Zhejiang Songyuan Automotive Safety Systems Co 300893.SZ · CNY
Consumer Discretionary · Shenzhen · 🇨🇳 China
15.80
+6.04%
Close of 9 Nov 2026, in CNY
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About Zhejiang Songyuan Automotive Safety Systems Co
Its shares trade on Shenzhen under the ticker 300893.SZ. It has been listed since 24 September 2020. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.68bn and net income of CN¥366.4m. At that date it held total assets of CN¥4.09bn and shareholders' equity of CN¥2.04bn.
Zhejiang Songyuan Automotive Safety Systems Co., Ltd. engages in the research, development, design, production, and sale of automotive passive safety system products and special seat safety devices. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2020-09-24. The firm's products include bilateral pre-tensioned force-limiting seat belts, unilateral pre-tensioned force-limiting seat belts, emergency locking force-limiting seat belts, ordinary emergency locking seat belts, simple seat belts, car wheelchairs, child seats and agricultural machinery seats. Its products are used in compact cars, mid-sized cars, sport utility vehicles (SUV), multi-purpose vehicles (MPV), buses, trucks, etc. The firm conducts its businesses within the domestic market and to overseas markets such as North America and Europe.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 24 Sept 2020
- Employees
- 1,260
- Website
- songyuansafety.com ↗
Leadership
Pay as last reported
- Kai Na HuGeneral Manager & Director, since 2013
- Zhi Hui Xu, CPAChief Financial Officer, since 2018
- Hong ZhaoChairman-Supervisory Board & CTO, since 2008
- Zhan Dong JingMember-Supervisory Board & Manager-Domestic Market, since 2015
- Ke Lei LiDirector & Deputy General Manager, since 2014
- Bing Jun ShiMember-Supervisory Board, since 2006
- Yu Sheng DengDirector & Deputy General Manager, since 2004
- Bin Quan ChenBoard Secretary & Deputy General Manager, since 2016
- Chan Ming HuChairman, since 2016
- Kai Na HuGeneral Manager & Director, since 2016
- Hong ZhaoChairman-Supervisory Board & CTO, since 2016
- Da An HeIndependent Director, since 2017
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Zhejiang Songyuan Automotive Safety Systems employs 1,260 skilled workers in Ningbo, China.
- The company produces a wide range of automotive safety products including seat belts and child seats.
- Zhejiang Songyuan Automotive Safety Systems serves domestic and international markets like North America and Europe.
Weaknesses
- The company's products are limited to automotive safety systems without diversification into other sectors.
- Zhejiang Songyuan Automotive Safety Systems has no presence in emerging markets like Southeast Asia.
- The firm's business is concentrated in the Consumer Discretionary sector, which is cyclical.
Opportunities
- Expanding into the growing European automotive safety market could increase market share.
- The demand for child seats in North America presents a significant opportunity for growth.
- Zhejiang Songyuan Automotive Safety Systems can leverage its seat belt technology for new vehicle segments.
Threats
- Increasing competition in the automotive safety sector may reduce profit margins.
- Economic downturns in North America and Europe could decrease demand for automotive safety products.
- The company faces regulatory changes in the European Union affecting automotive safety standards.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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