Shanghai Baolong Automotive Technology

Shanghai Baolong Automotive Technology received a 5-year contract from a domestic OEM for air suspension system components including dual-chamber air springs, air supply units, air tanks, and height sensors, with total value over 500 million yuan and production starting in H2 2025.

Shanghai Baolong Automotive Technology received a letter of intent from a leading Chinese NEV OEM to supply front and rear air springs for air suspension systems. The project has a lifecycle of 4 years with a total value exceeding CNY 640 million, with mass production expected to start in October 2025.