On October 18th, JSTP Precision Forging Technology Group announced that the company will build a new high-end gear precision forging production base.
JSTP has ranked first in the industry in China in production and sales for more than ten consecutive years. It was successfully listed on the Shenzhen Stock Exchange in 2008. It is a foreign joint venture brand for Volkswagen, Audi, Mercedes-Benz, BMW, Porsche, GM, Ford, Toyota, Nissan and many other independent brands. Precise forged parts are provided worldwide for models.
JSTP is a leading enterprise in the industry that masters advanced gear mold design, development and manufacturing core technology, adopts cold, warm, and hot precision forging technology, and specializes in manufacturing automotive gears.
Xia Hanguan, chairman of JSTP, said that as an important agglomeration area of China's automobile manufacturing industry, central China has a large scale of equipment manufacturing. The start of construction of the "High-end Gear Precision Forging Production Line Project" will further promote the company's market layout and business expansion and transformation in the southwest region, and expand the supporting business of the independent brand market.