March 5, 2025 – Shanghai Baolong Automotive Technology Co., Ltd. and BASF (China) Co., Ltd. Forge Strategic Partnership in Shanghai
In a landmark move, Shanghai Baolong Automotive Technology Co., Ltd. and BASF (China) Co., Ltd. have officially signed a strategic cooperation agreement in Shanghai, marking the beginning of a deep collaboration in the field of automotive materials. The partnership aims to jointly explore cutting-edge technologies and products, leveraging the strengths of both companies.
BASF, a global leader in the chemical industry, boasts a rich heritage of material science technology and extensive market experience, consistently driving innovation in the sector. Meanwhile, Baolong Technology, a pioneer in China’s automotive parts manufacturing, has always been committed to technological innovation and product iteration. This collaboration stems from their shared pursuit of technological advancement and a mutually beneficial cooperation philosophy, aiming to propel the automotive industry forward.
According to industry insights from Color Masterbatch Industry Network, the two companies will focus on several frontier areas, including smart air suspensions, autonomous driving, and automotive sensors, to conduct in-depth technical and product cooperation. By jointly developing high-performance materials, they aim to meet the stringent requirements of automotive components for precision, reliability, and durability, bringing more efficient and dependable product solutions to the market. This partnership is poised to drive technological innovation, industrial upgrading, and inject new vitality into sustainable development.
Wang Shengquan, Vice President of Baolong Technology, highlighted that BASF’s leading position in industrial materials complements Baolong Technology’s rich experience and expertise in the automotive parts industry. This collaboration will integrate the strengths of both parties, promoting innovative applications of high-performance materials in automotive components and contributing to the development of the automotive sector.
Su Rongyuan, Vice President of BASF and Head of Engineering Plastics Business, Asia Pacific, Specialty Materials Division, also expressed his enthusiasm. He noted that Baolong Technology, as a global automotive parts enterprise, has achieved remarkable results in multiple product areas. BASF looks forward to joining hands with Baolong Technology to explore more areas for synergistic development and achieve new technological breakthroughs in cutting-edge automotive parts products.