1. CITIC Dicastal
Zhejiang Wanfeng Auto Wheel Co., Ltd. was established on the 30th of September, 2001. Its business covers R&D, production and sales of automobile aluminum alloy wheels, motorcycle aluminum alloy wheels, leading the whole industry with an annual production volume of 35 million.
Jinfei Holding Group Co., Ltd. was founded in 1959, holding total assets of CNY 2.5 billion currently. The company covers an area of 1,200 acres and possesses over 5,000 employees, among whom there are 944 professional personnel.
Baoding Lizhong Wheel Manufacturing Co., Ltd. was established in 1995 and transformed into a sole proprietorship enterprise of China Wheel Holding Co., Ltd. (registered in Singapore) through equity merger in 2004. Its registered capital was CNY 171.5 million. The company covers an area of 80,000 square meters and possesses more than 1,200 employees.
Liuhe Machining Co., Ltd. was founded in 1971, mainly focusing on designing and producing automobile metal components. It is one of the major domestic automotive component manufacturers with its distribution of automotive component sales covering automobile manufacturers in Taiwan, Europe, America, Japan and Mainland China.
As one of the top 100 automotive component enterprises in China, Zhengxing Wheel Group Co., Ltd. attaches importance to R&D of new products, new technologies and new techniques as well as product quality control.
Xingmin Group has ten series of products, containing more than 1,000 varieties, such as steel wheels without inner tire, steel wheels made by engineering machinery, steel wheels for truck and steel wheels for agricultural use. Its annual production capacity exceeds ten million.
Advanti Wheel has manufactured adapted and upgraded rim products for a majority of domestic automobile and a variety of imported automobiles for the eight years since it entered China.
Zhongnan Wheel Co., Ltd. has successfully launched over 30 varieties and 400 specifications of wheel hubs in only 10 years, establishing relatively comprehensive product series. Besides meeting the demand of the domestic market, its products are also exported to the U.S., Canada, Japan, Australia, Europe and Southeast Asia.
As a famous wheel hub manufacturer in China, Ningbo BAODY is the core enterprise of the whole Group. It possesses modern standardized plants covering over 100,000 square meters, with the monomer production capacity reaching 4.5 million.
Analyzed by CRI, the production volume of passenger vehicles increased from 15.52 million to 24.42 million in China from 2012 to 2016, with a CAGR approaching 12%.