Summary
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.
History
CAAS was established in 1994 in Hubei, China. The company started with a wide range of products, including universal-joints and tripods, offset gears, and a power steering assembly. In 2002, it established a new manufacturing facility in Guangzhou, China, and has since grown to become the largest supplier of power steering components and systems in China.
Mission
Our mission is to provide leading steering technology, products and services that help promote safety, comfort and environmental consciousness in the global automotive industry. We strive to exceed customer expectations in terms of quality, delivery and performance.
Vision
We envision a future where China Automotive Systems will be a world leader in providing power steering systems and components that meet the highest standards of performance, reliability and durability.
Key Team
Ms. Na Wei (Sec.)
Mr. Yiu Wong Tse (Sr. VP)
Kevin Theiss (Mang. of Investor Relations)
Mr. Richard Gills (Pres of California Division)
Recognition and Awards
Some awards CAAS has won include the 2015 China Auto Market Gold Prize and the 2017 China Automotive Excellence Award from China Economic Information Network. It was also named as one of the top 10 most competitive companies in China for 2017 and 2018 by the China Association for Quality Promotion and Enterprise Evaluation.
References
China 