The company was founded on April 27, 1995. It is an interdisciplinary group company that started with the production of fully automated bowling equipment, bicycles, etc., and gradually focuses on emerging industries such as investment, new energy, and the Internet. It also covers the hotel and film industry. Currently, the company is mainly engaged in bicycle manufacturing business and foreign equity investment business, forming a dual main business model. Main products: Manufacture and sale of various special vehicles such as bicycles, parts, mopeds, etc., and other ancillary products related to bicycles. Corporate honors: The “Permanent” bicycle trademark won the first “China Famous Trademark”; the Permanent PA13 bicycle won the National Silver Award in September 1980; the Permanent 660mm series won the National Silver Award in December 1982; the Permanent Bicycle won the Gold Award for Excellent Export Product in the Light Industry; the “Double Dragon Cup” Award for the National Excellent After-sales Service Enterprise in the Light Industry; at the 11th Asian Games in September 1990, Chinese athletes chose the Permanent SC656 racing car to win the men's highway 100 100 km team time race championship, etc.
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