Dare Auto, Inc.

FZB Technology, Inc. (FZB Technology) was founded in 2013 in Plymouth, MI as a subsidiary of Fuxin Dare Automotive Parts Co., Ltd. Founded in November of 2004 and headquartered in Liaoning, China, Fuxin Dare Automotive Parts Co., Ltd. occupies 116 thousand square meters of space, employs over 900 people and generates a yearly sales income in excess of 100 million USD. FZB Technology was developed to serve the North American market on Research and Development, Prototyping and Marketing for Electro-Hydraulic Power Steering (EHPS) pumps, Electrical Oil pumps (EOP) and Electrical Cooling/Water pumps (ECP/EWP). In addition to the EHPS, EOP, ECP/EWP pumps products, FZB Technology specializes in passive entry passive start (PEPS) ECUs, smart brushless motor products and other body-electronics products. Adopting “Technology, Innovation, Service” as its guidance and mission, FZB Technology will continue to focus on innovation, technology, management, and service, and to grow its business by providing system solutions to automotive OEMs, and to build a world-class leading automotive parts enterprise. FZB Technology, Inc. is committed to 100% customer satisfaction by implementing the ISO/TS 16949:2009 best-in-class practices. FZB Technology, Inc. is committed to conducting business in accordance with applicable laws, rules, and regulations and in an ethical manner. Fuxin-Dare listing number in the Shenzhen stock exchange is 300473