FUCHS China and ADD Industry (Zhejiang) Signed Strategic Cooperation

On November 13th, FUCHS China and ADD Industry (Zhejiang) signed a strategic cooperation agreement in Yuhuan, Taizhou.

ADD Industry (Zhejiang) is one of the earliest domestic companies engaged in business of shock absorbers of vehicle suspension system for nearly two decades, and undoubtedly a leading company. With its outstanding product quality and remarkable innovation capabilities, it has received extensive acclaim in the international market. The signing of this strategic cooperation agreement represents a perfect combination of technological and market resources and also reflects a high level of recognition of each other's brand strength.

Zheng Nianhui, Chairman of ADD Industry (Zhejiang), Lin Zhongqin, the CEO, along with Zhu Qingping, CEO of FUCHS China, Oscar Xie, the VP of Automotive OEM Sales, Marc Neel, the VP of PMA, and others, jointly witnessed this milestone moment.

Chairman Zheng of ADD Industry (Zhejiang) stated that through the strategic cooperation with FUCHS China, ADD Industry (Zhejiang) will continue to take the world-class counterparts as the benchmark, keep improving, and comprehensively enhance its competitiveness. He firmly believes that this cooperation will bring new development opportunities for ADD Industry (Zhejiang) and promote it to achieve higher-quality development.

Zhu Qingping, CEO of FUCHS China, said that through the cooperation with ADD Industry (Zhejiang), he has deeply appreciated the first-class standards of Chinese local companies in the construction of software and hardware facilities as well as cultural inheritance. This not only lays a solid foundation for this cooperation but also paves the way for Chinese companies to enter the global market. He firmly believes that through this cooperation, both parties will surely achieve the goal of mutual benefit and win-win results and jointly explore a broader market.

The scope of this strategic cooperation is not limited to shock absorber oil. The two parties will carry out more extensive and in-depth cooperation in aspects such as technical exchanges, R&D, and market expansion, to provide customers in China and even globally with higher-quality products and services, and jointly inject powerful impetus into the development of shock absorber oil and related industries!