Zhejiang Shibao Holding Group Co., Ltd. was founded in 1984 and started its business from the automotive steering gear then expanded to the automotive braking system. Its head office is located in the state-level Hangzhou Economic and Technological Development Zone. In 2004, the Group reorganized its automotive steering business to Zhejiang Shibao Co., Ltd..
a total of approximately 1500 employees and 353,000 square meters of land, and total assets exceeding RMB1 billion. It has eight subsidiaries located in Beijing, Hangzhou, Siping, Changchun, Wuhu and Yiwu respectively. Shibao regards “Be Practical and Innovative” as its business philosophy, pays attention to the quality and sustainable growth and encourages technology innovation. The company has also introduced Japanese lean production to its plants in a flexible and efficient way.
Zhejiang Shibao has committed itself to the research and development of automotive steering technologies and products and mainly engaged in the ...[More]p, design, manufacture and sales of automotive steering gears and other key components and parts of steering system, and accumulating extensive industry experience in the PRC. The Company is one of the early movers in the development of hydraulic power steering gears in the PRC, and also the early domestic enterprise having built the capacity of independent mechanical-electrical integration technologies and volume production of electric power steering (EPS) system.
The Company has rich OEM experiences, strong R&D and design capacity and adopted lean production system. By continuously investing on research and development, the Company is capable of joint-design with the local and international vehicle design team. The Company's business objective is to be an outstanding steering system supplier as well as reliable and long-term partner of China and International leading automakers.