On March 4th, Shanghai Baolong Automotive Corporation signed a strategic cooperation agreement with BASF (China) Co., Ltd. in Shanghai to develop cutting-edge technologies and products in the development and application of automotive materials.

As a world-renowned chemical giant, BASF has deep technology accumulation and rich market experience in materials science. As a leading supplier of automotive components in China, Baolong has been focusing on technological innovation and product upgrading. Based on the common pursuit of technological innovation and the concept of mutual benefit and win-win cooperation, the two parties will carry out in-depth cooperation in cutting-edge technologies and products such as intelligent air suspension, intelligent driving, and automotive sensors, and work together to develop high-performance materials to meet the needs of high-precision, high-reliability, and high-durability of automotive components, which will bring more efficient and reliable product solutions, and thus promote technological innovation, industrial upgrading and sustainable development.

In the future, the two companies will expand cooperation to embrace the transformation of the industry, and contribute to the development of the automotive industry.