Second, the expansion of capital corresponds to the expansion of business scope. From the initial hardware to automobile sheet metal parts and automobile molds, Zotye's business has covered many fields such as automobile, automobile and motorcycle instruments, electromechanical, door industry, real estate, tourism, information engineering, import and export, etc. Zotye Holding Group, established in 2003, is a modern private enterprise group with R&D as its core business and development direction, and manufacturing key automobile parts such as complete vehicles, engines, molds, sheet metal parts and transmissions as its main business. It has four advanced production lines of stamping, welding, painting and final assembly at home and abroad and a vehicle dynamic performance testing line. At present, the Group has become one of the fastest-growing private automobile manufacturing enterprises in China, one of the high-tech enterprises in Zhejiang Province, one of the key cultivating enterprises in the equipment manufacturing industry, and an outstanding representative of Zhejiang Province's efforts to build an advanced manufacturing base.