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ADD Industry（Zhejiang）Corporation Limited is one of the earliest domestic companies engaged in business of shock absorbers of vehicle suspension system for nearly two decades. In 2016, approved by the China Securities Regulatory Commission, it was listed on the main board of the Shanghai Stock Exchange on January 26, 2017 (Stock abbreviation: ADD Industry; Stock code: 603089).

ADD Industry is a manufacturer and integrated services provider for automotive aftermarket，completed vehicle matching and processing, providing integral solutions for the suspension strut assembly. ADD Industry has strong modular and systematic manufacturing capability of products, synchronous development capacity and design capacity of overall surpport solution. ADD Industry has been a leading enterprise in automotive shock absorber industry in China, and has considerable influence and market position in international markets in terms of technology，quality，production capacity and products variety.

ADD Industry always holds the Enterprise Philosophy “ADD VALUE FOR CUSTOMERS” whole-heartedly, sticks to the development strategic core, lean manufacturing of professional automotive suspension system, makes in-depth development of R&D and manufacturing technology, is committed to promoting the China automobile shock absorbers to reach the international advanced level, and continuously endeavors to transform from the modes of automotive aftermarket, vehicle matching production, and processing to providing overall solutions for design and manufacture of automotive suspension systems. ADD Industry has 9 major categories and over 9000 types of automotive shock absorber products, covering the majority of vehicle models around the world. Recently ADD Industry has taken the first place in domestic export of automotive shock absorbers, and become a high-quality strategic partner of many international large-scale parts companies, as well as the OEM supplier for a number of domestic vehicle manufacturers.

ADD Industry has obtained ISO/TS16949 Quality Management System Certificate. ADD Industry is granted the titles “Leading Enterprise in China Automotive Shock Absorber Industry”, “National Automobile Parts Export Base Enterprise”, “Implementation Organization of National Torch Program”, “Key High-Technology Enterprise of National Torch Program”, “Key Enterprise for Creating Famous Brands of National Township Enterprises”, “Integrity Model Enterprise in Zhejiang Province”, “AAA Credit Enterprise in Zhejiang Province”, and “High-Technology Enterprise in Zhejiang Province”. ADD Industry has established “ADD Automotive Shock Absorber R&D Center” which is regarded as “Provincial Enterprise Technology Center” and “Provincial High-Technology Enterprise R&D Center”. The center has developed five major categories of provincial new industrial products. Two of them are granted National Torch Programs, and three are recognized as Provincial High-Technology Products. 29 national patents are obtained successfully.

With the advantages in scale, technology, manufacturing and brand etc, ADD Industry optimized product structure adjustment and upgrading. ADD Industry continues to push forward internationalized marketing strategy, and develop the balanced business relations with high-end customers in various regions, forming the market control with relative advantages. ADD Industry strengthens the domestic marketing efforts, actively promotes and implements brand strategy, and increases the domestic market share. ADD Industry has been deepened the cooperation and technical researches with completed vehicle manufacturers, improved the abilities of understanding the demands and meeting the needs of automotive manufacturers, assisted customers to improve their market competitiveness, and added value for the customers.

Our products, services, and the spirits of the entire enterprise are in consistence with the public interest. The corporation will further improve the corporate governance structure, improve the modern enterprise management system with execution power as the core, promote the construction of modern enterprise system, establish an effective decision-making mechanism and internal control mechanism, realize the scientific decision-making and standardization of enterprise decision-making, and create value for society.