Recently, with the legal services provided by Zhonglun W&D Law Firm, Ningbo Peiyuan Co., Ltd. was successfully listed on the National Equities Exchange and Quotations. The stock abbreviation is “Peiyuan Co., Ltd.”, and the stock code is 873974.

Ningbo Peiyuan Co., Ltd., formerly known as Ningbo Peiyuan Electric Manufacturing Co., Ltd., was established in 2006 and is located in Haishu District, Ningbo City, Zhejiang Province. 

The company’s main business focuses on the R&D, production, and sales of shock absorber components such as piston rods and outer cylinders, as well as hydraulic power steering system components like the piston rods. 

The company is recognized as a national-level “Little Giant” enterprise for specialization and innovation, a national demonstration enterprise for single champions in the manufacturing industry, and a national intellectual property advanced enterprise. It has established a provincial-level research and development center for high-tech enterprises, recognized by the Department of Science and Technology of Zhejiang Province. Additionally, the company served as a principal drafting unit for the group standard “The guide for suspension system modification of passenger vehicle” (T/CAAMTB119-2023). The company’s leading product, the piston rod of automotive shock absorber, has a significant competitive advantage in the market. 

The company currently has over 1,100 employees and its products are exported to dozens of countries and regions, including Europe, America, the Middle East, Japan, South Korea, and Southeast Asia. Leveraging its profound technical expertise and extensive experience, the company has established long-term and stable partnerships with globally renowned automotive component manufacturers. 

As the special legal counsel for this listing, the legal service team from the Hangzhou Office of Zhonglun W&D Law Firm led by senior partners Yanzhou Zhang and Xiaoxia Zhang, partner Hongjie Chen, and including lawyers and legal assistants such as Ning Bao, provided professional and high-quality full-process legal services for Ningbo Peiyuan Co., Ltd..