Recently, Tianjin TEDA Entrepreneurial Center was beaming and Tianjin Hyundai Hangsheng Electronics Co., Ltd. grandly opened.
This company is a Sino-Korean joint venture company. The Chinese shareholder is Shenzhen Hangsheng Electronics Co., Ltd., one of the leading companies in China's automotive electronics companies. The Korean shareholder is an important supplier of Hyundai Motor Co., South Korea's automotive audio-visual products and automotive electronics products market. On the leading company - Korea Hyundai AUTONET Co., Ltd.
According to Yang Hong, general manager of Shenzhen Hangsheng Electronics Co., Ltd. and vice chairman and general manager of Tianjin Hyundai Hangsheng Electronics Co., Ltd., the strategic cooperation between the two parties is to combine Hangsheng's market and manufacturing advantages with the advanced modern AUTONET. The perfect combination of technology, the establishment of Tianjin Hyundai Hangsheng Electronics Co., Ltd. will be based on the northern Chinese auto manufacturers for market expansion target, subdividing user needs, with cost-effective car audio (including single-disc CD, multi-disc CD, VCD, DVD) , AV, navigation and other automotive electronic products, to create value-added services for users.
It is understood that Tianjin Hyundai Hangsheng Electronics Co., Ltd. was incorporated on November 18, 2003. Its market target in 2004 was 400 million yuan. In 2008, sales will reach 3 billion yuan.