Huaxiang group is one of the 18 large enterprises and groups that have been specially cultivated in ningbo. It is one of the top 500 private enterprises in China, the top 500 in the world auto parts industry, and the "going global" strategic demonstration enterprise in zhejiang province. By the end of 2012, the group's total assets were 10.2 billion yuan. Has nine subsidiary, share more than 30 enterprises, the main products are multi-function car, special equipment (vehicles), auto parts, electronic products, aquatic products, large and medium-sized precision mould, and so on. The sales volume in 2016 was 12.4 billion yuan, generating profit tax of 3.858 billion yuan. Modern large-scale group enterprises with comprehensive scale advantages.