IAT-Auto

About IAT-Auto

IAT Automobile Technology Co., Ltd. (stock code: 300825) is a publicly-traded automotive design and engineering firm headquartered in Beijing. Established on May 23, 2007, the company has positioned itself as a key service provider for the entire vehicle development process. The firm's journey began when founder Xuan Qiwu returned to China in 2002 after a notable career abroad. He established the predecessor company, Beijing Jingwei Quanneng Technology Co., Ltd., in 2004 before formally founding IAT in 2007. A significant milestone was achieved in March 2020, when IAT was successfully listed on the Shenzhen Stock Exchange's Growth Enterprise Market (GEM), becoming China's first publicly-traded independent automobile design company.

Xuan Qiwu, the company's Chairman, brings a deep automotive background to the firm. At 16, he was admitted to Tsinghua University to study automotive engineering and later worked at the FAW Group. He furthered his education in Japan, earning a Ph.D. from Kyushu University and subsequently working at Mitsubishi Motors as a Director in the Development Department. This extensive experience in both the Chinese and Japanese automotive industries underpins the company's mission to integrate global resources to enhance China's automotive sector.

IAT's business model revolves around providing comprehensive R&D solutions to automotive enterprises. The company serves over 60 domestic and foreign vehicle manufacturers, offering 'turnkey' services that span the entire development lifecycle. This includes vehicle R&D, key component development and manufacturing, software development, and a specialized focus on new energy vehicles (NEVs). Revenue is generated by delivering these specialized design, engineering, and consulting services to its client base, which includes established automakers and emerging NEV startups. IAT operates a global R&D network with centers in the U.S., Japan, Italy, Beijing, and Shanghai to support its international operations.

The company's service portfolio is extensive, covering everything from initial product planning and styling to detailed engineering, prototyping, and testing. Specific offerings include the design and development of complete vehicles and platforms, encompassing passenger cars, commercial vehicles, and NEVs. In the component sector, IAT develops and manufactures core parts like its four-in-one powertrain, electromagnetic DHT, range extenders, and V6 engines. A recent strategic push involves the integration of artificial intelligence into the design process, culminating in the launch of "TAI," a vertical AI-driven tool for automotive styling that features functions like draft sketching and texture rendering.