Chongqing Zongshen Automobile Industry Co., Ltd. (hereinafter referred to as “Zongshen Motorcycle”) is one of the core subsidiaries of Zongshen Industrial Group. As a large-scale comprehensive enterprise, it mainly manufactures and sells motorcycles, E-bikes, motorcycle spare parts, automobile spare parts and IT spare parts etc… It includes two-wheeler division, electric bike division, injection division, welding plant, painting plant, South China motorcycle division and R&D center. The company has assets of over RMB 1.18 billion, more than 3,000 employees, and has the annual output of 4 million motorcycles, E-bikes and three wheelers and more than 7 million pieces of key & important components. Zongshen Motorcycle adheres to the group’s strategic vision of “global influence, everlasting vitality” and the principle of “excellent manufacturing, international cooperation and leading technology”. It mainly manufactures series of generalized products targeted at motorcycles and has established a complete set of technical research and development system, production & manufacturing system and quality assurance system. Zongshen Motorcycle owns two famous brands, “Zongshen” brand and “Zipstar” brand, whose products are independently developed by Zongshen and have independent intellectual properties. The two-wheeled motorcycles, E-bikes and three wheelers produced by Zongshen have 9 series, as well as more than 200 kinds, including tour series, road series, street series, scooter series, chopper series, functional series, sport series, cub series and dirt bike series, and the quality and technology remain in a leading position in China.