Rubber Leaf Inc (OTC: RLEA) is an automotive components company that manufactures and sells rubber and plastic sealing strips for use in automobile production. Revenue is generated through direct transactional sales to auto OEMs and their first-tier suppliers, with products customized to specific vehicle models. The company operates through Rubber Leaf Hong Kong (RLHK), a subsidiary incorporated on September 22, 2025, following the November 2025 disposal of its former PRC subsidiary RLSP. For the year ended December 31, 2025, RLHK recorded indirect sales through Shanghai Xinsen of $2,398,185 and through Shanghai Huaxin of $2,506,196, both to certified first-tier suppliers of auto manufacturers. The company is a Nevada corporation and a smaller reporting company as of its 10-K filed February 6, 2026. Geographic functional currencies span USD at the holding company level and HKD at the Hong Kong subsidiary, reflecting a shift away from the prior RMB-denominated PRC operations.

Revenue model

Transactional sales of customized automotive rubber and plastic sealing strips, sold directly to auto OEMs or their first-tier suppliers. Orders are model-specific and tend to span multiple years once supplier qualification is established.

Products and services

Automotive rubber and plastic sealing strips, customized to specific vehicle models for auto OEM and first-tier supplier customers.

Customers and end markets

Auto OEMs and their certified first-tier suppliers in the automotive manufacturing sector. End market demand is tied to vehicle production volumes, with stated focus on emerging markets in Asia (excluding Japan), South America, and Eastern Europe.

Value-chain role

Tier-two automotive components supplier. Sells primarily through first-tier suppliers to auto OEMs, with some direct OEM engagement. Supplier qualification is OEM-approved, creating multi-year order stability once onboarded.

Geographic exposure

Operations conducted through a Hong Kong subsidiary (RLHK) as of December 31, 2025, following disposal of the PRC subsidiary RLSP in November 2025. Holding company domiciled in Nevada. Prior operations were RMB-denominated and PRC-based.

Source: SEC 10-K, filed 2026-02-06

Industry: Motor Vehicle Parts & Accessories Peers: Kandi Technologies Group, Inc. Hesai Group