- Business
- Fulin Precision Co., Ltd. (300432.SZ) engages in the research, development, manufacture, and sale of high-precision automotive engine components primarily in China. The company produces hydraulic tappets, mechanical valve tappets, hydraulic tensioners, rocker arms, variable valve actuation systems including VVT and VVL, nozzles, direct injection systems, VVT and OCV components, piston cooling jets, auto-tensioners, high-precision machining parts, automatic transmission components, and fuel injectors; it serves major automakers and engine manufacturers with products that meet international standards and hold over 50% domestic market share in hydraulic lifters. Founded in 1997 and headquartered in Mianyang, Sichuan Province, China, Fulin Precision operates within the automotive parts industry, targeting passenger vehicles, commercial trucks, and new energy vehicle applications through its advanced manufacturing facilities. Formerly known as Mianyang Fulin Precision Machining Co., Ltd., the company changed its name to Fulin Precision Co., Ltd. in December 2020 to reflect its expanded scope; it recently agreed to acquire a 40% stake in Jiangxi Shenghua New Materials Co., Ltd. from Contemporary Amperex Technology Co. Limited (CATL), marking a strategic entry into new energy vehicle battery materials, and maintains over 300 authorized patents while participating in industry standards for engine valve components.