Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR



General Introduction Zhejiang Zhengyu Industrial Co., Ltd. is one of the earliest enterprises in China engaged in the production of automotive suspension system shock absorbers, with nearly 20 years of business history in automotive suspension system shock absorbers. In 2016, with the approval of the China Securities Regulatory Commission, the company was listed on the main board of the Shanghai Stock Exchange on January 26, 2017 (stock abbreviation: Zhengyu Industrial, stock code: 603089). Zhejiang Zhengyu Industrial Co., Ltd. is a manufacturer and comprehensive service provider that integrates the automotive after-sales market, vehicle supporting processing, and providing overall solutions for suspension pillar assemblies. The company has strong product modular and systematic production and manufacturing capabilities, synchronous development capabilities, and overall supporting scheme design capabilities. It is a leading enterprise in the Chinese automotive shock absorber industry, especially in terms of technology, quality, production capacity, and variety, with considerable influence and market position in the international market. Zhejiang Zhengyu Industrial Co., Ltd. has always adhered to the corporate philosophy of "creating value for you with all sincerity ADDValueForCustomers", and continues to focus on professional and lean manufacturing of automotive suspension systems as the core of its development strategy. It will develop corresponding research and manufacturing technologies in a deeper direction, committed to promoting China's automotive shock absorbers to reach international advanced levels, and continuously strive to improve the automotive after-sales market The transformation of the production and processing mode of supporting the entire vehicle to providing customers with overall solutions for the design and manufacturing of automotive suspension systems. The company currently has over 10000 models in 9 major series of automotive shock absorber products, covering most vehicle models worldwide. It currently ranks first in the export volume of domestic automotive shock absorbers and is a high-quality strategic partner for multiple international large component companies. It is also an OEM supporting supplier for multiple domestic vehicle manufacturers. Zhejiang Zhengyu Industrial Co., Ltd. has passed the ISO/TS16949 Quality Management System certification and is a "Leading Enterprise in China's Automotive Shock Absorber Industry", "National Automobile Parts Export Base Enterprise", "National Torch Plan Project Implementation Unit", "National Torch Plan Key High tech Enterprise", and "National Township Enterprise Brand Creation Key Enterprise". It is a "Zhejiang Province Integrity Demonstration Enterprise" and "Zhejiang Province AAA Credit Enterprise" Zhejiang Province High tech Enterprise. The company has established the "Zhengyu Automotive Shock Absorber R&D Center", which has been recognized as a "provincial-level enterprise technology center" and a "provincial-level high-tech enterprise research and development center". The center has developed five series of provincial-level industrial new products, two of which have been awarded the National Torch Program project, three have been recognized as provincial-level high-tech products, and have successively obtained 29 national patents. Zhejiang Zhengyu Industrial Co., Ltd. optimizes product structure adjustment and upgrading by leveraging its advantages in scale, technology, manufacturing, and brand. Continue to promote international marketing strategy, balance the development of business relationships with high-end customers in various international regions, and form a market control force with relative advantages. Strengthen domestic marketing efforts, actively promote and implement brand strategies, and increase domestic market share. Increase cooperation and technical research with vehicle manufacturers, improve understanding and ability to meet their needs, assist customers in enhancing market competitiveness, and create value for customers. Our products and services, in fact, the spiritual philosophy of the entire enterprise should be in line with the public interest. The company will further improve its corporate governance structure, establish a modern enterprise management system with execution as the core, promote the construction of modern enterprise systems, establish effective decision-making and internal control mechanisms, achieve scientific decision-making and standardized operation, and wholeheartedly create value for society.
Headquarter Taizhou
Establish Date 8/20/1998
Listed Code 603089.SH
Listed Date 1/26/2017
Chairman Zheng Nianhui.
CEO Zheng Nianhui.

Buy Premium Now

$15/month billed now

View the full stack of insights immediately

Or 7 Days Free Charge for Trial

See feature available in the Trial and Premium

See our Solution and Servicetrial.solutionservice.trial

See our Uniquness and Value deliveringtrial.solutionservice.trial