Founded in 1969, Wanxiang group has become a modern multinational enterprise group with revenues exceeding 100 billion yuan and profits exceeding 10 billion yuan, with an average annual growth rate of 25.89% since Lu Guanqiu set up a farm machinery repair factory at the Bank of Qiantang River with 4,000 yuan. Wanxiang is the only auto parts enterprise among the 120 pilot enterprise groups under the State Council and 520 key enterprises of the state. It is one of 16 enterprises with international competitiveness in China's march to world famous brands, known as "Chinese Enterprises Evergreen Tree. ". Wanxiang auto parts manufacturing and sales as the main industry, is one of the representative of China's auto parts manufacturing enterprises. Wanxiang has formed 6 square kilometers manufacturing base in China, and FAW, FAW, SAIC, GAC and other established stable cooperative relations, leading product market share of more than 65% . Abroad, in the United States, the United Kingdom, Germany and other 10 countries with nearly 30 companies, more than 40 factories, more than 16,000 overseas employees, is GM, Volkswagen, Ford, Chrysler and other international mainstream auto factory supporting partners, market share of leading products 12% . In 1999, Wanxiang began to distribute clean energy, vigorously developing batteries, electric cars, natural gas power generation, wind power generation and other industries, a total investment of one billion. In recent years, Wanxiang has cooperated with a number of American clean energy companies with advanced international technologies, and has entered into important partnerships with SAIC in the production of new energy passenger cars, Karma and BMW. Now, with the advantages accumulated over the past 49 years, Wanxiang is ready to invest more than 200 billion yuan to start the construction of a "Wanxiang innovative energy-gathering city" , the goal is to build an international, high-tech clean energy company. In addition, Wanxiang actively responded to the call to feed agriculture, engaged in seed industry research and development, ocean fishing and deep processing of marine products. There are now seven companies, three of which are listed on the Stock Exchange, which have directly made more than 400,000 farmers rich. For nearly half a century, Wanxiang has always kept pace with the times and constantly transcended itself. Facing the future, Wanxiang will continue to forge ahead and make unremitting efforts to become a century-old enterprise respected by the world!