Established in 1995, BYD is a top high-tech enterprise in China specializing in IT, automobile, and new energy.
In 2003, BYD officially entered the automotive business by purchasing the Tsinchuan Automobile Company Limited (now BYD Auto Company Limited) and started to develop national self-brand automobiles. With seven major industrial bases in Xi’an, Beijing, Pingshan, Huizhou, Shanghai, Changsha and Shaoguan, BYD now has world-class capabilities in whole-car manufacturing, mould R&D, as well as auto model development and it has gradually consummated its business structures and grown up to be the most innovative new brand in China.
Founded in 1992, Lifan Industry (Group) Co. Ltd (hereinafter called Lifan Group) with more than 13,653 employees is one of the biggest private-owned enterprises in China. Over the past 18 years, specializing in research and development, manufacturing and marketing (including international trade) of automobile, motorcycle and engine, Lifan Group has rapidly matured into a prestigious enterprise with the integration of financial sector, real estate and football industry. In 2009, Lifan won a sales income statistics of 13.3 billion RMB, and 380 million USD for exportation.