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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 18 holding subsidiaries in hunan changsha, yongzhou, chenyang, anhui province, and huezhou, guangdong. The company has been operating four times. Of this, priority was given to the establishment of a small ordnance repair facility (plant) for the military, from 1950 to 1965. The second start-up was in 1965-1984, when the factory was mainly engaged in the repair of artillery, firearms, optical equipment and cars by the army, and was a large, integrated repair enterprise in guangzhou. The third start-up period was 1984-2010, when the factory achieved its strategic intent of "generic support and conversion" by building a large nation-wide light off-road vehicle production base, creating a national famous brand, a cheetah 4s shop, moving from factory to company, with the company's headquarters moving from yongzhou city to changsha city. The fourth entrepreneurship period was 201 to — a new chapter in the leopard business was created following the strategic reorganization of the cheetah 4s shop and the guangcai group. The cheetah car 4s is in the process of recruiting worldwide. Welcome aboard