The company was founded in August 1999 and is a high-tech enterprise with brake friction materials and products as the main products. It was listed on the main board of the Shanghai Stock Exchange in April 2017. It has won hundreds of honorary titles, including a national auto parts export base enterprise, a leading enterprise in China's auto parts and brake lining industry, a leading enterprise in China's friction materials industry, China Customs AEO advanced certification enterprise, China's top ten well-known enterprises in the auto parts industry, a Chinese patent Shandong star enterprise, a Shandong intellectual property demonstration enterprise, an outstanding private technology enterprise in Shandong Province, an outstanding enterprise integrating the two technologies in Shandong Province, and a model enterprise for individual champions. The company is mainly engaged in R&D, production and sales of friction materials and braking products. The company's main products are automobile brake pads, automobile brake discs, rail transit brake pads and industrial brake products. Corporate honors: It has won hundreds of honorary titles, including a national auto parts export base enterprise, a leading enterprise in China's auto parts brake lining industry, a leading enterprise in China's friction and sealing materials industry, China's top ten well-known enterprises in the auto parts industry, a star enterprise with Chinese patents in Shandong Province, an outstanding private technology enterprise in Shandong Province, and an intellectual property demonstration enterprise in Shandong Province.
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