Huaxiang Faurecia

Changchun Huazhong Yanfeng Plastic Omnium Automotive Exteriors Co., Ltd. is a joint venture equally owned (50% each) by Ningbo Huazhong Plastic Products Co., Ltd. and Yanfeng Plastic Omnium Automotive Exteriors Systems Co., Ltd., with a total investment of RMB 260 million. The company is mainly engaged in the design, development, manufacturing, and sales of exterior components such as bumpers, sills, and lower door trims. Its primary customer is FAW-Volkswagen Automobile Co., Ltd. Leveraging the advanced management concepts and strong technical support from its shareholders, the company is committed to providing higher-quality products and services to its customers, striving to become the world's best exterior supplier.
Introduction of Shareholders:
Ningbo Huazhong Plastic Products Co., Ltd., established in 1993, is a wholly-owned subsidiary of Huaxiang Group, which is among China's Top 500 enterprises and one of the 18 key supported enterprises in Ningbo. It is a high-tech enterprise integrating production, R&D, and sales. On January 12, 2012, it was successfully listed in Hong Kong, becoming Huazhong Holdings Limited, with 18 subsidiaries and joint ventures and over 3,000 employees.
Yanfeng Plastic Omnium Automotive Exteriors Systems Co., Ltd., established in 2007 with its headquarters in Shanghai, is a joint venture between Shanghai Yanfeng, a top 100 auto parts company globally, and France's Plastic Omnium. It is a leading national supplier of automotive exterior systems design and manufacturing, with 18 manufacturing bases across China. Leveraging its strong technical capabilities, it develops lightweight vehicle exterior solutions for customers. Yanfeng Plastic Omnium primarily engages in the design, development, testing, and manufacturing of bumpers, composite tailgates, anti-scuff strips, sills, plastic fenders, and plasticized automotive exterior parts. With a domestic market share of 23.2%, it consistently ranks first in China.
JV Company Introduction and Outlook:
Changchun Huazhong Yanfeng Plastic Omnium Automotive Exteriors Co., Ltd. is located in the Changchun Economic and Technological Development Zone, covering an area of 39,981 square meters, with over 450 employees. As a major exterior supplier to FAW-Volkswagen in Changchun, it has a stable and mature production base. With outstanding development capabilities, it has long supplied exterior components for models such as Audi A6, A4, Q5, Q3, and Volkswagen Magotan, maintaining long-term, stable, and good cooperative relationships with customers and providing high-quality products and services.