Zhejiang Shibao(002703.SZ)

Zhejiang Shibao Company Limited, together with its subsidiaries, researches, develops, manufactures, and sells automotive steering systems and other key steering system components in the People’s Republic of China. It offers electric power steering products, including electric power recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, pinion- assisted and double-pinion-assisted electric power steering, rack-assisted electric power steering, and column-assisted electric power steering; and intelligent steering products, such as steering by wire system, lane keeping aid, rear wheel steering, fully redundant electric-hydraulic and dual motor redundant electric power recirculating ball steering gear. The company also provides hydraulic power steering gear products comprising dual circuit hydraulic power recirculating ball steering gear, hydraulic power recirculating ball steering gear, and hydraulic power rack and pinion steering gear; manual steering gear products, including manual recirculating ball steering gear, and manual rack and pinion steering gear; and steering parts, such as electric four-way adjustable steering column, 18-tooth spline injection molded intermediate shaft, 16-teeth injection slider intermediate shaft, ball-slider intermediate shaft, manual four-way adjustable steering column, steering knuckle and cylinder, pitman arm, hub bracket, and ECU, as well as castings and component products. It supplies steering products to automobile industry.