Will Zhejiang Shibao be reorganized?

No, it has been confirmed that Zhejiang Shibao Group has no plans to continue to transfer its equity, and there is no asset restructuring or other major issues. No. Shibao specializes in the research and development and production of steering system products of steering gear power steering gear, forming five product systems: circulating ball steering gear, rack-and-pinion steering gear, electric power steering gear, steering oil pump and steering knuckle.