Zhejiang Saifei Electric Co., Ltd. (formerly Zhejiang Sanmen Shuangda Electric Co., Ltd.) iswasincorporated in 1999, with a registered capital of RMB 21 million. It has more than 150 employees, covering a floor area of 19,000 square meters and a building area of 21,331 square meters. The company has a holding subsidiary, Zhejiang Saifei Auto Parts Co., Ltd. and a wholly-owned subsidiary, Yangzhou Saifei Auto Parts Co., Ltd.