Intelligent chassis system business

As a high-end supplier of air suspension systems, AMK, a subsidiary of Zhongding Intelligent Chassis System Business - Air Suspension System Company, has been deeply involved in the industry for more than 20 years and has provided supporting services to world-class OEMs such as Jaguar Land Rover, Volvo, Audi, Mercedes-Benz, and BMW. The domestic air suspension market is in its infancy, and AMK China has been accelerating the improvement of the supply chain system that optimizes the performance and cost of air suspension systems in the Chinese passenger car market. AMK China has obtained orders from many new domestic car-making forces and leading traditional independent brands. Dingyu Technology, a subsidiary of the company, relies on Zhongding's core advantages in research and development and manufacturing in the rubber field, focusing on the research and development and production of air springs, and continuously promoting technological breakthroughs and continuously improving product performance. At present, air springs and gas tank products have been designated for projects. At the same time, the company is also accelerating the layout of magnetorheological shock absorber projects, and the construction of project production lines is currently accelerating. As of now, the company's domestic air suspension business has received orders with a total output value of approximately 12.1 billion yuan, of which the total output value of assembly product orders is approximately 1.7 billion yuan, and it is expected to get more project orders in the future.