Hasco Vision Technology (Yantai) Co., Ltd.
1 Company Profile
（1）Company name: Hasco Vision Technology (Yantai) Co., Ltd.
（2）Enterprise type: Limited liability company (Non-natural person investment or holdings corporate-owned)
（3）Date of establishment: September 3, 2007
（4）Registered capital: RMB 64 million
（5）Registered address: No. 99, Fuxin Road, Fushan District, Yantai City
（6）Investor: Hasco Automotive Systems (Shanghai) Co., Ltd.
（7）The company's business scope: design, manufacturing, and sales of auto parts; machine parts processing and sales; design, production, and sales of molds and accessories; research and development, production, and sales of intelligent machines; visual technology, intelligent technology, lighting and signaling systems, technology development, technical consulting, technical services, and technology transfer in the fields of electronic technology and intelligent equipment; production and sales of automotive electronic equipment systems and automotive lighting electronic components. (Projects that require approval according to law can only carry out business activities after approval from relevant departments).
2 History
Yantai Tongyue Auto Parts Co., Ltd. was established in September 2007 by Shanghai Changhui Industrial Development Co., Ltd. (belonging to the labor union of Shanghai Koito Automobile Lighting Co., Ltd.) and Shanghai Gonghui Industrial Investment Co., Ltd. (belonging to the labor union of SAIC Motor Corporation), and was later renamed Shanghai Shibo Industrial Investment Co., Ltd.), the labor union of Shanghai General Motors Co., Ltd., and the labor union of Shanghai Automotive Group (Beijing) Co., Ltd. are jointly invested as the authorized production base of Shanghai Koito Automotive Lighting Co., Ltd. It was incorporated on September 3, 2007, with an initial registered capital of RMB 24 million. Shanghai Changhui Industrial Development Co., Ltd., Shanghai Gonghui Industrial Investment Co., Ltd., the labor union of Shanghai General Motors Co., Ltd., and the labor union of Shanghai Automotive Group (Beijing) Co., Ltd. each invested RMB 6 million, each accounting for 25% of the equity.
In January 2009, the registered capital was increased to RMB 36 million. The labor unions of Shanghai Changhui Industrial Development Co., Ltd., Shanghai Shibo Industrial Investment Co., Ltd. and Shanghai General Motors Co., Ltd. each increased their capital by 4 million yuan. In August 2009, the capital was increased by 28 million yuan, of which the Shanghai Automotive Industry (Group) Corporation Labor Union (later renamed the Shanghai Automotive Group Co., Ltd. Labor Union) invested 7 million yuan to become a new shareholder, Shanghai Changhui Industrial Development Co., Ltd., Shanghai Shibo Industrial Investment Co., Ltd. and Shanghai General Motors Co., Ltd. each increased their capital by 7 million yuan.
In October 2012, some shareholders' equity was transferred, and the company's shareholders were changed to Shanghai Changhui Industrial Development Co., Ltd., Shanghai Shibo Industrial Investment Co., Ltd., Shanghai Xintonglian Enterprise Development Co., Ltd., and Shanghai Juzhen Industrial Development Co., Ltd. (belonging to Shanghai Anji Logistics Ltd., later renamed Shanghai Anji Industrial Development Co., Ltd.). After the equity transfer, Shanghai Changhui Industrial Development Co., Ltd. holds 23 million yuan of shares, Shanghai Shibo Industrial Investment Co., Ltd. holds 17 million yuan of shares, Shanghai Xintonglian Enterprise Development Co., Ltd. holds 17 million yuan of shares, and Shanghai Anji Industrial Co., Ltd. 7 million yuan.
In September 2017, Hasco Automotive Systems (Shanghai) Co., Ltd. acquired Tongyue's original shareholders Shanghai Changhui Industrial Development Co., Ltd., Shanghai Shibo Industrial Investment Co., Ltd., Shanghai Xintonglian Enterprise Development Co., Ltd., and Shanghai Anji Industrial Development Co., Ltd. 100% equity of Tongyue.
In December 2019, Hasco Vision Technology (Shanghai) Co., Ltd. acquired 100% equity of the Yantai base.
On April 2, 2020, Yantai Tongyue Auto Parts Co., Ltd. changed its name to Hasco Vision Technology (Yantai) Co., Ltd. The company's main products are automotive lighting products, and its main customers are SAIC-GM (including Yantai, Shenyang, and Jinqiao factories) .