The automobile hub bearing unit product manufactured by Wanxiang Precision Industry Jiangsu Co Ltd, which is based in Taizhou Port Economic Development Zone in Taizhou, East China's Jiangsu province, recently received the Jiangsu Premium Brand Certification from provincial departments.
The automobile hub bearing unit is a national key product with independent intellectual property rights and brands, mainly supporting mainstream global automotive manufacturers like Mercedes-Benz, BMW, Audi, Volkswagen, and General Motors.
The star automobile hub bearing unit product of Wanxiang Precision Industry Jiangsu Co Ltd. [Photo/cmc.gov.cn]
It has a domestic market share of 30 percent and a global market share of 8 percent, ranking among the top five in the global automobile hub bearing industry.
The company is invested in by Wanxiang Qianchao Co Ltd and is positioned to serve the international market. To date, the company has been honored as a national key high-tech company, a provincial private technology company, and a provincial secondary enterprise in safety production standardization.
By granting certification to products and services with high standards and high quality, the province is aiming to improve the overall image and competitiveness of both the products and their companies.