Company Profile
Industry Overview:
Due to the increasing demand for and limited supply of oil worldwide, and the resulting increase in oil prices, the promotion of energy-saving vehicles has become one of China's basic national policies for the future development of the automobile industry. In the coming years, the Chinese government plans to devote more resources toward the implementation of more favorable tax policies to encourage development of energy-saving cars and decreasing energy consumption through a comparatively lower consumption tax on fuel-efficient vehicles. Against this backdrop, it is believed that the mini-sized casual vehicles will become a popular choice for the Chinese people because of the vehicles' practicality and modern performance capabilities. The Chinese government has also implemented new agriculture policies, creating huge growth in agricultural industrialization. Farmers' income is increasing rapidly, stimulating demand for improvements in working conditions, especially after the recently completed reconstruction of large farmland areas in the developed coastal areas in Southeast China. It is believed that these factors have created a demand for a safe and comfortable mini-sized pesticide-spraying vehicle specialized for agricultural purposes that can help reduce manual labor and increase efficiency. In addition, forestation has become popular for many big urban construction projects, creating parks and gardens in the city, and thus creating a big market for specialized pesticide-spraying vehicles. Due to the rapid development of the market economy in China, there is an increasing need for transportation vehicles for special purposes such as the delivery of express mail, fast food, emergency maintenance services and other short-distance services. Delivery by foot, bicycle, and tricycle has been widely accepted in the market, but the new special vehicles can provide more efficient, safe and energy-efficient transportation services that can help modernize the urban environment in China.