EVERISE

What EVERISE does

Jiangyin EVERISE Automotive Parts Co., Ltd. (江阴万事兴汽车部件股份有限公司, stock code 831587, NEEQ-listed) is a Chinese automotive Tier 1 component manufacturer headquartered in Jiangyin, Jiangsu Province. Founded in 1990, the company specializes in the development and manufacture of automotive interior and exterior parts spanning three physical domains: plastic injection molding, metal stamping, and integrated plastic-metal-electrical assemblies. Its product portfolio is organized into eight categories: EPP foam parts, vehicle armrests, metal processed parts, air conditioning vents, interior/exterior decorative parts, sun visors, washer systems, and fluid storage tanks (expansion, overflow, steering oil reservoirs). Underlying capabilities cited by the company include EPP foam molding, multi-material component integration, and tooling for high-volume OEM production.

EVERISE generates revenue through long-term direct B2B supply contracts with major Chinese automotive OEMs, functioning as a Tier 1 supplier to Volkswagen Group, SAIC Motor, FAW Group, GAC Group, BAIC Group, and Brilliance/Huachen Group. Revenue mechanics are hardware sales of manufactured parts under multi-year supply agreements, with contract-based pricing negotiated directly with OEM procurement and engineering teams (pricing is not publicly disclosed). The go-to-market motion is enterprise field sales targeting OEM platform managers rather than consumer marketing. The group also operates three adjacent subsidiaries in medical devices, public safety, and biotechnology, suggesting a modest diversification beyond core automotive parts, though automotive remains the dominant business. The firm reports 101-250 employees and is publicly listed on China's over-the-counter NEEQ market, with limited English-language corporate communications and an aging website presence.

Name

EVERISE

Legal name

江阴万事兴汽车部件股份有限公司

Website

https://everisegroup.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

EVERISE (江阴万事兴汽车部件) is a NEEQ-listed Chinese Tier 1 automotive parts manufacturer producing plastic, metal, and integrated interior/exterior components for major domestic OEMs including Volkswagen, SAIC, FAW, GAC, BAIC, and Brilliance.

Ownership category

akta.pro rank

Product category

Automotive Parts Manufacturing

NAICS

Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Other Plastics Product Manufacturing (32619), Plastics and Rubber Products Manufacturing (326)

SIC

Motor Vehicle Parts & Accessories (3714), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ)

akta.pro secondary industry

Aftermarket Interior Accessories Manufacturing (Floor Mats/Seat Covers/Steering Covers/Storage) (IMACANAJ)

Keywords

• Automotive parts manufacturing
• Plastic injection molding
• Metal stamping components
• Tier 1 supplier
• Automotive interior trim

Headquarters

HQ city

Jiangyin

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Automotive Parts Manufacturing: Long-term OEM supply contracts with major Chinese automotive manufacturers for interior and exterior plastic/metal/electrical components. Revenue is generated through direct B2B sales of manufactured parts under multi-year supply agreements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

EVERISE develops, manufactures, and supplies automotive interior and exterior plastic decorative parts, metal components, and electrical assemblies for major Chinese automotive OEM groups. Operating as a Tier 1 supplier since 1990, the company delivers eight product categories including EPP foam parts, car armrests, metal processed parts, air conditioning vents, decorative trim, sun visors, washers, and liquid storage tanks through long-term contractual supply agreements.

Product overview

江阴万事兴汽车部件股份有限公司 (EVERISE) is a publicly listed automotive parts manufacturer (stock code 831587) specializing in the development, manufacturing, and supply of automotive interior and exterior plastic decorative parts, metal components, and electrical assemblies. The company's product portfolio consists of eight main product categories: EPP foam parts (tool boxes, trunk supports, buffer blocks), car armrest series (side wall, door pillar, front/rear pillar handles), metal processed parts (brackets, baffles, structural metal components), air conditioning vent series (intake/outlet grilles, heater controls), interior/exterior decorative parts, car sun visors, washer series (pumps, fluid reservoirs, washer assemblies), and liquid storage tank series (expansion tanks, steering oil tanks, overflow tanks). The company operates as a Tier 1 supplier to major automotive groups including Volkswagen Group, SAIC Motor, FAW Group, GAC Group, BAIC Group, and Huachen Group.

Differentiator

Problem solved

Functional benefit

Products and services

• EPP Foam Parts (EPP发泡件) Expanded Polypropylene (EPP) foam components for automotive applications including tool boxes, trunk support brackets, and buffer blocks for impact absorption on front and rear bumpers. Used by automotive OEMs for cushioning, insulation, and structural support.
• Car Armrest Series (车用扶手系列) Vehicle armrest assemblies including side wall armrests, front and rear pillar handles, co-driver armrests, and rear door armrests for passenger grip support and comfort. Used by automotive OEMs for interior cabin convenience features.
• Metal Processed Parts (金属加工件) Precision metal components including brackets, plates, lower baffle plates, and structural metal fittings such as rear brake hose brackets for automotive applications. Used by automotive OEMs for structural support and mounting applications.
• Air Conditioning Vent Series (空调风口系列) HVAC ventilation components including intake grilles, outlet grilles with integrated switch controls, and front heater control panel assemblies for cabin air circulation and climate control systems. Used by automotive OEMs in climate control systems.
• Interior/Exterior Decorative Parts (内外饰件) Interior and exterior decorative trim components and assemblies for vehicle aesthetics, covering multiple configurations of cabin and body surface finishing parts. Used by automotive OEMs for vehicle aesthetic finishing.
• Car Sun Visors (汽车遮阳板) Driver and passenger side sun visor assemblies in multiple configurations including left and right variants and skylight-integrated options. Used by automotive OEMs for driver and passenger sun protection.
• Washer Series (洗涤器系列) Windshield washer systems including single pump washers, complete washer assemblies with fluid delivery components, and washer fluid reservoir assemblies with integrated pump compatibility. Used by automotive OEMs for front windshield cleaning systems.
• Liquid Storage Tank Series (贮液罐系列) Vehicle fluid management tanks including cooling system expansion tanks, overflow tanks, power steering oil reservoirs, and general fluid storage containers. Used by automotive OEMs for fluid containment and pressure management in vehicle systems.

Named customers6 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators2 records

Recent moves3 records

Expansion highlights1 record

Direct peers

• Ningbo Huaxiang Electronic: Major Chinese Tier 1 supplier of automotive interior and exterior plastic components, including instrument panels, door panels, and decorative parts. Directly comparable as a domestic Chinese auto interior trim manufacturer serving major OEM customers.
• Minth Group: One of China's largest automotive exterior and interior trim suppliers, producing plastic parts, decorative components, and body parts for global OEMs. Comparable product portfolio and Chinese OEM customer base, though at significantly larger scale.
• Yanfeng Automotive Interiors: Major Chinese-headquartered automotive interior supplier producing instrument panels, door panels, floor consoles, and interior trim modules. Comparable as an integrated interior module supplier serving Chinese and global OEMs.
• Anhui Zhongding Sealing Parts: Chinese automotive sealing and rubber parts manufacturer supplying major domestic and joint venture OEMs. Comparable as a Chinese Tier 1 parts supplier with established OEM relationships and similar contract-based B2B model.
• Ningbo Tuopu Group: Chinese automotive parts manufacturer specializing in interior and exterior trim, NVH components, and intelligent cockpit products. Comparable as a domestic Chinese supplier of molded plastic and metal automotive components serving major OEMs.
• Zhejiang Yinlun Machinery: Chinese automotive heat exchanger and engine cooling parts manufacturer serving major OEMs. Comparable as a Chinese publicly listed Tier 1 supplier with manufacturing capabilities across metal and plastic components for automotive applications.

Regional players

• Changzhou Xingyu Automotive Lighting: Chinese automotive lighting supplier serving major domestic OEMs. Comparable as a regional Chinese Tier 1 parts manufacturer serving the same customer base (Volkswagen, SAIC, FAW, etc.) with similar B2B contract model.

Broad incumbents

• Joyson Electronics: Chinese automotive parts supplier focused on safety electronics, cockpit electronics, and components. Comparable as a Chinese publicly listed Tier 1 supplier, though with a different product focus on electronics rather than plastic/metal trim.
• Shanghai Shenda (Adient JV): Major automotive seating and interior systems supplier operating joint ventures in China. Comparable as a Tier 1 interior components supplier serving the same Chinese OEM customer base with broader global scale.

Emerging players

• Suzhou Recodeal Interconnect System: Chinese automotive electronics and component manufacturer. Comparable as a smaller Chinese auto parts supplier with multi-material manufacturing capabilities serving Chinese OEM customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EVERISE