Beijing Automotive Import & Export Corporation (short for "BAIEC"), founded in January of 1985, is a major and leading supplier of automobiles in China with capabilities ranging from auto manufacturing, parts supplies to technical solutions and import and export business. Its holding company, Beijing Automotive Industry Holding Co., Ltd. is one of the country's major auto production bases and among the 8 largest automobile groups in China as well. It comprises tens of production factories and research institutes to produce 700,000 entire vehicles per year in 3 major categories including jeeps, light-duty trucks and travelling vans. Besides, parts and fittings are offered in high quality and wide varieties to cities nationwide.