Jing Ji Ri Bao·2025-11-10 22:02Core Insights - Fulin Precision Engineering Co., Ltd. has evolved into a leading player in the automotive parts sector in China, focusing on precision hydraulic and electromagnetic drive components, and is set to integrate its technology into smart robotics by 2024 [2][5] - The company has demonstrated strong growth, with a reported revenue of 90.85 billion yuan in the first three quarters of the year, marking a 54.43% increase year-on-year [5] - Fulin Precision is investing 1.196 billion yuan from 2024 to 2026 to enhance its capabilities in high-end and intelligent manufacturing, particularly in the electric vehicle parts sector [6] Innovation and Development - The company has a history of overcoming technological challenges since establishing its R&D center in 2000, achieving an annual production capacity of 5 million units by 2003 [3] - Fulin Precision has cultivated a strong corporate culture focused on excellence and innovation, which has contributed to its growth from a small enterprise to a national high-tech company with over 4,000 employees [3][5] - The company has made significant advancements in automation and smart manufacturing, achieving a 25% increase in production efficiency and capacity in its newly upgraded production lines [6] Product and Market Position - Fulin Precision's variable valve timing (VVT) products are recognized as key components in hybrid and fuel vehicles, with the company achieving mass production in 2009 after overcoming technical barriers [7] - The company has secured 334 patents and 23 software copyrights in the automotive parts sector, reflecting its commitment to innovation and technological advancement [7] Strategic Expansion - Fulin Precision is extending its industrial chain by developing smart electric joints for robots, leveraging its existing technology in automotive components [8] - The company has established a research lab for robotic electric joints, employing over 70 researchers to enhance its product offerings [8] - The local government in Mianyang is actively supporting the development of the robotics industry, which aligns with Fulin Precision's strategic goals [9][10]