Gotion High-tech (国轩高科)
Fast facts
- Year Founded
- 1995
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- HQ Location
- Anhui, Hefei, China
- Publicly Traded?
- Yes
Source: Yahoo Financefinance.yahoo.com/quote/002074.SZ/key-statistics
- Overseas Operations
- Yes
Gotion High-tech's patented technologies are distributed in many overseas countries and regions such as Europe, the United States, Japan, and South Korea. Overseas revenue makes up about 2.36% of Gotion's High-tech revenue. In 2020, the company also partnered with the Volkswagen Group to become a certified supplier of Volkswagen. The two companies would also be jointly carrying out innovative research and development of battery technology in Hefei. Gotion High-tech aims to make Hefei the frontier of China's electric vehicle industry.Source: Gotion High-tech Websitewww.gotion.com.cn/about.html
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
2020 revenue was reported in RMB and converted using the exchange rate on January 10, 2022.Source: Gotion High-tech 2020 Annual Reportpdf.dfcfw.com/pdf/H2_AN202104211486894277_1.pdf
*2020 revenue was reported in RMB and converted using the exchange rate on January 10, 2022.
Valuation
Valuation is reported as market capitalization. It was converted from RMB using the exchange rate from April 19, 2022 20:56:57.Source: Yahoo Financefinance.yahoo.com/quote/002074.SZ/key-statistics
*Valuation is reported as market capitalization. It was converted from RMB using the exchange rate from April 19, 2022 20:56:57.
Employees
Source: Gotion High-tech 2020 Annual Reportpdf.dfcfw.com/pdf/H2_AN202104211486894277_1.pdf
Gotion High-tech manufactures, markets, researches, and develops lithium-ion power batteries. The company is one of the earliest domestic enterprises to engage in independent R&D and the production of lithium-ion-powered electric vehicles. Its main products include lithium-ion batteries, battery management systems, and energy storage battery packs. Gotion High-tech products are widely used in the field of electric vehicles and have established long-term strategic cooperative relations with many Chinese domestic electric vehicles enterprises. As of 2021, Gotion High-tech had applied for a total of 5,341 patents. A total of 3,333 patents were authorized, including 810 invention patents (65 foreign invention patents), 2,166 utility model patents, and 357 design patents.
Source: Gotion High-tech Websitewww.gotion.com.cn/about.html
-
- Name
- Ownership
-
- Volkswagen (China) Investment
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 26.47%
- Volkswagen (China) Investment
-
- Nanjing GuoXuan Holding Group
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 10.26%
- Nanjing GuoXuan Holding Group
-
- Lǐ Zhěn
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 6.20%
- Lǐ Zhěn
-
- Hong Kong Securities Clearing (HKSCC)
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 3.50%
- Hong Kong Securities Clearing (HKSCC)
-
- Lǐ Chén
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 1.71%
- Lǐ Chén
-
- Foshan Electrical And Lighting
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 1.22%
- Foshan Electrical And Lighting
-
- Mǎ Téng Yún
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 0.48%
- Mǎ Téng Yún
-
- Industrial and Commercial Bank of China Co., Ltd. – China Universal CSI New Energy Automobile Industry Index Sponsored Securities Investment Fund (LOF)
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 0.46%
- Industrial and Commercial Bank of China Co., Ltd. – China Universal CSI New Energy Automobile Industry Index Sponsored Securities Investment Fund (LOF)
-
- Guoxuan Hi-Tech Co., Ltd. – Phase II Employee Stock Ownership Plan
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 0.45%
- Guoxuan Hi-Tech Co., Ltd. – Phase II Employee Stock Ownership Plan
-
- China Merchants Bank Co., Ltd. – Oriental Alpha Advantage Industry Hybrid Sponsored Securities Investment Fund
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
- 0.39%
- China Merchants Bank Co., Ltd. – Oriental Alpha Advantage Industry Hybrid Sponsored Securities Investment Fund
- Li Zhen (李缜), Chairman, Director & General Manager
- Steven Cai, Director & Deputy General Manager
- Zhang Hongli (张宏立), Director
- Frank Engel, Director
- Andrea Nahmer, Director
- Sun Zhe (孙哲), Independent Director
- Wang Feng (王枫), Independent Director
- Zhou Yi (周忆), Independent Director
- Qiu Xinping (邱新平), Independent Director
- Wang Qisui (王启岁), Chairman of the Supervisory Board
- Li Yan (李艳), Supervisor
- Qu Yibing (武义兵), Employee Supervisor
- Pan Wang (潘旺), Secretary of the Board of Directors, Deputy General Manager & Chief Financial Officer
- Hou Fei (侯飞), Deputy General Manager
- Ma Guifu (马桂富), Deputy General Manager
- Wang Qiang (王强), Deputy General Manager Zhang Wei (张巍), Deputy General Manager
- An Dongliang (安栋梁), Deputy General Manager
Source: Qichachawww.qcc.com/cbase/f574e1ab32851dbe95aadfc2fc82a777.html
Gotion High-tech’s patented technologies are distributed in many overseas countries and regions such as Europe, the United States, Japan, and South Korea. Overseas revenue makes up about 2.36% of Gotion’s High-tech revenue. In 2020, the company also partnered with the Volkswagen Group to become a certified supplier of Volkswagen. The two companies would also be jointly carrying out innovative research and development of battery technology in Hefei. Gotion High-tech aims to make Hefei the frontier of China’s electric vehicle industry.
Source: Gotion High-tech Websitewww.gotion.com.cn/about.html
Gotion High-tech Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies’ affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status.