In the founding days of VMEP, the Ching Feng Group invested 100% while Sanyang Motor Taiwan provided management and technical support to assist in R&D and design for making motorcycles suitable for the requirements of the local Vietnamese market. For reasons of enhancing group operational performance and furthering resource integration, VMEP's operational rights were transferred from the Ching Feng Group to Sanyang Motor Taiwan in May 2000. Total investment had already reached USD 130 million by this time, making it one of the most outstanding performers amongst foreign enterprises in Vietnam 's Tongnai province and a role model for successful foreign investment in Vietnam .

VMEP collaborates with Sanyang Motor Taiwan's global development strategy to share and integrate resources, and then proactively expand overseas business for growth of the group. VMEP has already obtained approval from the Vietnamese government to build a "VMEP R&D center" occupying 300,000 square meters of land, which will share and supplement resources with Sanyang Motor Taiwan's R&D center to actively research, develop and design products suitable to the market and consumer preferences in South East Asia , hence quickly responding to market demand. In addition, VMEP will integrate with the complete resources of Mainland China and technical support on motorcycles and engines in preparation for setting up plants in the ASEAN member nation Indonesia , and the strategy of "Cultivating Vietnam, Partnering with China and Marching into ASEAN". VMEP adheres to the principles of satisfying the mobility needs and enhancing the quality of life of everyone by providing "quality p roducts with reason able price".

It has already become a successful example of the parent company - Sanyang Motor Taiwan's overseas production base, with sales volume reaching the scale of millions of units. In the future, VMEP Vietnam will take on even more important role of becoming the base of the company's ASEAN operations center. Not only the VMEP Vietnam will be responsible of motivating expansions into new markets region-wide, but also will be in charge of improving the product's global competitiveness through international procurement system. Along with these strategically deployments of resources, we hope to further heighten the brand image of "Global SYM".

Xiamen Xiashing Motor was founded in 1992 as a joint venture by the Ching Feng Group's Sanyang Motor and Xiamen National Asset Investment Co. as a speicalized motorcycle production company. It is the only motorcycle manufacturing plant in Xiamen , as well as one of the key development projects in the Fujien province. To date, the venture's total investment value has exceeded USD 60 million. In May 2000, Sanyang Motor Taiwan paid USD 21 million to acquire the entire shareholding of Xiashing Motor held by the Ching Feng Group. Sine then, Sanyang Motor Taiwan has officially become the parent plant and holding company of Xiashing, and placed the development of Xiashing in an even better position.
Xiashing Motor stands by the corporate culture of "Integrity, Vibrancy and Innovation" and inherits the essence of Sanyang Motor Taiwan's fifty years of growth. And with the strength in technical ability, product ability and service ability from Sanyang Motor Taiwan, Xiashing has grown exponentially in production and sales since commencing production in November 1995. Currently, it has released the gear shifting ChungHwa series, Wolf series, Aventis series and police motorcycle series, scooter Attila series, Wind series, Han Jung series and national vehicle series amongst 30+ series/models. The company obtained ISO9002 international quality certification in December 1997, and the ChungHwa ZH125 model has also been awarded the premium grade product on three occasions by the National Quality Agency. With the excellent and reliable performance, attractive and modern styling, Xiashing products have already won a place in the fiercely competitive motorcycle market and in the hearts of numerous consumers.

Xiashing Motor follows the motto of "Quality First, Customer Satisfaction" to assure product quality. The implementation of "No acceptance, no manufacturing and no leakage of defects" 3 NOs policy has ensured the high quality of Xiashing products. At the same time, the streamlined "3S" marketing system that has integrated "sales, spare parts and service" takes the improvement of customer satisfaction as the goal to assist distributors in reaching sales targets and creating sales profit at the same time.

Now, Xiashing Motor is geared up for further expansion. Its solid foundation in professional manufacturing skills and leading technologies will serve as a strong backdrop for meeting the challenges ahead. The new plant standing on more than 400,000 square meters of land has already completed the first phase of the construction project to enable production rate up to 120,000 units a year. And the construction of the plant will soon be completed in schedule. In future, Xiashing Motor will keep on reinforcing those distinctive characteristics of technology and quality belonging to the company, and manufacture products locally in meeting the needs of customers and provide ultimate customer satisfaction.

Qingzhou Machinery Industry Co., Ltd. was founded in 1997 with USD 30 million investment from Taiwan 's Ching Feng Group. It possesses the technical strength and management experience of Sanyang Motor Taiwan, and insists on high quality operation principles to develop and manufacture motorcycle engine key components.

The company currently has aluminum extrusion, mechanical processing, heat treatment and painting production lines, using fully imported CNC complex processing equipment with high efficiency precision measurement equipment to build a graded quality assurance system that integrates both software and hardware for producing high performance and high standard motorcycle engine key components such as: pistons, cylinder, crank shaft componentry, cylinder heads, mission gears, and crankcases. Its major customer at the moment is the related enterprise in the group - Xiashing Motor and renowned motorcycle makers in the country with annual production volume reaching 150,000 units.

The company runs business by management principles of cost competitiveness and quality products and works to create sustainable organizational growth based on corporate values of humanity, integrity, vibrancy, innovation and customer satisfaction.