
HASCO

HASCO
Huayu Automobile Systems Co., Ltd. (hereinafter referred to as the "Company") was listed on the Shanghai Stock Exchange in 2009 and is headquartered in Shanghai. The company's business is independent research and development, production and sales of automotive parts. It mainly includes six business segments: "metal molding and mold, interior and exterior decoration, electronics and electrical appliances, functional parts, thermal processing, and new energy".
As of the end of 2012, the company's total share capital was 2.58 billion shares, the total consolidated assets were 48.24 billion yuan, and the aggregated sales revenue was 108.924 billion yuan. The company has a total of 28 direct investment enterprises, mainly including Shanghai Tractor Internal Combustion Engine Co., Ltd., Shanghai Saikeli Automobile Mold Technology Application Co., Ltd., Yanfeng Vishitong Automobile Decoration System Co., Ltd., Shanghai Koito Automobile Lighting Co., Ltd., Shanghai Industrial Transportation Electrical Co., Ltd., Shanghai Valeo Automobile Electrical System Co., Ltd., Shanghai Sandian Beer Automobile Air Conditioning Co., Ltd., Shanghai Natiefu Transmission Shaft Co., Ltd., Shanghai Pierberg Nonferrous Parts Co., Ltd., Shanghai Qiantong Automobile Accessories Co., Ltd., Huayu Automobile Electric System Co., Ltd. and other enterprises. The company has about 80,000 employees established 188 R&D, manufacturing and service bases in 19 provinces, cities and autonomous regions across the country to provide customers with localized supply services.
The company has always adhered to the development strategy of "zero-level, neutralization and internationalization", keeps up with the technological development trends of the automotive industry, and focuses on technical research and application related to the themes of "energy-saving and environmental protection", "comfortable and convenient" and "safety protection". Through strategic cooperation with world-leading parts suppliers, it provides vehicle customers with high technical content, excellent quality and cost advantages.
R&D system:
Huayu Automobile has certain international competitiveness, including a relatively complete design and development system in terms of product development process, development software, experimental verification equipment, development team, etc.
As of the end of 2011, a total of 34 affiliated companies in Huayu Auto were rated as high-tech enterprises, and some corporate technology centers have basically had the ability to participate in international competition.
R&D team:
As of the end of 2011, Huayu Automobile had 20 technology centers recognized as technology centers at the Shanghai municipal level and above, and had trained a R&D team of more than 6,000 people to form a stable technical R&D personnel team that shared knowledge with overseas and had certain local application development capabilities.
R&D Strength:
Covering comprehensive technical capabilities in design, verification, process development, mold development and manufacturing.
As of the end of 2011, Huayu Automobile has applied for a total of 691 patents and has obtained a total of 561 patent authorizations.
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