September 18, 2014 8:50 PM ET

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Company Overview of Zongshen Industrial Group Co., Ltd.

Company Overview

Zongshen Industrial Group Co., Ltd. develops, manufactures, and sells diesel and electricity driving engines and power systems. It also engages in industrial, real estate, automobile, financial, and mining businesses. The company provides two-wheeled vehicle power system, three-wheeled vehicle power system, four-wheeled vehicle power system, farm-use power machinery, diesel power, electric power driving, and relevant end products; and motorcycle engines and parts, including double overhead cam rocker-free 4-valve water-cooled engines, scooter engines, in-line twin cylinder motorcycle engines, 3-valve motorcycle engines, etc. It also offers general petrol engines and power general machinery p...

Zongshen Industrial Part

Ba'nan District

Chongqing,  400054

China

Founded in 1992

Phone:

86 40 0700 3088

Key Executives for Zongshen Industrial Group Co., Ltd.

Chairman and Chief Executive Officer
Age: 62
Executive Vice President
Age: 50
Senior Vice President
Senior Vice President
Age: 42
Secretary of the Party committee
Age: 50
Compensation as of Fiscal Year 2014.

Zongshen Industrial Group Co., Ltd. Key Developments

Zongshen Industrial Group Co., Ltd. to Invest $100 Million in Burma Mine

Zongshen Industrial Group planned to invest USD 100 million buying a ferrotitanium mine in Kokang, Burma, the first purchase of an overseas mine by Chongqing's motor giant. Zongshen last year signed a framework agreement with a Kokang-based mineral company to co-develop the mining industry. This acquisition negotiation is close to an end recently. The total investment of about USD 100 million will be made in three phases and the phase 1 of USD 30 million will be launched this year at fastest.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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