The Mitsubishi Group, which today has 115 affiliated companies and branch machines, was founded in October 1870 when Yataro Iwasaki established the Kujyusho Shokai (Kujyu Shokai) in the Tosa Clan, which at the time sold cast-iron "Tensui Buckets". In January 1872, the Kujukyu Shokai was renamed the Mikawa Shokai, and in March of the following year, it was renamed the Mitsubishi Shokai, and the name "Mitsubishi" has been used ever since. In 1875 (the eighth year of the Meiji era), Mitsubishi Corporation was established as a postal steamship company and merged with the Nagasaki Shipbuilding Corporation, which was a spin-off of the Nagasaki Rongtetsusho, established during the time of the Tokugawa Shogunate. In 1917, Mitsubishi's first minibus was mass-produced at the time of the Mitsubishi Shipyard, and the 35-horsepower, seven-seat Model-A was the first mass-produced automobile in Japan. The first Mitsubishi truck prototypes were developed in 1918, including two three-ton and two four-ton models. In 1932, the first large bus, the B46, a 30-seat bus with 100 horsepower, was introduced to the market, marking the beginning of the Mitsubishi bus line. In 1934, the first 4WD Japanese automobile was completed, the Mitsubishi PX33 sports car (equipped with a diesel engine), which attracted the attention of the world's automobile world. In 1935, Japan's first pre-combustion diesel-engined BD46 bus was developed. In 1936, the first mass-produced TD45 diesel-powered truck was launched. In 1947, the first electric bus, the MB46, was developed. In 1950, the first rear-engine, 130-hp, 76-passenger Fuso R1 bus was mass-produced. In 1951 the T380, an eight-ton truck with a revolutionary suspension system, was launched, a design typical of today's heavy-duty truck range. In 1967, the T810, an eight-ton truck with a top speed of 115 km/h, was launched. In 1970, Mitsubishi Motors was founded as "Mitsubishi Automotive Industries, Ltd." with joint investment from Mitsubishi Automotive Sales Corporation, Mitsubishi Heavy Industries, and Kreisler Motors Corporation of the U.S.A. The company was founded in 1975 with the aim of developing the Mitsubishi Automotive Group into a leading manufacturer of automobiles and vehicles. In 1975, Mitsubishi created the first silent anti-vibration differential axle with advanced technology, which drove a reverse crankshaft through two double-rotating differential axles, thus ensuring stable and quiet driving. In 1980, the first Japanese touring car, the Galant, was powered by a turbocharged diesel engine, the Astron 2300. In 1982, Mitsubishi Electric was established as a manufacturer of fully turbocharged engines for its entire production line, and at that time, fully turbocharged cars were fitted, including the Golt, the Lancer, the Galant, the Sapporo, and the Starion. Throughout its 86-year history, Mitsubishi Electric has always been committed to Throughout its nearly 86-year history, Mitsubishi Electric has been committed to research and development of cutting-edge technologies and know-how, as well as to the development and manufacture of high-performance products and equipment systems on this basis. Mitsubishi Electric has long established a global network connecting its companies, research institutes and production plants, providing technical information and data for each business unit, and playing an important role in the process of creating first-class products in each department. Mitsubishi Electric in addition to maintaining the company's leading position in the field of industrial and heavy power equipment, satellite, defense systems, elevators and escalators, automotive electronics, air conditioning, ventilation equipment, etc., but also to further expand in the field of mobile communications equipment, display equipment, display device technology and advanced semiconductors and other areas of the world market share. In addition, mitsubishi will also be committed to expanding new business areas, especially environmental protection and advanced health care field and has been successful in the field of medical equipment and water purification. Mitsubishi electric business in China, with the process of China's reform and opening up and step by step development, growth. Starting from taking over the power generation equipment of Baoshan Iron and Steel General Factory in 1978, Mitsubishi Electric has been providing a variety of industrial and household electrical and mechanical equipment, power equipment, elevators, air-conditioners, and other products and equipment to a wide range of customers in China. At the same time, we have been actively engaged in various technical exchanges and cooperative activities with many Chinese companies. In 1987, the first joint venture company, Shanghai Mitsubishi Elevator Co., Ltd. was established in Shanghai, which introduced the world's most advanced computer-controlled AC frequency conversion elevator technology from Mitsubishi Electric, and soon realized localized production. At present, the company has developed into an excellent enterprise in China's elevator industry. As of July 2006, Mitsubishi Electric has 26 joint ventures and wholly-owned enterprises in China, which are engaged in various businesses and active in technology transfer in a wide range of fields such as automobile parts, thermal print heads and other electronic devices, as well as transmission and transformation equipment, factory automation equipment, household appliances and other electronics and equipment. Mitsubishi Electric (China) Co., Ltd." established in October 1997, as an investment company, will further develop investment activities in China in the future, and as a comprehensive electronics and electromechanical enterprises - Mitsubishi Electric window in China, will continue to carry out research and development with China's scientific research and other units *** with the research and development, human resources training, Cultural exchanges and other activities to contribute to Sino-Japanese friendship and China's economic development.