Ningbo Huaxiang Electronic Co., Ltd.(002048.SZ)
Profile
Registered Capital:
567.14(RMB MLN)
Employees:
4821
Email:
stock-dp@nbhx.com.cn

WebSite:
http://www.nbhx.com.cn
Tel:
021-68948127
Fax:
021-68942260
Introduction from Google Finance
Ningbo Huaxiang Electronic Co., Ltd. is principally engaged the development, manufacture and distribution of automobile components and parts and special refitted vehicles. The Company's major products include instrument panel assemblies, door decorative board assemblies, hickory interior assemblies, center routeway assemblies, front and rear windshield seals, wire harness protection devices, air-conditioner evaporator components, pressing parts and welding parts. The Company's products are mainly applied to automobile interior and external systems, automobile chassis, automobile electric appliances, air-conditioner accessories and automobile engine systems. The Company primarily operates its products in domestic markets with northeast China, Zhejiang Province and Shanghai as its major markets.
Reports
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Introduction from Company WebSite

Ningbo huaxiang electronic Co., LTD is a professional auto parts research, production, sales and after-sales service company, was founded in 2001. At present the company subsidiary 15, mainly distributed in the northeast, Shanghai, ningbo and jiangxi area, number of employees to nearly 5000. The company is Shanghai Volkswagen, Shanghai automotive, faw Volkswagen, Shanghai gm, tianjin faw Toyota and other domestic automobile manufacturers of main parts suppliers. The main products include automotive interior and exterior trim, automobile chassis accessories, automobile electric appliances and air conditioning parts, automobile engine accessories, such as car muffler, mainly used in engine accessories system, chassis system, electrical and air conditioning system, internal and external trim systems, etc. The main supporting models include "passat new LingYu", "road view", "loungyee", "the audi Q5", "audi A6", "soar team", "golf A6", "skoda" and "new JunWei" "roewe", "the crown", "RuiZhi", "card Laura", "the sounds" and "Mazda", "santana", "the jetta", "the pentium", etc.
In May 2005, the company successfully issued 30 million shares in shenzhen, and listed securities code: 002048. In December 2006, the China securities regulatory commission for approval, the company to particular investors non-public 52 million shares to raise fund 435.08 million yuan; In April 2010, and solicit again 73.4 million shares and raising money 87199.20 ten thousand yuan, the company three times for enterprise issued shares to raise the funds needed for the rapid development of the enterprise, the breakthrough precious developing capital bottleneck, promote the innovation and the development, the company company performance to rapid growth. By the end of 2010, compared with the listed, the total business income growth before 11.59 times, total profit increased 10.18 times, net profit increased 12.15 times.
 

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