On June 27, Automotive News released the list of the top 100 global auto parts suppliers in 2022. As far as Chinese companies are concerned, there are 10 companies on the list this year, namely Yanfeng, Hainachuan, CITIC Dicastal, Johnson Electric, Wuling Industry, Noble Automobile, Minth Group, Anh

On June 27, Automotive News released the list of the top 100 global auto parts suppliers in 2022. Ningbo Top Group was listed for the first time, ranking 90th.Other Chinese companies on the list include Yanfeng, Beijing Hainachuan, CITIC Dicastal, Johnson Electric, Wuling Industry, Noble Automobile, Minth Group, Anhui Zhongding Sealing Co., Ltd., and Desay SV, respectively. 16th, 40th, 50th, 69th, 77th, 81st, 82nd, 85th, 93rd.

The Top 100 Global Auto Parts Suppliers list is mainly based on the operating income (sales) provided by the suppliers in the automotive industry supporting market in the previous year. A strong certification.Since 2016, it has successfully entered the Tesla supply chain. In the past two years, Top Group has successively entered the supply chain of new domestic car manufacturers such as Weilai, Xiaopeng and Ideal, and actively cooperated with technology companies such as Huawei and Xiaomi. All provided a strong impetus for the Top Group to reach its peak.

Image source: Top Group

At present, Top Group has a total of 8 series of products, namely automotive NVH shock absorption system, interior and exterior trim systems, bodylightweight, intelligent cockpit components, thermal management systems, chassis systems, air suspension systems, and intelligent driving systems. As the traditional business segment of Top Group, shock absorbers and interior functional parts are also the main source of revenue. In 2021, the revenue will be 3.347 billion yuan and 3.578 billion yuan respectively, a year-on-year increase of 30.73% and 60.89% respectively.In addition, the performance of the chassis system is also very good. Last year, it achieved a total revenue of 2.624 billion yuan, a year-on-year increase of 97.21%.

On this basis, Top Group is actively developingsmart cockpit,chassis electronics,air suspension and thermal management businesses for smartnew energy vehicles, exploring innovative models based on traditional businesses, and continuing to expand product lines.Earlier, Top Group pointed out that as the company's automotive electronics business continues to mature and improve, it will focus on promoting related businesses this year, and strive to achieve a substantial increase in automotive electronics business in 2022.

In addition, Top Group is also laying out innovative skateboard chassis tracks.Earlier this year, Top Group announced that it plans to establish a new wholly-owned subsidiary Top Skateboard Chassis (Ningbo) Co., Ltd. (tentative name) in Hangzhou Bay New District, Ningbo City, with a registered capital of 2 billion yuan.Subsequently, Top Group officially set up a factory in Hangzhou Bay New Area. It is reported that the current progress is smooth, and in the future, it can provide skateboard chassis products to meet the market demand for surrounding and overseas customers.

At the same time, Top Group is also promoting the strategy of major customers, using the company's product line advantages, R&D advantages and QSTP comprehensive advantages to build a new Tier 0.5 business model, aiming to improve the value of bicycle support. Recognition of new power car companies.