China Automotive Systems Wins Supplier Awards From Leading OEMs
Tuesday, 7th January at 6:00 am
WUHAN, China, Jan. 7, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its subsidiary, Shashi Jiulong Power Steering Gears Co., Ltd ("Shashi Jiulong"), won customer awards and accolades from two major vehicle OEM customers, Beiqi Foton Motor Co., Ltd. ("Foton Motor") and Shaanxi Automobile Heavy Truck ("Shaanxi"). Shashi Jiulong mainly provides steering systems to various commercial vehicles in China.
At a Foton Motors Global Partner Conference, Shashi Jiulong received dual honors: the Excellent Supplier Series Award and the Excellent Supplier Series Award from the Auman Business Unit. These accolades were given in recognition of Shashi Jiulong's exemplary cooperation in product development, supply guarantees, and quality reliability.
Foton Motor expressed high appreciation for Shashi Jiulong's significant contributions. These awards serve not only as recognition but also as a motivating factor for both organizations to continue striving for excellence in automotive innovation, quality products, and overall industry improvement.