Zhejiang LAP Holding Group was established in June 2021, formerly known as Zhejiang LAP Industrial Co., Ltd , a company specializing in the production of automotive chassis parts located in Chang'an Town, Haining City with convenient transportation. 

    The group currently has four subsidiaries, including Zhejiang LAP Industry Co., Ltd., which specializes in the production of automotive brake calipers for the overseas aftermarket; Zhejiang Juchuang Precision Manufacturing Co., Ltd., mainly producing automotive brake calipers, brackets, and steering knuckles for the domestic OEM market, such as BYD, Great Wall, Wuling, etc.; Zhejiang UTS Auto Parts Co., Ltd., mainly sells automotive spare parts; and Haining Youtesi Auto Parts Co., Ltd., mainly produces suspension parts for both domestic and foreign markets.
 The group currently occupies 38.3 acres, with a building area of 65,000 ㎡. In 2023, an additional 27 acres of land will be added, with an additional building area of 45,000 ㎡. There are currently more than 400 employees, and the engineering team has 18 years of experience in production management and design development. The company achieved a breakthrough of RMB 65 million in 2018, successfully surpassed RMB 100 million in 2019, RMB 170 million in 2020, and RMB 260 million in 2021. It is expected that the group's output value will exceed RMB 400 million by 2023.
The company mainly has 150 machining centers, 80 CNC lathes, 25 CNC milling machines, and other production equipments. The company also has many quality inspection equipments such as brake caliper high/low-pressure sealing performance testing station, brake caliper high/low-temperature performance testing station, electronic caliper performance testing station, brake caliper hydraulic performance testing station, three-coordinate measuring machine, projector, etc., and has established an independent testing laboratory to ensure product quality.