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Zhejiang Shibao has committed itself to the research and development of automotive steering technologies and products and mainly engaged in the develop, 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.;Mr. Zhang Shi Quan, the founder of the Company and Chairman, entered into the manufacture of automotive steering gear products in 1984, and established Zhejiang Shibao Steering Gear Co., Ltd., the predecessor of the Company in Yiwu, Zhejiang Province in 1993, which was reorganized into a joint stock company in 2004. Zhejiang Shibao Company Limited is a leading OEM supplier of automotive steering system in the PRC. The Companyメs H Shares were listed on the GEM of the Exchange on 16 May 2006 and were transfer listed on the Main Board of the Exchange on 9 March 2011, and its stock code is 1057.HK.? The Companyメs A Shares were listed on Shenzhen Stock Exchange on 2 November 2012, and its stock code is 002703.
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