since 1976
since 1976
Sapura Industrial Berhad (SIB), one of Malaysia’s leading automotive component manufacturers, is proud to announce a landmark joint venture (JV) partnership with Zhejiang Zhongze Precision Technology Co. Ltd (ZZ Tech), a fast-growing precision component specialist from China.
This JV solidifies SIB’s growth and expansion strategy, as it takes its capabilities, experience, and expertise in automotive component manufacturing into battery component manufacturing. The JV will focus on producing high-precision storage battery casings.
“This partnership reinforces SIB’s position as a trusted, high-quality manufacturing partner, not just within the automotive sector, but across a broader spectrum of precision components,” said Fazal Othman Mohd Ghazal, President, Industrial Business, SIB.
Battery component manufacturing is an essential part of the lithium battery ecosystem. This JV also signifies a major milestone in the company’s diversification strategy; it represents SIB’s entry into the energy storage and battery ecosystem. SIB’s growth and diversification supports the critical economic sector, aligned with Malaysia’s National Energy Master Plan and the global shift toward electrification and cleaner technologies.
ZZ Tech, a key supplier in in China’s new energy manufacturing ecosystem, is establishing its presence in Malaysia. By combining SIB’s precision manufacturing capabilities and deep understanding of the Malaysian market with ZZ Tech’s technical know-how and established global customer network, the partnership is well-positioned to support the expanding demand for energy storage solutions in the region and beyond.
“We are excited to partner with Sapura Industrial Berhad to bring our precision engineering capabilities to Malaysia. SIB’s strong local expertise and track record in high-quality manufacturing make them an ideal collaborator as we expand our footprint in Southeast Asia,” said Li Xin, Vice President of Zhejiang Zhongze Precision Technology Co. Ltd.
