About GSP Automotive Group
GSP Automotive Group is a company based in Wenzhou (China) founded in 1985. It operates as a Reseller / Distribution. The company has 2,860 employees as of December 31, 2024. GSP Automotive Group offers products and services including Transmission Systems, Wheel Bearings, Rubber Parts, Steering and Suspension, and Shock Absorbers. GSP Automotive Group operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Wenzhou, China
- Employees 2860 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Gsp Automotive Group Wenzhou Co. Ltd. Class A
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Annual Revenue
$547.99 M (USD)26.49as on Dec 31, 2024
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Net Profit
$40.82 M (USD)4.83as on Dec 31, 2024
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EBITDA
$62.61 M (USD)17.05as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
2860
as on Dec 31, 2024
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IPO & Listings of GSP Automotive Group
GSP Automotive Group is a publicly listed company on the SSE with ticker symbol 605088 in China, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of GSP Automotive Group
GSP Automotive Group offers a comprehensive portfolio of products and services, including Transmission Systems, Wheel Bearings, Rubber Parts, Steering and Suspension, and Shock Absorbers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transmission systems are manufactured for automotive power delivery.
Wheel bearings are produced for vehicle wheel support.
Rubber parts are crafted for automotive vibration control.
Steering and suspension components are made for vehicles.
Shock absorbers are designed for vehicle ride comfort.
Steering gears are built for precise vehicle control.
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Funding Insights of GSP Automotive Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Private Equity Round - GSP Automotive Group | Valuation | Changce Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GSP Automotive Group
GSP Automotive Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Changce Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GSP Automotive Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GSP Automotive Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gsp Automotive Group Comparisons
Competitors of GSP Automotive Group
GSP Automotive Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied to OEMs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gsp Automotive Group
Frequently Asked Questions about GSP Automotive Group
When was GSP Automotive Group founded?
GSP Automotive Group was founded in 1985 and raised its 1st funding round 31 years after it was founded.
Where is GSP Automotive Group located?
GSP Automotive Group is headquartered in Wenzhou, China. It is registered at Wenzhou, Zhejiang, China.
How many employees does GSP Automotive Group have?
As of Dec 31, 2024, the latest employee count at GSP Automotive Group is 2,860.
What is the annual revenue of GSP Automotive Group?
Annual revenue of GSP Automotive Group is $547.99M as on Dec 31, 2024.
What does GSP Automotive Group do?
GSP Automotive Group is involved in the production of automotive components, specializing in transmission systems, wheel bearings, rubber parts, steering and suspension systems, shock absorbers, and steering gears. The company operates within the automotive sector, providing solutions for vehicle performance and safety. Its products are distributed across over 120 countries, with a focus on comprehensive market coverage and manufacturing capabilities supported by certified systems.
Who are the top competitors of GSP Automotive Group?
What products or services does GSP Automotive Group offer?
GSP Automotive Group offers Transmission Systems, Wheel Bearings, Rubber Parts, Steering and Suspension, and 2 more products and services.
Is GSP Automotive Group publicly traded?
Yes, GSP Automotive Group is publicly traded on SSE under the ticker symbol 605088.
Who are GSP Automotive Group's investors?
GSP Automotive Group has 1 investor. Key investors include Changce Investment.
What is GSP Automotive Group's ticker symbol?
The ticker symbol of GSP Automotive Group is 605088 on SSE.