1. Guangzhou Peerless Bicycle Co,Ltd(former name Huadu Hongye Bicycle Factory)is one of the bicycles and electric bicycles manuactures in China and established in 1989.The head office stays at Longkou industrial area of Huashan,Huadu,Guangzhou,its area is 66,66 square meters,and the fixed assets are over RBM57,000,000.the company has Taiwanese advanced bicycle frame production lines and bicycle assembly lines,and Japanese static eletricity auto painting machines.There are 800 employees in the company,the annual capacity is over 800,000pcs,and the turnover is over RMB200,000,000.Their main brands "Peerless"andMaluwang"are very famous in Chinese bicycle industry.