According to official website information of Wanxiang Qian Chao Co., Ltd., Wanxiang Qian Chao Company holds the equity of Zhejiang Wanxiang Seiko Co., Ltd. 100, which was established in 1988, specializing in the production of hub bearing unit products. It is a single champion demonstration enterprise in manufacturing industry, a smart factory in Zhejiang Province, and the first batch of future factories in Hangzhou recognized by the Ministry of Industry and Information Technology.
At present, the latest patent of Zhejiang Wanxiang Seiko has a brand-new rim integration system. Moreover, in 2022, it received a new project designation notice from a company and a world-class OEM, and obtained the 100% share designation of a high-end model. The company's main customers include BYD and BYD seals, and it is also one of the domestic standard makers of drive motor system and hybrid power system.