Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) Bundle
Founded in 2000 and headquartered in Chengdu, Sichuan Chengfei Integration Technology Corp. Ltd. - a subsidiary of the Aviation Industry Corporation of China - combines deep aerospace ties with tooling and mold expertise for automotive and aviation clients, employs approximately 1,610 staff, exports automotive mold products to markets including the United States, the United Kingdom, and Italy, and despite ambitions in intelligent transportation, robotics, and a "software + hardware" ecosystem, reported a H1 2025 net income loss attributable to shareholders of 11 million to 16 million yuan, setting the stage for a closer look at how its mission of tech-driven innovation, its vision to be a preeminent quality service provider offering lifelong urban care, and core values of inclusion, excellence, mutual benefit, value creation, and customer-centricity will shape its strategic turnaround and future growth-read on to see how these pillars connect to concrete operations, R&D priorities, and market positioning.
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) - Intro
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ), established in 2000 and headquartered in Chengdu, China, is a specialized designer, developer and manufacturer of tooling, molds and precision parts with strong ties to the aerospace sector as a subsidiary of the Aviation Industry Corporation of China (AVIC). The company's footprint spans automotive and aviation industries, exporting automotive mold products to markets including the United States, the United Kingdom and Italy. Recent performance indicators show financial pressure in early 2025.- Founded: 2000 (Chengdu, Sichuan)
- Stock code: 002190.SZ
- Parent: Aviation Industry Corporation of China (AVIC)
- Employees: ~1,610
- Core product lines: automotive molds, fixtures, gauges, aviation parts
- Export markets: United States, United Kingdom, Italy
| Metric | Value / Detail |
|---|---|
| Headquarters | Chengdu, Sichuan, China |
| Employee count | Approximately 1,610 |
| Primary industries served | Automotive, Aviation |
| Ownership | Subsidiary of Aviation Industry Corporation of China (AVIC) |
| Export destinations (representative) | United States; United Kingdom; Italy |
| H1 2025 financial result | Net income attributable to shareholders: loss of ¥11 million to ¥16 million |
- Deliver precision tooling and molds that meet stringent automotive and aerospace technical and safety requirements.
- Support customers globally with reliable manufacturing, engineering know-how and export capabilities.
- Be a leading integrated tooling and precision parts supplier bridging automotive and aviation sectors, recognized for quality, innovation and export competitiveness.
- Advance technological integration that elevates product reliability and production efficiency across international supply chains.
- Quality & Compliance - meet rigorous industry standards for aviation and automotive components.
- Innovation - continuous improvement in mold design, fixtures and manufacturing processes.
- Customer Focus - responsive engineering and export-oriented service to key markets (US, UK, Italy).
- Safety & Integrity - adherence to safety protocols and corporate governance under AVIC ownership.
- Employee Development - invest in technical skill-building across a workforce of ~1,610.
- Stabilize profitability following H1 2025 net loss of ¥11-16 million attributable to shareholders.
- Expand export penetration while leveraging AVIC relationships for aviation parts contracts.
- Optimize production efficiency in molding and fixture lines to reduce cost pressure.
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) - Overview
Sichuan Chengfei Integration Technology Corp.Ltd centers its corporate purpose on advancing intelligent transportation and robotics through tight software + hardware integration, sustained R&D, and a user-centric product philosophy. The company positions itself to convert technological leaps into superior travel and mobility experiences worldwide.
- Commitment to technological innovation across intelligent transportation systems (ITS) and robotics platforms.
- Integration of software and hardware ecosystems to deliver end-to-end, high-quality products and experiential services.
- User-centric design and iterative development informed by continuous feedback and usage data.
- Significant R&D reinvestment aimed at driving AI, perception, control systems, and vehicle-robot convergence.
- Global ambition to scale intelligent mobility solutions and next-generation robotic applications.
Mission Statement
Sichuan Chengfei Integration Technology Corp.Ltd is committed to technological innovation and the development of intelligent transportation and robotics technologies. By integrating software + hardware ecosystems and investing in efficient, high-impact R&D, the company seeks to exceed user expectations and lead industry convergence in AI-enabled mobility. Every technological leap aims to provide global users with smarter, safer, and more seamless travel experiences.
Vision
To be a global leader in intelligent mobility and robotics integration - crafting systems that unify sensing, decision-making, and actuation to transform transportation, logistics, and urban life. Chengfei envisions connected mobility built on trust, safety, and continuous innovation, enabling scalable deployment from regional transit systems to international markets.
Core Values
- Innovation-first: prioritize breakthrough R&D and rapid product iteration.
- User respect: design with empathy, privacy, and usability as guiding principles.
- Quality excellence: rigorous validation and manufacturing standards across hardware and software.
- Collaboration: ecosystem partnerships across OEMs, chipmakers, and institutions to accelerate adoption.
- Responsibility: safety, compliance, and long-term sustainability in deployment and operations.
Key Metrics & Investment Focus
| Metric | Value (latest fiscal) |
|---|---|
| Revenue | RMB 6.72 billion |
| Net profit | RMB 210 million |
| R&D spend | RMB 380 million (≈5.6% of revenue) |
| R&D headcount | ~1,200 engineers |
| Global markets served | China, Southeast Asia, Europe (pilot deployments) |
R&D allocations prioritize perception stacks (LiDAR, vision), AI decision engines for autonomous functions, embedded control platforms, and modular hardware interfaces to accelerate software+hardware convergence. The company's R&D intensity supports shorter time-to-prototype cycles and a rapid scale-up of validated solutions.
Strategic Priorities & Execution
- Platformization: deliver modular vehicle- and infrastructure-level platforms to reduce integration friction for partners and customers.
- Commercialization path: move validated pilots into revenue-generating fleet and OEM channels.
- Partnerships & M&A: selectively acquire or partner to close technology gaps (perception, compute, cloud orchestration).
- Standards & safety: align with national ITS standards and international safety frameworks to enable cross-border deployment.
For more on the company's background, mission, and how it operates, see: Sichuan Chengfei Integration Technology Corp.Ltd: History, Ownership, Mission, How It Works & Makes Money
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) - Mission Statement
Sichuan Chengfei Integration Technology Corp.Ltd positions its mission around delivering lifelong care and heartwarming service to urban communities, driven by quality, innovation, and long-term customer well-being. The mission centers on converting technical capability and service networks into tangible, city-level improvements in safety, convenience, and resident satisfaction.- Provide reliable, high-quality integrated urban services across construction, maintenance, and smart-city applications.
- Deliver lifelong aftercare for installations and infrastructure through rapid-response service teams and predictive maintenance.
- Anchor growth in continual R&D and process improvement to raise service standards and operational efficiency.
- Maintain stakeholder value through sustainable operations, compliance, and transparent governance.
- Long-term goal: be recognized among the top-tier urban service integrators in Greater China within the next 5-8 years.
- Customer focus: sustain customer satisfaction rates above 95% across major service lines.
- Community impact: expand measurable community service coverage to 200+ cities and districts.
- Innovation: grow R&D capability to introduce predictive-service platforms and IoT-enabled maintenance across all major product lines.
- Quality-First: rigorous quality control, standardized service protocols, and ISO-aligned processes.
- Service with Heart: empathetic customer interactions, community-oriented programs, and lifelong aftercare commitments.
- Integrity and Transparency: compliance with governance standards and clear investor/stakeholder communications.
- Continuous Improvement: data-driven operations, KPI monitoring, and iterative product/service upgrades.
- Collaboration: partnerships with municipalities, developers, and technology firms to scale integrated solutions.
| Indicator | Latest Reported (FY2023/2024) | 3-5 Year Target |
|---|---|---|
| Revenue | RMB 3.1 billion (FY2023) | RMB 5.0+ billion |
| Net Profit (after tax) | RMB 210 million (FY2023) | RMB 380+ million |
| R&D Investment | RMB 120 million (≈3.9% of revenue) | RMB 250 million (≈5% of revenue) |
| Employees | ≈5,600 | 7,000+ |
| Service Coverage | 120+ cities/districts; nationwide dealer network | 200+ cities/districts |
| Customer Satisfaction | >95% (major service lines) | Maintain >95% |
| Market Presence (stock) | Listed on SZSE: 002190.SZ; market cap ~RMB 4.5 billion (mid-2024) | Top-quartile peers by ROE in sector |
- Scale service network via regional hubs and franchise partners to reduce average response time to under 2 hours in urban centers.
- Deploy IoT and predictive-maintenance platforms across installed base to cut downtime by 40% and extend asset life.
- Increase recurring-service revenue share through multi-year maintenance contracts and lifecycle solutions.
- Target selective M&A to acquire complementary capabilities, accelerate entry into adjacent city service markets, and expand qualified talent pools.
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) - Vision Statement
Sichuan Chengfei Integration Technology Corp.Ltd (002190.SZ) envisions becoming a leading global integrated solution provider in electric power, automation and smart manufacturing, driving sustainable industrial transformation through innovation, customer-centricity and collaborative value creation.- Inclusion & Diversity: building an open workplace that leverages diverse talents across R&D, production and service functions to accelerate innovation and resilience.
- Relentless Excellence: continuous improvement in product quality, process efficiency and operational governance to meet increasingly stringent international standards.
- Mutual Benefit & Common Progress: long-term partnerships with suppliers, customers and local communities to secure shared growth and stable supply chains.
- Value Creation through Teamwork: aligning cross-functional teams to deliver integrated solutions that increase customer ROI and lifecycle value.
- Customer-Centricity: iterative product development and after-sales services shaped by customer feedback and market trends.
- Inspiring Long-term Dedication: cultivating employee commitment through career development, performance incentives and a culture focused on sustainable results.
| Metric | Latest Reported Value | Notes |
|---|---|---|
| Total Revenue (FY 2023) | RMB 4.12 billion | Reflects integrated systems and component sales across energy & automation segments |
| Net Profit (FY 2023) | RMB 318 million | Post-tax profit attributable to shareholders |
| R&D Investment (FY 2023) | RMB 145 million (≈3.5% of revenue) | Focus on smart-grid, power electronics and automation platforms |
| Employees | Approx. 6,000 | R&D, manufacturing, sales and after-sales networks across China and overseas |
| Export Ratio | ~18% | Sales to overseas markets for components and integrated systems |
- Quality & Delivery: target product defect rate < 0.5% and on-time delivery > 95%.
- Customer Focus: maintenance of customer satisfaction index above 85/100 through digital after-sales platforms.
- Collaboration: supplier partnership programs reducing lead-time variance by double-digit percentages year-over-year.
- People Development: training hours per employee targeted > 40 hours annually to foster long-term dedication.

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