|Shenzhen Hangsheng Electronics Co., Ltd., founded in 1993. is the leading Chinese company specialized in developing, manufacturing and sale automotive electronic products, with the registered capital RMB 150 million RMB and 2300 employees.
The main products include: automotive entertainment system, navigation system, Body ECU, intelligent traffic & theft-guarding system, etc.
Hangsheng Electronics has established stable and long term business relationship with the main domestic car makers. At present, Hangsheng Electronics has occupied 30% domestic market share with 90% domestic market coverage. Hangsheng Electronics has started to penetrate into North America, South Asia, Middle East, Russian and Japan.
Hangsheng Electronics has established itís own R&D and production capability. The company has been certified as the Automobile Electronics R&D Center of China Aviation Industry Corporation and the Technology Center of Shenzhen Enterprises with 300 R&D staff. Newly built Hangsheng Industrial Park, near Shenzhen intentional airport, occupies 72000 square meters and the construction area is reaching 66000 square meters; the annual capacity is 5 million sets(single shift). Hangshneg Electronics has pass the certification of ISO9001, QS9000, VDA6.1, TS16949 and ISO14001, as well as the on-site assessment by NISSAN, VW, Mitsubishi and VW. etc.
The company is growing rapidly over 13 years. It realized turnover 1.85 billion(USD), volume 2.2 million sets, which is 1400 times and 430 times as those of 1993.
The development of the company has been recognized by the clients and the industry. It has been awarded as the excellent supplier by FAW and Dongfeng Nissan, Global innovation Award form Nissan Motor Co., Ltd, China Automobile Electronics Gold-medal Enterprise, Top 10Brand of China Automotive Electronics Industry, Top 100 of China Electr4onics and Information Technology Companies, China Enterprise New Record Prize, China Excellent Enterprise, Guangdong Famous Brand, Shenzhen Largest Law-abiding Taxpayer, Shenzhen Top 50 Private Enterprise, etc.
The company aimed to build up a 1 billion(USD), international and world class automotive electronics company, and setup the plan for IPO in 2007, realize turnover 750 million(USD) in Y2010 and 1.25 billion (USD) in Y2013.