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Consumer Cyclical ยท Auto Parts

Wanxiang Qianchao Co.,Ltd.

Chinese auto parts maker of bearings, driveshafts and braking systems

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What Wanxiang Qianchao does

Wanxiang Qianchao designs and manufactures the mechanical parts that go inside cars โ€” things like bearings, universal joints, drive shafts, shock absorbers, brakes and fuel tanks. It sells these components to vehicle manufacturers in China and abroad. Founded in 1969 and based in Hangzhou, it is part of the larger Wanxiang Group.

How Wanxiang Qianchao makes money

It earns revenue by supplying auto components in volume to vehicle manufacturers and the aftermarket, in China and for export. Profitability depends on manufacturing scale, precision forging capability and long-term supply relationships with automakers.

Products & services

Sector Consumer Cyclical Industry Auto Parts HQ China Ticker 000559.SZ Official site