moves align with FAWER’s strategic focus on innovation, international growth, and deepening its product portfolio in climate control, chassis, brake, transmission, steering, and engine components. FAWER functions as a key subsidiary of the state-owned China FAW Group, one of the top-tier Chinese automotive OEM conglomerates. Its operations span extensive manufacturing sites worldwide, totaling 66 production sites by 2023. The company’s comprehensive product suite and ongoing strategic initiatives position it as a critical automotive parts supplier with strong capabilities in climate control, chassis systems, new energy automotive components, intelligent connectivity technology, and safety systems, catering to a diverse client base in China and abroad.