The company is a limited company established by means of a fundraising method in April 1997 with the approval of the Ministry of Machinery Industry's Machinery Administration [1997] No. 294 and the National Economic System Reform Commission [1997] No. 63. The Company publicly issued 12.5 million common shares on the Shanghai Stock Exchange on June 13, 1997, with the approval of the China Securities Regulatory Commission [1997] No. 326 and the Securities Regulatory Commission [1997] No. 327, with a registered capital of 50 million yuan after issuance. The company's main business is related to the production, manufacture and sale of automotive parts, covering braking and intelligent driving systems, intelligent cockpit systems, chassis systems, thermal management systems, powertrain technology systems, new energy electric drive systems, and lightweight technology. The main products are automotive interior and exterior parts, automobile braking systems, die-casting parts, thermostat systems, etc.
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