Company Description

Our mission is to manufacture and supply competitive products, i.e., structural components and accessories of passenger vehicles, trucks, and trains, through innovative computer numerical control (“CNC”) sheet metal cutting, stamping, die casting, molding, and wielding processes, as well as optimized economy of scale, effective quality control, and efficient production plant management. Through our operating subsidiaries, we manufacture and sell components and accessories of passenger automobiles, trucks and train cars in China. In 2002, Mr. Zhucheng Zhang founded the Auto Parts Co. in Wuhu City, Anhui Province, China. In 2009, Mr. Zhucheng Zhang founded Technology Co., also in Wuhu City, Anhui Province. Since their inceptions, Auto Parts Co. and Technology Co. have manufactured automotive parts and accessories, specifically, automotive structural components. Mr. Zhucheng Zhang served as the chairman of the board of directors, legal representative, and general manager of both companies since their inceptions. In 2016, Auto Parts Co. expanded its product lines to include parts and accessories of railroad cars. June 2024 Mr. Xin Zhang replaced Mr. Zhucheng Zhang as the chairman of the board of directors, legal representative, and general manager, of Auto Parts Co. and Technology Co. In 2016, Auto Parts Co. expanded its product lines to include parts and accessories of railroad cars. Through a series of additional equity investments and transfers, Mr. Xin Zhang eventually also acquired substantial equity interests in both companies. In 2024, as part of a reorganization, International Co. became the ultimate holding company of both Auto Parts Co. and Technology Co. We have experienced significant growth since our inception. In addition to our ability to develop and maintain customers, our growth is also attributable to our high standards in the management of our operations, in the quality control of our products, in our customer service, in establishing and maintaining our reputations, and in expanding our brand recognition, as well as in striving to be innovative in the technologies that we applied to our manufacturing process. As the date of this prospectus, we have 37 unexpired registered patents in the PRC, including six invention patents and 31 utility model patents, and three trademarks registered in the PRC. Our notable products include a liquefied natural gas (“LNG”) cylinder frame for trucks, which is lightweight, easy to install and uninstall, cost-effective, and has a good safety profile, compared to conventional LNG cylinder frames. Because our LNG cylinder frame is not as heavy as conventional LNG cylinder frames, it also improves the fuel efficiency and consequently reduces the carbon emissions, of the trucks equipped with it instead of conventional heavy LNG cylinder frames. In 2019 alone we manufactured more than 28,000 units of our LNG cylinder frames. According to the F&S Report, as of 2023 we are the largest supplier in China’s LNG cylinder frame market, occupying 22.7% of the market share with a sales revenue of RMB115.6 million. Technology Co. also co-developed a sliding welder cargo with China Railway First Group Material, Trade and Machinery Co., Ltd. When the set is plugged into an external electricity source, it allows workers to perform welding of transported materials inside the cargo before hoisting the materials out. When used to assemble box beams of highspeed railroads, this set reduces the difficulty and labor intensity in the construction of highspeed railroad tracks. Since 2002, we have expanded our manufacturing facilities multiple times, increased the number of our employees to over 200, and increased our annual revenue to approximately US$30 million in the year ended December 31, 2023. In 2009, 2012, 2013, and 2015, we were named a superior supplier by Chery Automobile Co., Ltd., one of the top 10 automobile manufacturers in terms of total sales volume and the largest automobile manufacturer in terms of total export volume in China in 2023, according to the F&S report. --- Our principal executive offices are located at 11 Mt. Henglang Road, Wuhu, Anhui Province, People’s Republic of China. Our telephone number at this address is +86 553-3022021. Our registered office in the Cayman Islands is located at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, George Town, Cayman Islands, and the phone number of our principal executive office is +86 553-3022021. Our agent for service of process in the United States is located at 611 North Carolina Avenue S.E., Washington, DC 20003.