Suyu Power was established in June 2016. It carries out business around the entire industry chain of karts, independently develops vehicles and systems, and is committed to creating a driving experience of full-scene racing. After years of development, it has become a company integrating R&D, production, sales, and operation management. The integrated group company has formed two core businesses: "Suyu Power" full-scene racing car and "Ruixing Intelligent" low-speed unmanned vehicle.

At present, the group has a complete technology development system. After years of deep cultivation and accumulation in the fields of racing and intelligent low-speed autonomous vehicles, it has mature core technologies such as chassis, embedded, and Internet of Vehicles. A number of smart electric racing cars have entered more than a dozen countries around the world, with more than 600 tracks and more than 20 tracks at the same time; smart low-speed unmanned vehicles have been mass-produced and served many large state-owned enterprises such as ZTE and China Post. With the continuous exploration and efforts of the team, the group has carried out industry-university-research cooperation with Southeast University Vehicle Laboratory and Jiangsu Intelligent Electric Carrier Equipment Research Institute, and jointly undertake large-scale projects. The company has made multi-faceted R&D and production layout, and has set up Nanjing R&D headquarters and Nanjing trial production factory No. 1 production base.

Suyu Power's corporate vision is to enable low-speed smart cars to provide services to global users and simplify life: use full-scene racing to lower the threshold for racing, so that more people can enjoy the fun of racing.