Zhejiang Wanliyang Transmission Co., Ltd. is the first listed company in transmission industry in China (Stock No. SZ002434). It is centered in Zhejiang Province and radios to Shandong, Hubei and Sichuan. With its assets about 350 million USD, the company is at forefront in producing and selling transmissions for commercial vehicles. Its market share for transmissions of light and medium-sized trucks is above 30%. It has become one of the companies which grow the fastest, have the most types of transmissions and have the largest scale. At present, it is mainly focused on transmissions for commercial vehicles and in 2010 it invested 100 million USD in manufacturing transmissions for passenger vehicles. It is the first company in China which designs, produces and sells transmissions for mini, light, heavy-duty trucks, buses, SUV and cars. Its customers are big automobile companies such as Foton, DFM, JAC and FAW. It can output 1.2 million sets of transmissions annually with more than one thousand types. It has been verified as "Leading Enterprise in China Transmission Industry" and "Top 100 in China Auto Parts Industry". It has been verified by ISO/TS 16949, ISO14001 and built testing center for automobile transmissions overall performance testing which has been recognized by China National Accreditation Service for Conformity Assessment (CNSA). It pays great attention to human resource, brand building and technology innovation. It sticks to the quality principles "Advanced Technology, Honesty, Excellent Products, Overall Service" and sales principles "Market as core, Clients satisfaction as goal". It has more than 600 specialized technicians, of which 20 are experts in the industry, and actively cooperates with research institutes and universities including Zhejiang University, Academy of Armed Force Engineering and etc. It undertakes many provincial technical breakthrough and reforming projects and has more than 50 patents. All its products have Independent intellectual properties and good quality. It has more than 3000 sets of advanced manufacturing equipment, including OKUMA space center, imported multi-purpose furnace, Gleason P400G grinding machine, shaving cutter grinding machine and CNC machine tools. It produces the most parts of its transmission assembly, which ranks the first in China. Its first-class CNC gear measuring system and transmission overall performance testing center can guarantee the success of its new products. It has built more than 100 service stations and warehouses in more than 20 provinces. Innovation on management and technology are the main factors for the success of Wanliyang. It has been verified as "High-tech Enterprise" and "China Excellent Private Technology Enterprise". Its products are verified as "National Important New Product", "China Famous Trademark", "Famous Brand in Zhejiang Province" and "Famous trademark in Zhejiang Province". Transmissions installed on off-road vehicle Dongfeng Mengshi (Military review vehicle) are recognized by Chinese military. Wanliyang is changing from "manufacturing" to "innovation". It is on the way to becoming a world famous auto parts supplier.