China Automotive Systems Wins Supplier Awards From Leading OEMs

Core Insights - China Automotive Systems, Inc. (CAAS) announced that its subsidiary, Shashi Jiulong Power Steering Gears Co., Ltd, received multiple awards from major vehicle OEMs, Foton Motor and Shaanxi Automobile Heavy Truck, recognizing its excellence in product development and quality reliability [1][2][3] Group 1: Awards and Recognition - Shashi Jiulong received the Excellent Supplier Series Award from Foton Motor at a global partner conference, highlighting its exemplary cooperation in product development and supply guarantees [2] - At the Shaanxi Automobile Heavy Truck's Supply Chain Partner Conference, Shashi Jiulong was awarded the "Strategic Synergy Award," the highest honor from Shaanxi, for its outstanding performance and commitment to improving product quality and technology [5][6] Group 2: Company Overview - CAAS is a leading supplier of power steering components and systems in China, operating through eight Sino-foreign joint ventures, with an annual production capacity exceeding 8 million sets of steering gears, columns, and hoses [7] - The company serves a diverse customer base, including major auto manufacturers in China and North America, such as China FAW Group, Dongfeng Auto Group, BYD Auto, Stellantis N.V., and Ford Motor Company [7]