Xiangyang Heng de Auto Parts Co., Ltd. is located in the high-tech Automobile Industrial Park in Xiangyang, Hubei province. It was founded in December 2005, covering an area of 99.8 mu, registered capital of 27 million yuan, total assets of about 120 million yuan, assets and liabilities rate 30%, bank credit rating of AA grade. The company mainly engaged in the design, development, production and sale of automobile aluminum alloy wheel hub, with the capacity of 1 million aluminum alloy hub with annual output of 150 million vehicles, the annual sales revenue reached 150 million yuan, and it has the right to operate and import and export. The products have been exported to more than 30 countries (over 90% export products and the national export ranking forty-seventh). The countries are Pakistan, Dubai, Malaysia, India, the United Kingdom and so on.