HK:1316 Nexteer Automotive Group Limited

Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies worldwide. It offers electric power steering (EPS) products, including column, pinion, and rack assist electric power steering products, as well as eps remanufacturing products, intermediate shafts, and modular power packs; and hydraulic power steering products, such as magnetic torque overlay and smart flow products, power steering pumps and reservoirs, rack and pinion steering gears, and recirculating ball steering gears. The company also provides steering columns, including power tilts and telescopes, power rakes and telescopes, one-touch adjustable columns, manual rakes and telescopes, non-adjustable columns, intermediate shafts, and transmission shifters, as well as electronics, modules, and sub-assemblies. In addition, the company offers front wheel drive, intermediate drive, and rear wheel drive halfshafts, as well as propeller shaft constant velocity joints. Further, it provides advanced driver assistance systems and automated driving technologies comprising Steering on Demand system, which enables transitions between manual and automated driving for vehicles; Quiet Wheel Steering, a steering wheel remains still during automated driving; magnetic torque overlay technology for the safety and comfort of drivers of heavy duty trucks; and high availability EPS for resilient operational availability, as well as offers customer support and engineering center services. The company was founded in 1906 and is headquartered in Auburn Hills, Michigan. Nexteer Automotive Group Limited is a subsidiary of Nexteer Automotive (Hong Kong) Holdings Limited.

11.26 HKD
As of 06/18/2021

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Consumer Discretionary
Industry:  Auto Parts
Index country:  China
Country of incorporation:  Cayman Islands
IPO date:  10/07/2013
Stock exchange:    Hong Kong Exchange
Exchange country:   Hong Kong
Market cap:   28,447,412,224 HKD
Current dividend yield:   4.75%
ISIN:        KYG6501M1050
Sedol:      BBPD5F0

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