Bethel Automotive Safety Systems Co.,Ltd (China)

Bethel Automotive Safety Systems Co., Ltd is a Chinese automotive parts company located in Wuhu. It was founded in June 2004 and is listed on the A-share main board (stock code 603596). The company specializes in the research, development, manufacturing, and sales of automotive chassis systems and intelligent driving systems. Its main products include wire-controlled braking systems (WCBS), advanced driver assistance systems (ADAS), electronic parking brake systems (EPB), vehicle stability control systems (ESC), power liftgate systems (PLG), electric power steering systems (EPS), as well as various types of brakes, lightweight cast aluminum steering knuckles, control arms, steering columns, and mechanical steering systems. In May 2022, the company acquired Zhejiang Wanda Automotive Steering Co., Ltd., further enriching and improving its product portfolio in the field of automotive safety systems. Bethel Automotive Safety Systems has 14 manufacturing bases worldwide, with a total of approximately 5,300 employees, including over 1,000 R&D technicians. The company has seven R&D centers located in Wuhu, Shanghai, Detroit (USA), Suzhou, Hefei, Hangzhou, and Xi'an. It focuses on independent research and development and innovation, and has achieved breakthroughs in foreign monopoly technologies. It was the second company in the world to achieve mass production of EPB and the first Chinese brand to achieve mass production of ESC. It also released and mass-produced the first ONE-BOX solution for wire-controlled braking systems. The company has applied for a total of 744 patents, including 337 invention patents, covering multiple countries such as the United States, Europe, Japan, South Korea, and the European Union. It has received honors such as "Top 100 Chinese Automotive Parts Companies in Competitiveness," "Top Ten National Brands in the Chinese Auto Parts Industry," "Innovation Team Award of the China Society of Automotive Engineers Science and Technology Award," "Key High-tech Enterprise of the National Torch Program," "Anhui Provincial Patent Gold Award," "Anhui Provincial Science and Technology Award," and "Anhui Provincial Technology Innovation Demonstration Enterprise." The company's international and joint venture customers include General Motors, SAIC-GM, Changan Ford, Volvo, JMC Ford, JMC Renault, Dongfeng Nissan, Stellantis, Mahindra, Ford, Arrival, and others. Domestic customers include Geely, Chery, Changan, SAIC, BAIC, BAIC New Energy, BAIC Off-Road, Dongfeng, Dongfeng Liuzhou, Dongfeng Xiaokang, GAC, JAC, BYD, Great Wall, FAW Hongqi, Xiaopeng, WM Motor, NIO, Ideal, Seres, Hechuang, GAC Aion, Dongfeng Lantu, and Hezhong. The company's products are exported to more than 50 countries and regions worldwide. In the future, Bethel Automotive Safety Systems will continue to uphold its mission of "continuous innovation, achieving customer success" and strengthen cooperation with customers in research and development, quality, and service. It aims to create the ultimate service experience and achieve outstanding customer value.