China Automotive Systems Wins Supplier Awards From Leading OEMs
China Automotive Systems (NASDAQ: CAAS) announced that its subsidiary, Shashi Jiulong Power Steering Gears, has received prestigious awards from two major Chinese vehicle manufacturers. At Foton Motors Global Partner Conference, Shashi Jiulong earned dual honors: the Excellent Supplier Series Award and another from the Auman Business Unit, recognizing their excellence in product development, supply guarantees, and quality reliability.
Additionally, Shashi Jiulong received the Strategic Synergy Award, the highest honor at Shaanxi Automobile Heavy Truck's 2025 Supply Chain Partner Conference. Foton Motor, a subsidiary of BAIC Group, has achieved global sales of over 11 million vehicles, while Shaanxi, a majority-holding subsidiary of Weichai Power, operates factories in 15 countries. Both companies are among China's Top 10 commercial vehicle producers.
China Automotive Systems (NASDAQ: CAAS) ha annunciato che la sua controllata, Shashi Jiulong Power Steering Gears, ha ricevuto premi prestigiosi da due importanti produttori di veicoli cinesi. Durante la Conferenza dei Partner Globale di Foton Motors, Shashi Jiulong ha ottenuto due riconoscimenti: il Premio Eccellente per i Fornitori e un altro dall'Unità Business Auman, che riconosce la loro eccellenza nello sviluppo del prodotto, nelle garanzie di forniture e nella qualità affidabile.
Inoltre, Shashi Jiulong ha ricevuto il Premio Sinergia Strategica, il massimo riconoscimento alla Conferenza Partner della Catena di Fornitura 2025 di Shaanxi Automobile Heavy Truck. Foton Motor, una controllata del BAIC Group, ha raggiunto vendite globali di oltre 11 milioni di veicoli, mentre Shaanxi, una controllata di maggioranza di Weichai Power, gestisce stabilimenti in 15 paesi. Entrambe le aziende sono tra i primi 10 produttori di veicoli commerciali in Cina.
China Automotive Systems (NASDAQ: CAAS) anunció que su filial, Shashi Jiulong Power Steering Gears, ha recibido premios prestigiosos de dos importantes fabricantes de vehículos chinos. En la Conferencia de Socios Globales de Foton Motors, Shashi Jiulong obtuvo dos distinciones: el Premio Excelente Proveedor y otro de la Unidad de Negocios Auman, reconociendo su excelencia en el desarrollo de productos, en las garantías de suministro y en la fiabilidad de calidad.
Además, Shashi Jiulong recibió el Premio Sinergia Estratégica, el mayor honor en la Conferencia de Socios de la Cadena de Suministro 2025 de Shaanxi Automobile Heavy Truck. Foton Motor, una filial del Grupo BAIC, ha alcanzado ventas globales de más de 11 millones de vehículos, mientras que Shaanxi, una filial de mayoría de Weichai Power, opera fábricas en 15 países. Ambas empresas se encuentran entre los 10 principales productores de vehículos comerciales en China.
중국 자동차 시스템(나스닥: CAAS)은 자회사인 샤시 주롱 파워 스티어링 기어가 두 주요 중국 자동차 제조업체로부터 권위 있는 상을 받았다고 발표했습니다. 포톤 모터스 글로벌 파트너 컨퍼런스에서 샤시 주롱은 우수 공급업체 시리즈 상과 아우만 비즈니스 유닛으로부터 또 다른 상을 수상하며 제품 개발, 공급 보장 및 품질 신뢰성에서의 우수성을 인정받았습니다.
추가적으로, 샤시 주롱은 산시 자동차 중형 트럭의 2025년 공급망 파트너 컨퍼런스에서 최고의 영예인 전략적 시너지 상을 수상했습니다. BAIC 그룹의 자회사인 포톤 모터는 전 세계에서 1100만 대 이상의 차량을 판매하였고, 웨이차이 파워의 대다수 자회사인 산시는 15개국에서 공장을 운영하고 있습니다. 두 회사 모두 중국의 상위 10개 상업용 차량 제조업체 중 하나입니다.
China Automotive Systems (NASDAQ: CAAS) a annoncé que sa filiale, Shashi Jiulong Power Steering Gears, a reçu des prix prestigieux de deux grands fabricants de véhicules chinois. Lors de la Conférence des Partenaires Mondiaux de Foton Motors, Shashi Jiulong a remporté deux distinctions : le Prix Excellent Fournisseur et un autre de l'Unité Commerciale Auman, reconnaissant leur excellence dans le développement de produits, les garanties d'approvisionnement et la fiabilité de la qualité.
De plus, Shashi Jiulong a reçu le Prix Synergie Stratégique, la plus haute distinction lors de la Conférence des Partenaires de la Chaîne d'Approvisionnement 2025 de Shaanxi Automobile Heavy Truck. Foton Motor, une filiale du groupe BAIC, a atteint des ventes mondiales de plus de 11 millions de véhicules, tandis que Shaanxi, une filiale majoritaire de Weichai Power, exploite des usines dans 15 pays. Les deux entreprises figurent parmi les 10 principaux producteurs de véhicules commerciaux en Chine.
China Automotive Systems (NASDAQ: CAAS) gab bekannt, dass ihre Tochtergesellschaft, Shashi Jiulong Power Steering Gears, prestigeträchtige Auszeichnungen von zwei großen chinesischen Fahrzeugherstellern erhalten hat. Auf der Foton Motors Global Partner Conference erhielt Shashi Jiulong zwei Auszeichnungen: den Exzellenz Lieferanten Preis und eine weitere von der Auman Business Unit, die ihre Exzellenz in der Produktentwicklung, der Liefergarantien und der Qualitätszuverlässigkeit anerkennt.
Darüber hinaus erhielt Shashi Jiulong den Strategic Synergy Award, die höchste Auszeichnung auf der Supply Chain Partner Conference 2025 von Shaanxi Automobile Heavy Truck. Foton Motor, eine Tochtergesellschaft der BAIC Group, hat weltweit über 11 Millionen Fahrzeuge verkauft, während Shaanxi, eine Mehrheitsbeteiligung von Weichai Power, in 15 Ländern Fabriken betreibt. Beide Unternehmen gehören zu den Top 10 der chinesischen Hersteller von Nutzfahrzeugen.
- None.
- None.
At a Foton Motors Global Partner Conference, Shashi Jiulong received dual honors: the Excellent Supplier Series Award and the Excellent Supplier Series Award from the Auman Business Unit. These accolades were given in recognition of Shashi Jiulong's exemplary cooperation in product development, supply guarantees, and quality reliability.
Foton Motor expressed high appreciation for Shashi Jiulong's significant contributions. These awards serve not only as recognition but also as a motivating factor for both organizations to continue striving for excellence in automotive innovation, quality products, and overall industry improvement.
Foton Motor offers a full range of fuel and new energy vehicles, including trucks, vans, buses and construction machinery. It is a Chinese company and it is a subsidiary of the BAIC Group. Foton Motor has achieved a global sales volume of over 11 million vehicles.
In addition, at the Shaanxi Automobile Heavy Truck's 2025 Supply Chain Partner Conference, Shashi Jiulong won the "Strategic Synergy Award", the highest
Mr. Qizhou Wu, the Chief Executive Officer of CAAS, commented, "These awards from these important global
OEMs showcase our commercial vehicle steering systems' reputation for high quality and reliability. Both Foton Motor and
About China Automotive Systems, Inc.
Based in Hubei Province,
Forward-Looking Statements
This press release contains statements that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company's actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2024, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.
For further information, please contact:
Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
jieli@chl.com.cn
Kevin Theiss
Awaken Advisors
+1-212-521-4050
Kevin@awakenlab.com
View original content:https://www.prnewswire.com/news-releases/china-automotive-systems-wins-supplier-awards-from-leading-oems-302344101.html
SOURCE China Automotive Systems, Inc.
FAQ
What awards did CAAS receive from Foton Motor in 2025?
What recognition did CAAS receive from Shaanxi Automobile Heavy Truck in 2025?
How many vehicles has Foton Motor sold globally?
What is the significance of CAAS winning awards from Foton Motor and Shaanxi?
What products does CAAS supply to these OEM manufacturers?
