Exhibiting at HOTELEX Shanghai 2025

Qingdao Foosung Automotive Parts Co., Ltd., a subsidiary of the globally active Foosung Group, stands as a key player in the automotive components and fluorine chemical materials industry, with its strategic base in Qingdao, China. The company is part of a broader Korean-founded conglomerate that has gained international recognition for its innovations in specialty gases and fluorinated compounds.

Core Business and Capabilities

Qingdao Foosung Automotive Parts specializes in the manufacturing of high-quality automotive interior and exterior components using advanced plastic injection molding technologies. Its extensive product range includes:

• Automotive Parts: Under cover panels, hood insulators, wheel covers, rear bumper trims, and car flooring systems.
• Floor Mats: Including both sewing and forming type mats tailored for various vehicle models.
• Sports Surfaces: Manufacturing of elastic runways, artificial turf infills, and drainage boards for sports fields.

Additionally, Foosung's strength is amplified by its vertical integration into the chemical sector, particularly:

• Battery Materials: High-purity lithium salts such as LiPF6 and LiBF4 which are key electrolytes in lithium-ion batteries.
• Specialty Gases: Including WF6 (Tungsten Hexafluoride), widely used in semiconductor production.
• Inorganic Fluorides: Products such as Anhydrous Hydrogen Fluoride (AHF), Hydrofluoric acid (HF 55%/70%), and Ammonium Bifluoride (NH4HF2).

Unique Strengths and Competitive Edge

One of the company's major USPs lies in its fluorine-based chemical production capabilities, an area where its Korean parent company, Foosung Co., Ltd., has over 40 years of experience. This provides the Qingdao subsidiary with a critical technological edge in producing high-purity chemicals for EV batteries and semiconductor manufacturing.

Additionally, the company benefits from:

• Advanced plastic injection and compression molding infrastructure
• Integrated R&D labs for material testing and product development
• Strategic partnerships with global Tier-1 automotive suppliers

Financial and Market Insights

While Qingdao Foosung Automotive Parts Co., Ltd.'s individual financial records are not publicly available, its parent group, Foosung Co., Ltd., reported annual revenues exceeding KRW 480 billion (~USD 370 million) as of 2023. A considerable portion of this revenue is attributed to its growing lithium salt business and specialty gases, reflecting the surge in global demand for EV battery materials.

Shipment and Export Data

According to trade data platforms like ImportYeti and Volza:

• Foosung has shipped over 1,200 international consignments of chemical products and automotive parts in the past 3 years.
• Key export markets include South Korea, Germany, the United States, and India.
• Products such as LiPF6 and WF6 dominate chemical exports, particularly to major EV and semiconductor industries.

Target Markets

Qingdao Foosung targets OEM automotive manufacturers, EV battery producers, and semiconductor companies across:

• China
• Southeast Asia
• Korea
• Europe
• North America

Their automotive components cater to both local vehicle producers and export markets through established supply chains.

Certifications and Compliance

Qingdao Foosung adheres to international standards including:

• ISO/TS 16949 – Quality management systems specific to automotive production.
• ISO 14001 – Environmental Management.
• REACH and RoHS compliance** for exports to European markets.
• KOSHA and Chinese Chemical Regulatory Approvals for handling fluorinated compounds.

Recognitions and Collaborations

• The parent company was selected as a key material supplier for Korean EV and battery manufacturers, including SK Innovation and LG Chem.
• Recognized as a core supplier of WF6 to leading semiconductor fabricators in East Asia.

Summary of Strengths

• Deep-rooted chemical expertise via parent company in Korea.
• High-volume production capability for automotive parts and mats.
• Integration of chemical production with material supply for lithium-ion batteries.
• Certified and compliant with global standards for export.
• Strategic presence in Qingdao—an industrial and logistics hub in northern China.

With its unique dual-sector positioning in both automotive parts and fluorinated chemicals, Qingdao Foosung Automotive Parts Co., Ltd. is poised as a crucial supplier in the rapidly evolving EV and high-tech manufacturing landscape.