Wanfeng Auto Holding Group (), fully referred to as Wanfeng Auto Holding Group Co., Ltd., headquartered in
Xinchang County, China, is a parts and equipment
manufacturer
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the
secondary se ...
for the
automotive industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor ve ...
, and
energy saving.
The company was founded in 1994 by Chen Ailian. It manufactures lightweight metal parts:
aluminium wheels and
magnesium alloy
Magnesium alloys are mixtures of magnesium (the lightest structural metal) with other metals (called an alloy), often aluminium, zinc, manganese, silicon, copper, rare earths and zirconium. Magnesium alloys have a hexagonal lattice structur ...
materials, and provides environmental protection
coating
A coating is a covering that is applied to the surface of an object, or substrate. The purpose of applying the coating may be decorative, functional, or both. Coatings may be applied as liquids, gases or solids e.g. powder coatings.
Paints ...
s,
hybrid vehicle
A hybrid vehicle is one that uses two or more distinct types of power, such as submarines that use diesel when surfaced and batteries when submerged. Other means to store energy include pressurized fluid in hydraulic hybrids.
Hybrid powertrai ...
and
electric vehicle
An electric vehicle (EV) is a motor vehicle whose propulsion is powered fully or mostly by electricity. EVs encompass a wide range of transportation modes, including road vehicle, road and rail vehicles, electric boats and Submersible, submer ...
assembly and
powertrain
In a motor vehicle, the powertrain comprises the main components that generate engine power, power and deliver that power to the road surface, water, or air. This includes the internal combustion engine, engine, transmission (mechanics), trans ...
systems, technical services and
control system
A control system manages, commands, directs, or regulates the behavior of other devices or systems using control loops. It can range from a single home heating controller using a thermostat controlling a domestic boiler to large industrial ...
s.
It is involved in
aircraft manufacturing
An aerospace manufacturer is a company or individual involved in the various aspects of Aircraft design process, designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a hi ...
and
research & development,
airport
An airport is an aerodrome with extended facilities, mostly for commercial Aviation, air transport. They usually consist of a landing area, which comprises an aerially accessible open space including at least one operationally active surf ...
construction and management and
general aviation
General aviation (GA) is defined by the International Civil Aviation Organization (ICAO) as all civil aviation aircraft operations except for commercial air transport or aerial work, which is defined as specialized aviation services for other ...
operations: aerial
sightseeing
Tourism is travel for pleasure, and the commercial activity of providing and supporting such travel. UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity o ...
,
air sports and
flight training
Flight training is a course of study used when learning to pilot an aircraft. The overall purpose of primary and intermediate flight training is the acquisition and honing of basic airmanship skills.
Flight training can be conducted under a str ...
services.
[
It supplies industrial automatic gating systems, low pressure and gravity ]die cast
Die casting is a metal casting process that is characterized by forcing molten metal under high pressure into a mold cavity. The mold cavity is created using two hardened tool steel dies which have been machined into shape and work similarly to ...
machines and auxiliary equipment, with consulting
A consultant (from "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Cons ...
and maintenance and repair services, and provides automation
Automation describes a wide range of technologies that reduce human intervention in processes, mainly by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machine ...
for auto and heavy industries
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); o ...
and industrial robot
An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on three or more axes.
Typical applications of robots include robot welding, welding, painting, assembly, Circu ...
intelligent equipment.
It provides private equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
, hedge fund
A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
and finance leasing services.
It designs, develops, and constructs real estate properties and services high-rise buildings
A tower block, high-rise, apartment tower, residential tower, apartment block, block of flats, or office tower is a tall building, as opposed to a low-rise building and is defined differently in terms of height depending on the jurisdiction. ...
, multi-story residences, villas, office building
An office is a space where the employees of an organization perform administrative work in order to support and realize the various goals of the organization. The word "office" may also denote a position within an organization with specific du ...
s, community and commercial building
Commercial may refer to:
* (adjective for) commerce, a system of voluntary exchange of products and services
** (adjective for) trade, the trading of something of economic value such as goods, services, information or money
* a dose of advertising ...
s and government properties.Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...
and is a part of the SZSE 200 Index
SZSE 200 Index are indice of Shenzhen Stock Exchange. It consists of SZSE 200 Price Index () and SZSE 200 Return Index (), using the same constituents but different methodology.
It was a sub-index of SZSE 300 Index, which consists of all constitu ...
.
From 2018 to March 2020, Wanfeng Auto Holding Group illegally occupied more than 1.1 billion yuan of funds from its subsidiary Wanfeng Auto Wheel. On June 22, 2020, Zhejiang Securities Regulatory Bureau issued a warning letter to Wanfeng Auto Holding Group.
References
{{reflist
Companies established in 1994
Companies based in Zhejiang
Companies listed on the Shenzhen Stock Exchange
Metal companies of China
Manufacturing companies of China
Chinese brands