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Trades about 43% below its sector, cheaper than its peers on earnings.
China Automotive Engineering Research Institute Co., Ltd. (CAERI) operates as a multifaceted technical service and manufacturing enterprise within China's automotive industry. The company is actively engaged in developing automotive and related product technologies. Its extensive service offerings encompass research and development, comprehensive testing and evaluation, product certification, providing specialized software tools, supplying testing equipment, and delivering expert technical consulting for vehicles. Beyond its service capabilities, CAERI is also a manufacturer of various products, including specialized vehicles for logistics and sanitation, motorcycles, and general equipment. It also produces crucial components such as gas vehicle systems, as well as transmission and braking systems and other key parts for rail vehicles. The company's diverse activities further extend to engineering and modification services for compressed natural gas (CNG) vehicles. Additionally, CAERI deals in instruments and meters, general machinery, electronic components, chemical products, and steel. It also fosters academic exchanges and provides property rental services. Established in 1965 and based in Chongqing, China, the company underwent a name change in 2010, transitioning from China Automotive Engineering Research Institute Corporation to its current designation.
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