Tri-Ring Group Corporation is a large provincial state-owned manufacturing enterprise supervised and administrated under the State-owned Assets Supervision and Administration Commission of Hubei Provincial People's Government (SASAC Hubei) which performs investors' duties on behalf of the government with total assets amounting to RMB 15 billion Yuan, mainly engaged in production and operation of special purpose vehicle, military vehicle, automobile components and CNC metalforming equipment. The corporation's fully owned subsidiaries and holding companies are located in Wuhan, Shiyan, Xiangyang, Suizhou, Huangshi, Xianning, Huanggang and other cities and its holding company Xiangyang Automobile Bearing Co., Ltd is listed in Shenzhen Stock Exchange. Tri-Ring Group Corporation is the leading enterprise of the machinery and automobile industry of Hubei Province, is selected into China's Top 500 Enterprises of Manufacturing Industry, and is awarded the honorable titles of National Automobile Parts Export Base Enterprise, National Enterprise of Observing Contracts and Keeping Promises and China Excellent Creditable Enterprise in many consecutive years. The CPC Tri-Ring Group Corporation Committee is awarded the title of Advanced Grassroots Party Organization of Hubei Province by CPC Hubei Provincial Committee and the leading body of the corporation is awarded the title of Outstanding Group of the Activities Aimed at Building a Leadership Group with Good Political Quality, Good Operational Performance, Good Cooperation and Good Style of Work of Hubei Provincial State-owned Enterprises by the Organizational Department of CPC Hubei Provincial Committee and CPC SASAC Hubei Committee.

Taking the management concept of Honesty and Innovation, Tri-Ring people regard honesty and credit as the basis for establishing the business, and innovation and creation as the source for prospering the business; Credit and keeping faith is our consistent promise and creation and keeping innovating our unswerving pursuit.