Zhejiang Dingchi Auto Technology Co., Ltd. is a wholly-owned subsidiary invested by Zhejiang Bangchi Auto Parts Co., Ltd. Zhejiang Bangchi is a fast-growing professional company operating brake shoes. The company was put into production in 2016, and the current annual output of brake shoes has reached 2 million. Bangchi has been approved to supply batches to global companies such as Bendix, Haldex and CIMC. In order to support the fast-growing business, Bangchi invested in a new friction plate production plant Zhejiang Dingchi in 2020.
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