Tianjin Pengling Group

What Tianjin Pengling Group does

Tianjin Pengling Group Co., Ltd. (天津鹏翎集团股份有限公司) is a Chinese publicly listed tier-1 automotive component supplier headquartered in Tianjin Binhai New Area and listed on the Shenzhen Stock Exchange Growth Enterprise Market (stock code 300375) since January 2014. Founded in 1988 as a rubber hose factory, the company has built its business over more than 30 years around two product lines: automotive fluid pipeline systems (covering thermal management, fuel, air intake, and body accessories) and automotive sealing strips (European, Japanese/Korean, frameless, and zero-order-differential variants, added through the 2021 acquisition of Hebei Xin'ou). The firm supplies synchronous design and module-level assemblies directly to leading Chinese NEV OEMs including BYD, Changan, Geely, Chery, Seres, and Leapmotor, as well as VW Group joint ventures, functioning as a system-level Tier-1 supplier rather than a commodity parts vendor.

The company's technology backbone rests on 30+ years of proprietary fluid pipeline design know-how, a National CNAS-accredited testing laboratory with 140+ high-end equipment sets, and a CNAS- and Tianjin Key Enterprise Laboratory-validated capability for material, dimensional, mechanical, temperature, pressure, and vibration testing. Through the 2023 establishment of its Hualing Zhiyu (Shanghai) subsidiary and a 2024 Shanghai R&D center, the firm has extended its technical platform into water-side thermal management modules for NEVs, including electronic water valves, pumps, flow channel plates, plate heat exchangers, and domain controllers. It holds National High-Tech Enterprise status (since 2008) and National Manufacturing Single Champion Enterprise designation (7th batch, 2022), operates seven-plus production sites across Tianjin, Hebei, Jiangsu, Sichuan, Chongqing, Xi'an, and Wuhan, and conducts industry-university-research collaborative R&D with multiple Chinese universities.

Commercially, Pengling generates revenue almost entirely through direct B2B enterprise sales to automotive OEMs under negotiated, non-publicly-disclosed pricing. The shift from individual component sales to complete module/assembly delivery has expanded revenue per vehicle program. Revenue grew from 19.52亿元 CNY in 2023 to 24.61亿元 CNY in 2024 (+26.08% YoY), with Q1-Q3 2025 revenue of 19.60亿元 CNY (+16.37% YoY); NEV-related products now contribute over 50% of total revenue. Pricing is closed, contract-negotiated, and not publicly disclosed. The company has also begun extending fluid pipeline technology into adjacent industrial applications such as energy storage thermal management and data center liquid cooling, signaling potential non-automotive revenue diversification.

Name

Tianjin Pengling Group

Legal name

天津鹏翎集团股份有限公司

Website

https://pengling.cn

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tianjin Pengling Group is a Chinese publicly listed tier-1 automotive supplier (SZSE: 300375) that designs and manufactures automotive fluid pipeline systems and sealing strips, supplying module-level assemblies and thermal management solutions to leading Chinese NEV OEMs including BYD, Changan, Geely, Chery, Seres, and Leapmotor.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Rubber and Plastics Hoses and Belting Manufacturing (326220), Fluid Power Valve and Hose Fitting Manufacturing (332912), Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing (32612)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Industrial Hoses & Tubing (Rubber/Elastomer) (IMANALAA)

akta.pro secondary industries

Automotive Refrigerant Lines, Hoses & Thermal Plumbing (IMACALAG), Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH)

Keywords

• Automotive fluid pipelines
• Thermal management components
• Automotive sealing strips
• Rubber hose manufacturing
• OEM automotive parts

Headquarters

HQ city

Tanggu

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. 汽车流体管路产品 (Automotive Fluid Pipeline Products): Design, R&D, manufacturing and sales of automotive fluid pipeline products including thermal management systems, fuel systems, air intake systems, and body accessories. Core revenue driver historically, now transitioning to complete assembly delivery.
2. 汽车密封件产品 (Automotive Sealing Products): Automotive sealing parts series including European, Japanese-Korean, frameless, and zero-order difference models. Second major product line under two business divisions.
3. 系统总成产品 (Complete Assembly Products): Transition from component to assembly product delivery, providing integrated system solutions to automotive OEMs. Customers increasingly prefer complete module delivery over individual parts, increasing revenue per project.
4. 新能源热管理产品 (New Energy Thermal Management Products): Water-side thermal management modules and related components for NEVs, including electronic water valves, pumps, and heat exchangers. New growth driver from 2023 onwards.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Tianjin Pengling Group designs, develops, manufactures, and sells automotive fluid pipeline products (including thermal management systems, fuel systems, air intake systems, and body accessories) and automotive sealing strip products. The company serves as a tier-1 system supplier to leading domestic and international automotive OEMs, particularly Chinese new energy vehicle brands, providing both individual components and integrated system assemblies.

Product overview

Tianjin Pengling Group operates a dual-core product portfolio architecture consisting of two main product lines: (1) Automotive Fluid Pipeline Series — the company's founding and primary business, covering thermal management systems, fuel systems, air intake systems, and body accessories; and (2) Automotive Sealing Parts Series — added through the Hebei Xinu acquisition, covering European, Japanese/Korean, frameless, and zero-order-differential sealing solutions. The company is expanding from single-component supplier toward system total-solution provider (总成产品), anchored by the newly established Hualing Zhiyu subsidiary in Shanghai focused on new energy thermal management water-side modules.

Differentiator

Problem solved

Functional benefit

Brands

• 华翎智驭 (Hualing Zhiyu): Thermal management business module subsidiary established in Shanghai, focusing on water-side integrated modules, electronic water valves, electronic water pumps, flow plates, plate heat exchangers, and domain controllers for new energy vehicles.

Products and services

• Automotive Fluid Pipeline Series (汽车流体管路系列) Core product line covering fluid transportation systems for vehicles, including thermal management systems (water-side modules, electronic water valves, electronic water pumps, flow channel plates, plate heat exchangers), fuel systems (PA blow-molded pipeline assemblies, THV fluororesin fuel hoses, multi-layer fuel hoses meeting Euro III+ standards), air intake system hose assemblies, and other body accessories. The series is the company's primary business focus, serving as the foundation for its transition toward new energy vehicle thermal management total solution provision.
• Automotive Sealing Strips Series (汽车密封条系列) Automotive sealing strip product line covering European-style, Japanese/Korean-style, frameless (无边框), and zero-order-differential (零阶差) vehicle sealing solutions. The company's second major business pillar, serving domestic and international OEMs with complete sealing strip assemblies.

Quantifiable outcome

• Revenue growth from 19.52 billion yuan (2023) to 24.61 billion yuan (2024), a 26.08% increase
• +3 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• 艾曼斯（苏州）工程塑料有限公司 (EMS Group - EMS (Suzhou) Engineering Plastics Co., Ltd.)coreStrategic or Co-development Partner · 26 June 2026Tianjin Pengling Group and EMS (Suzhou) Engineering Plastics Co., Ltd. signed a strategic cooperation agreement in Suzhou, focusing on new energy vehicle lightweighting and thermal management system technology innovation. EMS Group, founded in Switzerland in 1936, is a global leader in specialty polymers with 25 years of 'metal-to-plastic' technology R&D and industrialization experience. The partnership leverages EMS's high-performance polyamide material capabilities with Pengling's automotive fluid pipeline expertise to develop high-performance, lightweight automotive pipeline solutions. Pengling's VP Ma Jingchun and EMS Asia-Pacific President Melillo attended the signing ceremony.
• 各大高校 (Various Universities)supportingStrategic or Co-development PartnerPengling Group collaborates with universities through industry-university-research combined R&D model to build its R&D platform. The company has established joint development capabilities with customers and conducts collaborative research with universities.

Scale indicators6 records

Recent moves15 records

Expansion highlights5 records

Direct peers

• Hutchinson (TotalEnergies): French tier-1 supplier of automotive sealing, fluid handling, and anti-vibration systems. Directly comparable in automotive hoses, sealing strips, and fluid transport modules supplied to global OEMs.
• Nichirin Co., Ltd. Japanese specialist automotive hose manufacturer with focus on rubber and resin hoses for thermal management, fuel, and brake systems. Mid-size tier-1 with comparable hose-centric product mix.
• Sumitomo Riko: Japanese manufacturer of automotive rubber hoses, sealing products, and anti-vibration components. Comparable as a tier-1 supplier with deep OEM relationships and parallel product portfolio in fluid pipelines and sealing.
• Gates Industrial: Global manufacturer of automotive and industrial hoses, belts, and fluid power solutions. Direct peer in the rubber hose and tubing product category, though with broader industrial focus.
• Yinlun Co., Ltd. (银轮股份, 002126.SZ): Chinese A-share listed automotive thermal management supplier, including heat exchangers, EGR coolers, and NEV thermal modules. Closest Chinese-listed direct competitor in NEV thermal management expansion.
• Anhui Zhongding Sealing Parts (中鼎股份, 000887.SZ): Chinese A-share listed automotive sealing systems supplier acquired by none other than Zhongding's parent. Overlaps directly with Pengling's sealing strip business as a Chinese tier-1 sealing competitor.
• Cooper Standard Automotive: US-based global supplier of automotive sealing and fluid handling systems with directly overlapping product lines in body sealing and fluid transfer. Closest comparable in product mix, customer base (global OEMs), and tier-1 supplier role.
• Sanhua (三花智控, 002050.SZ): Chinese listed thermal management component leader with major NEV exposure (Tesla, BYD, others). Benchmarks NEV thermal management scale and product breadth, especially in electronic expansion valves and thermal modules.

Broad incumbents

• Mahle GmbH: German global automotive supplier with a major thermal management product line for ICE and NEV powertrains. Comparable as a broad incumbent in thermal management modules and a benchmark for tier-1 thermal system engineering depth.
• Continental AG (Automotive Group): German global automotive supplier with overlapping thermal management, hose, and fluid handling product lines. Broad incumbent that competes with Pengling in OEM thermal management programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tianjin-pengling-rubber-hose-co-ltd-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments4 records

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

Frequently asked questions about Tianjin Pengling Group