A few days ago, the Ministry of Industry and Information Technology of the People's Republic of China and the China Federation of Industrial Economics issued the “Notice on List of the Enterprises Qualified for the Sixth Batch of Selection and the Third Batch of Reexamination for Manufacturing Individual Champion”. The commutator of Kaizhong Precision was selected as the Manufacturing Individual Champion product.

The manufacturing individual champion enterprise refers to an enterprise that has long focused on certain specific product segments in the manufacturing industry, has internationally leading production technology or process, and has the market share for some product ranks among the top in the world.

Kaizhong Precision has a completely independent intellectual property rights system, globalized sales network and talent pool, and has established cooperative relationships with world-renowned customers such as Bosch, Daimler, Toyota, Denso, ZF, Nidec, Johnson, Brose, Valeo, Mabuchi, Continental, BorgWarner and Eberspacher. Being selected as the "Individual Champion" this time is an affirmation of our product technical strength and industry leadership, and will enhance our brand influence and industry competitiveness.

Kaizhong Precision focuses on core precision components business, and develops core components in the fields of new energy vehicles (motors, battery, electronic control), driving intelligence, and lightweight automotive components, as well as key technologies and products that are currently relatively weak in China. In the future, we will continue to develop, innovate and create more "champion products" in order to continuously improve our core competitiveness and market influence, and continue to create greater value for customers, shareholders and society.