Brose and HASCO have renewed the contract for their joint venture Shanghai Brose Automotive Components for another 25 years.

In 1999, Brose and STEC, a subsidiary of HASCO, established a joint venture to set up Brose’s first production bases. Since then, the company has produced 90m products for national and international car manufacturers.

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Around 320 employees develop and manufacture door modules, window regulators, seat structures, cooling fan modules and latches.

Brose and HASCO will continue with the original shareholding of 60% and 40%.

The company plans to boost product development capability for power liftgates and cooling fan modules.

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