As the first vehicle manufacturer in Laiwu, Shandong Haoyu Vehicle Co., Ltd. is a key project supported by the local government and a growing SME supported by the Shandong provincial government. Founded in 2005 with total investment of 400 million Yuan, our company covers an area of about 30 acres, with a built area of 60,000 square meters. Currently, we staff over 300 employees, including 60 engineers and technicians, and more than 120 employees with junior college diplomas or above. Liaoning Linghe Automobile Manufacturing Co., Ltd. is the holding subsidiary of Shandong Haoyu Vehicle Co., Ltd. Located at No. 66 Wenhua Road, Lingyuan City, this area is a famous cultural city in the west of Liaoning Province. Founded in 2007, with a total investment of 200 million Yuan, our subsidiary covers an area of about 33 acres, with a construction area of 38,000 square meters. Currently, this company has over 200 employees, including 40 engineers and technicians, and more than 98 employees with junior college diplomas or above. At present, the total assets of our company amount to 874 million Yuan. Boasting domestically advanced vehicle welding lines, coating lines, assembly lines and computerized monitoring lines, we can thereby produce 100,000 vehicles and refit 50,000 vehicles annually. Our company holds approval from the Development and Reform Committee of China to manufacture automobiles, special purpose vehicles, derivative tractors and low-speed cars. With an "Auto Export License" jointly granted by five ministries, including the Ministry of Commerce, we are a Deputy Chairman Unit of the China Foreign Trade Economic Cooperation Enterprise Association. Therefore, we are one of the best qualified enterprises in terms of vehicle production and trade in China.