Nanyang Cijan Automobile Shock Absorber Co Ltd
Nanyang Cijan Automobile Shock Absorber Co Ltd （南阳淅减汽车减振器有限公司）is a three industry-based listed company that specializes in the production of automotive shock absorbers, automobile gear, high-speed train shock absorbers, and urban rail shock absorbers. The company has eight subsidiaries in Haikou, Wenzhou, Ordos, Liuzhou, Italy, Nanyang, and two other places.
The company mainly supplies absorbers for around 40 well-known car manufacturers, including FAW-Volkswagen, Shanghai Volkswagen, Dongfeng Nissan, Shenlong Automobile, Yutong Bus, and China Automobile Group. It has 15 percent of the domestic market share.
In April 2011, the company's acquisition of the Italy Way-Assauto shock absorber company brought its automation equipment and R&D capabilities to a world-class level. In November 2011, the company was listed on the Hong Kong Main Board, which not only helped the company develop a financing platform, but also laid the foundation for its expansion into international markets.
Nanyang Cijan Automobile Shock Absorber Co is currently China's largest producer of shock absorbers.