Jiangxi Yuancheng Automobile Technology Co., Ltd. is the largest automotive suspension manufacturing and R&D enterprise in China. The company, established in 2005, focuses on the production of automotive suspension products and has been listed by Nanchang Municipal Government as a key industrial enterprise. On December 8, 2015, the company's stock was listed in NEEQ, with stock abbreviation: Yuancheng Stock, and stock code: 834388.
Now, Yuancheng has become a group company controlling eight subsidiaries, with registered capital of 85.05 million yuan, total assets of 780 million yuan and annual sales volume of 500 million yuan.
Yuancheng currently has three air suspension production lines and 14 leaf spring production lines, reaching an annual production capacity of 30, 000 sets of automotive air suspensions, 200, 000 high-end leaf springs and 12, 000 tons of automotive fasteners. The company also has first-class production devices and different inspection and testing devices. And its leaf spring products of "Changli" brand have been awarded Jiangxi Famous Brand Product, Jiangxi Famous Trademark and Nanchang Famous Trademark. The company is the only high-tech enterprise that produces both automotive air suspension and high-end automotive leaf spring in China.
Yuancheng has also founded provincial enterprise technology center, Nanchang Engineering Technology Research Center and Jiangxi Academician Workstation, having had 26 air suspension patents, 12 automotive leaf spring patents and other knowledge technologies and passed the certification of TS16949: 2009 International Quality Management System as well as ever participated in the preparation of international standard ISO18137-1.
Yuancheng is one of the leading enterprises in leaf spring field in China and its production and sales throughout the country have ranked in top three in five consecutive years in leaf spring industry of China, with over 10% market share; In domestic after-sales market, the company have 100 branches, ranking first in six consecutive years in term of sales, so it has become a dark horse in the industry. In domestic aftermarket, the company has established a long-term cooperation relationship with Beiqi Foton, Dongfeng, Jiangling Motors and many other well-known complete-vehicle enterprises. In international market, its export amount has increased rapidly in successive years and its products have been exported to Europe, America, Southeast Asia, Africa and other countries. In 2015, it earned foreign exchange of more than USD 15 million through exports, reaching a balanced development of after sales, accessory and export.