Baolong Technology and Weifu Hi-Tech cooperate to enter the full active suspension market

Baolong Technology and Weifu Hi-Tech have reached a cooperation agreement and jointly invested RMB 400 million to establish a joint venture company, focusing on the fully active suspension system market. This system can significantly improve vehicle handling and comfort, meeting the growing needs of automakers. The joint venture, controlled by WeiFu Hi-Tech, will integrate the strengths of both parties in air suspension technology and electro-hydraulic pump manufacturing, develop core component electro-hydraulic pumps (MPUs), and promote the widespread application of fully active suspension systems.