Yantai Yatong

◆ Enterprise profile

Yatong Precision Mechanical

◆ 3 major business sectors

◆ 8 major production bases

◆ 16 affiliated enterprises

Yantai Yatong Precision Machinery Co., Ltd. was founded in April 2002 and registered as Laizhou Yatong Metal Manufacturing Co., Ltd. After more than 20 years of development, the company has evolved from a simple manufacturing single enterprise to a group enterprise with numerous business sectors. The joint-stock company has formed a "3+8+16" production and operation pattern consisting of 3 key business sectors, 8 production bases, and 16 affiliated enterprises. The production bases are located in Laizhou, Shandong, Zhangqiu, Laiwu, Yantai, Fushan, Penglai, Changshu, Jiangsu, Zhengzhou, Henan, Wuhan, Hubei and other places. The business scope mainly includes three major business areas: manufacturing of passenger car parts, manufacturing of commercial vehicle parts, and manufacturing of mining auxiliary transportation equipment.

视频标题
2002

Since 2002

3

3 major business sectors

8

8 major production bases

16

16 affiliated enterprises

(I) Passenger Vehicle Business

Our main products include large automotive stamping parts, die-casting parts, rolling parts, and module components for robot welding systems. Our main products include engine compartment assemblies, door sill plate assemblies, side inner panel assemblies, transmission housings, body die-casting structural parts, non-metallic protective plates, floor assemblies, etc., involving the manufacturing processes of stamping, rolling, die-casting, welding, painting, riveting, and assembly in the production of sedans. Key customers: SAIC General Motors, SAIC Group, Ideal Motors, Great Wall Motors, etc., with the qualification of a first tier supplier to support these key customers. Leading enterprises in the sector: Laizhou Xinyatong Metal Manufacturing Co., Ltd., Yantai Yatong Automotive Parts Co., Ltd., Yantai Luxin Automotive Parts Co., Ltd., Yatong Automotive Parts (Changshu) Co., Ltd., Yatong Automotive Parts (Wuhan) Co., Ltd., Zhengzhou Yatong Automotive Parts Co., Ltd., Shandong Fuzerui Metal Technology Co., Ltd., Jiangsu Fuzerui Metal Technology Co., Ltd., Shanghai Fuzerui Material Technology Co., Ltd., etc. Technology Co., Ltd., etc. 

(II) Commercial Vehicle Business

Our main products include large automotive stamping parts, rolling parts, robot welding system module components, high-performance aluminum alloy materials, and large die-casting parts. Our company's commercial vehicle components mainly include top cover assemblies, front and rear wall assemblies, side wall assemblies, floor assemblies, aluminum alloy die-casting structural component assemblies, die-casting transmission housings, metal exterior component assemblies, etc., involving manufacturing processes such as stamping, rolling, die-casting, welding, painting, riveting, and assembly for heavy and light truck production. Key customers: China National Heavy Duty Truck, China FAW, Beiqi Foton, Geely Holdings, Weichai Power, etc., with the qualification of a first tier supplier to support these key customers. Leading enterprises in the sector: Laizhou Xinyatong Metal Manufacturing Co., Ltd., Yantai Luxin Automotive Parts Co., Ltd., Jinan Luxin Metal Products Co., Ltd., Jinan Yatong Metal Products Co., Ltd., Zhengzhou Yatong Automotive Parts Co., Ltd., Shandong Fozerui Metal Technology Co., Ltd., etc.

(III) Mining Dedicated Auxiliary Business

The business includes two categories: one is the production and sales of auxiliary transportation equipment for coal mines and non coal mines. Including: concrete mixing transport vehicle series, concrete spraying/pumping series, heavy-duty shovel plate transport vehicle series, electric vehicle series. This type of auxiliary transportation equipment mainly provides supportive transportation/support services for underground production, including hardening of underground roads and roadway walls, transportation and spraying of reinforced concrete, handling of hydraulic supports, transportation of other large underground equipment and personnel, etc; Secondly, based on the research and development and production of auxiliary transportation equipment, we will provide professional services for trackless rubber wheeled vehicles and rental services for support vehicles for large coal mines, including comprehensive professional services such as equipment, material and personnel transportation services, operation and maintenance, accessory supply, and technical services. Key customers: National Energy Group, Jinneng Holdings, Shaanxi Coal Industry, Yangmei Group, Shandong Energy Group, etc. Leading companies in the sector: Laizhou Yatong Heavy Equipment Co., Ltd. and Shandong Luxin Heavy Equipment Co., Ltd.

Since its establishment, the joint-stock company has always adhered to the path of developing enterprises through science and technology, and is committed to technological innovation.
The joint-stock company adheres to the guiding ideology of "following customers, setting up factories nearby, responding to customer requirements in a timely manner, enhancing customer satisfaction, and striving to exceed customer expectations", and clarifies the development vision of "building a world-class system integrator and modular supplier with international competitiveness for global procurement and supply according to the concept of system integration and modular supply". We have established a business philosophy of "market-oriented, quality based, finance centered, and efficiency oriented", formulated management principles of "centralized decision-making, unified planning, hierarchical management, and effective control", implemented effective management and control, and formed management methods with our own characteristics such as "management plus improvement", "learning plus innovation", "people-oriented", and "all staff participation".
The joint-stock company always adheres to the factory philosophy of "unity is strength, knowledge is wealth", conscientiously implements the quality policy of "quick response, team cooperation, continuous improvement, and customer service", in order to create a learning organization, organize the operation of the enterprise according to the concept of lean production, actively promote lean production methods based on its own characteristics, produce high-quality products, cultivate outstanding talents, and create the best benefits.
All employees of the joint-stock company, who are united and pragmatic, striving for progress, daring to be the first, and striving for excellence, will strive to forge ahead and create brilliance again!

Yantai Yatong

◆ MILESTONES

Yatong Precision Mechanical


April 2002

Laizhou Yatong Metal Manufacturing Co., Ltd. was incorporated in April 2002.

January 2003

The Company began to produce supporting auto stamping parts for Qingdao FAW Heavy Truck in January 2003.

July 2004

The Company began to supply supporting auto stamping part and welding assembly for SGM Dongyue in July 2004.

August 2004

Laizhou Xinyatong Metal Manufacturing Co., Ltd. was established in August 2004.

September 2004

Yantai Yatong Automotive Parts Co., Ltd. was established in September 2004.

January 2005

The Company began to supply supporting auto stamping parts for China National Heavy Duty Truck Group in January 2005.

March 2005

The Company began to supply supporting stamping parts for Zibo auto factory in March 2005.

June 2006

The Company passed the review of SAIC Motor in June 2006 and began to supply supporting stamping weldments for MG and became the first-tier supplier of SAIC Motor.

December 2006

The Company passed ISO/TS16949:2002 standard certification and obtained the quality management system certificate in December 2006.

December 2006

The Company passed the review and approval of SAIC-GM and upgraded from the second-tier supplier to the first-tier supplier of SAIC-GM in December 2006.

January 2007

The Company was rated as an excellent supporting product supplier of China National Heavy Duty Truck Group for the second time in January 2007.

April 2007

The Enterprise Technology R&D Center was established in April 2007.

July 2008

Laizhou Yatong Mould Manufacturing Co., Ltd. was established in July 2008, marking the start of stepping into the mould R&D and manufacturing industry.

September 2008

The Company passed GB/T24001-2004 standard certification and obtained the environment management system certificate in September 2008.

September 2008

Through the GB/T28000-2001 standard certification, access to occupational health and safety management system certification.

October 2009

Become a global sourcing supplier for North America.

November 2009

Become a designated procurement supplier for the production of heavy trucks in the north.

September 2010

Laizhou Yatong Metal Products Group Co., Ltd. was established.

December 2010

Laizhou Yatong Heavy Equipment Co., Ltd. was established in December 2010. It mainly engages in R&D, production and services of mining dedicated auxiliary transportation equipment.

March 2011

The Company signed a strategic cooperation framework agreement with Beiben Trucks Group Co., Ltd. and became the strategic partner of Beiben Trucks in March 2011.

May 2011

Yantai Luxin Automotive Parts Co., Ltd. was established in July 2013.

July 2011

Jinan Luxin Metal Products Co., Ltd. was established in July 2011.

August 2011

The Company became the supplier of Foton in August 2011.

October 2011

The Company became the commercial vehicle supplier of SAIC in October 2011.

November 2011

The Company became the supplier of Changan Auto in November 2011.

June 2013

Yatong Automobile Parts (Changshu) Co., Ltd. was established in June 2013.

October 2013

The Company became the supplier of Weichai Power in October 2013.

May 2014

The Company passed GP10 review of SAIC-GM laboratory in May 2014.

January 2015

The Company became the passenger vehicle supplier of SAIC in January 2015.

October 2015

Yatong Automotive Parts (Wuhan) Co., Ltd. was established in October 2015.

October 2016

The Company became the supplier of BAIC BJEV in October 2016.

March 2017

The Company became the supplier of Weichai Heavy Machinery in March 2017.

March 2017

Shandong Foundry Metal Technology Co., Ltd. was established in March 2017.

May 2017

Zhengzhou Yatong Automotive Parts Co., Ltd. was established in May 2017.

December 2019

The Company finished shareholding system reform and was renamed Yantai Yatong Precision Mechanical Corporation in December 2019.

June 2020

Yantai Luxin Heavy Industry Technology Co., Ltd. was established in June 2020.

July 2020

Jinan Yatong Metal Products Co., Ltd. was established in July 2020.

April 2022

The Company passed review of the IPO Stock Issuance Examination Committee in April 2022.

February 2023

The Company was successfully listed on the mainboard of Shanghai Stock Exchange in February 2023.

September 2023

Jiangsu Foundry Metal Technology Co., Ltd. was established.

October 2023

Shanghai Foundry Material Technology Co., Ltd. was established.

January 2024

acquired Beijing Express Trading Co., Ltd.