Shandong Pengxiang Automobile Co. Ltd.(formerly FAW Shandong Special Automobile Works) was founded in 1968, and it restructured in 2008 as a limited company owned by FAW、Jilin Dongguang Group Corporation、Leadyond Capital Inc. and management layer, It located inPenglai City Shandong Province.
Shandong Pengxiang Automobile Co. Ltd. covers an area of 486,000 square meters, with construction area of 140,000 square meters. Its total assets reach 1.19 billion yuan, and registered capital 200 million yuan. It has 1900 employees, including the management and technical personnel of more than 320.The
company has four professional plants which were axle plant、special vehicle plant、hydraulic plant and mining vehicles plant,its products structure includes axles、special vehicles 、hydraulic parts、truck frames and mining vehicles.
As one of the professional plants, Pengxiang Alxe has two production bases, Penglai Pengxiang Axle Plant and Wuhu Pengxiang Alxe Co.,Ltd.
Pengxiang Axle Plant covers a construction area of 50,000 square meters, employs more than 900 people, its main products cover a dozen series of axle products, including medium and heavy duty truck axle、bus axle, mining axle and the corresponding suspension products, etc.Its annual production ability can reach 200,000 medium, heavy truck drive axles, 40,000 steering
front axles, 30,000 sets of suspension, and 20,000 sets front, middle, rear axle and corresponding suspensions.
Wuhu Pengxian Axle Co., Ltd. coves an area of 80,000 square meters. It was invested in 250 million yuan, and its annual production ability can reach 100,000 driving axles, 60,000 steering front axles, 40.000 sets of suspensions. As one of the largest, most advanced technical in domestic, Pengxiang Alxe Plant supplies its
products to the main truck manufacturers in China.
During the 12st Five-Year Plan, the company will continually adhere to “Independence Innovation, High Quality, Low Cost, Internationalization” as the long term business policy, focus on management, adjust the structure, improve the brand influence, enhance the products core competencies, increase the market share, and promote the company rapid development, The
company will devote itself to be the world first-class axle supplier. Furthermore, the company will also continually adhere to the culture concept of “Respect and Sincerity, Professionalism and Innovation” to provide the best products and service.