Baolong Automotive(SH:603197) Quan Jing Wang·2025-04-23 03:24Core Viewpoint - Baolong Technology and Thyssenkrupp Bilstein have formed a strategic partnership to provide a one-stop solution for shock absorbers and air springs to global vehicle manufacturers, combining German engineering expertise with the flexibility and efficiency of Chinese enterprises [2][4]. Group 1: Strategic Collaboration - The partnership will focus on the development, production, and supply of air suspension products and technologies, particularly in the Chinese and European markets [4]. - The air suspension solutions aim to meet the demands of vehicle electrification and intelligent suspension, while also addressing end-user needs for comfort and safety [4]. - The collaboration breaks traditional supplier relationships by leveraging each company's strengths to create better synergy through technology sharing and resource integration [4]. Group 2: Company Profiles - Thyssenkrupp Bilstein has over 70 years of experience in shock absorber R&D and production, being a pioneer in semi-active and active damping system technologies, serving major high-end automotive manufacturers globally [4]. - Baolong Technology, founded in 1997 and listed in 2017, operates nine production parks and 11 R&D centers globally, employing over 7,800 people and serving over 2,300 customers in more than 50 countries [6]. - Baolong's product range includes TPMS, automotive sensors, intelligent driving assistance products, and air suspension systems, making it a leading supplier in several niche markets within the automotive supply chain [6].