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Chongqing Qin'an M&E Plc. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Chongqing Qin'an M&E Plc. Profile Updated: November 10, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Chongqing Qin'an M&E Plc., located in Chongqing, is a professional manufacturer specializing in the production of core components for automotive engine power systems and transmission systems. The company was established in 1995 and is an integrated automotive parts manufacturing enterprise that combines casting and machining. Its main products include automotive engine cylinder heads, cylinder blocks (cast iron/aluminum), crankshafts, transmission casings/shells, motor casings, and complex structural components. With a strong professional team, the company has formed an integrated production base with an annual output of millions of components in the field of automotive engine power systems and transmission systems. Its main customers include Changan Ford, Changan Automobile, China FAW, Jiangling Motors, Geely Automobile, Beiqi Foton, Dongan Mitsubishi, SAIC-GM-Wuling, Xinchendongli, GAC Group, and Ideal. In 2017, the company successfully listed on the A-share capital market and initiated a "reconstruction and upgrade" plan. In addition to the existing business sectors, it established a wholly-owned subsidiary, Chongqing Meifeng Qin'an Automotive Drive System Co., Ltd., to enter the new energy sector. The company also established a branch in the United States, the Automotive New Technology North America Research Institute, to implement new energy projects. The subsidiary is mainly engaged in the integrated design, development, production, and sales of hybrid power transmission systems. It aims to become a leading supplier of integrated solutions for future automotive power and transmission systems and has established deep strategic cooperation relationships with well-known enterprises such as NE in the United States and Riken Industrial Co., Ltd. in Japan, providing strong technical support for the development of core components for hybrid power transmission systems. With nearly twenty years of development, the company has accumulated rich industry experience and has strong development and manufacturing capabilities. It has become a trusted partner for automotive manufacturers in the industry, offering excellent products, stable quality performance, high-quality service, and competitive costs. The company works with its customers to achieve mutual development and win-win situations in the fierce market competition.

Headquarters
No. 58, Sendi Avenue, Xipeng Town, Jiulongpo District, Chongqing
Chongqing; Chongqing; Postal Code: 401326

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Website: http://www.qamemc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 05, 1995
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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64.76%
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3.73%
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1.71%
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0.76%
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0.71%
Subsidiaries
Chongqing Meifeng Qin''an Automobile Drive System Co., Ltd.
Chongqing Qin''an Casting Co., Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-1.68%
Total operating revenue
-3.38%
Operating profit (EBIT)
-37.25%
Net Profit (Loss) for the Period
-37.79%
Total assets
-8.58%
Total equity
-2.61%
Operating Profit Margin (ROS)
-7.34%
Net Profit Margin
-6.22%
Return on Equity (ROE)
-2.94%
Quick Ratio
1.02%
Cash Ratio
0.79%

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