China Automotive and KYB-UMW Forge MOU to Enhance Manufacturing Collaboration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 03 2025
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Strategic Partnership: China Automotive's subsidiary, Hubei Henglong Automotive Systems, has signed a memorandum of understanding with KYB-UMW in Malaysia to collaborate on producing key automotive components locally.
Local Manufacturing Focus: The partnership aims to enhance localized manufacturing and regionalized services, with a focus on electric power steering systems and mechanical steering gears.
Technological Advancement: Hubei Henglong will introduce advanced Chinese steering technology to Malaysia, enhancing KYB-UMW's competitiveness in the automotive systems market.
Future Manufacturing Plant: A new advanced manufacturing plant for steering system products is under construction and expected to be operational by 2026, marking a shift in Sino-Malaysian manufacturing cooperation towards value chain co-creation.
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Analyst Views on CAAS
About CAAS
China Automotive Systems Inc is a holding company principally engaged in the manufacture and sale of automotive systems and components. The Company’s main products include rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps and steering hoses. The Company's major customers include FAW Group, Dongfeng Auto Group Co., Ltd, BYD Auto Co., Ltd, as well as Stellar Group and Ford Motor Company in North America. The Company primarily operates its businesses in the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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China Automotive Systems Unveils 2026-2030 Strategic Plan Aiming for Over ¥20 Billion in Sales
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