The precursor of Hebei Zhongxing Automobile Manufacturing Co., Ltd. (ZXAUTO) was founded in 1949 and it is the birthplace of China's first domestically produced pickup with its own independent property rights. The great success in "forty-eight thousand eight hundred you' ll drive Tianye back home" made ZXAUTO one of the national famous car brands. In 1999 a joint venture with a registered capital of US$30 million and total assets of US$ 119 million was set up in place as the currently largest modern pickup, SUV mainstream production company with completely independent...