Baolong Technology occupies an important position in the TPMS market

Chinese automotive supplier Baolong Technology occupies an important position in the global TPMS (tire pressure monitoring system) market, with its TPMS business revenue reaching 1.911 billion yuan in 2023, a year-on-year increase of 29.44%. Baolong Technology's TPMS business scale has ranked second in the world, second only to a foreign company. Feng Meilai, vice president of Baolong Technology, said that the company's TPMS business proves the strength of Chinese suppliers and demonstrates China's rise and influence.