Zongshen Industrial Group was founded in 1992, and now consists of 30 totally owned or share –controlled subsidiaries (including Zongshen Power, a public listed company). The number of staff is over 13 thousand and total assets exceed RMB 4 billion Yuan. Its engine products mainly include motorcycle engines, mini-car engines, speedboat engines, general purpose machinery. Its end products mainly include motorcycles, speedboats and various power equipment. Now it has an annual production capacity of 2, 000, 000 units of motorcycles, 50, 000 mini vans, 4, 000, 000 units of motorcycle engines, 5, 000, 000 units of general purpose engines, 200, 000 units of mini-van engine. Zongshen Industrial Group is ranking top in economic strength in China motorcycle industry. Since December 2006, Zongshen Industrial Group has applied for 1800 pieces of patent to National Intellectual Property Bureau and nearly 1400 pieces gained patent license., which ranks 3rd place among China private enterprises . The marketing network of Zongshen Industrial Group has been built worldwide, with its subsidiaries USA, France, Vietnam, Korea, Thailand and the representative offices in Indonesia, Iran, Philippines, Pakistan and Nigeria. Now the products have been exported to more than 100 countries and regions, and trademark of Zongshen and Zipstar have been registered in more than 120 countries. In 2002, Zongshen was the first one to gain the license of CCC for its engines. In June 2003, Zongshen Was among the first ones to pass the Motorcycle Industry Qualification Evaluation. In 2004, the brand of Zongshen gained the title of Famous Chinese Brand and Zongshen Trademark awarded the Famous Chinese Trademark. In 2005 Zongshen ranked the Top 500 Chinese Enterprises, and Famous Chinese Export Brand. Zongshen Racing Team, established in 1999, is the only racing team that takes part in international World Endurance Championship on behalf of China. In 2002, Zongshen Racing Team won the Champi