The company was founded in 1949, and began to be involved in the manufacture of agricultural tractor oil pumps in the early 1960s of the last century, and gradually expanded into the manufacture and sale of oil pumps for automobile engines; a joint stock company was established in July 1994 and restructured into a private joint-stock enterprise in 2002. Today, the company's products cover engine and vehicle pump products, transmission devices, precision molding, motors, intelligent equipment, electronic power steering systems/electronic control units, new energy wire control products, etc., from single-type small products to uniformized/modular products, from traditional pumps to new energy electric pumps, achieving full coverage of mechatronic and intelligent products. The company continues to implement the strategic goal of “energy saving, integrated modularity, electrification, new energy, and weight reduction”. While grasping the key and important components of engine (or internal combustion engine) systems — engine pump products, the company continues to enrich its product line, making major breakthroughs in the fields of transmission/transmission oil pumps, electronic pumps, motors, etc., achieving widespread application among major domestic and foreign customers, and consolidating the company's global business; at the same time, the company actively develops the new energy auto parts business to ensure the company's sustainable growth; at the same time, the company actively implements intelligent driving executive control systems in the field of engine (or internal combustion engine) systems. Iterative technological upgrades and application scenario promotion layout have enabled the company to further develop in the intelligent driving industry chain. The main products include engine variable displacement pumps, quantitative pumps, automatic transmission pumps, electronic pump products, motor products, intelligent driving executive control systems, and other business development. The company was recognized as a “national high-tech enterprise”, a “leading enterprise in China's internal combustion engine parts industry”, a “national technological innovation demonstration enterprise”, and the company's technology center was recognized as a “national certified enterprise technology center”, “Hunan automotive engine oil pump engineering technology center”, “machinery industry vehicle oil pump engineering research center”, etc. The company has won national and provincial new product awards many times. The “Xiangjiang” brand oil pump it produces has been recognized as a “famous brand product of Hunan Province”, and the “Xiangjiang” trademark it owns has been recognized as a “famous trademark of China” and a “famous trademark of Hunan Province”. The company has received honors such as “Strategic Supplier”, “Excellent Supplier”, and “Best Quality Award” from OEMs for many years.
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