Gasgoo Munich- Citing the "Shanghai Jiading" WeChat account, the Anting Town government and GHSP (Shanghai) Automotive Co.,Ltd. officially signed an agreement on Feb. 2 to expand the company's Jiading base. The project is expected to generate an output value of approximately 470 million CNY by 2026.
Image source: WeChat account "Shanghai Jiading"
This signing marks a significant achievement for Jiading as it deepens its automotive industry transition and upgrades the industrial chain. For U.S.-based GHSP, it is a pivotal move to deepen its roots in the Chinese market and optimize its global footprint.
GHSP specializes in injection molding, assembly, R&D, testing, and automated assembly units—including electronic shifter production in a Class 100,000 clean room. Its core products include automotive shift systems and smart pumps. As a Tier 1 supplier, the company has long supplied major automakers such as BYD, Geely, Honda, Toyota, GM, and Ford.
Driven by shifting supply and demand dynamics, raw material price volatility, and rising client demands for cost control, GHSP is adjusting its strategy. The company plans to centralize production at its Anting base to enhance operational efficiency and capacity. Following the expansion, GHSP projects an output value of roughly 470 million CNY in 2026, climbing to 600 million CNY by 2028.
GHSP established operations in Anting over two decades ago with a registered capital of $31 million. Its core offerings, including shift systems and smart pumps, have gained broad market recognition for their quality, making the company a key supplier to leading domestic and international automakers.
The expansion will address structural cost challenges while optimizing production lines and concentrating capacity at the Jiading base. This move is set to bolster GHSP's core competitiveness in the auto parts sector and inject new momentum into the high-quality development of Jiading's automotive industry.
