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Shanghai Composite
Over the past 12 months, Ningbo Xusheng Auto Technology Co Ltd has underperformed Shanghai Composite, delivering a return of +2% compared to the Shanghai Composite's +24% growth.
Stocks Performance
603305 vs Shanghai Composite
Performance Gap
603305 vs Shanghai Composite
Performance By Year
603305 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Ningbo Xusheng Auto Technology Co Ltd
Glance View
Ningbo Xusheng Auto Technology Co., Ltd., nestled in the coastal city of Ningbo, China, has etched itself as a formidable player in the highly competitive automotive parts industry. This company primarily operates in the arena of precision manufacturing, specializing in the production of aluminum alloy components tailored for the automobile sector. Its strategic focus rests on creating high-quality parts, ranging from structural body elements to intricate functional components, which are crucial for both traditional vehicle manufacturing and the burgeoning electric vehicle market. This specialized expertise in crafting lightweight yet robust parts aligns well with the automotive industry's pivot towards efficiency and sustainability, a thriving trend that Xusheng intelligently capitalizes on. The company’s business model hinges on fostering symbiotic relationships with major automotive manufacturers, who increasingly seek innovative, cost-effective, and reliable component suppliers. By embedding itself deeply into the supply chains of these vast automotive enterprises, Ningbo Xusheng ensures a steady stream of revenue, sourced from tailored and large-scale orders of its parts. Its commitment to technological advancement and stringent quality control systems positions it as a preferred partner for many luxury and mainstream automakers, thereby driving its financial growth and expanding market footprint both domestically and internationally. Through a fusion of cutting-edge technology and industry acumen, Ningbo Xusheng Auto Technology Co., Ltd. carves out its success in the global marketplace.
