Brilliance Auto Group

Huachen Automotive Group Holdings Co. Ltd.
Brilliance Auto Group
Company typeState-owned enterprise
IndustryAutomotive
Founded
  • 1992; 32 years ago (1992) (Brilliance Auto)
  • 2002 (current incorporation of Huachen Automotive Group)
Founder
Headquarters
Shenyang, Liaoning Province
,
China
Area served
Exported worldwide
Key people
Yan Bingzhe(Chairman and Party Committee Secretary of the Group;[1] CEO of Brilliance Auto[2])
Wu Xiao-an(Chairman of Brilliance Auto; director of the Group[2])
Products
Brands
  • Brilliance
  • Huasong
  • Jinbei
  • Zhonghua
RevenueIncrease CNY181130 million (2019)
Decrease CNY000279 million (2019)
Total assetsIncrease CNY195348 million (2019)
Total equitySteady CNY004992 million (2019)
Owner
Liaoning Provincial Government(80%)
Liaoning Social Security Fund(20%)
Number of employees
Decrease 5,610 (Brilliance Auto only)[3] (2019)
ParentLiaoning Provincial Government's SASAC
SubsidiariesBrilliance Auto (SEHK: 1114; 42.32%)[4]
Chinese name
Simplified Chinese华晨汽车集团控股有限公司
Traditional Chinese華晨汽車集團控股有限公司
Hanyu PinyinHuáchén qìchē jítuán kònggǔ yǒuxiàn gōngsī
Literal meaning"China morning" automotive group holdings limited company
Transcriptions
Standard Mandarin
Hanyu PinyinHuáchén qìchē jítuán kònggǔ yǒuxiàn gōngsī
Brilliance Auto Group
Simplified Chinese华晨汽车集团
Traditional Chinese華晨汽車集團
Hanyu PinyinHuáchén qìchē jítuán
Transcriptions
Standard Mandarin
Hanyu PinyinHuáchén qìchē jítuán
Brilliance Auto
Simplified Chinese华晨汽车
Traditional Chinese華晨汽車
Hanyu PinyinHuáchén qìchē
Transcriptions
Standard Mandarin
Hanyu PinyinHuáchén qìchē
Yue: Cantonese
Yale Romanizationwàh sàhn hei chē
Jyutpingwaa4 san4 hei3 ce1
Websitewww.brilliance-auto.com
Footnotes / references
financial figures are from consolidated financial statements; profit and equity have excluded minority interest. Source:[5]
Brilliance Auto dealership in Beijing, China

Huachen Automotive Group Holdings Co. Ltd., known for its brand name Brilliance Auto Group, was a Chinese multinational automobile manufacturer holding company headquartered in Shenyang.[6] Its products include automobiles, microvans, and automotive components.[7] Its principal activity is the design, development, manufacture and sale of passenger cars sold under the Brilliance brand.

Brilliance Auto Group holds a 42.32% shareholding in the Bermuda-incorporated Brilliance China Automotive Holdings Limited (commonly known as Brilliance Auto or Brilliance China), which is listed on the Frankfurt and Hong Kong stock exchanges.[8]

Brilliance China Automotive Holdings (Brilliance Auto) previously produced "Brilliance" branded cars under manufacturing unit Brilliance Motor which has since been sold to BMW. Brilliance Auto also holds 25% of BMW Brilliance, a joint venture with BMW which produces, distributes and sells BMW passenger cars in mainland China. It also holds a 51% stake of Renault Brilliance Jinbei, a joint venture with Renault which designs, develops, manufactures and sells light commercial vehicles under the Jinbei, Huasong and Renault brands. As of 2022 (VW), BMW holds 100% share in Brilliance Motor and 75% of BMW-Brilliance, controlling the majority of production capacity under Brilliance.

In 2010, Brilliance Auto Group and its subsidiaries had an annual production capacity of 800,000 vehicles[9] although capacity has come online since. In 2012, the company manufactured almost 650,000 vehicles, the eighth-largest production of any Chinese vehicle maker that year.[10] Roughly 70% of production was consumer sedans.

Brilliance steering wheel in the Brilliance BC3
  1. ^ 2019 年年度报告 [2019 Annual Report] (PDF) (Report) (in Chinese (China)). Shenhua Holdings. April 30, 2020. Retrieved November 21, 2020 – via Shanghai Stock Exchange website.
  2. ^ a b "Directors, Senior Management and Company Secretary" (PDF). 2019 Annual Report (Report). Brilliance China Automotive Holding. April 27, 2020. p. 37. Retrieved November 21, 2020 – via hkexnews.hk.
  3. ^ "Management's Discussion & Analysis" (PDF). 2019 Annual Report (Report). Brilliance China Automotive Holding. April 27, 2020. p. 35. Retrieved November 21, 2020 – via hkexnews.hk.
  4. ^ Cite error: The named reference AR19 was invoked but never defined (see the help page).
  5. ^ 2019年度报告 [2019 Annual Report] (PDF) (in Chinese (China)). Huachen Automotive Group Holdings. 2020. Retrieved November 21, 2020 – via Shanghai Clearing House.[permanent dead link]
  6. ^ Cite error: The named reference reuters1 was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference about was invoked but never defined (see the help page).
  8. ^ BRILL. CHINA AUT. DL-,01 Equity, ISIN BMG1368B1028, WKN 884968, CBA boerse-frankfurt.de
  9. ^ Brilliance Auto plans to build 30 special-vehicle production bases Archived November 11, 2010, at the Wayback Machine gasgoo.com, November 8, 2010
  10. ^ "2012年12月分车型前十家生产企业销量排名". China Association of Automobile Manufacturers (CAAM). January 14, 2013. Archived from the original on January 15, 2013. Retrieved January 15, 2013. Please note that in order to reach the 944K figure you must total the output of Brilliance (华晨) as well as Jinbei (金杯)