Huguang Co., Ltd. plans to invest 20 million yuan to jointly establish an industrial investment fund

NightAirdropper · 2026-03-01T16:50:16+00:00

Huguang Co., Ltd. (605333) plans to subscribe for 20 million yuan to participate in the establishment of a venture capital fund, focusing on equity investments in unlisted companies in the semiconductor, new energy, and other fields. The company's main business is automotive electrical appliances. Revenue and net profit are expected to significantly increase from 2022 to 2024, but there are certain risks involved.

NightAirdropper

2026-03-01 16:50:16

Abstract generation in progress

Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui

On February 27, Shuguang Co., Ltd. (Stock Code: 605333) announced that the company plans to participate as a limited partner in the establishment of Jiaxing Yida Xingjian Venture Capital Partnership (Limited Partnership), with a committed investment of 20 million yuan, accounting for 13.20% of the total capital.

The fund will mainly focus on equity investments in unlisted companies in the fields of semiconductors, new energy, new materials, and intelligent manufacturing. This transaction does not constitute a related-party transaction or a major asset restructuring. The fund is still in the preparation stage and needs to complete business registration and filing procedures, with the risk that investment returns may be lower than expected.

According to Tianyancha, Shuguang Co., Ltd. was established on March 31, 1997, with a registered capital of 464.040406 million yuan. The legal representative is San Rong, and the registered address is No. 388, Huguang Road, Zhangpu Town, Kunshan City. Its main business is the research, production, and sales of high and low voltage automotive wiring harnesses.

Currently, the company’s chairman is Cheng Sanrong, the secretary is Cheng Lei, with 12,073 employees. The actual controllers are Cheng Sanrong and Jin Chengcheng.

The company has stakes in 12 subsidiaries, including Suzhou Zequan Automotive Electrical Technology Co., Ltd., Chongqing Huguang Automotive Electrical Co., Ltd., Kunshan Huguang Automotive Electrical Yizheng Co., Ltd., Kunshan Zequan Information Technology Co., Ltd., and Ningde Huguang Automotive Electrical Co., Ltd.

In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 3.278 billion yuan, 4.003 billion yuan, and 7.914 billion yuan, respectively, with year-over-year growth of 33.91%, 22.11%, and 97.70%. Net profit attributable to the parent was 41.06 million yuan, 54.09 million yuan, and 670 million yuan, with year-over-year increases of 3988.03%, 32.17%, and 1139.15%. During the same period, the company’s asset-liability ratio was 66.87%, 72.42%, and 68.59%.

Regarding risks, Tianyancha data shows the company has 36 internal Tianyan risks, 11 surrounding risks, 41 historical risks, and 49 warning alerts.

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