NANTONGGlorson Brake systemCo., Ltd. was established in December 2012, located in Yangkou Port EconomicDevelopment Zone of Nantong City, Jiangsu Province. It is invested andcontrolled by Shanghai JINTAI Group, with a total investment of 200 millionyuan and registered capital of 160 million yuan. The company covers an area of117200 square meters, the first phase of the workshop area is 25000 squaremeters. The company is mainly engaged in the production and manufacture ofautomobile brake pads. After the completion of production, 6 million sets ofdisc brake pads and 4.8 million sets of drum brakes can be produced annually.The annual sales are expected to reach RMB 400 million.