Jiangsu Changhong Intelligent Equipment Co., Ltd. (hereinafter referred to as "Changhong Intelligence") was established in 1989. It is a professional company engaged in the planning and design of automobile factories, as well as the design, manufacturing, installation, commissioning, and after-sales service of painting, assembly, and welding systems in automobile and aerospace fields. After more than 30 years of development, Changhong Intelligence has grown into a national high-tech enterprise, a national pilot enterprise for technology innovation, a national superior enterprise for intellectual property, a national specialized and sophisticated ‘Little Giant’ enterprise, a national contract-abiding and trustworthy enterprise, and a national pilot enterprise for integration of informatization and industrialization. Its registered capital is 77.73 million yuan, with over 800 employees, a land area of 180,000 square meters, and a building area of 120,000 square meters.