ZHENGFEI FITNESS CO. LTD. - China

Long has already become a nationwide famous corporation after its decade rapid growth. Headquartered in Taizhou City of Zhejiang Province, a city with excellent location for both transportation and communication, Zhengchao Group has been investing nationwide. By the end of 2003, the company covers a land over one million square meters throughout the country, and has over two thousand employees, and reached the annual revenues of export over twenty million US Dollars. The total annual turnover of the group company will reach the goal of three billion RMB Yuan. Starting from scratch, Zhengchao Group has been developing businesses in many different industries 10 years. In Taizhou, as a mother company, Zhengchao Group produces mainly motorcycles with an annual production capacity over 100  

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thousand pieces. Zhengchao Parts & Fittings Company, one of tens of the subsidiary companies of Zhengchao Group, manufactures plastic coverage for motorcycles as well as automobiles up to one million sets yearly. In Taizhou, another two Motorcycle Co. Ltd. produce motorcycles with their own brands up to 100 thousand pieces per year. Recently, Zhengchao Group is executing a strategic plan investing hundreds of million RMB to establish manufacturing bases for automobiles and parts in China. By the end of 2004, Guangdong Automobile Base itself will reach the production capacity of 30 thousand automobiles.