In September 2011, Fujian Dacheng Motor Group was established. The registered capital of the group is RMB 65.3 million, and four subsidiaries are established under it: Fujian Mingtai Pump Industry Co., Ltd., Fujian Baixin Electric Co., Ltd., Fu'an Bede Import and Export Co., Ltd., and Fuchengtai Mechanical & Electrical Co., Ltd. The group is now applying for national high-tech enterprises, and has established close industrial, academic, and research cooperation with many scientific research institutions, such as Fujian Academy of Mechanical Science, School of Electrical Engineering and Automation, Fuzhou University, and Fluid Machinery Engineering Technology Research Center of Jiangsu University. alliance.