Founded in 1987, Ruili Group has more than 20 wholly-owned, holding and joint-stock enterprises with manufacturing and service industries. The manufacturing industry of Ruili is mainly engaged in the research and development, manufacturing and sales of auto parts and rail transit parts. Rail transit parts manufactured by Ruili are widely used in CHSR, CRH, urban rail and metro. Ruili products featured in Beijing Olympic Games, Shanghai World Exposition. Ruili group has been named the China Top 100 Auto Parts Enterprises, the National Auto Parts Export Base, the Key High-tech Enterprise of National Torch Plan, the National Intellectual Property Demonstration Enterprise, the National Top 500 Private Enterprises, the Zhejiang Top 100 Manufacturing Industry Enterprises, the Zhejiang Leading Industry Enterprise, the Zhejiang Leading Innovation Enterprise, the Zhejiang Leading High-end Equipment Manufacturing Enterprise, the Zhejiang "Three Famous" Cultivate Pilot Enterprise, the Zhejiang Advanced Unit of Valuing and caring Talents. Ruili under the instruction of thinking decide way out, strategic achieve future, detail decides success or failure, has formed a business pattern that manufacturing industry with professional management for diversified operation and investment, now has developed as a enterprise group that auto parts predominating, also take the real estate, hotel services, business, trade, culture and education into account.