Zhejiang Saifei Auto parts Co., Ltd.

        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.

        In August 2019, the company set up its holding subsidiary Zhejiang Saifei Auto Parts Co., Ltd. and its wholly-owned subsidiary Yangzhou Saifei Auto Parts Co., Ltd., specializing in the production of semi-trailer accessories. Currently, it has an annual production capacity of 60,000 pairs of outriggers. The products are chiefly exported to Singapore, Russia, Malaysia, ChinaTaiwan, the United States, Mexico, the Middle East, South America as well as other countries and regions.