Hangzhou New Coordinates Technology Co., Ltd. was established in 2002 as a high-tech enterprise specializing in the research, development, production, and sales of automotive components. The company went public on the Main Board of the Shanghai Stock Exchange on February 9, 2017, under the stock abbreviation "New Coordinates" with the stock code 603040.

New Coordinates Technology firmly believes that only through technological and management innovation can a company truly enhance its overall strength, thereby securing an invincible position in an increasingly competitive market. Therefore, in 2016, New Coordinates Technology partnered with SIPM Software to introduce the SIPM/PLM system. In 2019, the company launched a Phase II project, adopting SIPM Software's process management and project management solutions to achieve comprehensive management across its entire technical department and strengthen its core competitiveness.

Recently, in response to the company's development needs, New Coordinates Technology has deepened its application of the SIPM/PLM system by purchasing additional user licenses, bringing more personnel and business operations under unified system management.

【Company Background】

Hangzhou New Coordinates Technology Co., Ltd. was established in 2002 as a high-tech enterprise specializing in the research, development, production, and sales of automotive components. The company went public on the Main Board of the Shanghai Stock Exchange on February 9, 2017, under the stock abbreviation "New Coordinates" with the stock code 603040.

The company's main products include valve lock clamps, valve spring retainers, hydraulic lifters, roller rockers, mechanical lifters, transmission components, and other precision cold-forged parts. Since its inception, the company has adhered to the philosophy that "technology is the primary productive force," emphasizing independent innovation. It has now established advanced and efficient design concepts for automotive component manufacturing, possessing capabilities in independent R&D, lean production, and management. Furthermore, it has implemented a project and production management system compliant with modern automotive component manufacturing standards, along with comprehensive quality and risk control systems.