Mission Statement, Vision, & Core Values (2026) of Changchun Engley Automobile Industry Co.,Ltd.

Born in 1991 and headquartered in Changchun, Changchun Engley Automobile Industry Co., Ltd. (601279.SS) has grown into a major supplier to over 20 renowned automakers-including FAW-Volkswagen, Volvo, Mercedes-Benz and BMW-operating multiple plants across Tianjin, Foshan, Qingdao and Hefei and employing more than 4,000 people by the end of 2020; driven by a mission to deliver safe, eco-friendly and lightweight components, Engley poured about ¥500 million into R&D in 2023 (up 15% year-on-year) while committing to cut carbon emissions by 25% by 2025, targeting a further 30% by 2026, to power 20% of its energy needs from solar by 2025 and to boost export sales by 25% as it pursues its vision of global leadership, a customer satisfaction rise from 85% to 90%, expanded EV and ADAS capabilities, a ~¥50 million training budget after a 15% increase in 2024, and an ambitious goal to rank among the top 50 global auto parts suppliers by 2025.

Changchun Engley Automobile Industry Co.,Ltd. (601279.SS) - Intro

• Established: 1991 in Changchun, Jilin Province, China.
• Headquarters: Changchun, PRC.
• Listed: Shanghai Stock Exchange, ticker 601279.SS.
• Core focus: R&D and manufacture of safe, environmentally friendly, energy‑saving, lightweight automobile components (metal and non‑metal), plus tooling.
• Customer base: Supplies parts to over 20 well‑known automobile brands including FAW‑Volkswagen, Volvo, Mercedes‑Benz, and BMW.
• Workforce: More than 4,000 employees by end of 2020.
• Manufacturing footprint: Multiple production sites across China - Changchun headquarters plus facilities in Tianjin, Foshan, Qingdao, and Hefei.

• Deliver high‑reliability automotive components that improve vehicle safety and fuel efficiency.
• Promote low‑carbon manufacturing practices and material‑efficient design to reduce lifecycle emissions.
• Support OEM partners with integrated metal and polymer solutions and precision tooling to accelerate vehicle lightweighting.

• To be a global supplier of choice for lightweight, sustainable automotive systems, recognized for innovation, quality, and operational excellence.
• Scale advanced materials and process technologies to enable next‑generation electrified and autonomous vehicle architectures.

• Safety first - product and workplace safety as uncompromising priorities.
• Innovation-driven - continuous R&D investment to maintain competitive product performance.
• Sustainability - integrating low‑carbon design, resource protection, and circularity into projects.
• Customer partnership - close collaboration with OEMs to meet evolving vehicle requirements.
• Integrity and accountability - transparent governance consistent with public company responsibilities (601279.SS).

• Project development and construction incorporate low‑carbon concepts - site planning, energy efficiency, and resource reuse are prioritized.
• Product strategy emphasizes lightweight materials and designs that lower vehicle fuel consumption and reduce lifecycle emissions.
• Operational measures include waste reduction, emissions controls, and water/resource management across facilities.

• Leverage partnerships with global OEMs to expand high‑value component deliveries (structural, safety, lightweight systems).
• Invest in advanced materials, bonding/joining technologies, and precision tooling to support electrification and vehicle electrified architectures.
• Scale manufacturing in strategic Chinese automotive clusters (Tianjin, Foshan, Qingdao, Hefei) to shorten supply chains and improve responsiveness.

Changchun Engley Automobile Industry Co.,Ltd. (601279.SS) - Overview

• To be a better company that earns high customer recognition through superior products, a deep-rooted corporate culture, strong core competitiveness, and a harmonious workplace.
• Provide a comfortable and safe working environment, fair remuneration and promotion mechanisms so employees have belonging and can realize their self-worth.
• Produce high-quality automotive components that meet or exceed customer expectations, reflecting an uncompromising dedication to quality and reliability.
• Invest substantially in R&D to maintain technological leadership in the automotive supply chain - R&D expenditure reached approximately ¥500 million in 2023, a 15% increase over 2022.
• Commit to measurable environmental targets, implementing eco-friendly production processes and aiming to reduce carbon emissions by 25% by 2025 (from a 2022 baseline).
• Enhance customer experience through responsive service and superior products, targeting an increase in customer satisfaction from 85% (2023) to 90% by 2025.

• To be recognized as a leading, sustainable global supplier of automotive components - characterized by innovation, operational excellence, and long-term partnerships with OEMs.
• To build an enterprise where employees grow professionally and personally, contributing to industry transformation toward electrification and low-carbon manufacturing.

• Quality First - rigorous process control, zero-defect mindset, and supplier quality integration.
• People-Centric - safety, fair pay, transparent promotion, and continuous training.
• Innovation - sustained investment in R&D, patents, and product lifecycle development.
• Responsibility - environmental stewardship, regulatory compliance, and community engagement.
• Customer Focus - responsiveness, tailored solutions, and long-term service commitment.

• Carbon reduction: 25% reduction in operational CO2 emissions by 2025 versus 2022 baseline (target ≈41,250 tonnes by 2025).
• Customer satisfaction: increase from 85% (2023) to 90% by 2025 through faster service response and product improvements.
• R&D growth: continue annual R&D scaling with multi-year roadmap for EV components, lightweight materials, and intelligent assemblies.
• Employee development: strengthen training, safety systems, and transparent promotion cycles to retain and upskill talent across 10+ manufacturing sites.

• Capital allocation: prioritize funding to R&D (¥500 million in 2023) and process upgrades for lower emissions and higher yields.
• Quality systems: expanded supplier quality engineering and in-house testing to reduce warranty-related costs and boost OEM trust.
• Green transformation: energy-efficiency retrofits, adoption of electric heating and heat recovery systems, and incremental onsite renewables to meet 2025 target.
• Customer experience: dedicated service teams, digital order-tracking, and KPI-linked SLAs to reach 90% satisfaction goal.

Changchun Engley Automobile Industry Co.,Ltd. (601279.SS) - Mission Statement

• Invest in EV and ADAS R&D to accelerate product electrification and safety innovation.
• Reduce environmental footprint across manufacturing, logistics, and product lifecycles.
• Strengthen global market presence through targeted export growth and strategic partnerships.
• Enhance customer experience via tailored services and continuous quality improvement.
• Develop employee capabilities and a collaborative culture through increased training and talent programs.

• EV & ADAS roadmap: multiple new EV models planned for launch in 2025, plus phased ADAS feature rollouts across model ranges to improve active safety and semi-autonomous capabilities.
• Sustainability goals: target a 30% reduction in carbon emissions by 2026 versus the company's baseline year; achieve 20% self-generation of energy via solar installations by 2025.
• International expansion: pursue a 25% increase in export sales by 2025 with primary focus on Europe and North America market entry strategies.
• Customer experience: raise customer satisfaction score from 85% to 90% by 2025 through product improvements, warranty/service enhancements, and digital aftersales channels.
• Employee development: increase training budget by 15% in 2024 to reach approximately ¥50 million (implying a 2023 training budget ≈ ¥43.48 million) to support upskilling in EV, software, and manufacturing.

• R&D: prioritize software-defined vehicle platforms, battery systems, and ADAS sensor fusion with capital allocation aligned to 2025 launch timelines.
• Manufacturing: retrofit lines for EV assembly and implement energy-efficiency upgrades to support the 30% emissions reduction target.
• Energy: deploy distributed solar arrays across major facilities to meet the 20% on-site energy goal and reduce grid dependence.
• Sales & Export: allocate marketing and distribution investments to Europe and North America, including homologation and compliance spending to support a 25% export increase.
• People: expand training programs to cover EV powertrains, software development, and advanced manufacturing techniques within the ¥50M budget.

Changchun Engley Automobile Industry Co.,Ltd. (601279.SS) - Vision Statement

• Integrity and trust: transparent governance, compliance with listing rules, and accountability in supplier and customer relationships.
• Teamwork: cross-functional R&D, manufacturing, and global sales collaboration to accelerate innovation cycles.
• Embracing change: rapid adoption of lightweight materials, digital manufacturing, and intelligent systems integration.
• Customer-centric quality: focus on creating better products and a better life through enhanced safety, aesthetics, and functionality.

• Top-50 global auto parts supplier goal by 2025 - strategic M&A, capacity expansion, and export growth to accelerate ranking improvements.
• R&D intensity: target R&D investment of ≥5% of annual revenue to support lightweight and intelligent product development.
• Lightweighting target: reduce average component mass by 10-20% across new product families within three years.
• Environmental target: implement projects to cut factory CO2 emissions intensity by 30% (per unit output) vs. baseline within five years.

• Integrate low-carbon concepts into project development and construction, including energy-efficient facilities and material-efficiency design.
• Active protection and utilization of natural resources via closed-loop material recovery, water reuse systems, and supplier environmental standards.
• Resource-saving manufacturing: pursue scrap reduction, yield improvement, and lifecycle optimization for components.
• Product strategy: blend lightweight alloys/composites, surface aesthetics, and embedded electronics/ECUs to deliver smarter, higher-value parts.

• Revenue growth drivers: higher-content parts per vehicle, new EV platform supply contracts, and export expansion.
• Margin improvement levers: material substitution, production automation, and design-for-manufacturability to lower unit costs.
• Capital allocation: prioritize investments in advanced stamping, composites, intelligent modules, and sustainability retrofits.

• Advanced materials program: accelerate adoption of high-strength steel, aluminum, and thermoplastic composites for weight reduction.
• Smart manufacturing rollout: expand digital twins, predictive maintenance, and Industry 4.0 lines across facilities.
• Supply-chain decarbonization: supplier engagement and green procurement targets to lower scope 3 emissions.