Beijing Zhixing Hongyuan Automobile Co., Ltd. ("Zhixing Hongyuan") is a high-tech enterprise specializing in the integrated development and design of new energy vehicle power systems. The company has mastered all the core technologies of mature electric vehicles and has obtained nearly 200 patents and software Copyright, obtained the qualification of national high-tech enterprise and double software certification enterprise. The company has an experienced development team, among which more than 90% are doctors and masters, most of which come from the new energy development field of mainstream automakers at home and abroad.

Zhixing Hongyuan joined hands with China Chengtong to establish China New Energy Automobile Co., Ltd. ("Zhongxin Automobile" for short). Relying on Zhixing Hongyuan's core technologies, products, and vehicle integration capabilities such as electronic control, motors, and batteries, Chengtong Group has The logistics warehousing and distribution network is positioned to develop, produce, sell and lease a full range of pure electric urban logistics distribution vehicles. Through large-scale promotion, it is planned to build the country's largest electric urban logistics vehicle rental and sales platform. It is planned to promote 500,000 vehicles in five years. Pure electric logistics distribution vehicle.

Zhixing Hongyuan is also the core power system and vehicle R&D center and core component production base of China New Automobile. Up to now, it has invested hundreds of millions of yuan to build vehicle electronic control, batteries, motor systems, and vehicle networking systems in Beijing. R&D centers and production bases for core components of new energy vehicles. At the same time, it has formed substantive strategic cooperation with Samsung and other world-class battery cell and motor suppliers. The two parties jointly develop and promote battery packs based on Samsung cells in the Chinese market.