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LUSUNNY GROUP BRAND

About Us

LUSUNNY GROUP BRAND

COOPERATION · PERSISTENCE · SHARING

As a leading Chinese manufacturer of electric vehicles and core components, we have been specializing in the R&D and export of 2/3/4-wheelers, shock absorbers, and hub motors since 1999.

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COMMITTED TO BECOMING A GLOBAL BRAND IN THE FIELD OF NEW ENERGY VEHICLES

Lvjia Group, based in Taizhou, Zhejiang, operates six major production bases across China. We specialize in a full range of electric two-wheelers and three-wheelers, dedicated to becoming a leading global brand in new energy transportation.

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Pioneering and Innovation, World-Renowned Fame

Mingzhen Industrial, a national high-tech enterprise, has specialized in R&D and manufacturing of shock absorbers for 25 years. We contributed to multiple national and industry standards and were recognized as a Zhejiang Provincial "Specialized, Refined, Unique, Innovative" Enterprise in 2023.

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Development History

  • 1999
    From 1999 to 2015, we established famous earthquake damping (original Qili), Xinchang Anxin, Shenglong Spring, Green Jia Electric Vehicle, Thunder Machinery, Road Commercial Mechanical Electric, Xiqiao Machinery.
  • 2001
    In 2001, the company initially proposed the business philosophy of "Groupization, Diversification, Specialization, and Individual Assignment."
  • 2006
    In 2006, Lushang purchased its first piece of land for a distinctive small industrial zone in Linhai.
  • 2007
    In 2007, Lushang Group issued its first systematic "Financial Management System."
  • 2008
    In 2008, Qili Shock Absorber was relocated entirely to the Lushang characteristic small industrial zone and renamed Zhejiang Mingzhen.
  • 2008
    In 2008, Lushang introduced an equity and profit incentive system, providing a platform for outstanding middle and backbone employees to share in the group's development dividends.
  • 2009
    In 2009, the First Middle and Senior Management Representative Conference was held in Huaxi Village, where the Group's "First Five-Year Plan" was announced.
  • 2009
    In 2009, Du Leilei from Lvjia Sales was admitted as a shareholder of the Motor Company, benefiting from the equity incentive plan.
  • 2009
    In 2009, Hu De'an, Yuan Weihua, Ying Jinbing, and Liu Yunxiang were included as profit incentive recipients for Zhejiang Mingzhen.
  • 2011
    In 2011, Lvjia, Xiqiao, and Shenglong relocated to the Binhai Industrial Park.
  • 2011
    In 2011, the company conducted a rectification and cleanup of relatives associated with the shareholder team.
  • 2011
    In 2011, Zhejiang Mingzhen was recognized as a National High-Tech Enterprise.
  • 2012
    In 2012, Lushang Group introduced the philosophy of "Persistence · Cooperation · Sharing."
  • 2014
    In 2014, Cai Jiaman, a shareholder of Xiqiao Company, was expelled and fined for violating the "Shareholder Cooperation Agreement" by investing in an external company, marking the Group's first such case.
  • 2014
    In 2014, the Taizhou operations were fully relocated to the Duqiao Industrial Park.
  • 2014
    In 2014, the "Lushang Basic Law" was implemented, the "Lushang Management System" was compiled, and the "Shareholder Cooperation Agreement" was revised and improved.
  • 2014
    In 2014, the Lushang Siyuan Charity Foundation was established, becoming the first private charitable foundation in Taizhou City.
  • 2014
    In 2014, the Second Middle and Senior Management Representative Conference was held, where the Group's "Second Five-Year Plan" was announced.
  • 2015
    In 2015, Zhejiang Mingzhen and Shenglong Spring invited well-known domestic accounting firms to conduct due diligence in preparation for asset securitization.
  • 2015
    In 2015, Group shareholders participated in and successfully acquired shares of Taizhou Bank through an auction.
  • 2015
    In 2015, a two-way promotion and demotion system between first-generation shareholders, second-generation shareholders, and profit incentive recipients was introduced.
  • 2016
    In 2016, the concept of "Industry + Investment, Resource Closed Loop" was proposed.

COOPERATION

"Cooperation" is a model of development and the cornerstone for Lushang people to achieve what it is today. It represents not only cooperation among shareholders, among employees, and between employers and employees, but also the cooperation between capital and technology. Through cooperation, the strong remain strong.

PERSISTENCE

"Persistence" is a process of continuity. It represents not only the willpower of Lushang people, but also their determination and conviction. For any industry, only through persistence can it achieve stability, grow stronger, and expand. It is precisely more than a decade of persistence by Lushang people that has forged the achievements Lushang Asset Management Group enjoys today.

SHARING

"Sharing" is a way of giving back, and a reflection of Lushang’s commitment to creating value for its shareholders, employees, and society. Lushang people advocate the principle of "Filial Piety First" and place great emphasis on giving back to employees' parents. They also value the realization of individual value and focus on rewarding talented individuals. It is more than a decade of cooperation and persistence that has paved the way for today’s successful sharing.

Lushang people will further uphold the values of "Cooperation, Persistence, and Sharing", work together to strive for development on a larger platform, and enable our cooperators to obtain **** sharing in the process of persistence.

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