A new headquarters for Lynway Auto Parts (Guangzhou) is now under construction—a major move by APT Electronics since their listing on the Hong Kong stock market.
The Guangdong–Hong Kong–Macao Greater Bay Area is a megalopolis comprising nine cities and two special administrative regions in South China. It is the largest and most populated urban area in the world, with a population of about 86 million people. The launch of the Lynway headquarters there marks the further deepening of the company’s strategic layout in the field of automotive intelligent vision, and lays a foundation for the global development of their core automotive intelligent vision component business.
Chairman Xiao Guowei delivered a speech at the groundbreaking ceremony: “The construction of the headquarters of Lynway in the Greater Bay Area is an important strategic layout in the field of automotive intelligent vision, which further consolidates the company’s technological leadership and market competitiveness in this field”. The core products include intelligent ADB matrix adaptive headlights, intelligent dynamic interactive taillights, AR-HUDs, ECUs, etc, and at the same time deeply integrate the technology research and development of the whole industry chain such as system integration, software and hardware development and testing, module development, modelling and structural design”.
The project represents a total investment of more than C¥2.4bn (€315+m). The headquarters will cover about 72 acres / 29 hectares. It will comprise an intelligent vision product research and development centre and digital production base. Once it comes fully onstream, it will be able to put out more than 700,000 sets of headlamp systems, 700,000 sets of taillight systems and 200,000 sets of on-board HUD equipment. It will be the company’s hub for their automotive intelligent vision products and systems business segment.
Lynway is a wholly-owned subsidiary of APT Electronics. The new headquarters will join the existing Zhejiang Ninghai factory and Hangzhou Bay R&D centre.
