Bosch Huayu Steering Systems Co., Ltd. Information

With the biggest business scale and the largest market share in domestic PC steering systems market, it is awarded as High and New Technology Enterprise. With further business development, manufacturing bases in Yantai, Wuhan and Nanjing were set to meet the demand of customers in the northern, south-western, eastern and inland China. Due to change of equity of its foreign shareholder, the company name was officially changed from ZF Shanghai Steering Systems Co., Ltd. to Bosch HUAYU Steering Systems Co., Ltd. on July 4, 2016. As a joint venture, BHSS is co-invested by Robert Bosch Automotive Steering GmbH (with 51% share) and HUAYU Automotive Systems Co., Ltd. (with 49% share). Its registered capital is 69.52 million USD and in 2015 the total investment reached 446 million USD. In 2017, the consolidated revenue of BHSS exceeded 9.3 billion CNY. Robert Bosch Automotive Steering GmbH (former as ZF Lenksysteme GmbH) is one of the nine divisions of Bosch Group with customers in eight countries and over twenty areas. In 2018 Bosch ranked 75 of FORTUNE 500. HUAYU Automotive Systems Co., Ltd. is the largest listed neutral automobile components company with 31 direct-invested company and 80,000 employees. SAIC Motor Corporation Ltd., with 58.32% of proportion of shares, is its dominant shareholder. And as the largest automobile company in the A-share market in China, SAIC ranked 36 of FORTUNE 500 in 2018. The business scope of BHSS ranges from development, manufacturing, assembly to selling of automotive steering systems and related key components. Its main products cover all types of rack & pinion steering systems, including hydraulic power steering system (HPS), dual-pinion electrical power steering system (EPSdp), column electrical power steering system (EPSc), axial-parallel electrical power steering system (EPSapa) and relevant components. The products are supplied to 40 major OEM customers, including VW, SGM, Geely, SMC, Daimler, CJLR, etc. Some products are exported to 9 countries and regions. With continuous ...