Chongqing Hijoy Industry Group Co., Ltd.

Established in ***5, the Company changed its name from Sichuan Mining Machinery Plant to Chongqing Hijoy Mechanical & Electrical Co., Ltd. due to restructuring in ***0, and was renamed as Chongqing Hijoy Industry Group Co., Ltd. in ***0. Located in Yubei Airport Industrial Park in Chongqing, with a coverage of over **0 mu, the Company is a large private enterprise with an integration of research and development, manufacture and sales of motorcycles, gasoline engine and relevant supporting products, having a ***-thousand-square-meter domestic top modern industrial plant, with a total assets of RMB**5 million and over ***0 employees, of which, over **0 employees are various kinds of engineers and technicians. The Company mainly produces *5CC***0CC motorcycles and gasoline engines, as well as general machinery of more than **0 varieties in many models, having an annual production capacity of 2 million of motorcycles and 3 million of engines, and now has grown to be the biggest professional motorcycle manufacturer in Chongqing.

Having been granted with €˜Motorcycle Production Permit€™ by the Ministry of Industry and Information Technology of PRC, the Company has passed ISO***1:***8 international quality system certification and ISO****1:***4 environmental management system certification, and obtained the qualification to export various motorcycles jointly examined and granted by the Ministry of Commerce, China Quality Certification Center, Ministry of Industry and Information Technology, General Administration of Quality Supervision, Inspection and Quarantine and General Administration of Customs. There are **7 vehicle models in six brands, such as Hijoy, Shancheng, Jiaguan, Donghong, Jinhong and Huajun, which have been permitted to produce by Ministry of Industry and Information Technology and China Quality Certification Center and passed compulsory CCC certification by China Quality Certification Center; besides, another *4 categories have passed E-MARK certification by European Union. Since ***4, the Company has been cited as an €˜AA€™ credit enterprise for consecutive seven years by the Industrial and Commercial Bank of China in Chongqing and a €˜Credit Integrity Entity€™ by Chongqing Bank Association. Since ***8, the Company has consecutively been rated as key industrial enterprise by the People€™s Government of Yubei District, Chongqing.

The Company has 3 subsidiaries (in Weihai in Shandong, Renqiu in Hebei and Taizhou in Zhejiang), *2 sales companies (including sales companies in Mexico and Myanmar), and ***1 sales networks in *1 provinces, municipality directly under the Central Government and autonomous regions throughout China, with its products sold not only in China but also to over *0 countries and regions such as Southeast Asia, Middle Asia, Middle East, South America, North America, Eastern Europe, Africa, Russia, etc., having gross industrial output value of RMB2.7 billion in ***3.

Depending on the strong points of long-term research and development and manufacture of motorcycles and engines, the Company enters the market and set off a new upsurge of Hijoy in the motorcycle market. With the enterprise spirit of rigor, efficiency, collaboration and innovation and operation ideas of scientific innovation giving limitless vitality and quality being the foundation of development, the Company is strict with itself by best product, first-class quality, supreme service and leading-edge management with high-start, high standard and high quality brand positioning, to advance bravely with the objective of branding of enterprise, prominence of brand, refinement of products and globalization of market.

The Company is expecting to associate with powerful factories to jointly build the brand of Hijoy.