Founded in 1992, Chongqing Lifan Holdings Co. Ltd. (hereinafter called Lifan Group) with more than 10,481 employees is one of the biggest private-owned enterprises in China. Lifan Group is a large-scale private enterprise focusing on scientific research and development as well as manufacturing and sales of engines, general machinery, automobiles and motors, meanwhile being involved in finance, securities and real estate.   In 2016, Lifan Holdings achieved a sales income of 37.881 billion RMB, including a production and sales of 234,800 cars, 1.0963 million motorcycles, 3.2264 million engines and 366,000 general-purpose engines. On November 25th, 2010, Lifan Industry (Group) Co., Ltd was successfully listed in Shanghai Stock Exchange, becoming the first listing private enterprise in the field of passenger vehicle holistic enlisted in A-share in China. Through a worldwide sales network, Lifan Group has its products sold to 177 countries and regions e.g. Asia, Europe, Africa, Latin America, etc., setting and maintaining the record of highest export volume among domestic peers for years. Lifan has received the greatest honor as “National Identity” of China, which made the enterprise one of the 100 well-known enterprises that represent China’s 60-year economic development since the founding of the nation.