Jin Rong Jie·2025-08-07 08:52Core Points - The Shanghai Composite Index rose by 0.16% to close at 3639.67 points, while the Hang Seng Index increased by 0.69% to 25081.63 points [1] - Zhejiang Shibao's A/H share premium reached 164.81%, ranking fifth among A/H shares [1] - On the closing day, Zhejiang Shibao's A-shares were priced at 12.52 yuan, down by 0.71%, and H-shares were priced at 5.17 HKD, down by 1.52% [1] Company Overview - Zhejiang Shibao Co., Ltd. was established in 1984 and focuses on the research, development, manufacturing, and sales of automotive steering system products [1] - The company was recognized as a leading enterprise in the automotive steering gear industry by the China Association of Automobile Manufacturers in 2009 and has been a key participant in setting steering gear standards in China [1] - Zhejiang Shibao has been awarded as one of the "Top 100 Excellent Automotive Parts Suppliers" in China for several consecutive years [1] - The company adheres to a business philosophy of "pragmatic innovation," continuously introducing advanced technologies and production testing equipment, and attracting domestic and international experts and management talents [1] - It implements lean production management to provide high-quality products and excellent services to domestic and international customers, aiming to develop "Shibao" into an internationally recognized brand in automotive steering systems [1]