Bibost expects to achieve revenue of 150 million yuan in 2023

Bibost settled in the Zhongnan High-tech Auto Innovation Smart Industrial Park in the North Hi-tech Zone of Nantong City in May 2022. It is a supplier of intelligent chassis solutions for automobiles, committed to the research and development, production and sales of core components such as automobile chassis wire control braking, wire control steering, wire control suspension, chassis domain controller and integrated wire control chassis. Just over a year after settling in Chongchuan, Bibost has successfully developed and mass-produced five main products: BIBC, BESC (electronic body stability control system), BEBS (electro-hydraulic wire control braking system), BABS (anti-lock braking system), and RV-EBS (trailer RV electronic braking system). Today, Bibost, which has four production lines, has achieved an annual production and manufacturing capacity of 1.6 million sets, and has reached business cooperation with many domestic automobile OEMs. It is expected to achieve revenue of 150 million yuan in 2023. In order to meet the growing customer demand, two new wire control production lines have been invested this year, and it is expected to reach full production by the end of the year.