The company was founded in 1996 and is the world's leading supplier of cockpit interior parts. The company was listed and traded on the Shanghai Stock Exchange in 2015. In 2019, the company acquired German century-old automotive interior giant Grammer to achieve a strategic layout of globalization through corporate innovation and upgrading. The company's products cover the two major fields of passenger cars and commercial vehicles. The company is a global automotive parts supplier specializing in the development, production and sale of automotive interior parts and systems, passenger car seats, and suspension driver seats and passenger seats for road vehicles and non-road vehicles. The company's main products are passenger car seats, interior parts products, and commercial vehicle seat systems. Major honors; in 2012, the company's main products were recognized as famous brand products in Zhejiang Province; in 2013, the company's R&D center was recognized as a provincial research and development center, and the company also received the Beilun District Governor's Quality Award in the same year; in 2015, the company was rated as Ningbo Enterprise Research Institute, and in the same year, the company was rated as “Top 100 Enterprises with Technological Innovation Capabilities in Zhejiang Province”; in the first half of 2023, the company won the “2023 China Automobile Supply Chain Top 100”, “National Green Factory”, “City Water Saving Enterprise”, and “2022 Ningbo Top 100 R&D Investment Enterprises” , “2023 Zhejiang Top 100 Manufacturing Enterprises” and other awards and honorary titles.