Baoding Laifu Automobile Lighting Group Cangzhou Co., Ltd. was established on January 18, 2019 with a registered capital of 500 million yuan. The project is located in Xianxian Economic Development Zone, with a total investment of 1.022 billion yuan, covering an area of 340mu and a construction area of 172200 square meters. Xiongan New area Baoding Laifu Automotive Lighting Group Co., Ltd. is a wholly-owned subsidiary of Baoding Laifu Automotive Lighting Group Co., Ltd. (hereinafter referred to as the Group) overall relocation project. Baoding Laifu Automotive Lighting Group Co., Ltd. is a diversified group company, formerly a state-owned enterprise founded in 1970, now has 13 joint ventures and wholly-owned subsidiaries, such as automotive light bulbs, automotive lamps, automotive plastic parts, automotive electronic modules, automotive LED modules, CNC sawing machines, optoelectronic technology, and so on. It is an excellent member of China Lighting and Electrical Appliances Association, the "home of model workers" of the all-China Federation of Trade unions, a demonstration enterprise of international scientific and technological cooperation in Hebei Province, one of the top 100 private enterprises in Hebei Province, and the "LIFE" trademark is a famous trademark Laifu Group has a R & D team of professional and technical personnel at home and abroad. The R & D projects include automotive light bulbs, automotive lamps and automotive LED modules, 12 foreign technicians and 56 Chinese R & D personnel, with more than 50 invention patents and 117 utility model patents. In 2017, the Research and Development Department was awarded "Hebei Enterprise Technology Center", and the certificate of "Hebei Industrial Enterprise R & D Institute" was issued by the Provincial Department of Industry and Information Technology in December 2018. All products have passed European E/mark certification, IATF16949 international quality management system certification of Nande Company of Germany, environmental management system certification of 14001 and occupational health and safety management system certification of 18001. Over the past 50 years of development, adhering to the concept of advanced manufacturing and high-end manufacturing, and with the spirit of meticulous craftsmanship, the company has created a precedent for the domestic manufacturing and export of foreign OEM in China's automotive lighting industry, with a domestic market share of 36% in 2019, and formed a "top three dance" situation with Philips and Osram, the world's top 500 enterprises stationed in China. Over the past 30 years, it has been trusted by various automobile factories and equipped with cars for FAW, Dongfeng, Tianjin Toyota, Guangzhou Automobile Toyota, SAIC GM Wuling, Changan, Geely, BYD, Great Wall and other companies. The products are exported to Japan for Nissan, Toyota, Honda, Mitsubishi, Fuji heavy Industry, Isuzu, Suzuki and other world famous automobile companies, and exported to France, Indonesia, Mexico, India, Thailand and other countries and regions. Laifu Group Cangzhou Co., Ltd. was established on January 18, 2019 with a registered capital of 500 million yuan. The project is located in Xianxian Economic Development Zone, with a total investment of 1.022 billion yuan, covering an area of 340mu and a construction area of 172200 square meters. After the completion of the project, it will produce 200 million auto light bulbs, 15 million LED automotive lighting modules, 3 million auto lamps and 20 million automotive plastic parts, with an annual sales income of 1.2 billion yuan, profits and taxes of 120 million, and employment of 1800 people.