On January 3, 2025, BIBO successfully held its "Gathering Strength for Breakthroughs" 2025 Annual Conference & 2024 Awards Ceremony in Nantong. All employees of BIBO , along with Tsinghua University professors, representatives from Wuhan University of Technology Alumni Association, strategic partners Henglong Group & Baolong Technology, and numerous investors gathered together to embark on a new chapter.
Group Photo at the Annual Conference
At the beginning of the ceremony, Professor Song Jian from Tsinghua University, Liu Qiming, Executive President of Wuhan University of Technology Shanghai Alumni Association, Han Yusheng, Vice President of Henglong Group, and Yin Shufei, Vice President of Baolong Technology, delivered speeches. They shared the latest progress of their cooperation with BIBO , expressed firm support for BIBO 's future development, and extended New Year's greetings to all employees, wishing BIBO greater achievements in 2025.
Speeches by Distinguished Guests
Liu Xingbo, Director of BIBO 's Nantong Manufacturing Center, reviewed the journey from a bare factory to the installation of five production lines, the mass production of full-stack intelligent braking products, and the current achievement of delivering over 300,000 sets annually and over 40,000 sets monthly, fully demonstrating BIBO 's speed, quality, and strength.
Director Liu Xingbo Sharing the Development Journey of the Manufacturing Center
Liu Xiaohui, General Manager of BIBO , led the team in reviewing the fruitful achievements of 2024 and outlining the comprehensive plans for 2025.
Speech by Liu Xiaohui, General Manager of BIBO
In 2024, BIBO achieved remarkable results. The cumulative shipment of full-stack intelligent braking products exceeded 500,000 sets, with monthly deliveries surpassing 40,000 sets. The intelligent suspension air supply system BAS entered mass production through a deep strategic partnership with Baolong Technology, a leading listed company in China. The company established a comprehensive core and application development system, further improved its quality management system, and passed audits by several renowned OEMs. BIBO secured over 40 new projects, bringing the total number of projects and mass-produced models to over 60, with nearly 40 models undergoing winter calibration. Additionally, the company won nearly 20 awards and certifications, including the 2024 Lingxuan Award - Mass Production Gold Medal (One-Box), Forbes 2024 Asia-Pacific Top 100 Companies to Watch, and Geely's "Technology Remote Award." The company successfully completed its Series B financing, introducing strategic investor Henglong Group, and fully realized its XYZ-axis layout.
Gu Xiaoxuan, CFO of BIBO , shared insights into the current market environment and the development prospects of the intelligent chassis sector, highlighting the company's core advantages and IPO plans, laying the groundwork for the official launch of its IPO.
Speech by Gu Xiaoxuan, CFO of BIBO
In 2024, the diligent efforts of BIBO 's employees led to numerous milestones, from the mass delivery of the integrated brake-by-wire system BIBC (One-Box) to the mass production of the intelligent suspension air supply system BAS. These achievements were made possible by every BIBO employee. The Annual Awards Ceremony recognized outstanding teams, visionary teams, Rising Stars, Dedication Stars, and Excellence Stars, who represent the hard work of all employees. In 2024, the diligent efforts of BIBO 's employees led to numerous milestones, from the mass delivery of the integrated brake-by-wire system BIBC (One-Box) to the mass production of the intelligent suspension air supply system BAS. These achievements were made possible by every BIBO employee. The Annual Awards Ceremony recognized outstanding teams, visionary teams, Rising Stars, Dedication Stars, and Excellence Stars, who represent the hard work of all employees.
Additionally, General Manager Liu Xiaohui initiated a dialogue session with the Application Layer Software Development Department, discussing their training plans and sharing resources to enhance professional skills collectively. Liu also engaged directly with the Sales Department, gaining insights into their daily operations.
Dialogue with the Application Layer Software Development Department & Sales Department
BIBO employees showcased their talents, adding excitement to the Annual Conference. The event was filled with enthusiasm and good fortune, with numerous prizes and surprises adding to the festive atmosphere.
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