The company is committed to the development, production and sales of basic automotive braking systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis, and was listed on the Shenzhen Stock Exchange on August 28, 2009. It is a national key high-tech enterprise, a national technological innovation demonstration enterprise, a national innovative pilot enterprise, a leading enterprise in China's auto parts and brake industry, the first batch of national auto parts export base enterprises, the first large-scale specialized first-class auto parts supplier to independently develop and produce automotive ABS in China, a second-prize winner of the National Science and Technology Progress Award, and has a nationally accredited laboratory, academician workstation, and postdoctoral research workstation. The company's main business is the development, production and sale of basic automotive braking systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis. The company's products mainly include automotive braking systems such as brakes and brake pumps, and auto parts products such as electronic control systems. Corporate honors: It has won the “China Top 100 Auto Parts Enterprises”, “China Auto Parts Original Innovation Award Winner”, “National Top 100 Auto Parts Supplier Excellent Parts Independent Brand Enterprise”, “National Key High-tech Enterprise”, and “National Innovative Pilot Enterprise”; won the honorary title of “Class A Supplier” from FAW-Volkswagen and SAIC Volkswagen respectively in 2020; “Zhejiang Excellent Technological Innovation Enterprise”, “Zhejiang Province Management Innovation Demonstration Enterprise”, “Zhejiang Province Patent Demonstration Enterprise”, “China's Leading Auto Parts and Brake Industry Leading Enterprise”,” Many honors such as “Famous Trademark of Zhejiang Province” and “Famous Trademark of Zhejiang Province”.