Fuyao Group (full name: Fuyao Glass Industry Group Co., Ltd.) is a large multinational industrial group dedicated to integrated solutions for the design, development, manufacturing, supply and services of automotive glass and automotive aluminum parts and trim worldwide. In 1976, Cho Tak Wong spearheaded the founding of the Fuqing Gaoshan Specialshaped Glass Factory, a township enterprise that served as the predecessor and origin of Fuyao Group. Fuyao was formally incorporated in 1987, and was listed on the Shanghai Stock Exchange in 1993, becoming the first private enterprise to be listed on the A-share market with the stock abbreviation Fuyao Glass (stock code: 600660). In 2015, its H shares were listed on the Hong Kong Stock Exchange (stock code: 3606), forming the “A+H” model involving two major capital platforms inside and outside the mainland of China.
Since its inception, Fuyao Group has always been committed to manufacturing quality glass independently for Chinese people and playing a supporting but significant role in China’s automotive industry.
To this end, it upholds the core values of “diligence, simplicity, learning and innovation,” and adheres to its strategic path characterized by independence, applied R&D, openness and inclusiveness. After unremitting exploration and efforts, Fuyao Group has achieved outstanding results. It now boasts a number of advanced production, sales and R&D bases in 13 countries, such as China, the United States, Germany, Russia, South Korea and Japan; within China, it operates across 18 provincial-level regions, including Fujian, Shanghai, Guangdong, Tianjin, Jilin, Liaoning, Inner Mongolia, Henan, Jiangsu, Hubei, Chongqing, Hainan, Anhui and Hong Kong, forming a globalized coordinated development model across the entire industry chain. With its products chosen by global automotive brands such as Mercedes-Benz, BMW, Audi, Toyota and Volkswagen, it holds a global market share of about 35%. In recent years, Fuyao has received numerous prestigious honors and qualifications, including the “China Quality Award”, “Demonstration Enterprise for Intelligent Manufacturing”, “National Innovation Demonstration Enterprise”, and “Green Factory”.
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