The company was founded in 1984. Since its establishment, the company has adhered to the business philosophy of “pragmatism and innovation”, continuously introduced advanced technology and production testing equipment, and gathered domestic and foreign experts, technical talents and management elites. Implement a lean production management model to provide domestic and foreign customers with high-quality products and excellent services with leading technology and exquisite craftsmanship. Strive to develop “Shibao” into an outstanding international brand of automobile steering systems and a long-term reliable partner for many well-known automobile manufacturers around the world. The company is mainly engaged in R&D, manufacturing and sales of automobile steering gears and other key components of steering systems. It has 5 production bases in Hangzhou, Yiwu, Siping and Wuhu, as well as a research center in Beijing. The company has the ability to provide various steering products for commercial vehicles, passenger cars and new energy vehicles. It has accumulated more than 30 years of system support experience in the automotive industry. Its customer resources are diversified and international, and it is a first-level supplier for many reputable automakers. The company is one of the first enterprises in China to independently develop automotive hydraulic power steering systems and automobile electric power steering systems. The intelligent steering technology developed by the company for smart cars and driverless cars is in the promotion and application stage. Corporate honors: Outstanding Innovation Achievements in China's Automobile Supply Chain, Daimler's Outstanding New Supplier, Changan Mazda's Strategic Supplier, FAW's Top Ten Sedan Suppliers, etc.