Zhejiang Yuanbang New Energy Power Co., Ltd. was jointly invested and established by the former shareholder of Zhejiang Yuanbang Power (90%) and the core management of the enterprise (10%).
The company focuses on the research and development, manufacturing, and sales of new energy vehicle drive motor shafts and gearbox gear shafts, with Geely, BYD, Chery, SAIC General Motors Wuling, Sany Heavy Industry, Shaanxi Automobile Heavy Truck and other enterprises as its main products.

As the main customer group. The company has collaborated with the Taizhou Research Institute of Southern University of Science and Technology to establish a New Energy Power Technology Innovation Center, developing intelligent testing equipment, material characteristics, and heat treatment processes.
The company adheres to the business philosophy of integrity and win-win, innovation and excellence, and strives to build an intelligent chemical factory, striving to become an excellent enterprise in the new energy vehicle industry.