ZHEJIANG LAP INDUSTRY CO.,LTD.

Zhejiang LAP Industry Co., Ltd., which specializes in the production of automotive brake calipers for the overseas aftermarket. The company currently occupies 38.3 acres, with a building area of 65,000 ㎡. In 2023, an additional 27 acres of land will be added, with an additional building area of 45,000 ㎡. There are currently more than 400 employees, and the engineering team has 18 years of experience in production management and design development. The company achieved a breakthrough of RMB 65 million in 2018, successfully surpassed RMB 100 million in 2019, RMB 170 million in 2020, and RMB 260 million in 2021. It is expected that the group's output value will exceed RMB 400 million by 2023. The company mainly has 150 machining centers, 80 CNC lathes, 25 CNC milling machines, and other production equipments. The company also has many quality inspection equipments such as brake caliper high/low-pressure sealing performance testing station, brake caliper high/low-temperature performance testing station, electronic caliper performance testing station, brake caliper hydraulic performance testing station, three-coordinate measuring machine, projector, etc., and has established an independent testing laboratory to ensure product quality.