|
|
 |
|
Shenzhen YuePengCheng Motor Company is a wholly foreign-own enterprise, which is engaged in the designing, manufacturing, marketing and sales of its “Sunna” brand name micro-motor products. The company has its own professional sets of production equipment and specialized check-out facilities, the products with good performance and reasonable prices have been sold at home and abroad. By September 2009, we had a total of approximately 900 employees, with 200 of them are engineers, technicians, quality control staffs. The products mainly used as the supporting parts in home appliances, cars, industrial automation, and digital Control machine tools.
Since the commencement of our manufacturing operations in 1999, we have expanded our product offerings to produce a range of Alternating Current (“AC”), Direct Current (“DC”) micro-motors. We currently produce products in 28 different series that include more than 1,200 different product specifications. Our various types of motors are designed for incorporation into a variety of applications, including:
(1) Home appliances Motors: including hairdryers, air conditioners, paper shredders, soy milk makers, juice makers, electric fans, heaters and massagers.
(2) Vehicles Motors: including automobile air conditioners, windshield wipers, automatic window mechanisms and ignitions.
(3) Digital controls Motors: including devices used to start mechanical equipment and other larger motors.
(4) Tool Motors: Mainly used in lawn mowers, trimmers, branch cutters, channeling machines and other garden tools.
The company's products have passed ISO9001, 2000 quality system certification and 3C certification testing. It has been granted as high-tech enterprises in Shenzhen and China's private enterprises recognized brands.
The Company’s manufacturing building is located in the High new-tech industrial Park, which is a modern industry park of integrating of the production, warehouse and office. It contains a production workshop area of about 15,000m2. The facility includes a mold and molding workshop, a semi-finished products workshop, an assembly workshop and a finished products testing workshop. It also has an independent finished product warehouse and a raw material warehouse.
On May 6, 2009, SRKP 21, Inc. a Delaware corporation (i) closed a share exchange transaction, described below, pursuant to which SRKP 21 became the 100% parent of Attainment Holdings, a British Virgin Islands corporation(Attainment Holding’s wholly-owned subsidiary Luck Loyal International Investment Limited, Hong Kong corporation (“Luck Loyal”) and Luck Loyal’s wholly-owned subsidiary Shenzhen YuePengCheng Motor Co., Ltd) (ii) assumed the operations of Attainment Holdings and its subsidiaries, including Shenzhen YPC, and (iii) changed its name from SRKP 21, Inc. to China Electric Motor, Inc. We have applied for the listing of our common stock on the NASDAQ Global Market under the symbol “CELM”, and our shares of common stock will be listed or quoted for trading.
Company Goals: Our goal is to become a global leader in the development and manufacture of micro-motor products.
Operation Objectives: Quality is the survive fundamentals, technology is the quality guarantee. Cost is the key, market is the life, and profit is the goal.
Company Philosophy: Learn, Reform and Innovate
- Learn – People will be able to perfect themselves through the continuous learning; Enterprises will be able to achieve a great success through continuous learning.
- Reform – Be vigilant in peace time. Continuous reform is an inexhaustible motive force to maintain an enterprise’s vitality.
- Innovate – Concept innovation as a precursor, market innovation as the goal, technology innovation as a core, management innovation as an assurance.
Intellectual Strategy: “people is the essence”, emphasize on employee training, pay attention to employee benefits and their intellectual value appreciation: a team of competent staff with highly specialized skill sets and capability to learn is our most valuable assets.
| |
|
|