Essence Fastening Systems Shanghai Co Ltd. Stock Analysis 301005.SZ

Essence Fastening Systems (Shanghai) Co., Ltd. engages in the research, development, production, and sale of high-strength precision fasteners and special-shaped connectors. The company is headquartered in Shanghai, Shanghai and currently employs 1,124 full-time employees. The company went IPO on 2021-06-01. The firm mainly operates two reporting segments: Metal Parts segment, including screws and bolts, special-shaped connectors and gaskets, and nuts; and the Plastic Fastener segment, including wire ties, dust caps, etc. The firm's products are mainly used in the connection and fastening of key automotive components of automotive engine turbocharging systems, shift parking control systems, automotive exhaust systems, automotive seats, car lights and rearview mirrors, its products are also used in electronic appliances, communications and other industries.