Jin Rong Jie·2025-08-21 08:46Company Overview - Zhejiang Shibao Co., Ltd. was established in 1984 and focuses on the research, manufacturing, and sales of automotive steering system products [1] - The company has been recognized as a leading enterprise in the automotive steering gear industry by the China Association of Automobile Manufacturers in 2009 [1] - Zhejiang Shibao is a key participant in the formulation of steering gear standards in China and has been awarded as one of the "Top 100 Excellent Automotive Parts Suppliers" for several consecutive years [1] Business Strategy - The company adheres to a business philosophy of "pragmatic innovation" and continuously introduces advanced technologies and production testing equipment [1] - It gathers domestic and international experts, technical talents, and management elites to enhance its operational capabilities [1] - The implementation of lean production management aims to provide high-quality products and excellent services to both domestic and international customers [1] Market Position - As of August 21, Zhejiang Shibao's A-shares closed at 12.86 yuan, down 0.77%, while its H-shares closed at 5.39 Hong Kong dollars, down 1.82% [1] - The A/H premium for Zhejiang Shibao reached 159.68%, ranking eighth among A/H shares, indicating that H-shares are relatively cheaper compared to A-shares [1][2]