Zongshen 宗申产业集团有限公司

[MJH]

Zongshen PEM blames its inability to adapt to changing market conditions on the changing market conditions.
Resulting in operating losses amounting to 1.7M USD so far this year. They shipped 296,300 units YTD and that is off by 28% from 2011.


The parent companies bought out all the shares in Zongshen PEM.



In brief Zongshen PEM took on the role as an independent wholesaler, they became the interface between the manufacturing base in china and the retail global market. Not sure but I believe they sell motorcycles, but not real interested in promting them through their websites? Most of activity on the website seems to be practicing accounting?


Any how, not sure if the subsidiary selling paper, back and forth will make a difference? In what seems to be a meltdown, for lack of a better term.




On the PEM website they do little to advertise their offerings, they do have a blurb “Mass produced sport motorcycles” The image is of a prototype, they offer behind that statement an image of a ZS500GS, that they circulated though trade shows. Here are some images of it and what likely is the water cooled engine that might propel the bike, I would like to find a website that offered a comprehensive catalog of all of the Zongshens engine offered. I believe the engine in the ZS500GS is available and utilized typically in ATV’s?








I suggest that they update this page, it offers inaccurate forecasts, actually predcits the antithesis of the current trend in china, but then again they have their excuses for the unforeseen effects of the changes in the markets.