| Ningbo Ruyi Joint Stock Co., Ltd was founded in 1985. The co***ny is a Sino- Germany joint venture; state level high tech enterprise; provincial level competent center. The co***ny mainly manufactures a series of forklifts, including electric trucks, electric stackers, a series of anti-explosion products, a series of hand pallet trucks, load binders and other electric and mechanical products for export. The co***ny occupies 115000 square meters, building ***ce 96000 square meters, total assets RMB350M, sales revenue in 2011 reached RMB776M, with 20% anuual increase, domestic sales reached RMB170M, with 13% anuual increase, accounting for 22% of total sales. The co***ny has 1030 staff, including 307 engineers and techicians. 89 people have senior or medium level professional certificates. The co***ny¡¯s Xilin brand hydraulic pallet truck had been standing in front among competitors in China in terms of production and sales volume as well as in quality. Xilin brand enjoys fame all over 145 countries and refions.
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