Jin Rong Jie·2025-08-14 08:52Group 1 - The Shanghai Composite Index fell by 0.46% to close at 3666.44 points, while the Hang Seng Index decreased by 0.37% to 25519.32 points [1] - Zhejiang Shibao's A-share premium reached 158.33%, ranking eighth among A/H share premiums. The A-share closed at 12.35 yuan, down 1.91%, and the H-share closed at 5.23 HKD, down 0.38% [1] - Zhejiang Shibao Co., Ltd. was established in 1984 and has focused on the research, manufacturing, and sales of automotive steering system products. It was recognized as a leading enterprise in the automotive steering gear industry by the China Association of Automobile Manufacturers in 2009 [1] Group 2 - The company is a major participant in the formulation of steering gear standards in China and has been recognized as one of the "Top 100 Excellent Automotive Parts Suppliers" for several consecutive years [1] - The company adheres to a business philosophy of "pragmatic innovation," continuously introducing advanced technologies and production testing equipment, and gathering domestic and international experts, technical talents, and management elites [1] - The company implements lean production management practices 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 and a trusted partner for many well-known automobile manufacturers worldwide [1]