The long-fung group limited liability company, formerly the people's liberation army plant no. 7319, was established in june 1950. In october 1996, with the approval of the ministry of general logistics, the factory system was transformed into a state-owned limited liability company. In september 2001, the entire army was handed over to the hunan people's government, which is now under the authority of the hunan state administration. The cheetah 4s has a registered capital of 1,669 million, with a total asset of $7 billion, and currently has over 5,700 employees. The cheetah 4s shop operates mainly in the areas of research, development, manufacture and sale of whole cars, such as leopards, pickup trucks and related parts. The company operates the hunan panthers automobile company, ltd., and anhui chang fong co., a company with limited liability for car manufacturing, two whole-car manufacturing enterprises; the company has set up the panthers automobile institute in beijing: it has ...