Zhengxing Wheel Group Co., Ltd. (hereinafter referred to as "Zhengxing Group"), was established in June 2003. It specializes in the research and development, production and sales of various types of automobile wheels, with an annual production capacity of 15 million sets of wheels.

Zhengxing Group has built 6 production bases specializing in wheel manufacturing in Zhangzhou, Fujian (Headquarters), Langfang, Hebei, Chengdu, Sichuan, Hefei, Anhui, Benxi, Liaoning, Hua'an, Fujian, etc. The products are mainly steel wheels of various models. There are more than 430 series of varieties, and the marketing network covers 31 provinces, municipalities and autonomous regions across the country. It has more than 8,000 sales outlets and is exported to Japan, South Korea, India, Southeast Asia, Europe, Africa, America and more than 30 countries and The region supports more than 90 large and medium-sized automobile factories at home and abroad.

On May 13, 2011, Zhengxing Group successfully listed on the New York Stock Exchange with the abbreviation "ZX" of the brand "Zhengxing" as the stock code.

After the successful listing of the New York Stock Exchange, Zhengxing will use the funds raised to continue to strengthen the construction of the after-sales service network, further improve the production capacity of the six production bases, increase the construction of Huaan aluminum wheel production base, and continue to promote the development of China's wheel industry. Vigorously expand the international market, build Zhengxing Group into a global leading wheel industry and a world-class automotive parts company, creating good returns for shareholders.