Haima Automobile

Haima Automobile Co., Ltd., trading as Haima, is a Chinese automotive manufacturing company based in Haikou, Hainan. Its principal activity is production of passenger cars for other companies.

Haima Automobile Co., Ltd.
Trade name
Haima
Company typeState-owned
IndustryAutomotive
FoundedJanuary 1992 (1992-01) (as Hainan Mazda Motor Co., Ltd.)
Headquarters,
China
ProductsAutomobiles
Revenue11.21 billion yuan (US$1.77 billion)
Net income
590 million yuan (US$93.22 million)
Owner
Hainan Automobile Group (49%)
Hainan provincial government (51%)
Websitehaima.com
Haima Automobile
Simplified Chinese海马汽车集团股份有限公司
Traditional Chinese海馬汽車集團股份有限公司
Haima
Simplified Chinese海马
Traditional Chinese海馬
Literal meaningSeahorse

Haima was founded in 1992 as a joint venture between the Hainan provincial government and Mazda to produce Mazda models for sale in China. In 2006, FAW acquired one share of the venture, although many Haima models still incorporate Mazda technology.

As of 2012 Haima had an annual production capacity of approximately 400,000 vehicles. A total of 157,242 Haima passenger cars were sold in China in 2013, making it the 28th largest-selling car brand in the country in that year (and the 12th largest-selling Chinese brand).

In July 2021, FAW transferred 49% of the shares of FAW Haima to Hainan Development Holdings Co., Ltd. (Hainan Holdings) at no charge. Haima Automobile holds 51% of the shares in FAW Haima, while Hainan Holdings hold 49% of the shares.

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