■Huahong Automobile Brake Element Co., Ltd. has total project investment of 12 million U.S. dollars, and registered capital of 8.5 million U.S. dollars. The company introduces advanced overseas technologies and equipments, mainly manufactures and sales drum/dish auto brake pads, with an annual production capacity of 6 million sets of passenger car brake pads and 3,000 tons of large brake pads for commercial vehicles. It has passed ISO9000/TS16949 international quality system certification earlier in the industry. More than 70% of its products are exported to international markets.
■The company now has state-level experts, academics and technical councilors, with the national key universities and research institutions as the powerful technical backing. There are 15 people in technology research and development center, 8 with medium-grade or senior title of professional post, including 1 doctor and 3 masters, and a large number of professional engineers dedicated to product development.
■The company invests large funds for research and development every year, purchases advanced research and development and testing equipments, manufacturing processes and test instruments. The company constantly melts new materials, new technologies and new processes into products to keep the product research and development strength in the front of the industry.