Articles Tagged with "Supplier"

Desay SV scores 60.75% YoY surge in 2021 net profit
Desay SV scores 60.75% YoY surge in 2021 net profit

China’s major automotive electronics player Desay SV celebrated substantial growth in annual revenue and net profit in 2021, thanks to its intelligent cockpit and intelligent driving development, the company reported on April 14th.

Apr. 15 , 2022
HELLA partners with China's radar developer Chuhang Technology
HELLA partners with China's radar developer Chuhang Technology

China’s autonomous driving company Chuhang Technology announced the completion of its Series B financing round, along with a newly formed partnership with one of its investors, HELLA.

Apr. 13 , 2022
China's auto part supplier WBTL's 2021 revenue hits new high at RMB3.492 billion
China's auto part supplier WBTL's 2021 revenue hits new high at RMB3.492 billion

China’s major auto part supplier Bethel Automotive Safety Systems Co., Ltd. (WBTL) reported annual revenue of RMB3.492 billion ($) in 2021, up 14.81% from a year ago.

Apr. 12 , 2022
China encourages foreign auto companies further investment in local market
China encourages foreign auto companies further investment in local market

China is encouraging foreign enterprises to expand their investments in the world’s largest auto market, according to Vice Commerce Minister Wang Shouwen.

Apr. 2 , 2022
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021

China’s navigation player NavInfo delivered a turnaround from loss to profit in 2021, with a 139.26% year-over-year soar in net profit, according to its 2021 annual performance report released on March 30th.

Mar. 31 , 2022
Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022
Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022

China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the first quarter of 2022, according to the company’s performance preannouncement released on March 29th.

Mar. 30 , 2022