China Automotive Engineering Research Institute Co., Ltd.ABOUT CAERI
China Automotive Engineering Research Institute Co., Ltd. (Stock abbreviation: CAERI; stock code: 601965), founded in March 1965, formerly known as Chongqing Heavy-duty Vehicle Research Institute, is a national first-class scientific research institute. In 2001, it was renamed as Chongqing Automotive Research Institute and restructured into a scientific and technological enterprise. In 2003, it was administrated by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. In 2006, it was incorporated into China General Technology (Group) Holding Co., Ltd., becoming the latter's wholly-owned subsidiary. In 2007, it was renamed as China Automotive Engineering Research Institute and restructured into a limited liability company. In November 2010, it was changed into China Automotive Engineering Research Institute Co., Ltd. (CAERI) as a whole. On June 11, 2012, CAERI was officially listed on the Shanghai Stock Exchange. The registered capital of CAERI is RMB 988.525667 million and the legal representative is Li Kaiguo.
CAERI is committed to actively serving the national strategy and industrial development, strictly implementing its responsibility and mission as a central enterprise, and creating the technical service layout with the Chongqing headquarters as the core and major automobile industry clusters in the whole country as its target. It always insists on an enterprise spirit of innovation, struggle, responsibility and happiness, focuses on the three major technical fields of "safety", "green" and "experience" and provides three types of products — solutions, software data and equipment tools. It is committed to becoming a technological platform company integrating technical services, data applications and equipment promotion with standards as its focus. It strives to provide scientific and technological support for the high-quality and sustainable development of the automobile industry, offer technical services for the quality improvement and brand promotion of automobile enterprises and provide credit guarantee for automobile consumers' transparent and reasonable consumption.
Insisting on investing in basic research, CAERI has formed a cluster system integrating a testing center, an engineering center, an intelligent center, a new energy center, a data center, an incubation center and the equipment industry. It has become a public scientific and technological innovation platform that aims to serve China's automobile product development, experimental research and quality testing, promoting technological progress in the automobile industry.
Looking to the future, CAERI has always kept in mind its mission of injecting strong technological momentum into automobile industry development, and made great efforts to develop into a 10-billion-yuan international listed company that will lead the development of the industry with outstanding core competitiveness and characteristic advantages.