Zhejiang Shibao Co., Ltd.

Zhejiang Shibao Co., Ltd. is a manufacturing company listed on the Main Board of the Shenzhen Stock Exchange since 2012. The company specializes in the development and production of automotive steering systems, focusing on enhancing safety and comfort in driving. Zhejiang Shibao is dedicated to providing world-leading automakers with intelligent, energy-saving, and lightweight steering solutions, while also aiming to meet international standards in research and development. The company is recognized as one of the early innovators in hydraulic power steering gears and electric power steering (EPS) systems in China. With over 30 years of experience in original equipment manufacturer (OEM) supply, Zhejiang Shibao has established a strong reputation as a Tier-1 OEM supplier. Its diverse customer base includes prominent automotive groups such as FAW Group, DFM Group, JAC, and Daimler Group, among others. The company is focused on advancing smart driving technology and system integration to sustain its competitive advantages in the automotive industry.

Zhejiang Shibao is one of the early movers in the development of hydraulic power steering gears and electric power steering (EPS) system in the PRC, striving to become a pioneer achiever of smart driving technology and system integration to maintain the Company's competitive advantages for sustainable development. The Company has accumulated over 30 years of experience in OEM supply in automobile industry with diverse customer resources worldwide, enabling the Company to become a Tier-1 OEM supplier among the automakers with good reputation, including FAW Group, DFM Group, JAC, King Long Motor, BAIC Motor, Chery Auto, Geely Automobile, Saipa Automotive, Daimler Group, SGMW and Changan Mazda.