Fulin Precision Co., Ltd.

Fulin Precision Co., Ltd. is a manufacturing company based in Mianyang, China, specializing in the production of precision components for the automotive industry and new energy lithium battery materials. Founded in November 1997, the company was listed on the ChiNext board of the Shenzhen Stock Exchange in March 2015. With a registered capital of RMB 510 million and a workforce of over 2,300 employees, Fulin Precision has developed a diversified business model that includes automotive engine precision parts and lithium battery anode materials. The company's main business lines encompass engine precision components, such as variable valve systems, valve tappets, and fuel injectors, positioning it as a significant supplier in the Chinese automotive market. In the new energy sector, Fulin Precision produces lithium iron phosphate and ternary materials for battery anodes, leading the industry in production capacity for iron phosphate. The company emphasizes research and development, cost control, and customer relationship management, serving over 50 engine customers and collaborating with major lithium-ion battery manufacturers to enhance its market presence and brand influence.

After many years of innovation and development, the company has gradually formed a development track conforming to its own characteristics, which is increasingly reflected in the industry competition. Compared with domestic enterprises in the same industry, the company has advantages in technology R & D, cost control and customer resources. 1. Technology R & D The company has always attached importance to the construction of R & D design ability and has a technology R & D team with rich experience, a Sichuan enterprise technology center, a Hunan engineering research center for lithium ion power cell positive electrode materials, a provincial model worker innovation studio and more than 160 patents (including more than 10 patents for invention). 2. Cost Control By constantly improving the process, improving the level of automation, strengthening the management of supply chain, carrying out lean production and so on, the company has ensured the precise control of the cost, realized the continuous reduction of the cost, and had the leading advantage of the cost. 3. Customer Resources The company has more than 50 engine customers, including more than 30 independent brands such as Great Wall, Chery, Jianghuai and so on, more than 10 joint brands such as SAIC-GM, GAC GROUP, Volkswagen and so on, and more than 10 foreign customers like Stanadyne; at the same time, the company has established a good cooperative relationship with large lithium ion battery manufacturers such as OptimumNano, Narada Battery, China Aviation Lithium Battery Co., Ltd. and so on, which has enhanced the brand influence of the company.