Changzhou Tenglong Auto Parts Co., Ltd, a Chinese manufacturer of thermal management components for automobiles listed on the Shanghai Stock Exchange under code 603158, has strengthened its presence in Morocco while reporting a significant contraction in profits, according to verified financial reports and company announcements.
The company's expansion in Morocco includes new production facilities aimed at serving the automotive supply chain in North Africa. However, specific investment figures and timelines could not be independently verified from official sources as of May 4, 2026.
In a strategic pivot, Tenglong is also moving into the server cooling market, leveraging its thermal management expertise. This diversification comes as the company faces declining profitability in its core automotive segment, though exact profit figures were not confirmed in available public filings.
The shift reflects broader trends in the automotive parts industry, where companies are adapting to changing demand and exploring new applications for their technologies. Tenglong's move into data center cooling aligns with growing global demand for efficient thermal solutions in computing infrastructure.