Chongqing Landai Powertrain
Specializing in R&D, production, and sales of power transmission systems, transmission parts, die-cast products, and integrated touch displays.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | CNY1.3b | Post IPO Equity | |
| Total Funding | 000k | ||
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 112 % | 30 % | (8 %) | (2 %) | 26 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 4 % | 9 % | 16 % | 16 % | 11 % | 14 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (13 %) | - | 7 % | 6 % | (13 %) | 4 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 6 % | 5 % | 4 % | 5 % | 5 % | 4 % |
Source: Company filings or news article
Related Content
Chongqing Landai Powertrain Corp., Ltd., now operating as Landai Technology Group, is a high-tech enterprise that has been publicly traded on the Shenzhen Stock Exchange since June 2015 (stock code: 002765). Founded in May 1996 as Chongqing Landai Industrial Co., Ltd., the company has established a significant presence in the automotive components industry. The company is chaired by Zhu Junhan, who also serves as General Manager. The founder, Zhu Tangfu, holds the title of Honorary Chairman and has a background that includes managing a plastics factory before venturing into the automotive sector.
Landai Technology operates a dual-business model, focusing on both power transmission systems and, since a 2019 acquisition, touch screen and display modules. The power transmission division is the company's traditional core, concentrating on the research, development, and manufacturing of powertrain assemblies, transmission components, and die-cast products. Its product portfolio is extensive, including manual and automatic transmission assemblies, gears, shafts, synchronizers, engine balance shaft assemblies, and various housings. The company serves as a direct supplier to major automotive original equipment manufacturers (OEMs). Key clients in its domestic market include prominent names like Geely Auto, Chery Auto, SAIC Group, and Great Wall Motors, with products also exported to international markets. Revenue is generated through the sale of these components and assemblies directly to automakers and other industrial clients.
A key strategic shift for the company has been its expansion into components for New Energy Vehicles (NEVs), developing products like reducer assemblies and other parts for electric drive systems. This pivot aligns with the growing electric vehicle market. In 2019, Landai Technology diversified its operations by acquiring Shenzhen Taiguan Technology, a manufacturer of touch screens and touch-integrated display modules for applications in automotive electronics, laptops, and industrial terminals. This strategic acquisition has enabled the company to serve clients in the electronics sector, including well-known brands like Amazon, Lenovo, and Microsoft. Landai Technology emphasizes vertical integration, producing many of the core components for its transmission assemblies, such as gears, shafts, and housings, in-house to ensure quality control.
Keywords: automotive powertrain, transmission systems, automotive components, gears and shafts, die-casting, New Energy Vehicle components, EV drive systems, manual transmission, automatic transmission, touch screen modules, touch display integration, automotive electronics, Geely supplier, Great Wall supplier, SAIC supplier, public company, Shenzhen Stock Exchange, automotive manufacturing, transmission housing, engine balance shaft, synchronizer, reducer assembly
