Wanxiang Group is a private company.

Wanxiang Group, the full name of Wanxiang Group Company, is a group company dedicated to cutting-edge research, technology development and application manufacturing in the fields of clean energy and mobile intelligent control, and achieving global operations. It is also one of the 120 State Council It is a pilot enterprise group and the only auto parts company among the 520 key national enterprises, and is wholly owned by Hangzhou Universal Joint Factory.

Since its establishment, Wanxiang Group’s business has covered many fields such as auto parts, real estate, energy, and agriculture. In the field of auto parts, the Group owns a number of well-known brands, including Universal Qianchao, Universal Bearings, Universal Drive Shafts, Universal Joints, etc. Among them, Wanxiang Qianchao is the group's leading product, and its products cover many fields such as automotive engine parts, automotive chassis parts, and automotive electrical components.

In the energy field, Wanxiang Group has become one of the world's largest lithium battery manufacturers and owns a number of well-known energy projects, including Zhejiang Wanxiang New Energy and Wanxiang Qianchao New Energy. In the agricultural field, Wanxiang Group is one of the world's largest grain trading platforms, with many well-known agricultural projects including Wanxiang Agriculture and Wanxiang Food.

Currently, Wanxiang Group has won many honors such as China’s Well-known Trademark, China’s Famous Brand Products, China’s Most Valuable Brand, First Prize for China Enterprise Management Modernization Innovation Achievement, and National Quality Award. Its market share ranks among the top in the world and it is one of the world's largest auto parts suppliers.

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