Changfeng Axle is a HK enterprise invested and held by Changfeng Holding (HK) Ltd. Changfeng Axle has been listed on the HK Stock Exchange (stock code: 1039) since September 2010, which is the first overseas-listed company of Axle industry in China. Located at the Economic Development Zone in Lonyan City of Fujian Province and established in 2001, Changfeng has developed rapidly and become one of the largest professional manufacturers of axle assembly, steering axles, drive axles and spare parts like brake drum, axle shaft, steering knuckle, wheel hub, and gear for trucks, buses and construction machineries. Changfeng has established production bases in Fujian, Henan and Sichuan provinces. Changfeng operates 4 wholly-owned subsidiaries, i.e. Longyan Shengfeng Machinery Manufacturing Co. Ltd., Fujian Changfeng Gear Co. Ltd, Kaifeng Changfeng Axle Co. Ltd and Changfeng Axle (Beijing) Research Institute. Covering an area of 533,360 square meters and with assets of USD 35 million, changfeng has 2,600 employees and 400technicians. Its annual output amounts to USD 25 million. Changfeng is a high-tech enterprise in China and a technical center in Fujian province. With its strong technical strength and senior technical talents, Changfeng has strong ability to develop new products. Changfeng has established cooperative relationship of production, study and research with Beijing Research Institute of Mechanical & Electrical Technology and a number of well-known domestic research institutes and universities in China. Changfeng has introduced the most advanced vacuum casting technique in China and produced initiatively the super-strong casting vehicle axle housing. Changfeng owns the most advanced automotive production facilities for brake drum, axle shaft, front axle, steering knuckle and gear in the industry. Changfeng has comprehensive production and manufacturing ability for casting, forging, punching, machining and assembling. Its annual capability is 200, 000pcs of front axle, 200,000 sets of knuckle, 60,000 tons of castings, 200,000 sets of casting drive axle housing, 200,000 sets of punched axle housing, 100,000 sets of axle assembly, 50,000sets of reducer assembly, 150,000sets of differential housing, 300,000pcs of axle shaft and 400,000pcs of brake drum. All its products have passed the test carried out by National Heavy-duty Vehicle Quality Supervision and Inspection Center (Chongqing) and National Motor Vehicle Quality Supervision and Inspection Center (Xiangfan). Its products have won the Famous Brand in Fujian province and Changfeng has passed the quality management certification system of TS16949/QS-9000/IS09001. Changfeng has established long-term and stable cooperative relationship with dozens of domestic and foreign famous truck and bus manufacturers including FAW Group, DFAC, Beiqi Foton Motor Co. ltd. CAMC, Baoji Huashan Engineering vehicles of Shanxi Automobile Group Co., Ltd., Xiamen Golden Dragon Bus Co., Ltd., Xiamen XGMA Machinery Co., Ltd., Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd, Dongfeng Dana Axle Co., Ltd, and NOMA, CAR-MICHAEL and AMM. Over the past 10 years, its products have been exported to Southeast Asia, Africa, Middle East Europe, America and other regions in the world. With years of development and the policy of customer-oriented service, its top-quality products have won the favors of customers all over the world.