On May 20, Baolong Automotive (Baolong) and WEIFU Group (WEIFU) held a signing ceremony to announce the establishment of a joint venture. The two companies will jointly invest 400 million RMB to set up a new subsidiary, aiming to explore the market for fully active automotive suspension systems.
Fully active suspension systems significantly enhance vehicle handling and comfort, and demand for such systems from automakers is growing rapidly. To lead the development of automotive suspension technology, address the domestic supply gap for fully active suspension systems, and accelerate product iteration, the two parties have established WEIFU Baolong Technology Co., Ltd. (tentative name). The joint venture will focus on the development and mass production of Motor Pump Unit (MPU), a core component of fully active suspension systems. Nanjing WEIFU Jinning Co., Ltd., a subsidiary of WEIFU Group, will contribute 220 million RMB for a 55% stake, while Shanghai Baolong Automotive (Anhui) Co., Ltd., a wholly-owned subsidiary of Baolong, will invest 180 million RMB for a 45% stake.
The joint venture will integrate Baolong’s technical expertise in air suspension systems and market resources with WEIFU’s strengths in R&D and manufacturing of core automotive components, such as electro-hydraulic pumps. Together, they aim to provide automakers with high-quality, competitive MPU solutions for fully active suspension systems, promoting their widespread adoption in the domestic automotive market.
The collaboration between Baolong and WEIFU in intelligent suspension systems will inject new vitality into the intelligent and comfort-oriented development of China’s automotive industry, empowering domestic brands to enhance competitiveness in the high-end market.
About Baolong Automotive
Baolong is a leading automotive parts supplier and one of China’s top 100 automotive suppliers. Since 2012, the company has focused on intelligent suspension systems, achieving full in-house R&D capabilities ranging from rubber formulations to software algorithms. Its expertise covers system function development, design validation, fully automated assembly technology, tuning technology, and air spring rubber technology. Baolong holds 108 patents, including 10 invention patents, 94 utility model patents, and 4 design patents, making it one of the few domestic companies with mastery over all core intelligent suspension technologies. Currently, Baolong has developed and mass-produced a wide range of intelligent suspension components ("sensing + decision-making + execution") and has integrated advanced driver-assistance systems (ADAS) with intelligent suspension to launch an active suspension road preview system. For fully active suspension systems, Baolong is developing additional components such as accumulators, high-pressure oil/air pipelines, and fully active electronically controlled damper assemblies. As a top domestic integrated intelligent suspension supplier, Baolong ranks among the top three in China’s market share.
About WEIFU Group
WEIFU Group is a renowned automotive component manufacturer and one of China’s top 50 automotive suppliers. Established in 1958, the company has built long-term partnerships with major domestic OEMs over six decades. Its core products—including fuel injection systems, exhaust after-treatment systems, intake systems, braking components, and hydrogen/fuel cell core parts—hold strong market competitiveness and high market shares. As a national high-tech enterprise, WEIFU operates multiple national and provincial-level R&D centers and laboratories, mastering key technologies with industry-leading performance metrics. In recent years, the company has strategically expanded into green hydrogen, intelligent electrification, and other fields, developing capabilities in hydrogen/fuel cell components, renewable energy hydrogen production, e-drive system parts, thermal management systems, smart sensing modules, and hydraulic systems.
