Lianbo Precision Technology

About Lianbo Precision Technology

Jiangsu Lianbo Precision Technology Co., Ltd. is a Chinese manufacturer of metal components for automotive engines, specializing in high-speed stamping stacks like rotors and stators. Founded in June 2008, the parent company is headquartered in Jurong, China. The company serves major automotive clients, including Volkswagen, Audi, Bosch, Brose, and Nidec.

In a significant expansion, the company established its European presence with Lianbo Precision Technology Serbia D.O.O. in Kać, Novi Sad, Serbia. This Serbian entity was registered on June 29, 2023, and inaugurated its first factory outside of China in April 2024. The Serbian facility, located in the CTPark Novi Sad industrial zone, represents a more than €57.4 million investment aimed at creating 500 jobs by 2026. The strategic location in Serbia was chosen over other European countries to serve as a European production base, placing it near the Schengen Zone.

The company's core business involves the research, development, manufacturing, and sales of high-precision rotors and stators. These components are critical for various automotive applications, such as EV propulsion motors, A/C systems, ABS motors, power steering, oil pumps, and seat motors. The manufacturing process utilizes advanced technologies like high-speed precision stamping and CNC machining to ensure quality and efficiency. The Serbian plant currently produces key components for Volkswagen engines. The business model is focused on providing professional support services to multinational companies within the global automotive parts industry. In 2022, the parent company reported revenues of approximately €100 million.