¡°Huaihai¡± represents ¡°ocean¡±. As ocean is spacious and endless, passionate and surging forward, Huaihai is presenting her lofty aspirations of gathering talents wide and making great causes. Established in 1976, Huaihai Holding Group is rooted in Huaihai land, with the profound cultural heritage of Han Dynasty and the manufacturing background as the capital of China Mini Vehicles. Over the past 40 years, Huaihai has been committed to the technology research and development,vehicle manufacturing and marketing services in the field of mini vehicles and new energy automobiles. With 3 major brands of Huaihai, Zongshen and Hoann, Huaihai is running 10+ wholly-owned subsidiaries and 6 manufacturing bases in Xuzhou, Chonqing and other places, as well as oversea bases in Pakistan, India, Chile, Peru and Indonesia. Now Huaihai is the global leader of mini vehicle manufacturer with the most comprehensive strength and largest business scale in the world, with main business covering Small Vehicles, Electric Auto, Core Accessories, Overseas Business and Modern Finance. 1.Mini Vehicle Sector With the characteristics of multi-area production and multi-brand operation, Xuzhou Base is a major mini vehicle manufacturing base of the Group and the cradle of Chinese tricycles. In this base, Jiangsu Zongshen Vehicle Industry Co., Ltd, Xuzhou Zongshen Electric Vehicle Co., Ltd, Jiangsu Huaihai New Energy Vehicle Co., Ltd, and Jiangsu Zongshen Special Vehicle Co., Ltd are respectively located in Xuzhou Economic and Technological Development Area, Xuzhou High-tech Development Zone, Fengxian Industrial Park and Tongshan District Zhangji Area. To expand the mini vehicle market in the south-western regions, Chongqing base is constructed and situated in the Bishan National High-tech Zone of Chongqing city, and now is becoming the leading mini vehicle manufacturing base with strong R&D capabilities, the largest production and sales volume as well as the most comprehensive strength in southwestern China. 2.Automobile Sector As the Group¡¯s second start-up, the Automobile Sector is a major industrial upgrading project to implement the high-quality development strategy and to create the centennial enterprise. Located in Xuzhou High-tech Zone, the project occupies an area of 930,000 square meters with total investment of 5 billion RMB and annual production capacity of 500,000 units. 3.Overseas Business Sector The Group¡¯s overseas business has great competitive advantages based on its own brands, core technology and perfect market networks. Its vision is to build an international and lithium mini vehicle leading enterprise with No.1 sales volume and No.1 brand. By accelerating the expansion of overseas business and creating new growth points in mini vehicles, electric automobiles and vehicle accessories business, the international business scale strives to account for more than 30% of the Group¡¯s by the end of 13th Five-Year Plan. So far, the Group has established multiple overseas bases, and its overseas marketing network in the Two-wheel bicycles, Electric scooters, Motor tricycles, Electric tricycles and Automobiles has covered over 100 countries and regions. Meanwhile, it has been awarded the Contribution Award to Xuzhou Open Economy and Foreign Trade Growth for many years, and has become the practice base for overseas students of CMUT University. 4.Core Accessories Sector The Core Accessories sector is an important part of the Group industrial chains. Located in Xuzhou High-tech Development Zone, its base is the national high-tech enterprise integrated with the R&D, manufacturing and services in motor driving system, control system, illuminating system, instrument system, electric vehicle field control system and chassis transmission system for mini vehicles and new energy automobiles. With the Group¡¯s advantage of whole vehicle marketing scale, the base is proactively building a 10 billion-level core accessories industry ecological chain. While introducing and expanding high-tech accessories for mini vehicles, the base also develops high-tech businesses such as electric vehicle VCU, MCU, lithium battery PACK, BMS, and etc.   5.Modern Finance Sector Based on Huaihai Tianxi investment platform, the Financial Service Sector of Group focuses on the modern finance business in capital market, equity investment, asset management, consumer finance and industry fund. Relying on the advantages of Group¡¯s entity sector, the development pattern is gradually formed by the integration of industry-finance and complementary development so as to contribute to Group¡¯s capital strength for reinvestment and redevelopment. The Group¡¯s total assets and business scale have exceeded 10 billion RMB, and its marketing networks cover 100 countries and regions around the world while ranking No. 1 in the market sales volume for 14 consecutive years, No. 1 in mini vehicle export and No. 1 in the logistics vehicle industry. Up to the end of 2020, the cumulative production and sales volume of small vehicles reached 21.8 million units, thus honored as the world¡¯s Guinness record holder and the global leader in mini vehicles. Huaihai Holding Group is the Outstanding Enterprise in Chinese Machinery Industry, National High-tech Enterprise, the Ten-billion-scale Enterprise in Jiangsu Province, the Outstanding Private Enterprise in Jiangsu Province, the Winner of Jiangsu Quality Award, the Leading Manufacturer in Jiangsu Province, and the Advanced Enterprise in Quality and Efficiency in Jiangsu; China Top 100 Private Enterprises, China Top 100 Private Manufacturing Enterprises, China Top 500 Machinery Enterprises, Jiangsu Top 100 Private Enterprises. The Group has actively undertaken the responsibility of social citizens, and has won the Most Loving Charity Enterprises of the state, provinces and cities for consecutive years.