- Business
- Jiangsu Olive Sensors High-Tech Co., Ltd. (300507.SZ) engages primarily in the research, development, production, and sale of automotive sensors and engineering plastic parts for vehicle manufacturers in China and select international markets including the United States, India, Mexico, Russia, and Germany. Founded in 1993 and headquartered in Yangzhou, Jiangsu Province, the company offers a diversified portfolio encompassing sensors and accessories such as fuel level sensors, pressure sensors, water level sensors, and related components; fuel system accessories; automotive interior decoration parts; and new energy vehicle components focused on battery intelligence and thermal management systems. It operates as a national key high-tech enterprise with over 20 years of expertise in automotive fuel level sensors, positioning it as one of China's largest producers in this category, and maintains self-sufficiency in advanced automotive sensor chip innovation. In recent developments, CALB Group Co., Ltd. (3931.HK) announced in May 2025 its intention to acquire a controlling 11% stake in the company, aiming to integrate it deeper into the new energy vehicle supply chain through strategic synergies in technology, market expansion, and industrial upgrading; additionally, the company consolidated its subsidiary Bonair in Q4 2024, contributing to double-digit revenue growth, and appointed new directors in November 2025 to support ongoing transformation toward intelligent and electrified automotive solutions.