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Jinheng History
| 1997 | Jinzhou Jinheng Automotive Airbag Co., Ltd. is established, with registered capital of 1 million RMB. |
| 1998 | Conducting Red Flag sedan crash tests in the United States to optimize the vehicle's safety systems. |
| 1999 | Signed a cooperation agreement with U.S.-based Beltech Corporation for mechanical airbags. |
| 2002 | 1. Establish a research and development center and a production base in the Jinzhou Economic and Technological Development Zone, creating an annual production capacity of 80,000 airbag systems. 2. The company has been renamed Jinzhou Jinheng Automotive Safety System Co., Ltd., with a registered capital of 30 million yuan. |
| 2002 | Successfully collaborated with FAW Automotive Research Institute to develop an electronic airbag system and began mass supply to automakers. |
| 2003 | 1. The company has been renamed Jinzhou Jinheng Automotive Safety Systems Co., Ltd., becoming a wholly-owned Hong Kong-based enterprise. The investor is Jinheng (Hong Kong) Limited, with a registered capital of HKD 31.5 million. 2. Established Shenyang Jinbei Jinheng Automotive Safety Systems Co., Ltd. through a joint venture with Huachen Automotive Group. 3. Certified under the QS9000 and VDA6.1 quality management systems |
| 2004 | Obtained accreditation from the China National Accreditation Service for Conformity Assessment (CNAS); successfully certified under the TS16949 quality management system. |
| 2005 | 1. Supplying airbags for over 50 vehicle models, both domestically and internationally 2. Successfully developed an integrated head-and-chest side-impact protection airbag, a product that has passed the science and technology achievement evaluation in Liaoning Province. 3. We have successfully enabled product exports to generate foreign exchange, supplying airbags as part of automotive safety systems for Malaysia and Iran. Additionally, our airbag production line has been approved by KSS Company and is now supplying its overseas markets. |
| 2006 | 1. Complete the construction of the Technology Center and renovate the acceleration slide table and component laboratories. 2. Certified to ISO 14001 Environmental Management System 3. Accelerate enterprise IT infrastructure development and implement the ERP project 4. The company's registered capital has been increased to HK$100 million. |
| 2007 | 1. Completed the investment and construction of the technological upgrade, expanding the full-scale vehicle crash laboratory to enable collision, rear-end, and rollover tests. 2. A new 7,000-square-meter integrated factory has been built, enabling a production capacity of 1 million airbag units. 3. The company's registered capital has increased to HKD 169 million. |
| 2008 | 1. Successfully acquired Liaoning Hechang Huabao Automotive Electronics Co., Ltd., further expanding our market share and laying the foundation for overcoming the economic crisis while enabling the company to grow stronger and larger. 2. Successfully certified as a High-Tech Enterprise in Liaoning Province |
| 2009 | 1. Achieved a historic breakthrough by successfully passing the supplier qualification review of Shanghai Volkswagen Automotive Co., becoming an official supplier to Shanghai Volkswagen and now supplying products that equip high-end vehicle models. 2. Invest in multi-directional collision protection technology upgrades for automobiles, expanding the production capacity of side airbags and curtain airbags. Additionally, add 400,000 units of automotive steering wheel production capacity, while developing intelligent airbags tailored for Hafei’s electric vehicle exports, ultimately establishing a total airbag production capability of 1.4 million sets. 3. The company's registered capital has increased to HKD 185 million. |
| 2010 |
1. Curtain airbags and knee airbags have passed the science and technology achievement evaluation in Liaoning Province. 2. The company's equity has been acquired by Wand Group, making it a wholly-owned subsidiary of Wand Group. 3. Introduced TNO's "Electronic Stability Control Technology" from the Netherlands to develop advanced automotive active safety technologies. |
| 2011 | 1. Invested in the establishment of Jinzhou Jinheng Safety Device Co., Ltd. and Beijing Wandear Auto Technology Co., Ltd. 2. Passing the re-evaluation as a High-Tech Enterprise |
| 2012 | 1. Introduce leading technology experts to spearhead research on cutting-edge airbag technology. 2. Achieve mass supply of side airbags for the Lavida project for the general public 3. The electronic intelligent airbag project has passed the project acceptance organized by the Science and Technology Department of Liaoning Province. 4. The company's registered capital has increased to HKD 267 million. |
| 2013 | 1. Host an E-NCAP Automotive Safety Technology Seminar in China, inviting the President of the European New Car Assessment Programme to discuss automotive safety regulations. 2. We collaborated with CCTV's "Science and Education Channel" to produce an educational science program titled "Turns Out That..." focusing on "airbags and seat belts," which helped boost the company's visibility. 3. Increase investment in hardware facilities, complete the expansion and renovation of the assembly and sewing workshops, boosting production capacity to 2 million sets; introduce advanced 30-layer laser cutting equipment, and put the new sewing workshop into operation. |
| 2014 | 1. Invest in the renovation of the steering wheel workshop and paint shop, as well as the overhaul of the components laboratory, to improve the environment and enhance the company’s image. 2. Coordinated with CCTV's "Science & Education Channel" to produce an educational science program on "child safety seats" for the show "Yuanlai Ru Ci." |
| 2015 | 1. The Testing Department successfully conducted a dynamic rollover test compliant with the U.S. FMVSS 208 regulation. 2. The Testing Department successfully passed the reassessment and additional scope review conducted by the China National Accreditation Service for Conformity Assessment (CNAS), expanding its testing capabilities from the original 5 categories covering 42 items to 6 categories encompassing 102 items. 3. China’s first static airbag deployment test conducted using a full human cadaver was carried out at the Crash Laboratory of the Traffic Medicine Research Institute of the Chinese People's Liberation Army, located in Chongqing City. The experiment was jointly completed by the Third Military Medical University of the PLA and Jinzhou Jinheng Automotive Safety Systems Co., Ltd. According to Academician Wang Zhengguo of the Chinese Academy of Engineering: "This test utilized a complete human cadaver, ensuring that the procedure was both legally compliant and meticulously rigorous. It benefited from ample R&D resources, state-of-the-art equipment, and a highly skilled team." The collaborative effort between Jinheng and the Third Military Medical University represents an innovative "medicine-engineering" integration model, combining the strengths of both institutions—marking a significant breakthrough in China’s traffic medicine research field. 4. The company has signed an agreement with Seattle Safety Inc. of the U.S. to introduce the Super Sled slide table system. 5. The company has been recognized as an A-level supplier following a rigorous audit of its quality capabilities and standards conducted by Shanghai Volkswagen's supplier evaluation process. This marks another prestigious supplier certification for Jinzhou Jinheng, coming on the heels of its 2009 achievement when it earned B+ status from Shanghai Volkswagen. |
| In 2016 | 1. Jinzhou Jinheng has successfully passed the initial review for certification by Audi/Volkswagen’s testing laboratory; in June 2016, it also underwent and passed the re-evaluation of Audi/Volkswagen’s testing laboratory certification, earning the official dual-test approval certificate after a successful on-site assessment by the laboratory team. 2. Jiangsu Jinheng Automotive Safety Systems Co., Ltd. Completes Registration |
| 2017 | 1. Jinheng Company celebrates its 20th anniversary; 2. Sales revenue reached 1.68 billion RMB, marking the company’s tenth-year milestone of doubling its income. 3. Jinheng System: Jiangsu Jinheng Automotive Safety Systems Co., Ltd. Officially Begins Production and Operations |