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Tianjin Sungwoo Chonche Hitech High-tech Co, Ltd was set up as a joint venture of the China National Chemical Equipment Corp (CNCE) and Korea Sungwoo.
The company specializes in auto parts and auto-parts turnover boxes production and sales as well as automobile mold design and development. The company currently has two production lines for metal stamping and a production capacity of 8 million pieces a year.
The company's strength lies in its stamping lines, and it can produce 87 types of components for four Hyundai models: the Sonata, Elantra, Tucson, and Elantra-b. It also has a complete line of welding equipment and produces transport vehicles for companies such as Beijing Xingyu, Beijing Dacheng and Beijing Hyundai.
It was founded in 2003, in Jixian county, Tianjin.