Hongji Bike group -integrated the R&D, production, and supply chain, to operate as a cohesive company, to efficiently serve the fast growing, short distance,intelligentmobility industry(MicroMobility). -The major focus being E-Bike,E-Scooter and electrified mobility products. Hongji’s E-Bike designs, have won several world class, top-tier awards.-Hongji bike Group acquired the SAXY brand in 2021 to grow its E-Bike business internationally.-The SAXY brand was previously owned by the famous German brand, SACHS.The German Saxy business was founded in 1950 by SACHS, as its gasoline driven motorcycle business brand. SACHS was owned by the world renown automotive business, ZF Friderichshafen AG group.