China Automotive and KYB-UMW Forge MOU to Enhance Manufacturing Collaboration
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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China Automotive Systems Unveils 2026-2030 Strategic Plan Aiming for Over ¥20 Billion in Sales
- Clear Strategic Goals: China Automotive Systems' 2026-2030 Strategic Plan sets an ambitious target of exceeding ¥20 billion in total sales by 2030, showcasing the company's determination to succeed in global markets.
- Accelerated Global Expansion: The plan emphasizes the need to maintain a leading position in the domestic market while accelerating the construction of a 'China + N' global manufacturing and supply chain network, enhancing local presence in key markets such as North America, South America, Europe, and Southeast Asia.
- Strengthened Technological Leadership: The company will increase R&D investment focusing on cutting-edge technologies like steer-by-wire and rear-wheel steering, aiming for key breakthroughs and standard-setting in the intelligent chassis sector.
- Exceptional Systems Development: By establishing a 'zero-defect' quality culture and lean automated manufacturing systems, China Automotive Systems will create a robust operational foundation that enhances competitiveness and resilience, supporting its strategic sales goals for 2030.

China Automotive Systems Unveils 2026-2030 Strategic Plan Aiming for Over ¥20 Billion in Sales
- Clear Strategic Goals: China Automotive Systems' 2026-2030 Strategic Plan, implemented on January 1, 2026, aims to exceed ¥20 billion in total sales by 2030, showcasing the company's ambition and determination in the global market.
- Accelerated Global Expansion: The plan emphasizes the acceleration of a






