Jiangsu Yuantong Group Co., Ltd. is a professional auto parts manufacturer. The former of the group was Danyang Nonferrous Metal Casting Factory, which was established in 1977. In early 90s, Jiangsu Feilun was found, and later reformed as Jiangsu Yuantong Auto Parts Co., Ltd. in Aug. 2003. Jiangsu Yuantong Group Co., Ltd. was officially formed in 2005.
The group's headquarters is located in Douzhuang Fangxian Town Danyang City Jiangsu Province, which is in the center of the Yangtze River Delta economic zone. Its location is ideal for development--4 km east to the Changzhou airport; 1km south from Hu-Ning Highway; 10km west to Danyang City and 20km north from the Changjiang port--which has obvious economic locational advantages, especially for technical cooperation.
The group has 1626 employees, 362 out of which are professionals and technologists from all kinds. The total assets are 368 million Yuan and fixed assets in 158 million Yuan. The group is mainly engaged in manufacturing aluminum alloy wheels, recreational sports cars, petrol motor bikes as well as real estate. In 2006, the group’s total sales was 456 million Yuan, and the amount of profit and taxes was over 46.79 million Yuan.
subsidiary companies: Jiangsu Yuantong Auto Parts Co., Ltd.; Gaoyou Auto Parts Co., Ltd.; Danyang Nonferrous Casting Factory; Danyang Sports Cars Co., Ltd.; Shanghai Yuanzhitong Co., Ltd.; Chongqing Yuanzhitong Motor Vehicle Co., Ltd. and Danyang Huachang Garden Real Estate Development Co., Ltd.
Jiangsu Yuantong Auto Parts Co., Ltd. has 687 employees and 156 million Yuan total asset. It covers 70,000 square meters, has 30,000 square meters construction area for production and 215 suits of equipment. The company specializes in manufacturing aluminum alloy auto wheels which are compose of 5 series of 500 kinds with annual productivity of 1.2 million pieces. The products are mainly exported to US and OEM for domestic auto makers. In 2006, its sales was 220 million Yuan and exported for 13.63 million US dollars. The company is also recognized as “Nation’s auto parts export base”, “Nation’s top ten wheel manufacturers”, “Excellent auto parts enterprises”, “Nation’s leading casting export enterprises”. The company’s brand “Rose” is awarded as “Jiangsu’s famous brand”
Gaoyou Auto Parts Co., Ltd. is located in the No.1 development zone of Gaoyou City, Jiangsu Province. It has 300 employees, 75 million Yuan total assets and 10256 square meters’ workshop. It imported a full set of production line to manufacture aluminum alloy wheels for exporting to Europe, and its annual productivity is 400,000 pieces. In 2006, the company exported 376,000 pieces of products or 8.2 million Euros.
Danyang Nonferrous Casting Factory lies in the east part of the group, specializing in manufacturing aluminum alloy casting and aluminum alloy motorcycle wheels. With 387 employees, 6800 total assets, 17,821 square meters’ workshop and 1 million pieces of annual productivity, the company’s products are mainly OEM for domestic motorcycle makers such as Honda and Jincheng, which are also recognized as Jiangsu’s famous products. In 2006, its sales was 106 million Yuan, profit and taxes was 12 million Yuan.
Danyang Sports Car Co., Ltd. is mainly engaged in developing and producing recreational sports cars since its establishment 3 years ago. At present, there are 3 series of 29 varieties of new models. The total output adds up to 3873 units. In 2006, the output was 1896 units, exported for 4.83 million US dollars. Now, the new plant has been put into production since Aug. 2007, and the total output will be largely raised.
Shanghai Yuanzhitong, Chongqing Yuanzhitong Motor Vehicle Co., Ltd and Danyang Huachang Garden Real Estate Development Co., Ltd. are new projects co-invested by the group in 2006. They will boost the whole group’s development.
All the subsidiary companies are operating according to the guideline ”scientific management, safe quality products, trustful and thoughtful service, mutually beneficial development”. They all passed the “ISO9001、TS16949、EEC、ISO14001” certification, ensuring that the company's economic stability, sustained and healthy development.
The group is carrying out further structural reform and listing plan seeking for long-term development. “United striving to achieve” is our group's concept; “Leading in domestic and rivalizing in the international market” is our group's unwavering goal. We are willing to cooperate with every confrere to create the bright future of Jiangsu Yuantong.
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