- CEO
- Jie Yang
- Full Time Employees
- 7,804
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Unit 3406, West Tower Central Hong Kong
- IPO Date
- Nov 24, 2020
- Business
- Wuling Motors Holdings Limited, a subsidiary of Wuling (Hong Kong) Holdings Limited, engages in the manufacture and sale of automotive components, powertrain systems, and specialized commercial vehicles primarily in China and select international markets. Incorporated in 1992 and headquartered in Central, Hong Kong, the company operates through four main segments: Vehicles' Power Supply Systems, which produces engines, plug-in hybrid electric drive systems, range-extenders, driving motors, and motor controllers; Automotive Components and Other Industrial Services, offering chassis products such as rear drives, gears, torsion beams, suspension assemblies, muffler exhausts, brake assemblies, sub-frames, interior and exterior parts including seats, door trims, cockpit assemblies, bumpers, stamping and welding modules like roof panels, engine hoods, side doors, electronic and electrical systems comprising switches, compressors, charging piles, and autonomous driving technologies including motor controllers, parking systems, electronic steering, and service brakes; Commercial Vehicles Assembly, encompassing new energy logistics vehicles, special purpose vehicles, non-road vehicles, mini electric cars, people movers, trucks, buses, sightseeing buses, and patrol vehicles; and Others, involving steel trading, water and power supply services, property investment, securities dealing, margin financing, and money lending. The company maintains production bases in Liuzhou, Qingdao, Chongqing, Jingmen, Nanning in China, as well as Indonesia and India, serving over 40 automobile manufacturers, more than 10 million end-clients for power systems, and over 1 million vehicle users, with customers including SAIC-GM-Wuling, Great Wall Motor, Chery, Geely, Foton, and Hozon. Recent developments include a strategic transition to new energy vehicles driving high-quality growth and global expansion, with first-half 2024 revenue from automotive power systems reaching RMB 902 million and casting sales up 26.2% year-over-year; commercial vehicle exports of new energy logistics, sightseeing, and patrol vehicles to Vietnam, Singapore, Thailand, the United States, Australia, and Egypt (including 200 vehicles in 2024); breakthroughs in overseas new energy parts supply such as rear drive axles and driving systems for Vietnam-exported passenger cars; enhanced synergies across segments with over 2 million annual automotive parts capacity; and establishment of a Hong Kong innovation center to boost technological strength, product competitiveness, and overseas new energy sales.