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Suzhou Cheersson Precision Industry Group Co 002976.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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16.60

+1.78%

Close of 9 Nov 2026, in CNY

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About Suzhou Cheersson Precision Industry Group Co

Its shares trade on Shenzhen under the ticker 002976.SZ. It has been listed since 6 March 2020. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.11bn and net income of CN¥7.9m. At that date it held total assets of CN¥3.08bn and shareholders' equity of CN¥1.45bn.

Suzhou Cheersson Precision Metal Forming Co., Ltd. manufactures and distributes stamping parts for automotive industry. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2020-03-06. The firm's main business is the research, development, manufacturing and sales of precision metal parts and corresponding molds in the mobile communications, automotive, power and electrical industries. Its main products include resonators, low-pass, cover plates and other mobile communication parts made through precision stamping, cold heading, machining and other processes; automotive components such as airbag holders, multimedia brackets, solenoid valves, oil seal frames, bolts, rivets, etc. ; switch components, crimp nuts, crimp screws, nut posts, and other electrical and electrical components, as well as corresponding mold products. The firm distributes its products within domestic market and to overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Machinery
Listed since
6 Mar 2020
Employees
1,841

Leadership

Pay as last reported

  • Mr. Xiaomin ChenChairman of the Board, General Manager, since 2017CN¥654,300
  • Mr. Cainian TanChief Financial Officer, Deputy General Manager, Secretary of the Board, Director, since 2023
  • Ms. Yayuan XieDeputy General ManagerCN¥922,500
  • Ms. Rongrong WengDirectorCN¥533,400
  • Mr. Juming GongIndependent Director
  • Ms. Mingdi WangIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Suzhou Cheersson Precision Metal Forming Co. employs 1,841 skilled workers for automotive parts manufacturing.
  • Suzhou Cheersson offers precision stamping and cold heading processes for mobile communication components.
  • Suzhou Cheersson distributes automotive and mobile communication parts across domestic and overseas markets.

Weaknesses

  • Suzhou Cheersson's IPO date was March 6, 2020, which may limit recent market expansion.
  • Suzhou Cheersson's business focuses on automotive and mobile communication sectors only.
  • Suzhou Cheersson's headquarters in Suzhou, Jiangsu, may restrict global supply chain access.

Opportunities

  • Suzhou Cheersson can expand into power and electrical industries for new product lines.
  • Suzhou Cheersson can leverage its precision metal parts expertise for international markets.
  • Suzhou Cheersson can develop new molds for automotive components to increase market share.

Threats

  • Suzhou Cheersson faces competition from other Chinese automotive parts manufacturers.
  • Suzhou Cheersson must adapt to changing automotive industry regulations in China.
  • Suzhou Cheersson's reliance on domestic market distribution may limit overseas growth.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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