On August 22nd, the “2024 White Paper on the Competitiveness of Global Automotive Supply Chain Core Enterprises”, jointly compiled by China Automotive News and Roland Berger, was officially released. Among them, the lists of “Top 100 Global Automotive Suppliers” and “China’s Top 100 Automotive Suppliers” attracted wide attention from the industry. Baolong was ranked 65th in China, an increase of 12 places from 2023.

First released in 2014, so far eight issues of the White Paper have been released, and it has become the most influential guide of the auto parts industry in the world. It’s of great significance in guiding China's automotive supply chain enterprises to benchmark against the international outstanding enterprises and analyze the competition pattern of international automotive supply chain.

Under the backdrop of automotive electrification and intelligence, breakthroughs in power batteries, electronic and electrical architectures, intelligent driving, intelligent cockpits, intelligent chassis, body control, automotive chips, etc. have provided wider growth and profit space for auto parts enterprises.

Baolong’s business in automotive sensors, TPMS, air suspension and lightweight parts has been growing rapidly, thanks to its implementation of the intelligence and lightweight strategy. With its six new manufacturing campuses at home and abroad, and new intelligent production lines built in the past two years, as well as the gathering of R&D and related resources, the company has gained sufficient momentum for the growth of new business.

Facing the big change in the automotive industry, Baolong will accelerate transformation and upgrading to contribute to the high-quality development of China’s auto parts industry, and let more people benefit from the development of automotive technology.