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Founded in 1983, Zhejiang Ruixing Electromechanical Technology Co., Ltd. (Formerly Zhejiang Ruixing Carburetor Manufacturing Co, Ltd.) is a large enterprise specializing in producing core parts for off-road machinery integrating R&D, manufacturing, sales and service. Through 40 years of development, Ruixing has formed 10 series of products, including: carburetor for off-road machinery; motor and motor controller; ZTR transaxle and it's driving and controlling system, tractor/rider transaxle and it's driving and controlling system, deck motor and it's controlling system, ZTR caster wheel, front and rear transaxle for walk-behind mower, electric marine motor and motor controller; throttle body; EFI; gas regulator; gas mixer; fuel pump; oil pump; regulating valve. Ruixing comprehensive strength ranks the top two in the industry globally and the first in China. All our products are OEM to the engine manufacturing customer and are mainly sold to the United States, Europe and other countries. Covering an area of 90,000 square meters, Ruixing has 1100 employees. The sales revenue is CNY612 million, and tax payment is more than CNY45 million in 2022.
Through years of efforts, Ruixing has won the following honorary titles: National Single Champion Product, National High-tech Enterprise, China Famous Trademark, Zhejiang Provincial Hidden Champion Enterprise, Provincial Famous Commodity, Provincial Export Famous Brand, Provincial Credit Management Demonstration Enterprise, Provincial Patent Demonstration Enterprise, Wenzhou Top 100 Tax-paying Enterprise, Wenzhou Leading lndustrial Enterprise, Ruian Advanced Tax-paying Enterprise. Ruixing has also been confirmed as a proposed listed enterprise in Wenzhou, and won the Wenzhou Mayor Quality Award in 2022.