Baolong Automotive and WEIFU Group form joint venture for active suspension

Shanghai Baolong Automotive Corporation and Weifu High-Technology Group formed a joint venture, Weifu Baolong Technology Co., Ltd., to develop and mass-produce motor pump units for fully active suspension systems. The joint venture will invest RMB 400 million, with WEIFU Group holding 55% and Baolong Automotive 45%.

“The two companies, through their respective subsidiaries, will jointly invest RMB 400 million to establish the new entity.”autonews.gasgoo.com

• 1 source
• autonews.gasgoo.comBaolong Automotive, WEIFU Group form joint venture to explore fully active suspension system market | GasgooMonikaMay 21, 2025

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