QST Winning Trust from Int’l Car Manufacturers Shows Strong Operation

The reason that QST International Corp. saw substantial increase in profit last year and its future is greatly expected by artificial persons cannot be actually attributed to the recovery of European and U.S. automotive markets and its dedication to entering Chinese market, but the brilliant experience in cooperating with int’l car manufacturers for over 20 years and the excellent fastener stocking and logistics integration service to satisfy the demand for one-stop shopping, both of which are deemed by car manufacturers as being sophisticated. As a result, it is fully trusted by int’l car manufacturers, boosting its operation after the recovery of the automotive market.   

QST has both the manufacturing and distribution channels. It has integrated the capacities of 250+ superior fastener plants in Taiwan and China. Through the service of “stocking products for customers” and “logistics integration”, it can cater to the demand of car manufacturers for one-stop shopping. That is why it is much appreciated by int’l car manufacturers when they are considering outsourcing.

So far QST (incl. affiliated companies and BVI) has gained the approval of many car and auto parts manufacturers to supply them fasteners. These manufacturers include Ford, Shanghai Volkswagon, Shanghai GM, Dongfeng Nissan, TRW, Benteler（for automotive chassis）, Dana（the largest plant for transmission and axles）.With the recovery of the global automotive market and the policy of promoting local supply of auto parts in China, the advantage of QST’s operation has been greatly expected by artificial persons.

Last year (2013) when QST completed the capital increase by cash, Taiwan’s China Steel Corp. bought its shares, shortly becoming the stake holder rather than a material supplier of QST. They will not only work together to develop steels for high value-added products, but also recognize the future and potential of QST.

Expecting prosperity in Chinese automotive market, QST then expanded its investment in China and plans to increase the stake holding of Xiamen-based Boltun BVI manufacturing automotive fasteners from 19.21% to 45%. The future investment shows expectable efficacy.